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US – Obama to sign bill improving worker training
On Tuesday, President Obama and Vice President Biden will announce new executive actions on job training at the signing of the Workforce Innovation and Opportunity Act Congress and the President have finally found some common ground: Obama will sign the first significant legislative job training reform effort in nearly a decade on Tuesday. The Workforce … Continue reading
Canada – 6.1 unemployed people for every job vacancy in April
In April, there were 227,000 job vacancies among Canadian businesses, little changed compared with April 2013. There were 6.1 unemployed people for every job vacancy, also little changed compared with one year earlier. via The Daily — Job vacancies in brief, three-month average ending in April 2014.
US – 250,000 more engineers over the next 10 years will be needed
The United States will need nearly 250,000 more engineers over the next 10 years to work in high-growth sectors and industries such as oil and gas, aerospace, and renewable energy, with employers to make more than a third of new engineering jobs available in metropolitan areas such as Houston, Los Angeles, and Washington, D.C. That … Continue reading
India – Industrial jobs needed says economist Pranab Bardhan
Eminent economist Pranab Bardhan today said the country requires a massive labour-intensive industrialisation to create more opportunities. “I am in favour of labour law reforms. The new government has already taken steps to change it but I think the country needs massive labour-intensive industrialisation,” Bardhan, professor Emeritus of Economics at the University of California, Berkeley … Continue reading
Allergan – To cut about 1,500 jobs
Allergan Inc., the maker of the wrinkle remover Botox, will cut 1,500 jobs and eliminate another 250 vacant positions as it tries to fend off a hostile takeover from Valeant Pharmaceuticals International Inc. The job cuts, representing 13 percent of Allergan’s global workforce, and further restructuring will lead to savings of about $475 million next … Continue reading
Minimum Wages in US – Jobs grew faster in the 13 states that boosted their minimums at the beginning of the year
In the 13 states that boosted their minimums at the beginning of the year, the number of jobs grew an average of 0.85 percent from January through June. The average for the other 37 states was 0.61 percent. Nine of the 13 states increased their minimum wages automatically in line with inflation: Arizona, Colorado, Florida, … Continue reading
Unemployment Under 4% in US – Five States have it
With the exception of Vermont, which had an unemployment rate of 3.5% in June, the states with extraordinary jobless figures are in the Great Plains, where an energy boom has helped the economy. Shale-rich North Dakota had a jobless rate of a mere 2.7% in June. Following it were Nebraska at 3.5%, Utah at 3.5% … Continue reading
US – Quality jobs outlook best in more than six years Gallup finds
More than one in three Americans (35%) say now is a good time to find a quality job. While not high on an absolute basis, this percentage is the highest since December 2007, the starting point of the Great Recession. The jobs measure has been improving in the past few months, and increased seven percentage … Continue reading
Brain drain from Africa (video)
Africa is suffering a brain drain, and the big four – Nigeria, South Africa, Kenya and Ethiopia – are the hardest hit. Can African countries retain their talent while also promoting intra-African development. via ▶ Skills migration brain drain for Africa – YouTube. Related Posts China / The world’s worst brain drain POSTED BY MICHEL COURNOYER ⋅ JULY 29, … Continue reading
Microsoft – To cut 18,000 jobs at Nokia
Microsoft Corp will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it almost halves the size of its newly acquired Nokia phone business and tries to transform into a cloud-computing and mobile-friendly software company. The larger-than-expected cuts, announced on Thursday, are the deepest in the company’s 39-year history and … Continue reading
Unemployment Insurance Weekly Claims in US – At 302,000, it is a very good sign
SEASONALLY ADJUSTED DATA In the week ending July 12, the advance figure for seasonally adjusted initial claims was 302,000, a decrease of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 304,000 to 305,000. The 4-week moving average was 309,000, a decrease of 3,000 from the previous … Continue reading
Job Search in Scotland – More than 40% of traffic is now from mobile users
Scottish job seekers are increasingly looking for their next career move on mobile devices, according to the country’s leading recruitment platform. s1jobs most recent data reports that more than 40% of traffic to their site is now from mobile users, signalling a huge mind shift in how people now view the job hunt and application … Continue reading
UK – To the record rate of employment set in 2005 says rime Minister David Cameron
Prime Minister David Cameron said this was now equal to the record rate of employment set in 2005. “Today’s figures show more people have the security of a job than ever before. Full employment is a key aim of our long-term economic plan,” he said. via BBC News – UK unemployment falls to six year … Continue reading
Young Adults in US – There were 31.2 million young adults ages 18–2
Demographics As of 2012, there were 31.2 million young adults ages 18–24 living in the United States. About 522,000 young adults were serving on active duty in the armed forces in 2012. Just over 180,000 young adults were imprisoned in State correctional institutions in 2011. Education In 2013, 84 percent of young adult women and … Continue reading
UK – Household incomes fall by 13% for those aged 22-30 finds the Institute of Fiscal Studies
People aged 22-30 saw their household incomes fall by 13% between 2007 and 2013, while those between 31 and 59 saw a 7% drop, according to the Institute of Fiscal Studies (IFS). Employment prospects for the under-30s were also hit harder. Living standards are set to be a key issue in the run-up to next … Continue reading
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