In the News

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Australia / Boral cuts 700 jobs

BUILDING products maker Boral will shed 700 jobs as part of a major restructure aimed at helping it weather the effects of Australia’s gloomy housing market. The cuts are the result of a 100-day review by new chief executive Michael Kane, who said most of the job losses would be among management ranks and back … Continue reading →

UE / Proposals for companies to help those worse affected by redundancies into new jobs approved

European MPs have approved “daft” proposals for companies to help those worse affected by redundancies into new jobs, in a move that will intensify tension between the EU and Britain over unnecessary red tape. The European Parliament report, drawn up by Spanish socialist MEP Alejandro Cercas, calls for new rules requiring any single company with … Continue reading →

Dominican Republic / 100,000 skilled workers needed in tourism

Santo Domingo.-  Dominican Republic’s tourism sector needs as many as 100,000 skilled workers, for which the hoteliers and tourism businesses grouped in Asonahores call a great contribution the planned training center, to be sponsored by the Avignon Hotel School. Asonahores vice president Arturo Villanueva said the hotel trade and pastry school will be built in … Continue reading →

India / State minorities development minister: ‘Give minorities priority in government jobs’

State minorities development minister Naseem Khan on Monday asked officials to give priority to people from the minority communities for government and semi-government jobs. Observing that the representation of the minorities in such jobs continued to be low, Khan said that instructions to give jobs to minorities on priority had been issued to the state … Continue reading →

Bulgaria / Layoffs at Military Plant: 700-800 employees will have to go

Hundreds of workers at Bulgaria’s State-owned arms manufacturer VMZ Sopot must be laid-off in order for the company to be privatized, Bulgarian Prime Minister, Boyko Borisov, says. According to Borisov, cited by Darik radio, 700-800 employees will have to go because no potential buyer will want to acquire the plant with the current 3 200 ones. … Continue reading →

UK / Training Older Workers / 92% of employers don’t invest in training of over 60

A recent poll of UK CEOs has uncovered a worrying neglected generation of older workers. This new research, commissioned by Skillsoft, reveals that 92% of UK business leaders openly admit they don’t invest in training and development for employees over the age of 60. With many employees now choosing to work past the traditional retirement … Continue reading →

South Africa / Amplats shafts closure could lead to the loss of almost 14,000 jobs

Anglo American Platinum has said it will cease production at four mine shafts in the Rustenburg region of South Africa, which could lead to the loss of almost 14,000 jobs. The world’s biggest platinum producer said lower demand for the precious metal and higher costs meant the shafts were unprofitable. Amplats said it proposed to … Continue reading →

New Mexico / 7 000 apply for 200 retail jobs at Traget

In the last three days alone, thousands of people have applied for 200 new jobs at Target in Albuquerque, New Mexico, even though candidates only have 2.8 percent chance at getting a job. With long lines wrapping around the Marriott Upton building in Northeast Albuquerque, each candidate was competing with 7,000 others to get a … Continue reading →

HMV / 4,500 jobs at risk

The chief executive of HMV, Trevor Moore, has given an impassioned defence of the chain, which will formally slide into administration on Tuesday, insisting it still deserves a place on Britain’s high streets. “Ian [Kenyon, HMV’s finance director] and I are really passionate about working with the business,” said Moore, the former Jessops boss who … Continue reading →

France / Renault to cut 7,500 posts by 2016

Renault (RENA.PA) wants to cut 7,500 posts in France by 2016 to help boost competitiveness as its domestic and European markets continue to slump, a spokeswoman for the French carmaker said. The cuts, equivalent to 14 percent of French Renault staff, are expected to include 5,700 departures through natural turnover, the spokeswoman said on Tuesday, … Continue reading →

US / 75 and older still working has skyrocketed by 76.7%

The number of workers who are 75 and older has skyrocketed by 76.7% in the past two decades, according to research by the AARP Public Policy Institute. “We are living longer, healthier lives,” says Kerry Hannon, author of Great Jobs for Everyone 50+. “And the types of work that people do is not as labor … Continue reading →

Fed’s Rosengren: unemployment is well above a longer-run sustainable rate

Aggressive policy easing will remain necessary for the simple reason that levels of both U.S. unemployment and inflation are not where the Federal Reserve wants them to be, a top U.S. central bank official said on Tuesday. In a textbook argument that appeared to push back at some of his more hawkish peers, Boston Fed … Continue reading →

Germany / Air Berlin: 900 job cut

Germany’s second-largest carrier, Air Berlin, has said it would cut about one-tenth of its workforce to become profitable again. The airline is in the middle of a restructuring program to reduce overall costs. Germany’s Air Berlin announced on Tuesday it would cut 900 jobs by the end of 2014 to help make the struggling carrier … Continue reading →

Namibia / Starts Her Own Business and Quits Job Search

For years Apollonia Jakundeni Ndjukuma criss-crossed the country hunting for employment opportunities, wherever she could. After many years of searching her hopes of ever finding employment were starting to falter. However, when she looked at how much she had already sacrificed in order to land a job, she vowed to herself never to give up … Continue reading →

Australia / PhDs Graduates struggle to find employment in their field

A report into the job prospects of Australian PhD students has found that many struggle to find employment in their field when they graduate. The students say they get stuck in the middle of being too highly educated for some jobs, but not experienced enough for senior research roles. Transcript (Audio Podcast) TONY EASTLEY: A … Continue reading →

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