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Australia / Seven out of eight teaching graduates have failed to secure a permanent job
SEVEN out of eight teaching graduates have failed to secure a permanent job with Queensland’s Education Department. As teachers get ready to go back to school, their union warns this year will be one of the worst to attain a job in state schools. Almost 16,000 teaching applicants are seeking employment with the Department of … Continue reading
State Street Plans to cut 630 Jobs
State Street (STT) logged a stronger-than-expected 23% jump in fourth-quarter profits on Friday thanks to higher fees, but the custody bank also disclosed plans to slash more than 600 jobs around the world. Choosen excerpts by Job Market Monitor from via State Street Grows 4Q Net 23%, Reveals Plans to Axe 630 Jobs | Fox … Continue reading
Tulsa / Verizon to add 500 jobs
Verizon will soon add a financial services hub to its Cherokee Industrial Park facility, a move that will add 500 jobs to the area. The announcement was made Friday morning, and scheduled to include an appearance by Gov. Mary Fallin. When complete, Verizon’s financial services hub will handle accounts payable, accounting and other financial activities. … Continue reading
Sweden / One in four compagnies planning layoffs
A gloomy outlook for Europe and Sweden was the main reason behind almost 25 percent of companies stating that job cuts were high on the list of cost saving measures this year. This is an increase of more than 30 percentage points compared to a similar survey from last year. The report was produced by … Continue reading
Sanford, NC / Pfizer: 400 layoffs
Pfizer Inc. confirmed layoffs at its Sanford plant this week, continuing the company’s plan to cut 400 positions locally by 2015. Pfizer spokesperson Joan Campion wouldn’t confirm the number of people laid off at the Sanford site, located at 4300 Oak Park Road, but said Thursday that fewer than 40 of the plant’s 650 employees … Continue reading
Canada / Employment Insurance / Edged down 4,500 (-0.8%) to 528,000 in November
Following little change in October, the number of people receiving regular Employment Insurance (EI) benefits in November edged down 4,500 (-0.8%) to 528,000. The number of beneficiaries decreased slightly in Nova Scotia, British Columbia, Ontario and Quebec. At the same time, there were slight increases in Alberta, Saskatchewan and Newfoundland and Labrador. There was virtually no change in … Continue reading
United Paper Mills-Kymmene, Europe’s second largest paper firm, to cut 860 jobs
Europe’s second largest paper production firm intends to cut 860 jobs worldwide after the eurozone crisis reduced the demand for paper. The struggling European economy has affected the use and need for paper, the Finland-based UPM (United Paper Mills)-Kymmene said on Thursday. The supply of graphic papers has significantly outweighed the demand in Europe. “The … Continue reading
California / Asian replacing Latinos as the primary source of immigrants
The face of new Californians – once predominantly Latino – is increasingly Asian American, census data show. A seismic shift in immigration has occurred in California over the last decade, with Asia replacing Latin America as the primary source of the state’s immigrants. “This is a pretty astounding change over a short period of time,” … Continue reading
Rhode Island / Electric Boat to add 600 jobs
The president of General Dynamics subsidiary Electric Boat says the company intends to hire 600 more workers at its Quonset Point shipyard in Rhode Island during the next three years. According to The Providence Journal , Electric Boat President Kevin Poitras told public officials in Warwick yesterday that the company plans to add up to … Continue reading
US / Private schools / Students help pay their tuition by working one day a week
A Catholic high school in Chicago ensured its financial survival by having students help pay their tuition by working one day a week in clerical jobs at downtown offices. This was a new idea in U.S. secondary education. New ideas are not necessarily a good thing, because they often fail. But the creator of Cristo … Continue reading
US / Unemployment Benefits / New data are reassuring as jobless claims fall to 5-year low
Tow weeks ago, Two out of three employment-related reports were positive and only 28,000 persons were saying they have a job in the latest monthly labor market report. Last week claims data reflected those weaknesses, but new data are reassuring. SEASONALLY ADJUSTED DATA In the week ending January 12, the advance figure for seasonally adjusted initial claims was 335,000, a decrease … Continue reading
Germany / Deutsche Telekom would cut 1 200
Germany’s Deutsche Telekom has been reported to be planning more job cuts in addition to those already announced a while ago. According to a newspaper, layoffs will primarily affect its overhead segment. Deutsche Telekom of Germany on Thursday was reported to be preparing more job cuts domestically over the next couple of months. The business … Continue reading
Finland / Nokia cuts 300 IT jobs and outsources 820 jobs in India
Nokia Corp. NOK -1.51% Thursday announced more job cuts in Finland as part of a move to outsource its information technology operations to Indian suppliers. Nokia said it would outsource some of its IT operations to two Indian IT suppliers, HCL Technologies Ltd. and TATA Consultancy Services Ltd. , India’s largest software exporter. As part … Continue reading
Kentucky / Gap cuts 350 jobs at distribution centers
Gap Inc. plans to close two facilities in Northern Kentucky as part of a move to streamline the distribution system for the San Francisco-based retailer, according to the Cincinnati Business Courier. The move will impact about 350 workers. Choosen excerpts by Job Market Monitor from via Gap to close distribution centers, cut 350 jobs – … Continue reading
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