As the growth trends firm up in job market, India is set to witness highest attrition rate globally with possibility of one in four employees switching jobs in the country, a survey said on Friday. The survey conducted by global human resource and management consultancy major Hay Group also said that the concerns among the … Continue reading
Following little change the previous month, employment rose by 95,000 in May, with most of the increase in full-time work. This employment gain pushed the unemployment rate down 0.1 percentage points to 7.1%. Chart 1 Employment Compared with 12 months earlier, employment grew 1.4% or 250,000, all in full-time work. Over the same period, the total number of hours worked rose 1.1%. In May, employment increased in … Continue reading
Exclusive social media site BeautifulPeople.com is now offering its 750,000 members a way to use their looks to find employment with its new recruitment service. The company, which launched more than 10 years ago, allows members to vote on the admission of potential members based on their looks. It is now allowing any company to … Continue reading
Australian businesses are facing a war to retain their top talent and will need a more modern approach to devices, working conditions and social media to keep their workers happy. Even though the unemployment figures sits at around 5.5 per cent and new job ads have fallen to their lowest level in years, two recently … Continue reading
Total nonfarm payroll employment increased by 175,000 in May, and the unemployment rate was essentially unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, food services and drinking places, and retail trade. (JMM: The UR was 7.5 percent last month) Household Survey Data Both the number of unemployed persons, … Continue reading
Why should officials spend limited time, energy, and public funding specifically on unemployed young people, rather than on all of the unemployed? asks Daniel Gros. Does a teenager’s unemployment represent a greater loss to society than that of a single mother or an older worker, who might have been providing an entire family’s only income? … Continue reading
Rob Hart was replaced with a reporter with an iPhone, so he is documenting his new life with an iPhone, but with the eye of a photojournalist trained in storytelling. Rob Hart is a Freelance Photojournalist and Adjunct Faculty of Photojournalism at the Medill School of Journalism. via Laid off from the Sun-Times.
The finance and labour ministers of Germany, France, Italy and Spain will meet in Rome on June 14 to discuss how to tackle youth unemployment, the Italian prime minister’s office said. The issue is high on the agenda of a European Union summit taking place in Brussels on June 27-28. Chosen excerpts by Job Market … Continue reading
Women working full time, year round typically make only 77 percent of what their male counterparts make – leaving a wage gap of 23 cents on the dollar. One reason for this gap is that women are concentrated in low-wage jobs: two-thirds of minimum wage workers and workers in tipped occupations are women, disproportionately women … Continue reading
Most of third-country workers in the EU find a job in the agriculture and tourism sectors, but the labour market segmentation divides them into first and second class. The actual figures of third-country seasonal workers employed every year in the EU are very difficult to get, but according to European Commission calculations they would be around … Continue reading
An underground factory for immigrant workers to make clothes in sweatshops has been discovered under a street in Moscow. The cramped complex, which was home to about 260 migrants, contained dormitories and workshops packed with sewing machines as well as a canteen, a chicken coop, a cinema and casino. The undocumented workers were arrested during … Continue reading
SEASONALLY ADJUSTED DATA In the week ending June 1, the advance figure for seasonally adjusted initial claims was 346,000, a decrease of 11,000 from the previous week’s revised figure of 357,000. The 4-week moving average was 352,500, an increase of 4,500 from the previous week’s revised average of 348,000. Chosen excerpts by Job Market Monitor … Continue reading
At one time, many people in the Western world anticipated retiring in their 50s or 60s. Now, they are embarking on new careers at the very time that they might have previously been expected to begin a life of leisure. Increased longevity and a drive to keep contributing to society have led to what are … Continue reading
On Wednesday, Florida said it is rejecting the Labor Department’s findings, claiming they were politically motivated. As evidence, the state said that an official with the Civil Rights Center has “publicly made or endorsed politically and ideologically charged statements about her role at the Department of Labor.” Specifically, Florida cited a bio for department lawyer … Continue reading
Ireland’s unemployment rate was 13.7 percent in May, unchanged from April’s downwardly revised figure, while the number of people claiming jobless benefit inched lower, data from the Central Statistics Office showed on Thursday. Unemployment benefit claimants fell 700 to a seasonally adjusted 426,100 last month. The unemployment rate in April was revised down to 13.7 … Continue reading