Job Market Monitor
A Closer Look
Columbus Casino | Over 600 will be hired
Hollywood Casino Columbus now is hiring for more than 600 full- and part-time dealer positions. Opening in the fall, the casino is recruiting team members for more than 100 table games, including 30 poker tables. Candidates can apply online at http://www.hollywoodcolumbus.com. “For our dealer positions, we need fun-loving people who are passionate about the business, … Continue reading
Great Recession vs Great Depression : Not as deep but recovery much slower
The causes of the Great Recession were similar to the Great Depression – as opposed to most post war recessions that were caused by Fed tightening to slow inflation – and I’m frequently asked if we could compare the percent job losses during the two periods. Unfortunately there is very little data for the Great … Continue reading
Crazy Statistics about The European Crisis
doesntevenmakesense.com has gathered the following statistics about the European economic crisis that are ‘almost too crazy to believe….’ Greece #1 The Greek economy shrank by 6 percent during 2011, and it has been shrinking for five years in a row. #2 The average unemployment rate in Greece in 2010 was 12.5 percent. During 2011, the average unemployment rate was 17.3 … Continue reading
Detroit | At least 4,100 teachers get layoff notices
At least 4,100 Detroit Public Schools teachers have received layoff notices and are being told that they can reapply for their jobs next month. Detroit Federation of Teachers union President Keith Johnson told The Detroit News (http://bit.ly/HI0fpe) that that notices were sent by the district this week. The layoffs are effective Aug. 24, shortly before … Continue reading
UK Youth Unemployment | From 6,000 to 50,000 on Jobseekers’ Allowance for more than one year
As recently as 2008 there were fewer than 6,000 18-24 year olds who had been on Jobseekers’ Allowance for more than a year. That number is now just under 50,000 – more than eight times as many. This is not just the recession and its aftermath: after falling back somewhat in the year to May … Continue reading
Netherlands | Long-term unemployement increases dramatically among lower educated
During the past two years, the number of people who were unemployed in the Netherlands for twelve months or more has risen noticeably: from 91 thousand in 2009 to 139 thousand in 2011. Long-term unemployment is much more frequently found in the age category 25-45 and among lower educated. Young people are often unemployed only … Continue reading
Education still matters for unemployment
Despite gains in employment, uneducated workers are still three times more likely to be unemployed than college-educated workers. According to the latest report from the Bureau of Labor Statistics, the unemployment rate was 8.2% in March, which is a large improvement over the near-record high of 10.2% two years ago. While unemployment rates have improved for most workers, the … Continue reading
Canada | Space programs face layoffs
Federal budget cuts could be felt far, far away — up in outer space. A 10 per cent budget cut over 3 years may impact new projects most. Industry leaders are worried that cuts to the Canadian Space Agency announced in the recent budget might hurt critical programs. There are fears of possible layoffs among employees, … Continue reading
Is it 75 now instead of 65?
Much has been written about the fact that financial necessity is making Canadians decide to stay in the work force past the traditional retirement age of 65. But there’s also a growing grey market of seniors who are choosing to recommit to their careers in their 60s and 70s. Older workers have dominated recent gains … Continue reading
China | $2.4 bn deal will create more than 10,000 jobs in India
Power Construction Corporation of China said on Friday it had signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity. The second phase of the project for India’s Infrastructure Leasing & Financial Services Limited (IL&FS) will include … Continue reading
European Wind Energy Association sees 500,000 jobs to Europe by 2020
Wind energy to bring 500,000 jobs to Europe by 2020 according to a new report from the European Wind Energy Association (EWEA) Wind power has certainly been gaining more attention throughout Europe, despite concerns regarding efficiency and viability. Many European countries are beginning to adopt and make use of wind turbines and some have become … Continue reading
Malaysia | Skills Gap | Still a problem
Sarawak will need to hire skilled manpower from Peninsular Malaysia and overseas to address shortage faced by industrialists by the year 2015. Assistant Minister in the Chief Minister’s Office (Promotion of Technical Education) Datuk Len Talif Salleh said the state could produce about 30,000 skilled manpower each year against the needed 226,493 three years from … Continue reading
Australia | ANZ cuts 230 jobs
ANZ will axe 230 roles from its wealth management division as part of the 100 job cuts it announced earlier in 2012. An ANZ spokesman said staff in its Australian wealth business were told on Wednesday that 230 positions would be made redundant. The axed positions are part of the 1,000 job cuts the bank … Continue reading
Spain | Carrefour to hire 3,000
Carrefour, Europe’s biggest retailer, plans to take on 3,000 new employees in Spain in 2012 with the opening of new shops, a newspaper said on Friday, citing the head of the company’s Spanish activities, Rafael Arias-Salgado. Newspaper Cinco Dias said the group planned to add 70 to 75 supermarkets to its 180 Carrefour Market and … Continue reading
India | Infosys to hire 35,000
Country’s second largest IT firm Infosys on Friday said it will hire 35,000 people this fiscal, including 13,000 for its BPO operations. “We are going to add 35,000 more people next year, which includes 13,000 people for the BPO operations,” Infosys Member of the Board and Chief Financial Officer V Balakrishnan said. Infosys and … Continue reading
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