Job Market Monitor
In the News
Afghanistan / 82 percent of Afghans are illiterate
Most Afghans cannot find permanent work, and even temporary work is drying up as international aid money Continue reading
Boston Scientific / To cut up to1,500 jobs
Boston Scientific Corp. is planning to cut 1,100 to 1,500 jobs through 2015 Continue reading
India’s Mobile Economy / 730,000 direct jobs and an additional two million jobs in sale and distributors
GSMA is the global association for mobile companies. It came out with an India specific report “Mobile Economy India 2013″ Continue reading
Millennials in US / The plight of unemployed young people
Currently, over 2 million of those 20-24-years-old are unemployed, with an unemployment rate of 12.9%. For the older half of millennials 25-34, the rate is 7.4% with 2.5 million unemployed Continue reading
US / Government shutdown costs 120,000 jobs in October says President’s chief economic adviser s
The partial government shutdown this month trimmed 0.25 percentage point from fourth-quarter economic growth and cost the U.S. 120,000 jobs in October, President Barack Obama’s chief economic adviser said. An analysis of daily and weekly economic data through Oct. 12 showed weakness in such areas as retail sales, economic confidence and mortgage applications, some of … Continue reading
Caterpillar / Has cut more than 13,000 jobs over the past year
“We’re looking at mining continuing to falter into 2014” says Caterpillar’s Chairman and Chief Executive Continue reading
US Social Security / The real retirement age is 70
ue to increases in Social Security’s Delayed Retirement Credit, the effective retirement age is now 70, with monthly benefits reduced for earlier claiming Continue reading
Youth in US / Saying ‘no’ to the worforce
A job used to be the next step after a diploma. But now, young people aren’t in any rush to start working Continue reading
European Unemployment Insurance / Where is it going?
The concept of such an insurance could help countries in crisis as it would absorb some of the costs of a sudden and deep recession Continue reading
Taiwan / From ‘aging’ to ‘aged’
Official statistics showing an increase in Taiwan’s 65-and-over population indicate that the nation is on course to go from being an “aging society” to an “aged society” Continue reading
Childhood Poverty / The long-term effect of stress on brain
Long-term exposure to chronic stress is likely to cause wear and tear in children’s physical and psychological systems for coping with stress over time Continue reading
Poland / A country of cheap labour ?
That was the perception of a majority of CEOs of multinational corporations who were asked in a recent survey Continue reading
Finland / Immigrants integrate over time but Differences among groups are great report says
The reports suggests that the longer an immigrant has been in Finland, the closer his or her living conditions are to those of the native population Continue reading
Germany / Record employment this year and next according to Economy Minister Philipp Roesler
Germany said Wednesday its robust economy would fuel record employment this year and next as well as boost consumer spending and industrial investment Continue reading
IT Workers / 35 percent plan to look for another job in the next year survey finds
It’s challenging to find great information technology (IT) employees, but keeping them may be even harder, new research from Robert Half Technology suggests. Although most Chief Information Officers (CIOs) recently surveyed (70 percent) rate their workers’ satisfaction levels fairly high, more than one-third (35 percent) of IT workers polled said they plan to look for … Continue reading
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