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UniCredit Bank Austria / To cut up to 850 jobs
UniCredit Bank Austria will cut up to 850 jobs in Austria as part of a plan to slash 130 million euros ($176 million) in administrative costs, it said on Thursday, blaming rising state burdens in a saturated market. Austria\’s bank levy delivers a 97 million euro annual hit and additional costs from new regulatory requirements … Continue reading
India / TCS wins 1,000 offshore jobs from British energy firm NPower
India’s largest IT service provider Tata Consultancy Services Ltd (TCS) on Thursday won a major deal to handle nearly 1,000 offshore jobs for the British energy giant NPower as part of its restructuring Continue reading
Germany / Unemployment edges up to 2.5 year high
Germany’s unemployment rate climbed in November for the fourth consecutive month, hitting its highest level since April 2011. Data from Germany’s Federal Labour Agency showed that, on a seasonally adjusted basis, 10,000 more people were out of work in November than in October. Federal Labour Agency Chairman Frank J. Way said that the key reason … Continue reading
New EI rules in Quebec / Calling on other provinces to support overhaul
The Quebec government is calling on other provinces to support its demand for immediate changes to employment insurance measures that sparked widespread protest against Ottawa last spring Continue reading
Malaysia / Construction industry faces severe shortage of workers
Construction companies say the industry is facing a severe shortage of skilled and unskilled workers as government authorities weed out illegal immigrants from the country Continue reading
US / Jobless claims fall for sixth week out of seven
The number of people filing for new unemployment benefits fell for the sixth time in seven weeks, more evidence the labor market is steadily improving Continue reading
Korea / 20% of working women quit jobs after marriage
Statistics Korea on Wednesday said a total of 1.95 million working women quit their jobs because of pregnancy, childcare and other reasons. Continue reading
Training in Canada / 91 per cent of Canadian workers say employers should pay the bill survey finds
When it comes to an up-to-date skill set, who is responsible – the employer or the employee? 91 per cent of Canadian workers hold the employer responsible for ensuring the skills and competences of employees correspond with job requirements Continue reading
UK / Npower to cut 1,400 jobs
Energy giant Npower is to cut 1,400 jobs as part of a major restructuring of its UK operations Continue reading
Post Office in UK / ‘Modernisation’ means 4,000 postmasters face compulsory redundancy says union
Responding to the government statement on funding for Post Office modernisation today (Wednesday) the Communication Workers Union explains that the reality behind the spin is that up to 4,000 postmasters will face compulsory redundancy as a result of being forced to take a cut in pay and conditions or lose their jobs. The Network Transformation … Continue reading
Social Mobility in UK / Almost three-quarters of workers who were on low pay in 2002 failed to escape
A report from the Resolution Foundation, an independent thinktank, shows that of the 4.7 million workers who were low-paid in 2002, 1.3 million (27% of the total) didn’t improve their earnings at any point during the decade and that a further 2.2 million (46%) moved in and out of low pay but had failed to escape it for good by the end of the decade Continue reading
Sears Canada / Laying off close to 800 workers
Sears Canada Inc. is laying off close to 800 employees as it reorganizes its repair services and parts business and makes cuts at head office Continue reading
Tunisia / Where are the jobs ?
Tunisia’s “Arab Spring” revolution, born out of economic despair, is failing to deliver the jobs and opportunities of a better life that its people long for, and had once expected Continue reading
US / The Minimum Wage in graphs
With all that talk about the minimum wage, we thought a little context would be useful. Here\’s a breakdown of minimum wage workers in a few key categories, along with a breakdown of all hourly workers, for comparison. Nationwide, minimum wage workers: Chosen excerpts by Job Market Monitor. Read the whole story at via Here’s Who … Continue reading
Apprenticeships and Internships in Europe / It is time to take a new approach argues Microsoft’s Afke Schaart
Developing high quality apprenticeships and internships are key to tackling Europe’s youth unemployment, argues Microsoft’s Afke Schaart. Six years on from the start of the economic crisis, unemployment remains stubbornly high in Europe. It\’s been well documented that Europe’s youth have borne the brunt of the downturn whether through lost job opportunities or serial unpaid … Continue reading
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