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In the News
Bangladesh / A raise in minimum wage ?
Bangladesh’s garment factory owners are pencilling in a minimum wage increase of about 50 to 80 percent and will ask retailers to pay more to defray the cost, as the government tries to end a wave of strikes that hit nearly a fifth of workshops last month. The world’s second largest clothing exporter hopes to … Continue reading
NEETs in US / 15 Percent Of American Youth Out Of School And Work, Study Finds
Almost 6 million young people are neither in school nor working, according to a study by The Opportunity Nation coalition Continue reading
UK / Shouldn’t waste the potential of so many of its citizens writes The Guardian
Recent research on adult skill levels in 24 rich nations sparked a rush of headlines on the inadequacy of our education system. England came 15th in literacy and 17th in numeracy in the global league table, based on a study by the Organisation for Economic Co-operation and Development (OECD). The report also revealed that people … Continue reading
Canada / The Top-10 Entrepreneurial Cities
Saskatoon and the communities surrounding Calgary (Greater Calgary) are once again the best large Canadian communities in which to run a business, according to the 2013 Communities in Boom report from the Canadian Federation of Independent Business (CFIB). On this first day of Canada’s Small Business Week, CFIB recognizes those communities that truly embrace entrepreneurship … Continue reading
Immigrants in Toronto / Many newcomers survive by participating in parallel economic activities research finds
Shadow Economies: Economic Survival Strategies Of Toronto Immigrant Communities documents the realities of many immigrants who are stymied at the edge of the economic mainstream. The research conducted by the Toronto East Local Immigration Partnership and funded by the Wellesley Institute shows that many newcomers survive by participating in parallel economic activities, often facing exploitation … Continue reading
US / Total nonfarm payroll employment rose by only 148,000, before government shutdown
The BLS notes that ‘Over the year, the labor force participation rate has declined by 0.4 percentage point, while the employment-population ratio has changed little’. Those are not good news. Continue reading
Canada / No ‘hard underlying facts supporting’ labour shortages says TD
“From an economy-wide perspective, it is hard to make the case that widespread labour shortages currently exist” says TD Continue reading
Canada / Close to half of full-time college and university students are working
An overwhelming 96 per cent of postsecondary students hold jobs in the service sector Continue reading
US Gender Gap / Only two occupations in which women earn more: counsellors and medical technologists
The gender wage gap is alive and well, according to the latest data from the Bureau of Labor Statistics. Out of more than 500 job categories tracked by the BLS, there are only two occupations in which women brought home greater median weekly pay than men in 2012: counselors and health practitioner support technologists and technicians. Both … Continue reading
Turkey / Reverse brain drain accelerates minister says
The number of Turkish researchers living abroad who applied to the science scholarship program to return to the country keeps rising, Technology Minister Nihat Ergün has said. The Scientific and Technical Research Council of Turkey (TÜBİTAK) launched a research fellowship program targeting Turks living abroad to entice them back home. Ergün said 117 researchers applied … Continue reading
Cleveland / The metro area that lost the most jobs in US for 4 months in a row
Four straight months and counting: Greater Cleveland yet again lost more jobs than any metro area in the country, the Labor Department reported Monday. In fact, the Cleveland-Elyria-Mentor metro area was the only one of the 37 large metro areas posting a decrease in employment between August 2012 and August 2013. Greater Cleveland lost 7,900 … Continue reading
Crowding out younger workers ? / Older workers do not squeeze out younger employees research finds
Despite popular belief and media reports, there\’s no evidence that older workers who stay on the job longer squeeze out opportunities for younger employees. That\’s the conclusion of a comprehensive analysis and paper prepared by the Center for Retirement Research (CRR) at Boston College. While there might be some instances of older employees crowding out … Continue reading
Rio Tinto / To outsource 700-800 jobs
Rio Tinto Ltd is expected to cut between 700 and 800 jobs globally as a result of a back-office outsourcing deal with IBM, according to The Australian Financial Review Continue reading
Canada’s Skills Gap / 88% of respondents ready to acquire new skills and 38% ready to relocate Hays finds
Canadian workers are beginning to respond to Canada’s well-known and continually growing talent shortage and skills mismatch by retraining themselves for in-demands jobs Continue reading
Swedes in German Apprenticeship / Students will be offered German language training in Sweden
“One of our problems last year was not that many Swedish students speak German,” Maja Erlbacher, an advisor with the European Employment Agency (EURES) Continue reading
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