Job Market Monitor
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Spain / Unemployment rose by 113,097 in January
Spanish government figures show that the number of people registered as unemployed rose by 113,097 in January as temporary job contracts created over Christmas came to an end. The Labor Ministry said Tuesday that the reduction put the total number of those registered in unemployment offices at 4.81 million. Year-on-year, the figure was down 166,343. … Continue reading
UK / Employers are expected to recruit many more graduates this year
Employers are expected to recruit many more graduates this year, according to the Association of Graduate Recruiters. Numbers of vacancies rose by more than 4% last year, with the AGR predicting a rise of 10.2% in 2014. The rise reflects growing business confidence and economic growth, the association says. Big growth sectors include IT and … Continue reading
Corporate Welfare / Doesn’t boost employment
Despite its popularity as a job-creation tactic, corporate subsidies tend to redistribute jobs from one community to another, not create new ones, says Milke. Last month, Kellogg’s announced it was shutting down a plant in southwestern Ontario and shifting some production to a company plant in eastern Ontario that had received millions in provincial support. … Continue reading
Tech Jobs in Canada / Big data and business intelligence pay best
Gaming and animation may still be the sexiest jobs in the tech sector, but it’s the fast-moving world of big data and business intelligence that will earn you the best money, according to the 2014 Technology Salary Report. The report is published annually by the Toronto-based recruitment firm Lannick Technology and gives us a glimpse … Continue reading
Volvo / To increase its job cuts to 4,400
World No.2 truck maker Volvo will increase its job cuts to 4,400, more than double its original plan, after currency effects and the cost of launching new models muted a rise in quarterly earnings. But Sweden’s biggest private sector employer also unveiled a stronger-than-expected order intake in the fourth quarter on growth in North America, … Continue reading
UK / Half workers see current job as a “stop-gap”
UK workers are more likely to consider their current employment as a stop gap rather than part of a career With the younger generation showing to be the most career-minded A new survey reveals that nearly half (46 percent) of Britons think of their current employment as a stop gap, whilst only two out of … Continue reading
IT Skills Gap in Malta / 77% of jobs in the next 10 years will require IT skills
“Half of today’s jobs require a certain degree of IT skill and experts predict this percentage will go up to 77 per cent in the next decade.” This was stated by Adrianna Zammit, country manager for Microsoft Malta and Cyprus during her address at Project Fireworks, a project which saw corporate companies, educators and students … Continue reading
Layoffs In Tech / All the growth is in high mobility
While much of the focus in the current news cycle seems to be on celebrity top executives and the minutiae of selecting and deselecting them, there is an underlying trend receiving far less notice: layoffs of ordinary workers at tech companies. The problem stems from the long-term malaise of the x86/Windows ecosystem, which has been largely upended … Continue reading
Europe / Non-EU seasonal workers will have equal rights
Foreign seasonal workers in the EU will have the same employment and social rights as their EU counterparts, under new rules adopted by the European Parliament on Wednesday (5 February). Seasonal fruit pickers are among those set to benefit from EU rules voted Wednesday (Photo: Manchester-Monkey) MEPs in Strasbourg signed off on the bloc’s first … Continue reading
Sony / Around 5,000 layoffs to come
Thousands of employees of Japanese tech company Sony will be affected by a major reorganization plan of the company. They have confirmed they are selling their Vaio PC business and switching its TV division into its own company, a move which is expected to lay off 5,000 employees from its global operations. It is estimated … Continue reading
US / Planned job cuts jump by 47%
Planned job cuts by U.S. employers in January soared 47% from the prior month, according to data from an outplacement firm, with the heaviest layoffs to occur in a battered retail sector after many reported weak holiday sales. The data echoes what market observers have seen for weeks, as Target Corp. ( TGT ), Macy’s … Continue reading
US / Jobless claims fall by 20,000
The number of Americans filing new claims for unemployment benefits fell more than expected last week, in a boost to the labor market outlook and the broader economy. Initial claims for state unemployment benefits declined 20,000 to a seasonally adjusted 331,000, the Labor Department said on Thursday. Claims for the prior week were revised to … Continue reading
New Zealand / Many more jobs but wages increase slowly
Employment increased strongly over the last three months of 2013; wages, not so much. The number of people employed rose by 24,000 or 1.1 per cent in the December quarter, Statistics New Zealand reported, enough to offset a migration-fuelled increase in the labour force and still reduce the unemployment rate to 6 per cent from … Continue reading
Job Report in Canada / StatsCan’s numbers questioned
Put the Department of Finance on the growing list of observers who are questioning the accuracy of Canada’s unemployment numbers. According to documents obtained by the Globe and Mail, the department has concluded that volatility in Canada’s jobs data is “well above” normal. “The volatility of employment growth as measured by the [Labour Force Survey] … Continue reading
Bristol-Myers in France / Threatening to cut jobs at its two Agen factories
Bristol-Myers Squibb, BMY -0.76% the New York-based drug maker, is threatening to cut jobs at its two Agen factories, where a range of paracetamol painkillers are made, after the French government unveiled plans to push for wider use of cheaper generic versions. The government may announce its final decision as early as Thursday, according to … Continue reading
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