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UK / Immigration / Should a fall in immigration be cheered?
“Britain is home to the greatest workforce in Europe. The Poles,” runs a favourite joke of comedian Jimmy Carr. But while immigration might make a good punchline, for many businesses the economic implications of who moves where have a clear effect on the bottom line. Britain has a record of welcoming immigrants, from M&S co-founder … Continue reading
US / MBA / Hard Times and Smaller Paycheck
Like many students, Steve Vonderweidt hoped that a master’s degree in business administration would open doors to a new job with a higher paycheck. Soaring tuition costs, a weak labor market and a glut of recent graduates are upending the notion that M.B.A.s and other professional degrees are a sure ticket to financial success. WSJ’s … Continue reading
Europe / Unemployment at record level in November 2012: 26 million
EU unemployment tops 26 million for 1st time Unemployment in the 17 EU countries that use the euro rose to 11.8 percent in November, as the number of jobless people in the region rose to 18.8 million, the highest figure since the single currency was founded in 1999. According to data released Tuesday by the … Continue reading
US / Jobs with the lowest and highest unemployment rates
The top jobs with the lowest unemployment rates for 2012 include fields in areas from health care and finance, to social services and engineering — and all require a lot of education and training. “You look at these jobs, they are all high skilled, high education, and high experience,” said Abraham Mosisa, an economist at … Continue reading
UK / Digital Divide / A third of poorest pupils ‘without internet at home’
More than a third of the poorest children do not have the internet at home and a similar number do not have a computer, official figures suggest. A new breakdown of Office of National Statistics (ONS) data also showed that children from the wealthiest homes all had internet and computer access. Campaigners say this ‘digital … Continue reading
Disney / Layoffs could come
Walt Disney Co (DIS.N: Quote), which reported record earnings in November, started an internal cost cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters. Disney, whose empire spans TV, film, merchandise and theme parks, is exploring cutbacks in jobs no … Continue reading
Finland / Moventas Gears: Layoffs to come
Moventas Gears – the Finnish gear maker owned since last year by Scottish engineering group Clyde Blowers – is in discussions with staff over the implementation of temporary layoffs, which it blames on an “insufficient order backlog” for early 2013. Last year Moventas nabbed an €80m ($106m) contract to supply gearboxes for Areva’s 5MW offshore … Continue reading
Spain / Banco Novagalicia: 2,508 layoffs
The Banco Novagalicia involved in the Spanish banking crisis has presented a restructuration plan providing for 2,508 workers to be laid off by 2017 and 327 offices to be closed by 2015. Unions have criticized the plan and said the bank did not promote any negotiation and have organized a strike and demonstration on January … Continue reading
UK / Penguin Books publisher to close apprenticeship unit: 5,000 apprentices and 500 jobs could be cut
The media and education group, which also owns publisher Penguin Books, said that changes to the way apprenticeship schemes are funded had had a “radical” impact on demand for the courses offered by Pearson in Practice, which are tailored to specific industries and each last between three months and a year. Around 5,000 apprentices signed … Continue reading
European Universities / An ‘F’
Outmoded teaching, overcrowded classrooms and even broken windows are common complaints by both teachers and students at French universities – even the Sorbonne, one of Europe’s oldest and most illustrious schools. Classes often begin with a hunt for spare chairs as classrooms built for 20 students regularly pack 40 or more. Sometimes students are forced … Continue reading
Apple / Hiring at Data Center
Apple is continuing to hire staff for its data center operations, with positions available at current and future locations in North Carolina, Oregon, California sites in Newark and Santa Clara, and a new data center under construction in Reno, Nevada. The current openings include a position for a Data Center Site Services Manager in Maiden, N.C. … Continue reading
Greece / Hellenic Telecommunications Organization (HTO) / 1,500 Jobs Cut
Greece’s Hellenic Telecommunications Organization (HLTOY) said Monday around 1,500 workers took part in its voluntary redundancy plan, enabling the company to reduce operating costs significantly and improve its competitiveness. The company estimates that its costs will be reduced by 80 million euros ($104.5 million) annually. Since the beginning of January, “the number of OTE employees … Continue reading
US / Greater demand for physicians
National recruiters say that as good as 2012 was for physicians seeking employment in hospitals or groups, 2013 will be even better. Due to impending physician retirements, decreases in the hours doctors work and increased demand for physicians, job opportunities for employed physicians won’t just be more plentiful but also will offer more variety. That … Continue reading
Becoming an Expat Worker in China
Younger people from a wider variety of countries are being attracted to live and work in China, according to a survey. However, becoming an expat in China can be challenging and there is increasing competition from highly qualified Chinese people. Some 70% of expat executives who took part in survey conducted by the Association of … Continue reading
Minimum wage / Ford instituted a $5 per day minimum wage on Jan. 5, 1914
On Jan. 5, 1914, Henry Ford announced a series of work reforms and special payments for Ford Motor Co. employees that included a $5 per day minimum wage, at a time when the average pay for American workers was $12.50 a week. Ford also announced that its factories would run continuously, up from 18 hours … Continue reading
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