Job Market Monitor
In the News
Great Recession – Only half of eligible unemployed Americans collected unemployment benefits
Only half of eligible unemployed Americans during the most recent recession actually collected unemployment benefits, according to a new analysis by the Federal Reserve Bank of St. Louis. And over the past 22 years, only one-third of those eligible for jobless benefits collected them on average. If everyone that qualified for unemployment benefits in 2009 … Continue reading
Highly Educated – The Biggest Debt Problems
A new study finds that highly educated Americans were most likely to take on unmanageable debt in the pre-crisis years. What’s more, gross personal financial mismanagement occurred across the population and not just in the mortgage market and not just among the unsophisticated. The study draws a line at the point where monthly payment on household debt equals 40% … Continue reading
España – El Desempleo – segundo trimestre – 25,02%.
La tasa de paro sube 38 centésimas respecto al segundo trimestre y se sitúa en el 25,02%. Por sexo, el desempleo crece en 9.500 en los hombres y en 75.500 en las mujeres. La tasa de paro masculina aumenta 11 centésimas hasta el 24,68%, mientras que la femenina sube Instituto Nacional de Estadística siete décimas y … Continue reading
Spain – Job Crisis deepens as unemployment rate hits 25pc
Tens of thousands of jobs were lost between July and September raising the number of unemployed to 5.78 million people, Spain’s National Statistics Institute reported, a level unseen since the dictatorship of Francisco Franco ended in the mid-1970s. The number of Spanish households in which every member is out of work climbed to 1.74 million, … Continue reading
Wisconsin – Backlog stalls unemployment benefit checks
More than 9,000 Wisconsin residents have not received any unemployment benefits for several weeks because of a backlog at the state Department of Workforce Development. The department’s backlog consists of 9,357 claims dating to late July. It could take as long as March to clear it up because each claim has to be reviewed and … Continue reading
Federal Reserve – US unemployment “remains elevated”
The Federal Reserve has reiterated that the US economy is only growing slowly, and that the country’s unemployment rate “remains elevated”. Yet it added that the housing market had “shown some further signs of improvement”. The comments came as the US central bank kept interest rates on hold at between zero and 0.25%, as had … Continue reading
China – Graduates eye government jobs
Cao Bin’s dream job in China’s officialdom befits anything but the popular image of a tea-drinking bureaucrat reading newspapers in an air-conditioned office, or dozing off at long meetings. Instead, the postgraduate at China Foreign Affairs University has applied for a position with the China Earthquake Administration. If successful, the job will catapult him into … Continue reading
Colgate – To cut about 2,310 jobs
Colgate-Palmolive Co (CL.N) unveiled a cost-cutting plan on Thursday that included cutting its workforce by the end of 2016 by about 6 percent. The toothpaste maker, which has some 38,600 employees, also posted a higher quarterly profit that met analysts’ expectations… Choosen excerpts by JMM from via Colgate to cut about 6 percent of jobs … Continue reading
Mass Layoffs – Highest Since 2010 Finds Blommberg
Ford Motor Co. (F) and Dow Chemical Co. (DOW) joined a growing number of companies firing thousands of workers as sluggish U.S. growth and Europe’s deepening recession lead to a persisting slump in sales. North American companies have announced plans to eliminate more than 62,600 positions at home and abroad since Sept. 1, the biggest … Continue reading
Rio close Gove mine | Mining Australia
Rio Tinto may close its Gove alumina mine in an effort to cut costs globally. The decision follows the miner’s announcement it would slash jobs at the site. At the time Frank Willsdon, Pacific’s general manager, explained that Rio is looking at ways to operate the site with fewer people. “Steadily over time, we [want … Continue reading
Reverse Brain Drain – IT – India / US: Over half of Indian IT professionals returning
“Early April, Corp-Corp conducted a survey among Indian IT professionals. More than 1000 professionals responded to this survey. The results show more than half of the Indian IT professionals are planning to return to India.” writes corp-corp.com on its Blog. Survey Highlights (adapted excerpts) 50.1% of the people said that they will be returning to … Continue reading
Peugeot gets government rescue
PSA Peugeot Citroen (PEUP.PA) unveiled a government-backed refinancing deal for its lending arm as the struggling French automaker’s financial position deteriorated further, sending its stock to historic lows. Europe’s second-biggest automaker said it was close to an agreement with creditor banks on 11.5 billion euros ($14.9 billion) of refinancing and had won state guarantees on … Continue reading
Saudi Arabia – Hiring 500 staff nurses and 20 respiratory therapists
The Northern Mindanao Philippine Overseas and Employment Administration (POEA) Regional Extension Unit-10 has announced the immediate hiring of 500 staff nurses and 20 respiratory therapists for Saudi Arabia. The POEA 10 said that this will be a government-to-government hiring of female staff nurses and female respiratory therapists. Qualified applicants for both openings will have a … Continue reading
Taiwan – Wistron Corp. plans no layoffs
Wistron Corp., one of Taiwan’s leading original design manufacturers, said Wednesday that it has no plans to lay off any of its employees this year, amid concerns that mass large-scale workforce reductions will take place in the industry. Wistron’s announcement came after Compal Electronics Inc., one of Taiwan’s largest PC makers, reported to Taipei’s Department … Continue reading
Zynga to lay off 5% of employees
Zynga Inc laid off 5 percent of its full-time workforce and shut its Boston office on Tuesday as it embarked on a sweeping cost-cutting campaign that may eventually see the “FarmVille” game creator close its Japanese and British studios as well. The company, which is trying to arrest a steep decline in earnings as users … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
