Job Market Monitor
In the News
Canada – Most jobs created this year are full-time, well-paid
A new look at Canada’s labour market reveals the first six months of 2012 have seen a big improvement in the quality of jobs that have been created — a surprise that was welcomed Thursday even though the trend likely won’t last. It is already known that Canada’s economy churned out 155,000 new jobs in … Continue reading
BC Mining – Campbell River – 200 to 300 jobs in 3 years ?
Geoscience info could make CR mining hub Campbell River could become a service centre for increased mining exploration activity on the North Island following a $930,000 funding announcement under the BC Jobs Plan. “This initiative, by itself, could be a major driver for your economy,” said Jobs, Tourism and Innovation Minister Pat Bell at the … Continue reading
Fukushima – Fewer Jobs?
Japan may have fired up its first nuclear reactor since the Fukushima Daiichi accident, but the debate over the restarts rumbles on. While safety issues and potential power shortages have dominated the debate so far, another less-discussed issue is the potential impact on employment of trying to keep most or all of the nation’s 50 … Continue reading
China – Growth rate slowed for a sixth successive quarter
China’s growth rate slowed for a sixth successive quarter to its slackest pace in more than three years, highlighting the need for more policy vigilance from Beijing even as signs emerge that action taken so far is beginning to stabilize the economy. Year-on-year growth of 7.6 percent in the second quarter was a whisker above … Continue reading
Youth Unemployment – Skills Gap – Germany will indeed help Spain
Germany says it will help Spain to launch German-style apprenticeships for its young people, half of whom are unemployed because of the debt crisis. Spain’s Education Minister, Jose Ignacio Wert, signed an agreement with his German counterpart in Stuttgart on Thursday, to give more Spaniards on-the-job training with German firms. Spain’s youth unemployment has soared … Continue reading
Autoworkers – 55% forced to ask family and friends for financial help three years after layoffs
Three years after losing their jobs, laid off autoworkers continue to struggle financially and personally, a new CAW report says. The second round of findings in the CAW’s three-year study of laid-off auto workers, found that 55 per cent of the 260 workers surveyed, have been forced to ask family and friends for financial help … Continue reading
MICROSOFT ADVERTISING – Layoffs
Microsoft Advertising confirmed that it cut a number of key advertising and marketing positions, underscoring our previous reports that the company may be in large part backing away from the advertising business. As a digital marketing evangelist at Microsoft Advertising, Carson had a very public role at the company: His job was to forge relationships … Continue reading
U.S. Army and the Skills Gap – Industry certifications to validate existing military personnel skills
Over the next five years, there will be up to a million military personnel returning to civilian life and getting into the U.S. civilian workforce. Juxtapose this with the 600,000 jobs currently open in advanced manufacturing and the anticipated need for 10 million skilled workers by 2020, and the Society of Manufacturing Engineers (SME) sees … Continue reading
Big Business – Primary driver of job creation ?
Cue the world’s smallest violin (again, I guess) for the country’s “job creators.” So BR emails me the other day that links here with the message “Have a field day with this crap” (not unlike many emails I get). So, off to the link I go to read the story. What I assume incensed the … Continue reading
GM beginning to reverse IT services outsourcing
GM now outsources about 90 percent of its IT services and provides 10 percent of that work in-house. Within the next three to five years, GM hopes to reverse those percentages in part by hiring “thousands” of new software developers, database experts and others globally, GM spokeswoman Juli Huston-Rough said. The IT overhaul is spearheaded … Continue reading
Skills Gap – There won’t be enough A & P (airframe and propulsion) licensed mechanics for an Airbus Assembly plant when in Mobile
That’s the word from companies that specialize in recruiting and hiring skilled workers for several industries, including the marine and airbus 380 in Vancouver (Photo credit: Cyprien) aviation industries. Bud Collins owns Eagle Marine Services in Irvington. He’s been placing skilled workers in marine jobs for 17 years, including ship building sites like Newport News, … Continue reading
Massachusetts – New Estimates – Jobs grew faster in 2011
A close examination of unemployment insurance data shows that Massachusetts has been gaining jobs faster than people thought, according to a new report issued Thursday by MassBenchmarks and the Donahue Institute at the University of Massachusetts. Massachusetts Coastline (NASA, International Space Station, 06/27/11) (Photo credit: NASA’s Marshall Space Flight Center) But even the new numbers … Continue reading
Youth Unemployment – Young Invincibles Calls for Action
Fresh off a win to keep student-loan interest rates down, a youth-advocacy group would like to channel that energy into improving the job market. Young Invincibles released a sobering employment report Tuesday showing 16.5 percent of Americans ages 16 to 24 are without work. Unemployment is 30.2 percent for young African-Americans and 20.5 percent for … Continue reading
Road Map to More Jobs
How different would conditions be today economically and politically if unemployment were 7 percent instead of its current 8.2 percent? For one thing, some two million unemployed workers would have jobs, and the rate of economic growth would be comfortably above 2 percent, instead of below that pace. This scenario could have been possible if … Continue reading
Unemployment is high not because businesses are shedding jobs but because no one is hiring
New Yorker has a terrific one-page summary by James Surowiecki of why so many job vacancies are left unfilled “for want of any sufficiently qualified candidates” while so many people (especially young people with university degrees) are unable to find work. It’s behind a pay wall, so here’s a synopsis: Unemployment is high not because … Continue reading
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