In the News

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Atlantic Canada / 10 Apprenticeship programs being harmonized

Within the next four years, the project will harmonize 10 trades across the four provinces beginning with bricklayers, cooks, instrumentation and control technicians and construction electricians Continue reading →

Alcatel-Lucent / Scales back job cuts in France under govn’t pressure

Franco-American telecom gear group Alcatel-Lucent will cut fewer jobs in France than previously planned under moves to slash 10,000 posts worldwide in an attempt to stem losses, its chief executive told Le Monde newspaper. The French share of the cuts will now amount to less than 700, down from 900 announced last year, Michel Combes … Continue reading →

Grads in UK / Recruitment levels at a seven-year high but jobs ‘reserved for student interns’

Companies said that four-in-10 positions being advertised for graduates in 2014 would be reserved for those with previous experience – barring other final year students from applying Continue reading →

The Job Gap in US / There are about 1.18 million fewer payroll jobs than before the recession started

This doesn’t include population growth and new entrants into the workforce Continue reading →

US / The Unemployment Problem is a long-term unemployment problem

In a response to Friday’s jobs report, Jason Furman, the Chairman of the White House’s Council of Economic Advisors, included this graph that shows the share of unemployment benefits going to long-term unemployed workers (those out of work more than 27 weeks) and short-term unemployed workers. Check it out: Source: Council of Economic Advisers The … Continue reading →

Dell / To layoff up to 30% of its sales and marketing staff in Europe, the Middle East and Africa and more

The Register is hearing from two sources that Dell is making 30 per cent of its sales and marketing staff in Europe, the Middle East and Africa redundant while cutting 20 per cent of its US-based sales staffers. One source said: “Precisely 30 per cent, across EMEA.” There is no word on what’s happening on the sales … Continue reading →

Canada / Economists on the Job Report

Here’s what top economists are saying about the numbers: Derek Holt and Don Zigler, Scotiabank (Report titled ‘CDN JOBS SHOCKER) What a way to end a year and it reinforces our argument since last Fall that there should be a higher probability of a rate cut from the BoC priced into the curve alongside sharply … Continue reading →

German Catholic publishing house Weltbild-Verlag / Thousands of jobs at risk

Thousands of workers were facing job loss Friday as German Catholic publishing house Weltbild-Verlag said it would file for insolvency. “Against the company‘s expectations, it turned out yesterday that the necessary financing will not be available,” read a message from the Weltbild-Verlag on Friday. The insolvency means that the jobs of some of the publisher‘s … Continue reading →

Canada / Employment fell by 46,000 in December and Unemployment Rate rose to 7.2%

Employment fell by 46,000 in December, the result of declines in full-time work. The unemployment rate rose 0.3 percentage points to 7.2% as more people searched for work. Dampened by the decline in December, employment gains in 2013 amounted to 102,000 or 0.6%. Employment growth averaged 8,500 per month in 2013, compared with 25,900 in 2012. Chart 1 Employment Provincially, employment in December declined in Ontario and Alberta, while it increased in British … Continue reading →

US / The Unemployment Rate declined to 6.7 percent in December, but employment up by only 74,000

The unemployment rate declined from 7.0 percent to 6.7 percent in December, while total nonfarm payroll employment edged up (+74,000), the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade and wholesale trade but was down in information. Household Survey Data The number of unemployed persons declined by 490,000 to 10.4 million in December, and the … Continue reading →

Brazil / Teen pregnancy and unemployment

A report released in October by the Organization for Economic Co-operation and Development highlighted that Brazilian youths, aged between 15 and 24 years, are more likely to be unemployed than the population average Continue reading →

Work share benefits both sides, not layoffs

“Work share benefits both sides,” says Wayne Vroman, a senior fellow at the Urban Institute, a nonpartisan Washington think tank focused on economic and social policy research. “Employers get to retain skilled workers and at the same time workers aren’t getting laid off.” Continue reading →

Women, Career and Life / Reflexion on the nomination of Janet Yellen

Something very significant has just happened. It may or may not be on your radar – and if it is, you may be wondering what the appointment of 67-year-old Janet Yellen as the next chair of the US Federal Reserve, America’s central bank, has to do with you. The answer is: Janet Yellen is a … Continue reading →

US / Women in Poverty

More than 100 million Americans either live near the brink of poverty or churn in and out of it, and nearly 70 percent of these Americans are women and children Continue reading →

Italy / Unemployment at 37-year high, youth unemployment at 42 percent

Italy’s unemployment rate rose to a record high of 12.7 percent last November, revealed the National Institute of Statistics (ISTAT) on Wednesday, with some 55,000 people losing their jobs during the month. Continue reading →

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