Job Market Monitor
In the News
Amplats / To cut 1,400 jobs
Anglo American Platinum (LON:AAL), the world\’s largest platinum producer, warned Monday the current strike at its South African operations could force the company to cut 1,200 to 1,400 jobs this year. The miner said the planned layoffs would follow last year’s lost of 7,438 jobs, when merged five mines at its Rustenburg complex into three. … Continue reading
Novartis / To cut or transfer up to 4,000 jobs
Novartis has confimred that pharma jobs will be reallocated in 2014 in a continuation of the productivity drive that saved the firm $2.8bn (EUR2bn) last year. Swiss newspaper NZZ am Sonntag reported that Novartis was looking to cut or transfer up to 4,000 jobs – approximately 6% of its global workforce – earlier this week. … Continue reading
Skills Gap in UK / Rise in job vacancies, but skills shortages accelerate says UKCES
A sharp rise in skills shortages could be holding back the UK’s economic recovery, according to new research published today (30 January). The report from the government’s skills experts, the UK Commission for Employment and Skills, finds that the number of job vacancies in England has returned to pre-recession levels. However, so-called “skills shortage vacancies” … Continue reading
Older Workers in Australia / Pushed out of jobs says Age Discrimination Commissioner
YOUNGER bosses who nag older workers to take redundancies, tell them they\’re too old to receive training or deny them promotion are forcing thousands into early retirement. By also refusing to hire older workers they are adding to the nation’s ballooning health and welfare costs by pushing otherwise productive people on to the aged or … Continue reading
Leucadia / To cut 1,300 California Jobs
Leucadia National Corp. (LUK:US), the investment firm run by Richard Handler, plans to shut a beef-processing facility with 1,300 workers, citing poor performance. The closure in Brawley, California, will result in an impairment of a “substantial portion” of the $93 million in long-lived assets at the plant as of Sept. 30, the company said today … Continue reading
Skills Gap in India / Who will pay for workforce development ?
The National Skill Development Mission is an ambitious project of skilling 500 million youth and making them employable by 2022. The recent STAR scheme launched by the National Skill Development Corporation (NSDC), under the Union Government has earmarked ₹10,000 as the expected cost of a single skill intervention. If we juxtapose these facts, India needs … Continue reading
Biden and the Skills Gap in US / 47 overlapping programs in 2009 says GOP
More than 10 million Americans are jobless, but about 4 million jobs were unfilled at the end of November, according to the Bureau of Labor Statistics. Many economists and industry experts attribute the disparity to a gap between workers\’ skills and the skills employers need. “There are plenty of jobs out there, and there’s a … Continue reading
Pension in UK / Introduce a ‘collective defined contribution’ plan says a report
Reform is underway to encourage people to work for longer and to save into a pension. However, contributing at the rates required by auto-enrolment across a full working life will give the current generation of employees a less than 50:50 chance of a decent income in retirement. New pension products and strategies are urgently needed … Continue reading
Does raising the minimum wage = job losses? | rabble.ca
Recently Ontario has decided to raise its minimum wage from $10.25 to $11, a full 16 per cent below the poverty line. Does increasing the minimum wage = job losses? Happily, Ontario has some recent history to rely on in answering this question. The province raised the minimum wage four times between 2007 and 2010, … Continue reading
Older Workers in France / More should be done to promote quality jobs says OECD
Promoting quality employment for older workers is crucial to boosting growth and ensuring a financially sustainable pension system, according to a new OECD report on ageing and employment policies in France. Working Better with Age in France emphasises that the transition from employment to retirement comes especially early and poses problems for many older workers. … Continue reading
Minimum Wage in US / Two-thirds of the federal minimum wage earners are women
Hiking the minimum wage has become the issue-of-the moment for Democrats, and as with many other major policy initiatives of late, they’re touting it as legislation that has a greater impact on women. It’s a tactic they embraced in the run-up to the 2012 race, as the “War on Women” narrative took hold. But now … Continue reading
Baclays / 400 jobs cut in corporate banking
Barclays is cutting 400 jobs from its corporate banking division, adding to the similar number of people axed by its investment bank this week as Chief Executive Antony Jenkins wields a cost-cutting knife. The bank cut 3,700 jobs last year. Chosen excerpts by Job Market Monitor. Read the whole story at Baclays cuts 400 jobs in corporate … Continue reading
Zynga / Acquisition and layoffs
While Zynga is adding staff with the acquisition of NaturalMotion, it’s cutting employees in other parts of the company. The layoffs come with a 15 percent workforce and cost reduction plan that is expected to save the company as much as $35 million but will impact up to 314 employees. This comes after a massive … Continue reading
White House Meets Business / To discuss better job training and discrimination against long-term unemployed
The White House released a list of 23 corporate or small business leaders joining with Obama and Vice President Joe Biden to discuss better job training to expand manufacturing capacity and help people who have been jobless for years re-enter the workforce. They include AT&T Inc., CVS Caremark Corp., JPMorgan Chase & Co. and The … Continue reading
Disability Insurance in US / Five factors explain bulk of growth in rolls
Some 8.9 million disabled workers were collecting monthly DI benefits at the end of 2013,[1] roughly three times the 1980 figure of 2.9 million. Most of that growth stems from five, primarily demographic, factors. Population growth. The working-age population — conventionally defined as people aged 20 through 64 — grew by 43 percent between 1980 … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 