Job Market Monitor
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India / Unemployment Insurance / Uttarakhand removes the cap of one person per family
The Uttarakhand government today decided to liberalise norms for the unemployment allowance scheme in the face of stinging criticism from the opposition. The scheme, which was launched with much fanfare on November 9 last year, had failed to find favour with the jobless mainly due to its stringent norms. The scheme had covered only 834 … Continue reading
UK / University / Applications down since 2 years
University applications from UK students are down for the second year running, official figures show. Ucas admissions data from mid-December show applications from English students at their lowest since 2009. The trebling of maximum tuition fees saw a drop in applications for autumn 2012 but university leaders hoped demand would recover in 2013. A Ucas … Continue reading
US / Unemployment Benefits / An increase of 10,000: two out of three employment-related reports were positive
SEASONALLY ADJUSTED DATA In the week ending December 29, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 10,000 from the previous week’s revised figure of 362,000. The 4-week moving average was 360,000, an increase of 250 from the previous week’s revised average of 359,750. The advance seasonally adjusted insured unemployment rate was 2.5 percent … Continue reading
US / Proportion of Population With Job Improves in December finds Gallup
The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, was 44.4% for the month of December, a slight improvement over 43.7% in November. The current P2P rate still does not match the levels of employment seen in July through October, which exceeded 45% and were the highest since Gallup began tracking P2P … Continue reading
Spain / Unemployment fell by 41,023 seasonally adjusted but surged by 426,364 over a year
The number of people registered as unemployed in Spain fell by 1.2pc in December to 4.85m – the first decline since July 2012, the country’s labour ministry said. The was the best December performance since records began in 1996, with young people, women and first-time workers benefiting the most. When seasonally adjusted, Spain’s jobless numbers … Continue reading
Top 1% Earners / In What Field Do They Majored In ?
According to the Census Bureau’s 2010 American Community Survey, the majors that give you the best chance of reaching the 1 percent are pre-med, economics, biochemistry, zoology and, yes, biology, in that order. Below is a chart showing the majors most likely to get into the 1 percent (excluding majors held by fewer than 50,000 … Continue reading
Trucking / There are jobs but drivers find it tough
Longtime drivers are retiring, and shipping demand is growing. Yet it’s not easy to find people willing to embrace the solitude and separation from family that comes with driving a semitrailer truck across the country for a living. Long-haul truckers spend weeks on the road. They sleep in their cabs or strange beds, shower in … Continue reading
India / IT and Education Top the List of Job Creating Sectors
Amidst global financial crisis and sluggish economic growth that hampered the growth and employment opportunities in the country, there were few sunshine sectors that created huge job opportunities. Here is a list of such sunshine sectors in India that created new job opportunities in the year 2012, as reported by Anumeha Chaturvedi and Shreya Biswas on The … Continue reading
Fiscal Cliff / Avoided at What Cost?
Some thoughts on the new fiscal agreement: The economy needs a stimulus, but under the agreement, taxes will go up in 2013 relative to 2012 — not only on high-income households, as widely discussed, but also on every working man and woman in the country, via the end of the payroll tax cut. For most … Continue reading
US / Historians / Jobs Rose Last Year
The number of academic-job openings in history increased by 18 percent in 2011-12, but the competition for such positions is steep as the number of new Ph.D. recipients continues to outstrip the number of available jobs, according to a new report by the American Historical Association. The report was published on Wednesday in the association’s … Continue reading
Indonesia / Layoffs in Drop ?
Cases of layoffs in Indonesia dropped nearly 60 percent in 2012 from a year earlier, pointing to improved businesses and labor relationships, said the Minister of Manpower and Transmigration. Minister Muhaimin Iskandar said last year there were 1,916 cases of layoffs involving 7,465 workers — a significant decrease from the 3,875 cases of layoffs involving … Continue reading
Thailand / Minimum Wage / Smaller industries soon to be shaken says Federation of Thai Industries
Five to ten per cent of Thailand’s labour intensive businesses, unable to tolerate the new Bt300 daily minimum wage, will close down in the first quarter of this year, Federation of Thai Industries’ vice chairman Taweekit Chaturacharoenkhun predicted on Wednesday. He said labour intensive small and medium-sized enterprises, particularly in the textile, service and agricultural … Continue reading
US / 2013 job market for College graduates, construction workers and Government workers
Amid another blah year, a few workers that bore the brunt of the Great Recession stand to gain in 2013. Here are three: College graduates Congrats class of 2013! You have a better chance landing your dream job than the poor grads before you working as baristas. The years following the Great Recession hit workers … Continue reading
Germany 2012: Record number of jobs and unemployment down
THE number of people in Germany who have a job rose to a record high last year, even though growth momentum is slowing as the eurozone debt crisis hits the German labour market. The number of people in work in Germany increased by 416,000 or 1.0 per cent to an annual average 41.5 million last … Continue reading
Oman / Government to create 20,000 jobs
Oman will continue spending heavily on job creation for its citizens this year, Finance Minister Darwish al-Balushi said on Wednesday at a news conference on the 2013 budget. “Last year we created 36,000 jobs for Omanis by spending 300 million rials ($780 million),” he said. “This year we will create 56,000 jobs, of which 20,000 … Continue reading
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