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Volvo / 1,000 new layoffs for 2013
Volvo Car Corporation announced on Wednesday it would cut about 1,000 jobs and slash $237 million in costs by the end of this year. The Swedish automaker wants to reverse recent losses caused by weak sales in Europe. Volvo CEO Hakan Samuelsson told Swedish public television SVT that 1,000 consultants and white-collar workers would need … Continue reading
Arab Spring Crisis / About lack of jobs says World Bank Chief
In an interview with RT the World Bank Group President, Jim Yong Kim touched on some key global problems: ending poverty and increasing the private economic sector, fighting global warming and ending the political crisis in Mali. *-* RT:So you are continuing the WB’s mission to fight world poverty, it’s actually a policy that has … Continue reading
US / Unemployment Rate for veterans between 18 and 24 exceeded 20 percent last year
Two months after completing his five-plus years as an Army medic, Dan Huber is still looking for a job. And while he’s had some promising interviews, he has no assurances the search will end soon. That’s given him some insight that he shares with some of his buddies back at Fort Polk in Louisiana: Don’t … Continue reading
UK / Unemployment falls to 2.5m
UK unemployment fell in the three months to December, while the number of people in work jumped to a new record. The jobless total fell by 14,000 between October and December to 2.5 million, the Office for National Statistics (ONS) said. The number in work rose by 154,000 to 29.7 million. More than 580,000 more … Continue reading
BAE Systems / Layoff Notices to 1,368 workers
The 1,368 BAE Systems workers who repair and upgrade warships in San Diego have been notified that they’re at risk of being laid off because Congress hasn’t passed a new budget. Lawmakers approved a so-called continuing resolution last year that has kept government going. But it expires on March 27, threatening funding for everything from … Continue reading
Apple / Foxconn places hiring freeze
One of Apple Inc’s major suppliers, Taiwan-based Foxconn Technology Group, said on Wednesday it has placed a hiring freeze on its largest plant in Shenzhen. Foxconn spokesman Louis Woo said the company is not hiring at the facility, citing the high rate of workers returning to the plant after celebrating the Chinese New Year. Woo … Continue reading
Latvia / The third lowest minimum wage in EU
Latvia has the third lowest minimum wage in the European Union (EU). Only Bulgaria and Romania have smaller minimum wages, according to data by the EU statistical bureau Eurostat, writes LETA. Lithuaniahas the fourth lowest minimum wage in the EU 289.62 euros, while Estonia’s minimum wage is sixth lowest –320 euros. Eurostatdata reveals that Latvia’s … Continue reading
UK / 1 in 7 employees in work at the start of the recession have been made redundant
We get the latest official snapshot of the UK jobs market today. Whatever the figures show they can’t disguise the hard time many people are having, exemplified by yesterday’s news that 1,700 jobseekers applied for eight jobs on offer at a branch of Costa Coffee in Nottingham. The pain felt in recent years is also … Continue reading
India / Millions of India’s workers walked off their jobs against “anti-labour” policies
Millions of India’s workers walked off their jobs on Wednesday in a two-day nationwide strike called by trade unions to protest at the “anti-labour” policies of the embattled government. Financial services and transport were hit by the strike called by 11 major workers’ groups to protest at a series of pro-market economic reforms announced by … Continue reading
Sweden / 20 percent of ‘immigrants’ in 2012 were Swedes returning home
Last year, 103,059 people moved to Sweden, taking the country’s population to 9,555,893 by the year’s end, wrote Statistics Sweden (SCB) on Wednesday. The total population increase, however, was 73,038 as almost 52,000 people at the same time decided to leave Sweden. Of these emigrants, 69 percent were people who had at some point immigrated … Continue reading
US / Nanosolar / 75% of staff laid off
While few manufacturers are profitable in today’s photovoltaic market, U.S.-based Nanosolar has had a particularly tough ride in taking its technology to scale. The Silicon Beat website reported the news yesterday, that as much of 75% of Nanosolar’s staff were laid off on Friday, February 15. The source of the report was an anonymous employee … Continue reading
HMV / 464 Jobs cut due to 37 stores closure
Troubled entertainment retailer HMV is to close another 37 stores with the loss of 464 more jobs, according to the administrators. Joint administrator Nick Edwards said: “As part of our ongoing review of HMV’s financial position, we have undertaken a further review of the store portfolio and have identified an additional 37 stores for closure. … Continue reading
The Demography of Largest Countries 2010–50 in a Figure
Source: THE UNITED STATES AFTER THE GREAT RECESSION: THE CHALLENGE OF SUSTAINABLE GROWTH
UK Parliament / Flexible Working
The Children and Families Bill would provide new entitlements for employees relating to the right to request flexible working. Provisions include, but are not limited to: Clauses 101-102 make changes to the circumstances in which an employee can make a request for flexible working, and to the procedure which employers must follow on receipt of … Continue reading
UK / An explosion in poverty-related hunger
An explosion in poverty-related hunger in Britain is putting the government in danger of failing to meet its international human rights obligations to its most vulnerable citizens, charities have warned. The UK is a signatory to a UN economic and social rights convention that sets out minimum standards of access to food, clothing and housing. … Continue reading
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