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Bombardier – 1,750 job cuts, 1,000 in Montreal and another 480 in Toronto
Bombardier Business Aircraft has announced it is cutting 1,750 jobs, including 1,000 in Montreal and another 480 in Toronto. The Montreal-based company said that current economic conditions and political turmoil in Russia, China, and Latin America have impacted the entire industry and has meant the company has had to reduce its production of its Global … Continue reading
US – The deadliest jobs
The U.S. Department of Labor tracks how many people die at work, and why. The latest numbers were released in April and cover the last seven years through 2013. Some of the results may surprise you. Chosen excerpts by Job Market Monitor. Read the whole story at The Deadliest Jobs in America | Bloomberg Business – Business, … Continue reading
April Job Report for Canada – Employment down by -20,000, UR held steady at 6.8% for the third consecutive month
Employment edged down in April (-20,000), as gains in full-time work were more than offset by losses in part time. The unemployment rate held steady at 6.8% for the third consecutive month. In the 12 months to April, employment increased by 139,000 (+0.8%), with all of the growth in full-time work. Over the same period, the total number of hours … Continue reading
US Job Report April 2015 – Total nonfarm payroll employment increased by 223,000, UR essentially unchanged at 5.4 percent
Total nonfarm payroll employment increased by 223,000 in April, and the unemployment rate was essentially unchanged at 5.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, and construction. Mining employment continued to decline. Household Survey Data In April, both the unemployment rate (5.4 percent) … Continue reading
Areva – To cut between 5,000 and 6,000 jobs, between 3,000 and 4,000 in France
Beleaguered French nuclear engineering firm Areva SA plans to reduce its global payroll by between 5,000 and 6,000 jobs as part of a cost-cutting effort after years of losses. The largely government-owned company has opened talks with labor unions to find ways to cut its payroll through voluntary departures, Areva’s head of human resources François … Continue reading
Siemens – To cut 4,500 jobs
Siemens reported Thursday it would need to cut a further 4,500 jobs as part of its global restructuring effort, with a view to making the company more competitive and profitable. It said 2,200 jobs would have to be slashed in Germany. Siemens noted on its website this morning that the move was primarily aimed at … Continue reading
Africa – Most of the world’s jobseekers will be there in the next 20 years
Globally, the number of people eager to get earning continues to grow year on year, and a new report from the IMF shows that in the next 20 years, most of the world’s jobseekers will be in Africa. “As both infant mortality and fertility rates decline, sub-Saharan Africa will become the main source of new … Continue reading
Canada in 2014 – Full time employment-increased by 158,000, mainly in Western Canada
Full-time and core-age employment advanced in 2014 While employment growth in 2014 was little changed from the previous year, both full-time work and employment among core-age workers strengthened in 2014 on gains in the second half of the year. Full time employment-increased by 158,000 in the year, up from 46,000 in 2013. Employment among core-age … Continue reading
China – Employment held up despite slower economic growth Vice Minister of Human Resource and Social Security says
China said on Friday that urban employment held up in the first quarter even as economic growth slowed to a 6-year low, but the labor ministry warned that authorities cannot be “blindly optimistic” as the pace of job creation is slowing. The urban unemployment rate was at 4.05 percent at the end of March, little … Continue reading
Oil and Gas Industry – 100,000 layoffs over oil price slump
Layoffs in the oil and gas industry are nearing 100,000 worldwide since oil price started declining late last summer, a report said. Oilfield service companies Schlumberger, Baker Hughes, and Halliburton announced layoffs of around 20,000, 10,500, and 9,000 employees respectively, while E&Ps BP and Chevron each announced layoffs approaching 10,000 of their employees, according to … Continue reading
Overweight – More than four in 10 respondents say they’ve gained weight at their current jobs
Here are the weighty facts: Almost 70% of Americans weigh more than they should. More than a third are obese and another 6% are classified as having “extreme obesity.” There’s no single reason behind these depressing statistics, but a new survey uncovers evidence that our jobs may contribute more to this situation than previously believed. … Continue reading
Dow Chemical – To cut up to 1,750 jobs
Dow Chemical Co. said Monday it would cut between 1,500 and 1,750 jobs, or about 3% of the global workforce, as part of a restructuring aimed at cutting costs by $300 million a year. Chosen excerpts by Job Market Monitor. Read the whole story at Dow Chemical to cut up to 1,750 jobs as part of cost-cutting … Continue reading
Express Entry in Canada – There are problems
In April 10, 2015, three foreign nationals became the first permanent residents (PRs) under Citizenship and Immigration Canada’s (CIC) new Express Entry system. In Citizenship and Immigration Canada’s related announcement, it indicates that two of the three new PRs were international students who qualified under the Canadian Experience Class category, touting this as evidence of … Continue reading
GM at Oshawa – To cut 1,000 jobs
General Motors expects to cut around 1,000 jobs at its Oshawa manufacturing plant by this November, the automaker said Thursday. The union representing the workers said it has been bracing for the cuts since 2012, when GM first announced it will move Chevrolet Camaro production from Oshawa to Michigan. But a heads-up doesn’t make bad … Continue reading
Bell Helicopter – To cut 1,100 jobs but still hiring in new plant in Lafayette
Bell Helicopter’s decision to cut 1,100 jobs from its global workforce will not affect the company’s plans to hire 115 employees at a helicopter assembly plant now under construction at Lafayette Regional Airport, a company official said Tuesday. The job cuts at Bell were announced Tuesday, along with disappointing first-quarter financial results. David Sylvestre, director … Continue reading
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