Job Market Monitor
In the News
Disabled in Australia / Maybe, but fully fit to work
Hundreds of thousands of people on the disability support pension who have some capacity to work should be given the support and incentives they need to enter or re-enter the workforce Continue reading
India / A hard time to find jobs
A survey by US-based Gallup revealed respondents were more pessimist about finding jobs in India in 2012 Continue reading
Australia / 1000 Finance Jobs Are Offshored Monthly
The financial services jobs market continues to struggle as the sector loses almost 1000 jobs a month to more cost effective offshore hubs, such as Asia and New Zealand Continue reading
Best jobs in the world / And the winners are six lucky contestants
Six lucky thrill seekers have been given what Tourism Australia has dubbed the “Best Jobs in the World” – which range from “Chief Funster” to “Outback Adventurer.” Continue reading
Alberta / Teacher layoffs to come
Large numbers of layoffs seem possible. The Calgary and Edmonton public boards alone expect to lose more than 350 teachers by fall. Continue reading
US Navy / 745 Civilians Layoffs
The Navy Installations Command on Wednesday announced that it would undertake a reduction in force for 745 civilian positions Continue reading
Texas / To Drug Test Some Unemployment Applicants
With Republican Gov. Rick Perry’s signature Friday, a bill that would require some people seeking unemployment assistance in Texas to undergo drug tests has become law. But critics say it is a waste of time and taxpayer dollars. Perry signed into law Senate Bill 21, which will require applicants trying to find work in occupations where … Continue reading
Wisconsin / The Skills Gap Myth: only a few occupations may see a skills shortage in coming years find
Researchers say Wisconsin has more educated workers than jobs A second economic study shows that Wisconsin’s sluggish economy isn’t being plagued by a skills gap between job openings and job seekers. The team of researchers from UW-Madison, working on behalf of the nonpartisan Wisconsin Legislative Council, found that “only a few occupations may see a … Continue reading
US / India’s unfair trade practices are putting jobs at risk says the National Association of Manufacturers
More than a dozen U.S. business groups are banding together to resolve what they argue is a sharp rise in discriminatory trade practices by India. The National Association of Manufacturers (NAM) and the Chamber of Commerce’s Global Intellectual Property Center (GIPC) on Tuesday helped launch a new alliance that is urging the Obama administration to work toward … Continue reading
Australia / IT workers felling threatened by skilled migrants
Skilled migrants entering Australia are causing IT workers to feel threatened in their jobs, according to a new survey. Nearly 1800 IT professionals were surveyed by recruitment firm Greythorn in the first quarter of this year, and more than one third were found to feel threatened by the amount of skilled workers entering the country. … Continue reading
Carlos Slim praises older workers
Billionaire Carlos Slim, age 73, says workers—those in developed economies, anyway—are at their prime in their 60s and there is no reason for them to retire. “When you have an industrial economy like in the past where people … do a lot of physical work and people live less years, it’s OK to retire at … Continue reading
The Generation Y in Russia
The current wave of young job candidates entering the labor market are presenting unique challenges to hiring managers, experts said at a forum dedicated to human resources on Tuesday. Freedom loving, soul searching and socially conscious are some of the hallmarks of young professionals from Generation Y, an age group born in the period from the late 1970s to the mid 1990s. And they are the kinds of potential employees that can leave … Continue reading
Stora Enso Oyj / Cuts 2,500 Jobs
Stora Enso Oyj (STERV) will cut about 2,500 additional jobs, or 9 percent of its total, as Chief Executive Officer Jouko Karvinen reshapes Europe’s biggest papermaker amid shrinking markets for printed media. The reductions announced today don’t include any capacity cuts, the Helsinki-based company said in a statement today. The measures to simplify and streamline … Continue reading
Canada Job Grant / A non-starter ?
Given the alleged pervasiveness of the skills shortage and the impact it has had on local economies within Canada, one might think it wise for Ottawa and the provincial capitals to find common ground on a matter that affects them with equal adversity. Yet, the idea of establishing a national education and/or training strategy — … Continue reading
US / Hiring still depressed
Goldman Sachs economist David Mericle explains the importance of this seemingly minor indicator to Fed deliberations on monetary policy: The hiring rate is one of the key indicators for the labor market outlook. The hiring rate dropped sharply during the recession and the layoffs rate spiked. In the last couple of years, the layoffs rate … Continue reading
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