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US / No job creation in January finds Gallup
Gallup’s Job Creation Index registered +19 in January, unchanged from the prior month. This score is a three-point improvement from January 2013 and is on par with the overall 2013 average of +20. Chosen excerpts by Job Market Monitor. Read the whole story at U.S. Job Creation Flat in January. Related Posts US / ADP National Employment … Continue reading
The Slow Recovery of the US Labor Market / A CBO Report
In assessing the slow recovery of the labor market, CBO estimates the following: Of the roughly 2 percentage-point net increase in the rate of unemployment between the end of 2007 and the end of 2013, about 1 percentage point was the result of cyclical weakness in the demand for goods and services, and about 1 … Continue reading
India / 2 in 5 workers plan to change jobs in 2014
Two in five workers in the country are planning to change their jobs before the year ends due to reasons like need for higher salary and better work-life balance, says a survey. According to a CareerBuilder.Co.In survey, forty-four per cent of full-time workers plan to change jobs in 2014. Moreover, 11 per cent have not … Continue reading
Home Depot Canada / Hiring 6,300 for spring season
The Home Depot® Canada is currently hiring 6,300 associates across all 180 locations to support its busiest season, spring. “Spring gives us the opportunity to find the best associates, who are passionate about customer service,” said Bill Lennie president, The Home Depot Canada. “From Vancouver to St. John’s, we are about building meaningful, sustainable careers.” … Continue reading
Skills Gap in US / A barrier to growth for 25 percent of the private companies
Overall, U.S. CEO confidence is improving in 2014, but one area where optimism continues to lag behind is in finding a qualified workforce. According to the latest PricewaterhouseCoopers Private Company Trendsetter Barometer, 57 percent of companies plan to hire in 2014, but over 25 percent of the private companies surveyed cited finding qualified workers as … Continue reading
US / ADP National Employment Report: 175,000 workers were hired by private-sector firms in January
ADP’s January National Employment Report is out. The payroll-processing firm estimates 175,000 workers were hired by private-sector firms in January. Market economists were looking for a 185,000 estimate. The December estimate from ADP’s previous report was revised down to 227,000 from 238,000. Chosen excerpts by Job Market Monitor. Read the whole story at ADP National Employment Report … Continue reading
Disney / Hundreds of layoffs in gaming unit
Walt Disney Co is preparing to lay off several hundred people in its interactive unit, the division that includes gaming products and the Disney.com website, The Wall Street Journal reported on Monday. The layoffs are expected to begin after Disney releases its quarterly earnings on Wednesday, the Journal said. Chosen excerpts by Job Market Monitor. Read … Continue reading
Canada / Could Germany’s “dual system” training work ?
In Canada, by contrast, apprenticeships are generally limited to the skilled trades—carpenters, electricians, pipefitters and the like—and attract a much older crowd with “significant” labour market experience, according to a 2011 Statistics Canada study. Only about half of the more than 400,000 registered apprentices will actually complete their programs, with studies attributing the low success … Continue reading
Law School in US / Tenured Faculty Layoffs
As more and more people discover that law school is not the “get rich quick” scheme that they once thought it was, applications continue to plummet. As of late January, law school applications were down 13.7 percent from where they were in 2013. The loss of student revenue is killing the bottom line at some … Continue reading
Spain / Firing Aid was scrapped on Jan. 1
The 2012 overhaul, which made it cheaper to fire workers and easier to reduce wages, extended subsidies for small companies cutting staff. The measure, which brought the cost of firing permanent workers closer to that of temporary staff, was scrapped on Jan. 1 this year. “One of the most effective provisions of the labor reform … Continue reading
KPN / To cut another 2,000 jobs
Dutch telecoms group KPN will cut up to a further 2,000 jobs after frugal consumers and stiff competition drove down quarterly revenues in its mobile division, causing profits to miss expectations. Chosen excerpts by Job Market Monitor. Read the whole story at UPDATE 2-KPN to cut more jobs as mobile revenue slides | Reuters. Related articles Europe … Continue reading
WalMart in Canada / To create 7,500 jobs
Walmart Canada is still in growth mode, with plans to spend about $500-million this year to upgrade its network and add new stores. The country’s biggest mass merchant said Tuesday it will work on 35 supercentre projects between now and next January, bringing its Canadian store count to 395 from 389. That will include 282 … Continue reading
Manufacturing Jobs in US / The debate
In 1953 manufacturing accounted for 28 percent of U.S. gross domestic product, according to the U.S. Bureau of Economic Analysis. By 1980 that had dropped to 20 percent, and it reached 12 percent in 2012. Over that time, U.S. GDP increased from $2.6 trillion to $15.5 trillion, which means that absolute manufacturing output more than tripled in 60 years. Those … Continue reading
Top 10 jobs with the highest and lowest obesity risk
The Jobs with the Highest Obesity Risk: 1. Truck drivers – 38.6 percent 2. Transportation and material moving – 37.9 percent 3. Protective services – 33.3 percent 4. Cleaning and building services – 29.5 percent 5. Health services – 28.8 percent 6. Mechanics and repairers – 28.9 percent 7. Administrative support – 27.9 percent 8. … Continue reading
Dell / 15,000 layoffs to begin this week
Dell’s expected layoff programme is expected to begin this week, and over 15,000 people may lose their jobs worldwide. Insiders speaking to the Register say that the PC giant’s restructuring operation has resulted in cuts in every department, “some of these have already been downsized and are now being told to cut 15 per cent … Continue reading
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