China’s clout is growing in South East Asia, becoming the region’s top trading partner. But to say that Mandarin will rival English is a “bit of a stretch”, says Manoj Vohra, Asia director at the Economist Intelligence Unit. Even companies in China, who prefer to operate in Chinese, are looking for managers who speak both … Continue reading
THE Health Service Executive (HSE) has reported “strong interest and enquiries” about its controversial scheme to employ 1,000 graduate nurses on lower salaries. The first phase of the scheme offering the newly qualified nurses jobs in hospitals kicked off yesterday despite bitter opposition from nursing unions. The nurses will get a two-year contract at €21,769 … Continue reading
There are only two kinds of bosses: those that support their teams and have a positive overall impact on productivity and those that do not. Unfortunately, a lot of U.S. bosses are just making work harder to do well. Today, nearly one-third of American employees report that they feel underappreciated by their direct supervisors. And … Continue reading
It’s not the way anyone wants to start the New Year; but in just a few weeks, nearly 300 Campbell’s Soup employees will spend their last day on the job as the plant readies to close after more than 60 years in Sacramento. In just three weeks, production at Campbell’s Soup will start to slow … Continue reading
Time Inc. is reportedly planning to slash hundreds of jobs, the New York Post’s Keith Kelly exclusively reported on Thursday. Sources told Kelly that the first round of layoffs, which were originally expected to hit last week, had been pushed back till next month. Chosen excerpts by Job Market Monitor from via Major Time Inc. … Continue reading
American Express Co. said Thursday that it will slash about 5,400 jobs, mainly in its travel business, as it seeks to cut costs and transform its operations as more of its customers shift to online portals for booking travel plans and other needs. The job cuts will be partly offset by jobs that the company expects to … Continue reading
Honda is cutting 800 jobs in Swindon as the shrinking European car market forces the company into its first ever UK job cuts. Honda blamed the slump in European sales as it announced it will cut its Swindon workforce by almost a quarter, months after hiring hundreds of new employees. “It’s entirely the car market,” … Continue reading
The November Job Openings and Labor Turnover Survey (JOLTS), released today by the Bureau of Labor Statistics, shows job openings were essentially flat in November, at 3.7 million (up by 11,000). The number of job openings, which had been improving fairly steadily since reaching its low of 2.2 million in July 2009, has stalled in recent months; … Continue reading
Apprenticeship schemes can be the driver for the most disadvantaged young people to gain employment, but they need to be made simpler and more accessible, according to Barclays HR director Lynne Atkin. Atkin, who has been HRD of Barclays since 2009 and this year helped launch its first £20 million apprenticeship scheme, believes one of … Continue reading
THE euro area is mired in recession and unemployment in the single-currency zone continues to scale new heights, reaching 11.8% on figures out this week, up from 10.6% a year earlier. But the European Central Bank did nothing to help today, leaving its key interest rates unchanged. The governing council took the decision unanimously, ECB … Continue reading
Lats week, 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. Latest claims data reflect those weaknesses. SEASONALLY ADJUSTED DATA In the week ending January 5, the advance figure for seasonally adjusted initial claims was 371,000, an increase of 4,000 from the previous … Continue reading
The number youths aged between 15 and 24 out of work in October rose to 56.6pc, compared with 22.1pc in the same month four years ago, statistics service ELSTAT said. Greece’s jobless rate has almost tripled since September 2009 as the country’s debt crisis emerged, and is more than double the average rate in the … Continue reading
Parametric Solutions will make a job-creation announcement on Wednesday, the Governor’s Office said. The Jupiter-based aerospace and aviation product developer added 50 engineering jobs in 2011, according to the Business Development Board of Palm Beach County. Jobs currently listed on the company’s website include a gas turbine design engineer, instrumentation engineer, propulsion mechanic, heat transfer … Continue reading
Fastfood giant McDonald’s believes recession-hit Italy will be one of its higher-growth areas in the coming decade and is opening more than 100 new restaurants to convert pizza-lovers to its burgers. In a country where foreign investment has fallen by almost 30 percent since 2007, McDonald’s Italian arm plans to spend 350 million euros ($457 … Continue reading
The Wall Street investment bank is cutting 1,600 staff, with about half the reductions coming from outside the US. The bank employs several thousand people in the City. Chief executive James Gorman warned late last year that the investment banking industry still had “way too much capacity and compensation is way too high”. The cuts … Continue reading