Job Market Monitor
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ADP and Gallup on US Jobs – Positive but weak job growth
Private-sector employers added 139,000 jobs last month, up from a revised 127,000 in January, but down from 205,000 in February 2013, according to ADP. Economists had forecast that private-sector hiring somewhat slowed down last month, with employers adding 160,000 jobs, compared with an originally estimated January increase of 175,000, according to a Dow Jones Newswires … Continue reading
Apprenticeship in UK / Dominated by older workers and existing employees says an expert
Most apprenticeships offered by UK employers are given to existing members of staff, making it harder for young people to get on the schemes, an expert said yesterday. Speaking at a Work Foundation conference on skills in London, Lizzie Crowley, senior researcher at the Work Foundation, said: “Around 80% of apprenticeships go to existing members … Continue reading
UK / Hiring at fastest rate since 1998 according to Markit employment index
British companies hired staff at the fastest rate in 16 years in February, as growth in orders and broader economic recovery fuelled confidence. The Markit employment index, combining the latest PMI data from the services, manufacturing and construction sectors, rose to 56 in February from 55.7 in January. It was the highest since the combined … Continue reading
Australia / Supermarket giant Coles’ expansion to create 16,000 jobs
Supermarket giant Coles will open 70 new stores in the next three years, creating more than 16,000 jobs. The new stores will be located across the country and are expected to create 8,500 full-time equivalent positions, and more than 8,200 construction jobs. via Coles’ expansion to create 16,000 jobs – http://www.thebull.com.au.
National Apprenticeship Week in UK – Vocational education as equal to academic qualifications
National Apprenticeship Week is a time to commend the achievements of apprentices and politicians have led the way with warm words about the work that apprentices do. One theme already this week has been the need to ensure that vocational education is seen as equal to, rather than second fiddle to, academic qualifications. The University … Continue reading
Turkey – Employment has increased by 23 pct since 2008
Employment has increased in Turkey by 22.7 percent since the 2008 global economic crisis. According to International Monetary Fund (IMF) and Turkish Statistical Institute (TurkStat), the data indicated Turkey has increased its workforce by 4.7 million people since the global economic crisis started to show its effects world-wide. (between 2008 and November 2013) Turkey took first place … Continue reading
Michelin in Canada / To cut 500 jobs
French tyremaker Michelin (MICP.PA: Quote) said on Monday it would gradually reduce production at a Canadian plant by mid-2015, cutting about 500 jobs and booking a provision of C$87 million ($78.52 million) in the first half of this year. Chosen excerpts by Job Market Monitor. Read the whole story at Michelin to cut 500 jobs at … Continue reading
US – The 10 states where income inequality has soared
These are the 10 states where income inequality has soared. 10. New York > Share of growth captured by the 1%: 67.6% > Real income growth 1979-2007: 60.5% (4th highest) > Income growth, bottom 99%: 22.2% (22nd highest) > Income growth, top 1%: 355.1% (3rd highest) 9. Florida > Share of growth captured by the … Continue reading
European Union – 5.556 million young persons (under 25) were unemployed in January
The euro area (EA18) seasonally-adjusted unemployment rate was 12.0% in January 2014, stable since October 20134. It was also 12.0% in January 2013. The EU28 unemployment rate was 10.8% in January 2014, stable since October 20134. It was 11.0% in January 2013. These figures are published by Eurostat, the statistical office of the European Union. … Continue reading
España / Mapa de Tasa de Paro
Provincial – Tasa de Paro.
Canada Job Grant / Deal reached with all provinces except Quebec Jason Kenney confirms
Employment Minister Jason Kenney has confirmed the federal government has reached a deal in principle will all provinces except Quebec on the Canada Job Grant, as CBC News reported yesterday. “I am pleased to announce that we have arrived at an agreement in principle with 12 provincial governments and territories on their delivery of the … Continue reading
Heinz in Canada / 250 workers would keep their jobs consortium with an agreement to buy
H.J. Heinz Co. reached a deal to sell a factory in Canada that the Pittsburgh company planned to close in restructuring North American operations. Heinz said on Thursday that Highbury Canco Corp., a Toronto-based consortium of investors including the plant’s manager, agreed to buy the Leamington, Ontario, plant and become a contract manufacturer for some … Continue reading
Novartis – Up to 3,000 job cuts in just 4 months
Unlike every other Big Pharma company in the world, Novartis ($NVS) tends to prefer to communicate rather selectively when it chops a facility here or winnows out its ranks over there in its global structure. Specifics on the secretive Basel-based company tend to leak out through local reports, if at all, with releases targeted at … Continue reading
LinkedIn / Nasty rejection goes viral
Blazek’s response to an e-mail and LinkedIn request from Diana Mekota, a 26-year-old planning to move to Cleveland this summer, has made the rounds on Reddit, Buzzfeed and other viral hotspots after Mekota posted it to her Imgur account. And the resulting backlash is yet another cautionary tale about how posting something mean-spirited … Continue reading
Wells Fargo / To cut 700 jobs in mortgage
Wells Fargo said Wednesday that it will lay off 700 workers, adding to the tens of thousands who have lost their jobs industry-wide after rates jumped last year. The San Francisco bank said the cuts included 203 employees in the Minneapolis-St. Paul Area, according to my colleague Jim Hammerand at the Twin Cities Business Journal. … Continue reading
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