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Canada / Employment decreased slightly and unemployment rate down 0.1 percentage points to 7.0% but …
Following two months of gains, employment decreased slightly in January (-22,000). A decline in the number of people looking for work pushed the unemployment rate down 0.1 percentage points to 7.0%. Chart 1 Employment Compared with 12 months earlier, employment increased by 1.6% or 286,000, all in full-time work. Over the same period, the total number of hours worked rose 1.7%. In January, employment declined … Continue reading
US / The number of Americans with marathon commutes is on the rise
The number of Americans with marathon commutes is on the rise, particularly following a debilitating recession that has pummeled employment and the housing sector, a recent report on the nation’s “super commuting” trend finds. “What’s really driving this is the economy,” says Mitchell Moss, director of New York University’s Rudin Center for Transportation and co-author … Continue reading
Solving youth unemployment – A winning essay
Max Kirby, who says there’s never been a better time to be young, has won £10,000 for penning his thoughts on ways to reduce unemployment. Here is his winning essay. One in five young adults in Britain is unemployed, more than twice the rate for the workforce as a whole. And (temporarily, I hope) I … Continue reading
US / Born children of immigrants are substantially better off than immigrants themselves
Second-generation Americans—the 20 million adult U.S.-born children of immigrants—are substantially better off than immigrants themselves on key measures of socioeconomic attainment, according to a new Pew Research Center analysis of U.S. Census Bureau data. They have higher incomes; more are college graduates and homeowners; and fewer live in poverty. In all of these measures, their … Continue reading
EU / Youth Unemployment / A ‘lost generation’ fund
European Union leaders are expected to set aside more than 5 billion euros from the EU budget to tackle the bloc’s soaring and costly youth unemployment when they meet for a summit in Brussels on Thursday. The aim is to get to grips with the debilitating unemployment caused by the region’s debt and economic crisis. … Continue reading
Arab region / Youth unemployment highest in the world
Youth unemployment in the Arab region is the highest in the world, according to a report by the U.N. International Labour Organization (ILO) released on Tuesday. The investigative body stated that the Arab uprisings have exposed skewed development policies, social justice deficits and over twenty years of poorly managed economic liberalization. “As a region, youth … Continue reading
India / Unemployable engineers on menial jobs
Seven years ago Raja Kumar, a butcher, did not think twice about mortgaging his land to fund his son’s engineering education. Little did he know that his son Senthil Kumar would pass out four years later learning less than enough to get a job suitable to his level of education. After searching for a job … Continue reading
Fujitsu / To Cut 5,000 Jobs
Fujitsu Ltd., a Japanese maker of computers, network equipment and mobile phones, will eliminate 5,000 jobs and merge its LSI chip business with that of Panasonic Corp. to boost global competitiveness. The venture will design large-scale integration, or LSI chips, and contract out their manufacture, according to a joint statement the companies released yesterday. The … Continue reading
Indonesia / Minimum Wage / 80 percent of Companies request for exemption accepted
Hundreds of companies will be exempt from paying their employees the new minimum wage to prevent bankruptcy, the manpower and transmigration minister said on Thursday. “There are 941 companies requesting the delay of the minimum wage increase, we will grant about 80 percent of them, but please note that the delay was needed as a … Continue reading
US / Academic Library / Hiring
If you do the math, academic librarianship is a growing field. Therese Triumph, Reference Librarian at Rutgers University, and Penny Beile, Associate Director of Information Services at University of Central Florida, did just that, analyzing positions advertised in 2011 on the ALA JobList, ARL Job Announcements, and in the Chronicle of Higher Education. Triumph and … Continue reading
Russia / A Village of Art and Jobs
Quirky art configurations dot a vast, snowy plain: a giant silver cylinder curves upwards into the sky, a wooden ship tosses on an icy sea and long-winged insects cling to a pole. In some ways, the Russian village of Nikola-Lenivets in December looks like Burning Man’s creativity was copied and pasted onto the tundra. The … Continue reading
Canada/ Trade Deal with EU Bad for Manitoba writes the Canadian Centre for Policy Alternatives
Recent leaks from the negotiations between Canada and EU confirm concerns that a comprehensive economic and trade agreement (CETA) would infringe on Manitoba’s ability to promote economic development and advance public interests. The proposed precedent-setting agreement would expand investor rights and extend the reach of international economic agreements, fully covering for the first time the … Continue reading
India / Railway Protection Force (RPF) to start hiring 18,000 policemen
Almost a decade after an internal survey conducted by the Railway Protection Force (RPF) showed that it would require at least 24,000 policemen in its jurisdiction, the nationwide recruitment for 18,000 will begin in June. At present, the force has around 65,000 personnel. However, a senior railway official pointed out that the whole exercise is … Continue reading
HMV / 930 layoffs as 66 stores close
Almost 1,000 HMV staff are facing redundancy as administrators for the failed music store chain revealed they will close 66 shops across the country. The loss-making stores, including all five Edinburgh sites, three in Glasgow and four in London, will close over the next two months and comes as administrators from Deloittes plan to sell … Continue reading
J.C. Penney / Layoffs at headquarters to come
J.C. Penney (JCP) is planning layoffs at its headquarters in Plano, Texas, according to reports Wednesday. The expected layoffs were first reported by the New York Post, which said chief executive Ron Johnson plans a 10% cut of the 3,000 employees who work at the home office. J.C. Penney already let go 600 workers in … Continue reading
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