Job Market Monitor
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Iberia / Striking workers against plan to cut 3,800 jobs
Thousands of workers facing pay and job cuts at loss-making Spanish airline Iberia on Monday staged a second wave of protests that could ground nearly 1,300 flights this week. Iberia, part of International Airlines Group (ICAG.L), is battling competition from low-cost airlines and high-speed trains as well as a deep recession in Spain, where one … Continue reading
Greece / Creditors discuss public sector layoffs
Officials say talks this coming week between crash-strapped Greece and its international creditors will focus heavily on the possibility of public sector layoffs. Representatives of the creditors – the European Commission, the European Central Bank and the International Monetary Fund – held preliminary talks with Greek finance officials Sunday but reached no decisions. Three Finance … Continue reading
China / More than 95 percent of graduates from polytechnics or vocational schools have a job
The employment rate for graduates from polytechnics or vocational schools is more than 95 percent, higher than that for their college counterparts, according to a report by the Ministry of Education on middle-level vocational education. The message is such schools provide the right people with the right skills for enterprises and they meet the needs … Continue reading
India / 94% women think they have successful career
A majority of women (63%) worldwide define professional success as having the right balance between work and personal life and nearly three quarters of women (74%) believe they can ‘have it all’, according to the What Women Want @ Work study released by LinkedIn. The study reveals that 94% of Indian women surveyed in a … Continue reading
Argentina / 1.8 million foreign immigrants, mostly from neighbours
Argentina has 1.8 million foreign immigrants: mostly from neighbouring countries Immigrants in Argentine represent 4.5% of the population and 85% of them come from neighbouring South American countries according to the latest report from the International Migration Organization. The figure is an estimated 1.8 million foreigners of which 550.713 are from Paraguay; 345.272 from Bolivia; … Continue reading
Czech Republic / Trade unions want higher minimum wage
Czech trade unions would like the monthly minimum wage to go up in the country and the Labour Ministry’s proposal of a 600-crown increase is acceptable for them, CMKOS umbrella union leader Jaroslav Zavadil told Czech Television (CT) during a political discussion programme Sunday. Finance Minister Miroslav Kalousek (TOP 09) said he resolutely opposes this. … Continue reading
China / The day after the Lunar New Year, lot of young Chinese professionals quit
For increasing numbers of young Chinese professionals, the first day back at work after the Lunar New Year holiday is the day they quit. The number of new online job applicants and resumes on Zhaopin.com, a leading recruitment website, increased 36% year-on-year in the first week after the lunar New Year holiday, the company revealed … Continue reading
Lloyds Banking Group’s study claims oil and gas jobs bonanza
Oil and gas firms could create up to 34,000 jobs over the next two year, according to a study from Lloyds Banking Group. The bank said 77% of companies in the sector it surveyed were planning for growth in 2013-14. Most firms (86%) saw expansion coming from organic growth rather than from mergers and acquisition. … Continue reading
Australia / Harlem Shake Costs Miners Their Jobs
THIRTY seconds of fun has cost up to 15 miners their jobs in Western Australia. A group of workers from Barminco and Hahn Electrical Contracting were fired for their involvement in a re-enactment of the viral dance craze, the Harlem Shake. The news comes as US aviation safety authorities investigate an incident where an airline … Continue reading
India / AirAsia Hiring
AirAsia India, the new joint venture airline that AirAsia Bhd and Tata Sons Ltd propose to launch has started approaching top aviation executives in India, as it attempts to build its team ahead of a nod from the government, according to two people familiar with the matter who asked not to be identified. The fate … Continue reading
Australia / Skilled worker programme: English language requirements for certain positions are being raised
The temporary skilled work subclass 457 programme will be reformed in response to the changing needs of the Australian economy and domestic employment market, the Minister for Immigration and Citizenship has announced. Brendan O’Connor said that the 457 programme plays a vital role in ensuring that Australian businesses are able to source the skilled workers … Continue reading
US / Corporate Profits Doing Gooog, Not Workers
With the Dow Jones industrial average flirting with a record high, the split between American workers and the companies that employ them is widening and could worsen in the next few months as federal budget cuts take hold. That gulf helps explain why stock markets are thriving even as the economy is barely growing and … Continue reading
US / Wealth Inequality (Video)
Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is. via Wealth Inequality in America – YouTube.
George Achibra / 2012 Award for the Elimination of Child Labor
The warm waters of Lake Volta in eastern Ghana support local fishermen from the small town of Kete-Krachi, which is perched on the edge of the lake. If you were to stand upon the shore, you would see numerous wooden boats bobbing on the waters with two or three fishermen in each, trolling for the … Continue reading
US / Official Recession Indicators are Contracting
The chart clearly illustrates the savagery of the last recession. It was much deeper than the closest contender in this timeframe, the 1973-1975 Oil Embargo recession. While we’ve yet to set new highs, the trend has collectively been upward. But a closer look at the average shows a clear slowing of the trend in 2012. … Continue reading
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