Job Market Monitor
In the News
Detroit / There are jobs on the horizon, but workers fall short on skills
Detroit’s labor force is unprepared for the jobs that may be coming Continue reading
US / Employment increased and the unemployment rate edged down, as previous months gains
Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade. Household Survey Data Both the number of unemployed persons, at 11.5 million, and the unemployment rate, … Continue reading
US / Jobless claims drop to 5-1/2 year low
The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, touching a 5-1/2 year low, suggesting a steadily improving labor market Continue reading
House of Raeford / Turkey plant laying off 1,000
The last day of work has come for about 1,000 employees of a House of Raeford Farms turkey plant in Hoke County. The last workers start their layoff Thursday afternoon in the rural region where unemployment was 9.2 percent in June. The plant has been processing poultry since the 1950’s and some employees have worked … Continue reading
Amazon / Is the hiring spree a good news for the Middle Class ?
Amazon says the median pay for jobs inside its fulfillment centers is “30% higher than that of people who work in traditional retail stores. Amazon is paying above the industry average, it’s not paying its workers a 30% premium. Continue reading
US / Teachers for grades K-12 with less than one year of experience are the most engaged at work finds Gallup
U.S. teachers for grades K-12 with less than one year of experience are the most engaged at work, at 35.1% Continue reading
Air France / To cut 2,500 jobs in 2014
Air France is to slash around 2,500 jobs next year Continue reading
UK / Startups are closing the high-tech skills gap
Rather than waiting for the education system to catch up, tech firms are taking the initiative on training Continue reading
US / Fewer Young Adults Holding Full-Time Jobs in 2013 finds Gallup
Fewer Americans aged 18 to 29 worked full time for an employer in June 2013 (43.6%) than did so in June 2012 (47.0%) Continue reading
UK’s Skills Gap / Traditional degrees will not fill it, says CBI
The UK risks failing to close its “chronic skills gaps” by continuing to focus teenagers on the university “default route”, say business leaders. A growing demand for degree-level technical skills will not be met by traditional university courses alone, argues a CBI report. Instead more young people should take shorter or part-time degrees and advanced … Continue reading
General Dynamics / Hiring 1,400 Employees
General Dynamics started the process of employing more than one thousand Bay County residents Continue reading
Entergy / 800 Jobs Cut
Entergy Corp. said Tuesday that it plans to cut 800 jobs companywide, including about 165 in Arkansas Continue reading
Ireland / Unemployment rate down to 13.5%
Ireland’s unemployment rate retreated last month to the lowest level since April 2010 Continue reading
UK / Personal Well-being improves finds ONS
According to the latest findings from the ONS Annual Population Survey, there were small improvements in personal well-being in the UK between 2011/12 and 2012/13. Continue reading
Germany / Unemployment Falls For 2nd Month
The number of unemployed in Germany declined for a second consecutive month in July Continue reading
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