Job Market Monitor
In the News
UK / Thomas Cook to cut 2,500 jobs
Travel firm Thomas Cook said it would cut 2,500 jobs from its U.K. workforce and close 195 stores in Britain as part of its plans to restructure the business. The 172-year-old group has struggled over the last two years with a slump in sales leading to a string of profit warnings, forcing it to renegotiate … Continue reading
Canada and the Provinces / New voucher plan for training being weighed by Flaherty to replace agreements
Finance Minister Jim Flaherty this morning met with Canada’s largest trades union, the AFL-CIO, to discuss transferring nearly $2 billion of funding for labour training from the provinces to a voucher system for individuals ahead of the 2013 budget. The transfer was part of a broader discussion between Flaherty and Robert Blakely, the chief operating … Continue reading
Saudi Arabia / Half of firms not hiring enough nationals
Almost half of all companies in Saudi Arabia are failing to comply with rules on employment of citizens, a source at the kingdom’s Ministry of Labour was quoted as saying. Speaking to English language Arab News, the source said 48 percent of 248,828 firms based in the Gulf Arab state are currently classified in the … Continue reading
UK / Jaguar Land Rover to create 700 new jobs
Jaguar Land Rover is to invest a further £150m to double the size of its unfinished engine plant in the West Midlands, creating 700 additional jobs. The company aims to raise the eventual number of jobs on the i54 business park on the Staffordshire-Wolverhampton border to more than 1,400. The first engines are scheduled to … Continue reading
India / 14 mn jobs lost in agriculture and 5 mn in manufacturing jobs between 2005 and 2010
As many as 14.08 million jobs were lost in the five-year period ended in 2009-10 in the agriculture sector which engages almost 60 per cent of the workforce in the country. The job losses in the manufacturing sector during the five year period from 2004-05 to 2009-10 was 5.03 million as per the draft 12th … Continue reading
Filipino Household Service Workers / Recruiter stop hiring in HK putting 35,000 jobs at risk
A self-imposed moratorium by a group of Philippine-based licensed recruiters might deprive some 35,000 Filipinos of jobs as household service workers (HSWs) in Hong Kong. The Society of Hong Kong Accredited Recruiters of the Philippines Inc. (SHARP), an association of Philippine-licensed overseas employment providers, earlier announced that it will stop deploying HSWs for employers in … Continue reading
US Insurance Industry / 16,000 Jobs Open with an Aging Workforce
In a comprehensive survey of 173 insurance companies, including phone interviews with agents and brokers, third party administrators and managing general agents, GreatInsuranceJobs.com reports 16,000 open and available jobs across the nation in the insurance industry. On top of that, the survey projected an additional 23,000 more by the end of this year. The survey … Continue reading
Asia-Pacific / 67 percent of employees work from home
Sixty-seven percent of employees work from home, according to the VMware New Way of Life 2013 study that shows the use of personal technology is eliminating the boundary between separate work lives and personal lives. Findings of the study are based on a research conducted by Acorn Research across 12 Asia-Pacific countries/regions. Survey respondents are … Continue reading
US / General Dynamics: 1,400 layoffs
General Dynamics (GD.N) NASSCO, a primary constructor of ships for the U.S. Navy, warned about 1,040 employees on Monday of indefinite layoffs that may come in late April due to uncertainty created by the automatic U.S. budget cuts that took effect last week. Chosen excerpts by Job Market Monitor via General Dynamics unit, others issue … Continue reading
Toronto Star / To cut 55 jobs for the moment
Economic pressures have prompted the Toronto Star to plan staff cuts of up to five per cent and consider outsourcing the bulk of its page production work, the company announced Monday. Spokesman Bob Hepburn said the country’s largest daily newspaper is currently in discussions to transfer most of its print page design operations to Pagemasters … Continue reading
Florida / Northrop: 920 new jobs
Northrop Grumman Corp. said Monday it plans to add 920 jobs to its operations in Melbourne as part of a companywide realignment, nearly doubling the Brevard County plant’s current work force and making Florida a winner — at least for now — in the defense industry’s latest consolidation. Falls Church, Va.-based Northrop selected the Melbourne … Continue reading
EU / 1.85 million unfilled vacancies
The European Commission today published two reports analyzing the skills needed in Europe since there are 1.85 million unfilled vacancies throughout the EU. The European Vacancy Monitor and the European Job Mobility Bulletin aim to draw attention on existing vacancies in various fields in order to promote employment opportunities and boost growth. The European Job Mobility Bulletin indicates that … Continue reading
European Commission / Grand Coalition for Digital Jobs launched to address up to 900 000 job vacancies
Commission President José Manuel Barroso today called on Europe’s digital businesses, governments, training and education sectors to join a Grand Coalition for Digital Jobs to address up to 900 000 job vacancies expected to exist in Europe in Information and Communication technologies (ICT) by 2015. Despite the current levels of unemployment, the number of digital … Continue reading
The ‘Best Job In The World’ rides again
Tourism Australia is hiring again with their marketing campaign to give winning contestants the six ‘Best jobs in the world’. Chosen excerpts by Job Market Monitor via The ‘Best Job In The World’ is Back.
Talent War / Saudi Arabia Hiring Top Names in American Research
Two wealthy new Saudi research institutions focused on the kingdom’s energy future are on a hiring spree in the United States, luring away the president of Cal Tech and signing up advisors that include two influential energy market analysts, the CEO of one of Washington’s biggest think tanks and even MIT professor Ernest Moniz, President … Continue reading
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