Vontobel is planning to cut an undisclosed number of jobs, the latest Swiss private bank seeking to lower costs as the industry braces for lost revenue due to pressure on the country to stop harbouring tax evaders. Vontobel spokesman Reto Giudicetti confirmed comments by Chief Executive Zeno Staub in an interview with the Handelszeitung newspaper … Continue reading
Last week, as news was breaking that Colorado-based manufacturer Abound Solar had filed for bankruptcy, a solar branch of General Electric in Aurora was informing its local employees that about half of them would be laid off. Westword learned of these major layoffs — which could affect more than sixty employees — late Tuesday, from … Continue reading
The number of planned layoffs at U.S. firms fell in June to its lowest level in over a year, suggesting employers were not rapidly downsizing even as the economic recovery slows, a report on Thursday showed. Employers announced 37,551 planned job cuts last month, down 39.3 percent from 61,887 in May, according to the report … Continue reading
Government statisticians say Ireland’s unemployment rate has risen to an 18-year high of 14.9 per cent, underscoring the country’s struggle to stimulate its economy amid debt fears and austerity pressures. via Sky News: Irish unemployment hits 14.9 per cent. Unemployment rate (To April 12012) — Number of women joining dole queues double that of men … Continue reading
U.S. unemployment, as measured by Gallup without seasonal adjustment, was 8.0% in June, unchanged from May, but significantly better than the 8.7% from a year ago. Gallup’s seasonally adjusted number, based on applying an estimate of the government’s June adjustment, is 7.8%, an improvement from 8.3% in May, and down considerably from 8.5% in June … Continue reading
For two decades we have been hearing that HR must become a strategic partner to the business. And the fact that we’re still hearing it suggests that in many organizations it hasn’t happened. The need to align HR with the business has become more urgent than ever. Financial markets exert relentless pressure for growth, especially … Continue reading
The EU-27 employment rate for the 20–64 age group dropped from an average of 70.4% in 2008 to 69.1% in 2009, falling for the first time in the past five years and slipping away from the Europe 2020 target, set at 75%. Sources: Eurostat regional yearbook 2011 See also : Europe – Regional unemployment rates – From 2.5% in Salzburg … Continue reading
Regional unemployment rates varied widely across the 271 NUTS 2 regions of the EU27 in 2011, with the lowest rates recorded in the regions of Tirol and Salzburg (both 2.5%) in Austria, Zeeland (2.7%) in the Netherlands and Oberbayern (2.8%), Niederbayern (2.9%) and Freiburg (3.0%) in Germany, while the highest rates were registered in the regions of Andalucía (30.4%) and … Continue reading
The next three months will determine just how long thousands of unemployed people will receive state jobless benefits next year. Jobless rates from July, August and September will determine the maximum number of weeks people can collect unemployment payments in 2013. Officials will calculate average statewide unemployment for those three months and use the figure … Continue reading
Since the beginning of the debt crisis, the European rescue efforts might have managed to save a number of banks, but they have failed so far in preventing recessions, lowering unemployment rates, or even decreasing anxiety, said former German Chancellor Helmut Schmidt according to a Handbelsbalt report. “After half a century since the beginning of … Continue reading
In 2011, the nationwide African American unemployment rate stood at 15.9 percent—and in several of the country’s large metropolitan areas, the black unemployment rate was significantly higher. This issue brief examines African American unemployment rates of the 19 metropolitan areas for which we could derive reliable estimates.1 The key findings of this brief are: In … Continue reading
More than one in three young Italians are out of work after the youth unemployment rate hit a record 36.2pc in May. The figure was a rise from 35.3pc in April, and far outpaced the eurozone average of 22.6pc in May. Unemployment among the under-25s also remained a huge problem in Spain, where more than … Continue reading
With today’s technology, the traditional 8-hour workday is becoming obsolete (and nearly impossible). Smartphones, which give us easy access to things like social media, texting, and e-mail, are making it easier and easier to stay connected around the clock. Unfortunately, it appears we are becoming addicted to being plugged into work 24 hours a day, … Continue reading
As things stand now, the numbers simply don’t add up. In the national capital region alone, 85% of students cleared the boards this year. In absolute numbers, this is 2,00,393 candidates. DU has 54,000 seats. Other than an increase in seats following implementation of the OBC quota in 2009, college seats have remained constant…. “We’ve … Continue reading
The Sabah Hotel Association (SHA) is now experiencing difficulties in recruiting skilled workers to join the hotel industry due to various factors such as rapid room growth in the State. Its president, Christopher Chan, said the hotel industry in Sabah had gone through major changes both in terms of the number of hotels that have … Continue reading