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Microsoft – To cut 7,800 jobs
Microsoft Corp. plans to cut as many as 7,800 jobs and write down about $7.6 billion on its Nokia phone-handset unit, wiping out nearly the entire value of a business that failed to gain market share since it was acquired last year. The company also will record a restructuring charge of about $750 million to … Continue reading
Caribbean Youth Unemployment – Tourism is the solution Bahamas Prime Minister says
Caribbean youth unemployment is the “greatest scourge of our time,” according to Bahamas Prime Minister Perry Christie. But there’s a way to help solve the problem, Christie says, by focusing on the region’s biggest economic driver: tourism. “I know that for some, tourism may be redolent of a part of our history that we would … Continue reading
When people below you think less of you than what people above you think
As a matter of fact, lots of employees identified as high potentials early in their career fall out along the way. Why? Rarely do people fail due to some technical deficiency—not being a good enough programmer or being an average accountant. My take: they lack the ability to create followership. The ability for a high-pot … Continue reading
Workfare in UK – The ‘psychological resistance’ to work test
Firstly, an article published in Medical Humanities suggested that people claiming unemployment benefits are being coerced in to undertaking psychological interventions. The research, which drew largely on personal testimonies, suggests unemployment is seen as a personal failure and psychological deficit. Both authors of the paper, Lynne Friedli and Robert Stearn, are members of campaign group … Continue reading
India and Australia – The trade agreement to include upskilling
The planned Comprehensive Economic Cooperation Agreement between Australia and India will enable Australia to contribute to the mass upskilling of India’s youth population, said Belinda Robinson, chief executive of Universities Australia, this week. The agreement, which is expected to be finalised at the end of the year, is being seen as an opportunity for both … Continue reading
Self-Employed in US – The high cost
Working for yourself is liberating—and extraordinarily expensive. You face steep tax bills, have to buy your own health and disability insurance, and need to fund retirement with no help from an employer. Add it all up, and the numbers start to look ugly. Tempted to join America’s 15 million self-employed? Here is a reality check: … Continue reading
Youth Unemployment Around the World – A Chart
Take a look at the chart below from our partner Statsta. It’s a look at youth unemployment in selected areas of the world. In the Middle East, the jobless rate is nearly 30%–higher than the U.S. at the height of the Great Depression. Numbers like those point to the great unfulfilled promises of the Arab … Continue reading
Millennials at Work – Three in four say it is likely they will live in a place where they do not need a car to get around
Four in five millennials say they want to live in places where they have a variety of options to get to jobs, school or daily needs, according to a new survey of Americans age 18-34 in 10 major U.S. cities, released today by The Rockefeller Foundation and Transportation for America. Three in four say it … Continue reading
Reactions to June Jobs Report – ‘Certainly Disappointing’ economists say plus the White House
“This isn’t a terrible report by any means but it’s certainly disappointing. The lack of wage growth continues for another month while the labor market’s improvement certainly stalled. In terms of the Federal Reserve, one report never really changes the general narrative and this one certainly does not. We still think the Fed is on … Continue reading
Job Search / Recherche d’emploi – Jobs on Job Market Monitor – Des emplois sur le Moniteur de l’emploi
Originally posted on Job Market Monitor:
Looking for a job? Thousands of jobs, in U.S. and Canada are now available on Job Market Monitor. It is easy. Just click on the “JOBS / OFFRES D’EMPLOI” tab or on the image at the top right corner. Vous cherchez un emploi? Des milliers d’emplois sont maintenant disponibles,…
Job Report in US – Payroll employment rises by 223,000 in June; unemployment rate declines to 5.3%
Editor’s note: While the establishment survey says that payroll employment rose by 223,000 in June, the household survey indicates that the number on people employed dropped by 56 000. This kind of result is not unusual, but it tends to come near turning points. Next months and other indicators will tell us. Total nonfarm payroll employment … Continue reading
June ADP National Employment Report – Private sector employment increased by 237,000 jobs
Private sector employment increased by 237,000 jobs from May to June according to the June ADP National Employment Report® . Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP® , a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics. … Continue reading
US – Lowest-Paid jobs lead wage gains
Average hourly earnings in industries paying less than $12.50 an hour a year ago rose 3.2 percent in the 12 months through April, about 1 percentage point more than wage growth for the job market as a whole, according to Goldman Sachs Group Inc. This development may be the start of a long-awaited catch-up for … Continue reading
US – Gallup’s Job Creation Index at Record High of +32 (June 2015)
Gallup’s U.S. Job Creation Index remained high in June at +32. The index score — based on 43% of workers saying their employer is hiring workers and expanding the size of its workforce and 11% saying their employer is letting workers go and reducing the size of its workforce — is the same as what … Continue reading
US Job Market – Confidence strongest since Great Recession
Consumers are growing more upbeat about the U.S. labor market, with confidence reaching the highest levels since around the start of the Great Recession, according to a report released Tuesday. “The number of consumers reporting that labor conditions were bad has now declined for three months in a row, a reflection of the continued robust … Continue reading
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