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Canada – Federal civil service hit with 1700 more job notices
So far, CBC News has been made aware of letters issued to some 1,600 employees with Human Resources and Skills Development Canada (HRSD), the department responsible for administering the employment insurance (EI) system, old age security (OAS) … See all stories on this topic » CBC.ca http://www.cbc.ca/news/canada/windsor/story/2012/09/13/pol-federal-civil-servants-cuts.html
Where Have the Workers Gone?
Jessie Romero of the Richmond Fed analyzes why so many people are leaving the labor force, and what are they doing after they exit: Where Have All the Workers Gone?, by Jessie Romero, Richmond Fed: Since September of last year, the unemployment rate in the United States has declined nearly a full percentage point, from … Continue reading
OECD – Weak growth outlook is expected to push unemployment beyond today’s already high levels
The global economy is slowing, with key European countries entering a recession that is now having an impact worldwide, the OECD said in its latest Interim Economic Assessment. “Our forecast shows that the economic outlook has weakened significantly since last spring,” Mr Padoan said. “The slowdown will persist if leaders fail to address the main … Continue reading
OECD Education at Glance – Video
Andreas Schleicher, OECD Deputy-Director of Education speaks about the key finding of this year’s OECD Education at Glance. He says, education spending is rising but access to higher education remains unequal in most countries. Governments should increase investment in early childhood programmes and maintain reasonable costs for higher education in order to reduce inequality, boost … Continue reading
UK – Job cuts of 10% for cops
Almost 6800 police posts have been downsized since the 2010UK general election as a result of British austerity measures, according to a House of Commons analysis of updated Home Office figures… http://rt.com/news/uk-police-jobs-cut-838/
Deutsche Bank to Increase Job Cuts
Deutsche Bank AG (DBK), Europe‘s biggest bank by assets, will cut jobs and review its pay practices to help boost profitability as capital requirements rise and Europe’s debt crisis drags on. “Compensation practices are one important way to achieve … http://www.bloomberg.com/news/2012-09-11/deutsche-bank-plans-more-cuts-in-headcount-pay-to-reach-goals.html
Canada – Youth largely working or learning says an OECD report
Economic turmoil may have been pushing young people out of the workforce and sidelining them from their educational goals, but a report from the Organization for Economic Co-Operation and Development suggests Canada’s youth are faring better than most. The organization’s “Education at a Glance” report found that 14 per cent of Canadians between 15 and … Continue reading
Canada – Workers No Longer Engaged in Jobs
Canada has a productivity gap that continues to create challenges for organizations attempting to becoming more competitive, a new report suggests. Towers Watson, a New York professional services company with an HR consulting office in Vancouver, released a report that exposes a lack of sustainable engagement in the Canadian workforce. According to Towers Watson, organizations … Continue reading
Nigeria – Brain Drain – Kano loses 100 doctors in six months – NMA
The Nigerian Medical Association has urged Kano state government to declare state of emergency in the health sector to halt the mass exodus of medical practitioners from government hospitals across the state. The NMA said that the state has witnessed the disengagement of over one hundred medical doctors in the last 6 months. Briefing newsmen … Continue reading
(UPDATE) Unilever – Port Sunlight – Confirms decision to axe 350 jobs in Wales
The consumer products giant confirmed that 225 jobs are to be lost with the closure of its personal care products site in Swansea, and a further 25 at its distribution site in Bridgend as it concentrates operations at its Port Sunlight base. http://www.walesonline.co.uk/news/wales-news/2012/09/13/unilever-confirms-decision-to-axe-350-jobs-in-wales-91466-31828312/
Ireland – FG Wilson to cut 760 jobs
Up to 760 jobs are to be cut by a major engineering company in the North, it was announced today. FG Wilson, which is part of the international Caterpillar corporation, said the losses are part of measures to make the business more efficient and … Irish Times http://www.irishtimes.com/newspaper/breaking/2012/0913/breaking20.html Envoyé via Flipboard Envoyé de mon iPad
French minister says Peugeot should cut in Spain, not just France
France’s industry ministry is pressing the country’s leading carmaker to limit the impact of a domestic restructuring set to claim 8,000 jobs – by shifting part of the cuts burden to Spain. Arnaud Montebourg, industrial renewal minister, was expected to raise the issue in talks on Thursday with PSA Peugeot Citroen chief executive Philippe Varin … Continue reading
Europe’s minority youth face extra hurdle in job hunt
France, with Europe’s largest concentration of Muslim and North African immigrants, is on the front lines of the discrimination problem, but it is not alone. In Germany, a university conducted a study sending out identical resumes in response to … http://www.winnipegfreepress.com/business/as-crisis-swirls-europes-minority-youth-face-extra-hurdle-in-job-hunt-discrimination-169594506.html
Bank of England should focus on employment data
Ben Broadbent, a member of the Bank of England’s Monetary Policy Committee, said the link between employment and inflation had proved “more stable” throughout the financial crisis than those between “either of those variables and output”. “We should … Telegraph.co.uk http://www.telegraph.co.uk/finance/jobs/9539737/Bank-of-England-should-focus-on-employment-data-says-MPCs-Ben-Broadbent.html Envoyé via Flipboard Envoyé de mon iPad
UK – Ivybridge paper mill to close with 100 jobs lost
A south Devon paper mill is to close with the loss of almost 100 jobs. Arjowiggins, which owns the Stowford Mill at Ivbybridge, said the decline in European sales meant it was having to transfer operations to Scotland. Closure of the mill in 2014 will … http://www.bbc.co.uk/news/uk-england-cornwall-19585376
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