China’s labour protections are coming under fire from high places as economic restructuring pits officials concerned about social stability against a lobby arguing inflexible policies are stifling job creation and suppressing wages. Company executives, especially at foreign or private firms, have long been critical of labour contract legislation and minimum wage laws that make it … Continue reading
The global crisis hammering the steel industry is beginning to be felt in China, where one of the country’s biggest producers has said it may let go 50,000 of its 80,000-strong workforce. Chosen excerpts by Job Market Monitor. Read the whole story at Chinese steelmaker readies 50,000 jobs cuts as industry crisis deepens
Alberta’s unemployment rate hit its highest level in more than 20 years in February, after climbing more than 2.5 points in the past year. Statistics Canada reported Friday that the province’s unemployment rate hit 7.9 per cent in February, its highest mark since August 1995. That’s up 0.5 points from January and 0.6 points higher than the … Continue reading
For many people, daylight savings time is less about “spring forward” and more about falling behind…their sleep schedule. And many of us can’t afford to lose out on any more sleep. According to a new survey from CareerBuilder, over half of workers (58 percent) feel they don’t get enough sleep, and 61 percent say lack … Continue reading
Smartphone adoption has grown rapidly in the U.S. Today, 68% of U.S. adults own smartphones, up from 35% in 2011. Beyond calls and texts, smartphone owners use their devices to accomplish a number of tasks – including getting directions, applying for jobs and getting health information. For some Americans, particularly younger adults, minorities and lower-income … Continue reading
Employment was virtually unchanged in February (-2,300 or 0.0%) as gains in part-time work were offset by losses in full time. The unemployment rate rose by 0.1 percentage points for the third consecutive month, reaching 7.3% for the first time since March 2013.On a year-over-year basis, employment grew by 0.7% (+118,000), with the gains mostly coming from full-time work (+82,000 or +0.6%). At … Continue reading
The labor market is proving to be one of the most resilient segments of the economy in 2016. Chosen excerpts by Job Market Monitor. Read the whole story at US Labor Market Charts, March 2016 – Business Insider Related Post Job Report in US, February 2016 – Total nonfarm payroll employment increased by 242,000 and and … Continue reading
Total nonfarm payroll employment increased by 242,000 in February, and the unemployment rate was unchanged at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining. Household Survey Data In … Continue reading
The euro area (EA19) seasonally-adjusted unemployment rate was 10.3% in January 2016, down from 10.4% in December 2015, and from 11.3% in January 2015. This is the lowest rate recorded in the euro area since August 2011. The EU28 unemployment rate was 8.9% in January 2016, down from 9.0% in December 2015, and from 9.8% … Continue reading
The recession is over, but it’s certainly not forgotten across most of the U.S.: Unemployment last year remained elevated compared with 2007 levels in more than two-thirds of the states. The Labor Department reported Friday that average annual jobless rates fell in 2015 from the prior year in 47 states plus the District of Columbia. … Continue reading
The country’s unemployment rate declined by a percentage point in the fourth quarter of 2015, to 24.5% of the population. According to the Quarterly Labour Force Survey, the working-age population was 36.3 million, of whom 16 million were employed, 5.2 million unemployed and 15.1 million not economically active. Almost 66% of the unemployed were people … Continue reading
28- to 34-year-olds are actually the wealthiest such generation in Canadian history says a new analysis from the federal Finance Department. “The current generation of young Canadians is, on average, wealthier than previous generations of young Canadians,” says the confidential report, though with some cautionary notes. “Young Canadians … born in the first half of the 1980s had … Continue reading
A privately educated elite continues to dominate the UK’s leading professions, taking top jobs in fields as diverse as the law, politics, medicine and journalism, according to new research. The Sutton Trust educational charity has been carrying out similar surveys for more than a decade, and though it reports “small signs” of progress, this year’s … Continue reading
Executives in 20 recent employer surveys said they look to hire people with so-called “soft” or “essential skills” — communicating, problem-solving, critical thinking, teamwork — “yet this is where they see students being deficient,” said Harvey Weingarten, president of Ontario’s higher education think-tank. If these skills are so important, it’s time to actually test students … Continue reading
More than 18,000 people have applied for just 14 places on NASA’s latest astronaut training intake, according to the space agency. That figure surpassed the record set in 1978 of 8,000 applications said NASA in a statement.Applications this time around opened in mid-December and closed Thursday 18th February. Chosen excerpts by Job Market Monitor. Read the … Continue reading