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In the News
UK / Standard Life cuts 139 jobs
Standard Life is cutting 139 jobs following the restructure of its UK and Europe business. Affected divisions include adviser and investments and workplace, customer and marketing and UK IT and change. Standard Life says the proposed job cuts will deliver better customer service through a single point of accountability and clearer alignment between the company’s … Continue reading
London / Tech City Apprenticeship Programme aiming at 500 unemployed young people
Leading companies in Tech City, Europe’s fastest growing technology cluster, are launching a major Tech City Apprenticeship programme for unemployed young Londoners. The Tech City Apprenticeship programme will give 500 unemployed young people the opportunity to work in London’s most exciting and high-profile digital companies, including Google Campus, Facebook, TechHub, Moo.com, Poke London, The Trampery … Continue reading
US / Food stamp enrollment up even if unemployment rate declines
From October 2009 to October 2012 the unemployment rate has declined from 10.2 percent to 7.9 percent. In that same time frame, nearly ten million new recipients have been added to the food stamp rolls, according to government data analyzed by the Republican committee staff. “Spending on the food stamp program has increased every single … Continue reading
Unemployment Insurance / Claims fell last week but still dancing above 400,000 amid Sandy
Several states were still reporting an increase in claims because of Hurricane Sandy An analyst from the Labor Department said several states were still reporting an increase in claims because of Hurricane Sandy, the mammoth storm that slammed into the East Coast on Oct. 29. The storm left millions of homes and businesses without electricity, … Continue reading
Canada / New EI benefit for parents of critically ill or injured children to come ?
The Honourable Diane Finley, Minister of Human Resources and Skills Development, today marked the unanimous adoption of the Helping Families in Need Act by the House of Commons. The Bill will now be studied by the Senate before receiving Royal Assent, the final step in the legislative process. “The Harper Government is delivering on its … Continue reading
US / Losing the Race for Entrepreneurial Talent ? (Video)
In 2005, immigrant entrepreneurs launched 52% of all startups in Silicon Valley. But today, the number has dropped to 44%, and America is not only losing the opportunity to create new jobs but also losing its competitive edge, argues Vivek Wadhwa in his short, passionately argued book, The Immigrant Exodus: Why America Is Losing the … Continue reading
Background checks mistakes can shut out jobs
A recent survey by the Society for Human Resource Management indicated that about two-thirds of employers conduct criminal background checks on all job candidates. An array of companies, which don’t have to be licensed, offer the service. Searches, though, vary in accuracy. An April report published by the National Consumer Law Center found that many … Continue reading
UK / Newcastle Council cuts 1,300 jobs
More than 1,300 jobs are to be axed by a North East council struggling to trim £90m from its budget. Newcastle City Council – which employs 10,500 staff – will also shut 10 libraries, although it said its new £24m city centre library was safe. A spokesman blamed rising costs and a greater demand for … Continue reading
We’ve Seen This (Manufacturing) Movie Before
At the dawn of the 19th century, farmworkers were somewhere between 75% and 80% of the entire labor force. That number was still over 50% in 1860. It was not just the Industrial Revolution that increased the number of manufacturing workers in the US, it was an agricultural productivity revolution that allowed more food to … Continue reading
(UPDATE) SAS | To cut more than 7,000 jobs
SAS Group to cut more than 7,000 jobs SAS Group’s plans to eliminate jobs and shrink its business were accepted by pilot and cabin-crew unions as Scandinavia’s biggest airline fights to stay afloat. SAS surged 29 per cent after reaching accords with all eight labour groups, with one deal that covers 600 Swedish cabin crew … Continue reading
Sharp / 3,000 volunteers for 2,000 job cuts
Struggling Japanese TV maker Sharp Corp (6753.T: Quote) said on Tuesday about 3,000 of its workers volunteered for early redundancy, far more than the 2,000 it aims to lay off in a bid to trim costs amid mounting losses… Choosen excerpts by Job Market Monitor from via Sharp seeks 2,000 job cuts, gets 3,000 volunteers … Continue reading
Job cuts around Europe
Here is look at major company job cuts announced and planned around Europe in the past month as economic worries spread: Source: via FACTBOX-Job cuts around Europe | Reuters.
Africa / AfDB-OECD Conference On Youth Employment in West Africa
The Government of Senegal hosted the West Africa Regional Conference on Youth Employment on Saturday, November 10 in Dakar. The one-day conference, co-organized by the African Development Bank and the OECD Development Centre, brought together West African Ministers, youth organizations, civil society and the private sector. The conference received the special attendance of H.E. Olusegun … Continue reading
UK / Hovis To Cut 900 Jobs
The owner of Hovis has announced plans to cut 900 jobs in its struggling bread business as profits become harder to come by. In a statement, Premier Foods said it was to close two bakeries and reform its delivery network. The biggest impact will be felt in Birmingham, where 511 jobs are to be lost … Continue reading
(UPDATE) Greece – No to additional 22,000 layoffs asked by IMF
Greece / Rejecting IMF demand for 22,000 extra layoffs Greece has rejected a last-minute IMF demand for thousands of additional civil service layoffs, a finance ministry source said on Tuesday ahead of a crucial eurozone meeting to debate loan relief for Athens. The global lender on Monday called for 22,000 extra job cuts by 2014 … Continue reading
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