Job Market Monitor
In the News
The Skills Gap in Cambodia – Over half of the firms feel that vocational education and training programs do not yet meet the needs
The shortages of skilled labor and quality human resources are among the greatest challenges facing the Cambodian economy, a new survey revealed Wednesday. The survey was done based on the interviews of 355 enterprises nationwide by the International Labor Organization and the Cambodian Federation of Employers and Business Associations ( CAMFEBA). “In terms of … Continue reading
UniCredit – To cut cut 8,500 jobs by 2018
Leading Italian bank UniCredit has posted a massive loss of 14 billion euros for 2013. Much of that was as it wrote off bad loans that it knows will never be repaid, along with so-called goodwill – the paper value of assets – in Italy, Austria and central and eastern Europe. The writedowns are to … Continue reading
Walmart Employees – Would be better if they could go to another company and another job and make more money and develop says Bill Simon, CEO
“Some people took those jobs because they were the only ones available and haven’t been able to figure out how to move out of that,” Bill Simon, CEO of Wal-Mart U.S., acknowledged in an interview with The Associated Press. If Wal-Mart employees “can go to another company and another job and make more money and … Continue reading
Jobs in US Tech-Sector – About 3.9 million workers, roughly 3% of the nation’s payroll workforce
To get a sense of the Web’s impact on employment, we analyzed data from the Occupational Employment Statistics program, a joint federal-state effort to catalog the structure and compensation of the nation’s workforce. The program sorts wage and salary workers into some 800 different occupations, from CEOs to short-order cooks. Twice a year, the program … Continue reading
UK – Young People in the Labour Market: 69% of young people not in full-time education were employed at the end of 2013
Main findings • The number of people aged 16 to 24 in full-time education has more than doubled over the last 30 years • 69% of young people not in full-time education were employed at the end of 2013 • The proportion of young people undertaking work alongside full-time study has been falling since the … Continue reading
Jobs – 6 ways to use the data from the BLS
Here are six other ways you can use the Bureau of Labor Statistics to help you on the road to talent acquisition: 1. Shift your focus to a high-growth industry. 2. Gain insight into regional salary expectations. 3. Persuade a candidate that a career move will up their earnings. 4. Figure out how picky you can afford … Continue reading
Public and Private Sector Payroll Jobs under US Presidents – Carter, Reagan, Bush, Clinton, Bush and Obama
There are many differences between these periods. Overall employment was smaller in the ’80s, so a different comparison might be to look at the percentage change. Of course the participation rate was increasing in the ’80s (younger population and women joining the labor force), and the participation rate is declining now. But these graphs give … Continue reading
Job Entrepreneurs – Companies maximizing jobs over profits
What if the purpose of a company was to employ people? Instead of hiring enough people to make the greatest profit, it would make enough profit to hire the greatest number of people. Put simply, these “job entrepreneurs” maximize jobs instead of profits. There is a precedent in this. “Social entrepreneurs” seek to maximize purpose … Continue reading
Greece – Immigrants who left were more than those who entered the country
More than 20,000 immigrants that were living in Greece have returned to their countries, said the Head of the International Organization for Migration (IOM) Office in Greece, Daniel Esdras. According to Mr. Esdras, 2013 was the first year when the immigrants who left Greece were more than those who entered the country. Chosen excerpts by … Continue reading
The Apps Economy in Canada – To top 110,000 by 2019
The number of people employed in Canada’s apps economy has grown to over 64,000, and will top 110,000 by 2019, say analysts at the Information and Communications Technology Council (ICTC). The estimates and projections were released today in the Council’s second look at the red-hot Canadian mobile apps landscape, The Appification of Everything: Canada’s apps … Continue reading
Apple – Foxconn to hire 15,000 more workers
Foxconn wants to expand further beyond its roots as a parts supplier, and it’s looking to hire enough people to push that effort. The Taiwan-based company also known as Hon Hai announced this past weekend that it plans to hire 15,000 employees in its native country, The Wall Street Journal reported on Monday. The hiring … Continue reading
Sweden – Many more young women than men showed an interest in university
Six out of ten Swedish students about to graduate from high school (gymnasium) want to pursue higher education, but many more young women than men showed an interest in university. The survey from Statistics Sweden showed that 69 percent of the women plan on going on to study, while 48 percent of the men expressed … Continue reading
New Grads in China – Government has encouraged self-employment
The Chinese government has encouraged self-employment in an attempt to foster new areas of growth to keep people in work. Chinese Premier Li Keqiang admitted that the employment situation is tough in his government work report delivered to the country’s top legislature last week. He said a record 7.27 million college graduates will be job … Continue reading
Agriculture in Canada – Why is it such an exciting industry?
Q: Why is Agriculture such an exciting industry? A: Agriculture is every changing. Every day there is something new and exciting happening in the business of producing food. There will always be dynamic and innovative career opportunities available to young people all over the world in this industry. I believe working in agriculture does make … Continue reading
Disney’s Games and Online Division / 700 Layoffs
Walt Disney overhauled its struggling interactive division in a sweeping reorganization that will reduce the number of video games it develops and alter its advertising strategy to focus more on the fast-changing mobile market. As part of the revamp, Disney will lay off 700 employees, roughly one-quarter of the interactive division, according to a person … Continue reading
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