Job Market Monitor
A Closer Look
Childcare cost rises ‘may make parents quit their jobs’ – BBC News
Some parents could be forced out of work and into poverty as the rising cost of childcare outstrips wage rises, says a report. A survey by the Daycare Trust charity showed that the average cost of nursery care in Britain for children under two rose by nearly 6% last year. Average wages rose by just … Continue reading
WOW Sight And Sound In Liquidation – Layoffs
The slump in retail spending has claimed another victim, with Queensland-based WOW Audio Visual Superstores placed in the hands of receivers and managers. The company has about 500 employees, with 10 stores in Queensland and two in New South Wales, according to a statement from receivers and managers Ferrier Hodgson. WOW Audio Visual Superstores also has … Continue reading
Eli Lilly to create 200 Kinsale jobs – RTÉ News
Pharmaceutical company Eli Lilly has announced an investment of almost €330m at a new plant in Kinsale in Co Cork. The plant will manufacture and prepare for market the next generation of treatments for illnesses such as cancer and diabetes. Some 300 jobs will be created during construction, while the plant will need 200 skilled … Continue reading
PNC lowers plan for layoffs by 100 – NewsObserver.com
PNC Financial Services Group, which is on the verge of completing its acquisition of RBC Bank, has found new jobs for nearly 100 workers in Raleigh and Rocky Mount whose current positions are being eliminated. The bank is still working on finding new jobs for others who are facing layoffs, PNC spokesman Fred Solomon said … Continue reading
Layoffs hit Hebron fabrication site at Bull Arm – Nfld. & Labrador – CBC News
Some workers have been let go at the Bull Arm industrial yard in eastern Newfoundland, although the managing company says the layoffs are routine and will not affect the Hebron offshore oil project. Kiewit-Kvaerner Contractors let 10 people go on Thursday. Six were staff members, while four people had been seconded from other companies and … Continue reading
Wisconsin leads Midwest in layoffs, unemployment
Despite signs of recovery over the last year, Wisconsin is one of the leading states in layoffs and unemployment claims, according to the most recent federal statistics. Only five other states — California, New York, Pennsylvania, North Carolina and Florida — had more layoffs than Wisconsin during January of this year, according to the a … Continue reading
Rosebud Mining Begins Layoffs
As many as 30 workers will be receiving unemployment checks following what some workers call the “beginning” of further cuts in the Rosebud Mining organization. While there was no one available at Rosebud to confirm reports, it appears that over 20 positions were eliminated in Rosebud’s Kittanning operation on Route 422 and at least ten … Continue reading
100,000 jobless facing unemployment benefit changes 100,000 jobless facing unemployment benefit changes
Thousands of Ohioans could see their extended unemployment benefits cut short as early as this spring as the federal government pares back the duration of benefits from an unprecedented 99 weeks. Congress last week reauthorized extended benefits through the end of the year for millions of unemployed Americans, including about 100,000 in Ohio. The federally … Continue reading
Signs of UK recovery may be exaggerated | Business | The Guardian
The GDP data revealed a worrying 5.6% decline in business investment in the last quarter of 2011 Let’s hope the euphoria that greeted last week’s economic data lasts longer than the cheers England’s footballers can expect this summer when the European championships get underway. There is nothing more traditional than football supporters putting hope ahead … Continue reading
Recovery bypasses Silicon Valley non-tech workers – Associated Press
Daniel Macias is the face of Silicon Valley seldom seen by those who don’t live there. When he was 19, he wasn’t starting what would become one of the world’s most successful tech companies, like Mark Zuckerberg did at that age when he founded Facebook. Macias spent his 19th birthday behind bars, where he’d been … Continue reading
iTWire – Big increase in Web jobs: report
The chief executive of Australian-based Internet start-up, global outsourcing marketplace, Freelancer.com, Matt Barrie, said today the latest findings of the company’s online Fast 50 survey of the jobs market, revealed that in there was a “tremendous rise across the key web technology areas”, with HTML up 193% – to a “whopping 72,571 new jobs.” Barrie … Continue reading
Wanted: Engineers and Web developers to staff D.C. upstarts – The Washington Post
Members of the Washington region’s start-up community gather each month and meeting co-organizer Peter Corbett almost always asks the same question: How many of you are looking to hire? Without fail, dozens, if not hundreds, of hands fly into the air. Like so many of their counterparts around the country, the region’s up-and-coming technology companies … Continue reading
ICT skills shortage hampers Northern Ireland companies’ expansion – BBC News
Amidst the gloom of rising unemployment, here’s some good news: a survey by a recruitment firm says Belfast is one of the best cities in the UK to get a job in the information and computer technology (ICT) sector. But there’s a reason for that: we have got a serious shortage of suitably qualified people. … Continue reading
Bank of America to freeze pension plan
Bank of America announced plans Thursday to freeze pension plans, effective in July, and increase its 401(k) contributions instead. Eligible employees will keep the pension benefits that they’ve earned to date but will not receive additional benefits, Bank of America (BAC, Fortune 500) spokesman Scott Silvestri said. The company will instead begin making an additional … Continue reading
India | Coming soon, UGC degree in vocational education – Hindustan Times
A bachelor’s degree in vocational education is likely to be introduced in the University Grants Commission affiliated institutions in 2012. The standing committee of UGC which met here two days ago has formally approved a proposal to introduce a bachelors degree in vocational education. This is to get a final nod from the commission. … Continue reading
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