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Lockheed Martin / To Cut 4000 Jobs
Lockheed Martin (NYSE: LMT) announced today that it will close and consolidate several of its U.S. facilities and reduce its workforce by 4,000 positions Continue reading
Liepajas Metalurgs / To cut 1,500 jobs
Up to 1,500 workers at one of Latvia\’s biggest companies will be laid off this month, reports LETA. Officials at Liepajas Metalurgs, a metallurgical company, made the announcement on Wednesday, Nov. 13. It follows after an insolvency case was launched against the financially troubled company. ”No more than 300 essential employees are expected to remain … Continue reading
UK / Jobless rate falls to three-year low
The unemployment rate fell to 7.6%, the lowest rate in more than three years. Continue reading
Childhood bullying victims in UK / Earn less and are more unemployed
Victims of bullying earned 2.1% less than the average wage, are 3.3% less likely to be in employment, and are 4.1% less likely to be participating in the labour market research finds Continue reading
Newsrooms in US / The ranks of photographers, artists and videographers have been trimmed by nearly half since 2000
The ranks of photographers, artists and videographers have been trimmed by 43% —from 6,171 in 2000 to 3,493 in 2012, according to ASNE. Continue reading
Yellow Media / To cut 10 percent of workforce
Canadian telephone directory publisher Yellow Media Ltd said it will cut 10 percent (about 300 positions) of its workforce as it sharpens its focus on its digital business. Continue reading
US Aerospace Industry / The silver tsunami (the aging of population) will hit
The so-called silver tsunami — the aging of the country’s population — will hit the aerospace industry especially hard. It received an influx of workers in the Apollo era, when the country’s space program was shooting for the moon and generating buzz. Cuts to that program in the mid- to late-1970s and 1980s, plus the … Continue reading
Australia / From vocational education to university: it depends
A report found this was not because such courses were inappropriate for vocational graduates but because they were dominated by universities that did not embrace them Continue reading
US Recent Veterans / A Struggle With Unemployment
The most recent detailed report on veterans’ employment situation noted that younger vets had higher unemployment rates than their counterparts who had never served in the military. Continue reading
Gulf Arabs states / One-Million Jobs Gap IMF says
One million nationals of oil-rich Gulf Arabs states may be jobless or seeking careers in a bloated public sector by 2018 unless measures are taken to create more private sector jobs, the International Monetary Fund said Continue reading
Skills Gap in Boston / Restaurant jobs are going unfilled
“It’s surprising that we see these unemployment numbers and still aren’t getting enough applicants,” says Shang Skipper Continue reading
Reshoring in US / How Walmart says it will do
In January 2013 at the National Retail Federation’s annual convention Bill Simon, President, Walmart US, promised to bring back manufacturing to the United States. He promised that in 10 years $50 billion in goods would again be produced in the United States. Continue reading
US / International students supported 313,000 jobs in the 2012-2013 academic year
International students in the United States and their families supported 313,000 jobs and contributed US$24 billion to the economy in the 2012-2013 academic year according to the latest estimates by NAFSA: Association of International Educators Continue reading
US / More prisoners than high school teachers
If sitting in a prison cell was a job, it would be one of the most common jobs in the United States. In 2012, there were some 1,570,000 inmates in state and federal prisons in the U.S., according to data from the Justice Department. By contrast, there were about 1,530,000 engineers in America last year, … Continue reading
Young in Europe / The most educated generation ever
A youth unemployment conference with European heads-of-state to be held in Paris on November 12 and debated at a major youth forum in Strasbourg in May 2014 Continue reading
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