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UK / Workers face biggest fall in living standards since Victorian era says the New Economics Foundation
More than five million people are officially classified as low paid and an increasing number of public sector workers are struggling to make ends meet, according to the New Economics Foundation (NEF) think-tank Continue reading
Florida / Are the reading and math test helping the unemployed ?
When Florida revamped its unemployment system two years ago, it demanded that people seeking benefits take an online test to identify their career strengths and weaknesses. Instead, the agency in charge of unemployment implemented a reading and math quiz. The 45-minute assessment includes questions many middle-schoolers could answer. And while it might measure your grasp … Continue reading
Ireland / 1,000 new jobs as University of Limerick expands
About 1,000 jobs are expected to be created in Limerick over the next four years in a major expansion of the University of Limerick, part funded by the European Investment Bank. An estimated 700 of the jobs will be in construction and nearly 300 will be created on the existing campus as well as at a new campus … Continue reading
Higher Education in Australia / India 2nd largest supplier of overseas students
India has emerged as the 2nd largest supplier of higher education students for Australian universities, according to latest data. The number of Indian students to undertake higher education in Australia has witnessed growth this year with total enrolments reaching over 15,800 during the period of January-October as compared to 12,062 last year. The data indicated … Continue reading
US / Low-paying jobs and the minimum-wage battle
The new attention to the struggle of the country’s lowest-paid workers reflects one of the more dissatisfying aspects of the current economic recovery. Since 2009, 54 per cent of the new jobs created in the U.S. have been low-wage positions, according to an analysis by EMSI, an employment research firm. In the ten occupations where … Continue reading
Daimler / 800 new IT-jobs inin India and Turkey
New SAP ‘Shared Service Centers’ are currently being developed in India and Turkey. Daimler IT is placing great emphasis on the skills of its own employees while expanding the facilities. In the new Shared Service Center,Daimler will create 800 new IT-jobs in Bangalore by 2015. Positive effects on IT suppliers and the IT sector in … Continue reading
(update) European aerospace company (EADS) / To cut up to 6,000 jobs
European aerospace company EADS plans to cut between 5,000 and 6,000 jobs and sell its Parisian headquarters as part of a restructuring programme it will detail later on Monday, Le Figaro newspaper reported. Two industry sources told Reuters last month that the restructuring would cost thousands of jobs but fewer than the 8,000 reported by … Continue reading
NII Holdings Inc (Nextel) / To cut 1,400 jobs
NII Holdings Inc, which provides telecom services under the Nextel brand in Latin America, said it would cut more than 1,400 jobs in its market operations and over 25 percent of its workforce at its Virginia headquarters. The company said it expected to incur employee severance costs of $25 million to $35 million, most of … Continue reading
IT Security Skills Gap in UK / A self-inflicted crisis?
Some experts, however, believe efforts to boost cyber security education ignore a more fundamental problem: the shortage is largely down to unrealistic recruitment criteria Continue reading
UK / JCB creates 2,500 jobs
JCB has unveiled plans to create 2,500 jobs by 2018 in a boost to the government’s plans to create a sustainable recovery. The earthmoving equipment maker is to build two plants – replacing its facility at Rugeley – and expand operations at its Staffordshire headquarters under a £150m scheme unveiled on Friday. Chosen excerpts by … Continue reading
Bank of Montreal (BMO) / To cut 1,000 jobs
Canada-based Bank of Montreal (BMO) has eliminated nearly 1,000 jobs during the fourth quarter of current fiscal, as part of its strategy to trim down operational cost and boost efficiency. BMO chief operating officer Frank Techar was quoted by The Canadian Press as saying, “We did see a big reduction in the head count.” “For … Continue reading
Unilever / To cut 840 marketing jobs
Unilever is planning to cut the number of marketers it employs by 12 per cent globally, about 840 jobs, as part of a company-wide efficiency drive aimed at slashing costs across the business. FMCG giant outlines plans to make division marketing “simpler, leaner, more agile”. Presenting at the FMCG giant’s investor day in London yesterday … Continue reading
Youth Unemployment in Europe
Youth unemployment has been increasing in the European Union and it is rather a sensitive topic, bearing high economic cost due to the deteriorating effect of unemployment spells on human capital, high social benefits to be paid, but also high social cost, as for example increasing crime (Bell and Blanchflower, 2010).Youth unemployment rate reached dramatically … Continue reading
France / Unemployment Rate hits 16-year high
Unemployment rate in France rose to its highest level in nearly sixteen years in the third quarter, the latest figures from the statistical office Insee revealed Thursday Continue reading
Canada Job Report / Employment up by 22,000, UR at 6.9% for the third month in a row
Employment continued on a slight upward trend for the third consecutive month, edging up 22,000 in November. The unemployment rate held steady at 6.9% for the third month in a row. So far this year, employment growth has averaged 13,400 per month, compared with an average of 25,400 over the same period in 2012. Chart 1 Employment Provincially, employment rose in Alberta and declined in … Continue reading
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