Job Market Monitor
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Unemployment in the Arab World
“For decades, these countries actually did a pretty good job of getting education for younger people, of advancing them into secondary education. Tunisia, Egypt, Jordan, these are places where people were able to get college degrees, and now they’re facing two problems. “One is just the overall economic backdrop is miserable. When you have this … Continue reading
Europe / Carmakers warn of more layoffs
European carmakers need to close more factories and cut more jobs, executives at the Frankfurt car show said on Tuesday, warning any recovery in demand was likely to be long and slow as unemployment remained high and bank lending weak. Continue reading
Canada / Hiring Plans Remain at 3-Year Low according to Manpower
Canadian employers’ hiring plans held at the lowest level in three years on reduced optimism in the mining and education industries, according to a survey by Manpower Inc Continue reading
US / Federal hiring declines to six-year low
With fiscal pressures continuing to force spending cuts, government agencies made fewer than 90,000 new hires last year, the smallest number in six years and a 37 percent drop since 2009, federal data show. The government hired 89,689 new employees in 2012, many of whom eventually will move into leadership positions at their agencies. They … Continue reading
US / Majority of Workers Say Job Doesn’t Require a Degree
43%, say the type of work they do generally requires a bachelor’s or a more advanced degree Continue reading
Canada / 3-year freeze on EI premiums
Finance Minister Jim Flaherty announced a three year-freeze on employment insurance premiums for employers and employees on Monday as a way to support small and medium-size businesses and working Canadians. “We are able to do this because of the falling unemployment rate — more people are working, fewer people are claiming employment insurance benefits and … Continue reading
Alberta / McDonald’s hiring 500 full-time, part-time and manager positions
Fast food chain McDonald’s is going on another hiring blitz. On Friday, it’s holding its second consecutive West Hiring Day, looking to fill nearly 500 full-time, part-time and manager positions across Alberta, 116 of which are in Calgary. West Hiring Day is a one-day hiring event held at participating restaurants in British Columbia, Alberta, Saskatchewan … Continue reading
US / LinkedIn CEO Jeff Weiner on Fixing the skills gap
The U.S. faces a “widening skills gap,” LinkedIn CEO Jeff Weiner said during a fireside chat at the TechCrunch Disrupt conference in San Francisco. Our unemployment rate is sitting at 7.5 percent, while we have 3.8 million jobs available. The fix? Education and immigration reform. Weiner lauded the work of websites like the Khan Academy … Continue reading
BC’s Liquefied Natural Gas / Union leaders join Premier to train thousands workers
Some of British Columbia’s most powerful labour leaders are pledging to work with Premier Christy Clark’s Liberal government and the energy industry to help thousands of B.C. workers land jobs in what could be the province’s multi-billion-dollar liquefied natural gas industry. B.C. Federation of Labour President Jim Sinclair and B.C. Building Trades Council executive director … Continue reading
Jaguar / To create 1,700 new jobs in UK
Jaguar Land Rover has announced a substantial new investment in Britain and the creation of 1,700 jobs. The Indian-owned company plans to invest 1.5 billion pounds ($2.3 billion) to produce an advanced new car manufactures out of aluminum. The announcement was made Tuesday at the Frankfurt Motor Show in Germany. Chosen excerpts by Job Market … Continue reading
Telecoms / The jobs market is ‘strong’ says Manpower
Continuing activity in the cable, broadband and television markets has led to a another positive jobs market in the telecoms sector, according to recruitment and services company Manpower. Demand for telecoms jobs in the current quarter sees six percent more telecoms firms hiring rather than reducing staff, says Manpower. This is in line with the … Continue reading
Bank of America / To lay off thousands in mortgage business
Layoffs at Bank of America Corp’s mortgage business will amount to about 2,100 positions, a source told Reuters on Monday, in response to weak refinancing activity. The downsizing reflects the second-largest U.S. bank’s “ongoing efforts to streamline our facilities and align our cost structure with market realities,” Bank of America said in a statement in … Continue reading
Canada / Retailers welcome freeze on employment insurance premium rates
Retail Council of Canada (RCC) fully supports the Government’s announcement today of a three-year freeze of Employment Insurance (EI) premium rates Continue reading
Germany / Lack of skilled workers ‘is costing SMBs billions’
The increasing shortage of skilled workers is costing Germany’s small and medium-sized businesses (SMBs) billions of euros, a study claims Continue reading
Job Search / Beautiful women get more callbacks for job interviews, study says
Life really is easier for attractive people. They make more money, get promoted faster, and many times are simply more successful. And according to a new study, they have a much easier time job hunting. Italian researchers sent more than 10,000 resumes out, using the same one and changing only first-name, last-name, address, and the … Continue reading
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