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US – Unemployment has not recovered in 95 percent of county economies to pre-recession levels
County economic trends are an essential measure of the well-being of county residents. The conditions of a county economy can constrain and challenge county governments, residents and businesses, while also providing opportunities. This analysis of county economic conditions identifies patterns of growth and recovery in 2014 across the 3,069 county economies by examining annual changes in … Continue reading
UK – Half expect to retire later Department for Work and Pensions finds
Over half (56%) of UK pre-retirees have changed their mind over the last few years about when they expect to retire, government research reveals. Almost half (49%) of respondents thought they would retire later than previously expected, with just 7% anticipating an earlier retirement than before. The majority of respondents predicting a later retirement were … Continue reading
Zimbabwe – Banks cut 1,000 jobs last year, union says
Banks in Zimbabwe cut 1,000 jobs last year, eliminating one post out of every six in the southern African country’s banking industry, a union official said. ZB Bank Ltd. eliminated 500 positions, while Steward Bank Ltd. and AfrAsia both trimmed 83, said Shepard Ngandu, assistant secretary general of the Zimbabwe Banks and Allied Workers Union. … Continue reading
UK – Jaguar Land Rover to create 1,300 jobs
Jaguar Land Rover (JLR). Though it’s now owned by the Indian conglomerate Tata, JLR employs more than 30,000 people in the UK and is growing fast. Today it announced it’s set to take on 1,300 new staff at its Solihull plant, who will work on a new Jaguar ‘crossover’ SUV model, a 4×4 based on … Continue reading
Evernote – Nearly 20 layoffs
According to a report from The Verge, Evernote, the mobile application that makes many of our lives far easier, has been hit with layoffs. The company has reportedly let go of nearly 20 employees from offices around the world in an effort to focus their attention to development efforts within Redwood City and Zurich. It’s … Continue reading
US Job Report – A strong December result and the best year for the labor market since 1999
Total nonfarm payroll employment rose by 252,000 in December, and the unemployment rate declined to 5.6 percent, the U.S. Bureau of Labor Statistics reported today.Job gains occurred in professional and business services, construction, food services and drinking places, health care, and manufacturing. Household Survey Data The unemployment rate declined by 0.2 percentage point to 5.6 … Continue reading
Canada Job Report – Virtually unchanged on both fronts
Employment in December was virtually unchanged (-4,300), as gains in full-time work were offset by losses in part time. The unemployment rate remained at 6.6%. Employment gains in 2014 amounted to 186,000 (+1.0%), with increases in the second half of the year accounting for most of the growth. Compared with 12 months earlier, the total number of hours worked increased by 0.7%. Chart 1 … Continue reading
US – Good signs for Job Report : Jobless Claims Drop and Private sector employment increased by 241,000 jobs says ADP
Fewer Americans filed for unemployment benefits last week as labor-market tightening compelled employers to hold on to seasonal hires. Jobless claims decreased by 4,000 to 294,000 in the week ended Jan. 3, the Labor Department said today in Washington. The median forecast of 45 economists surveyed by Bloomberg called for a decline to 290,000. Chosen … Continue reading
Workplace – The “loungebrary” combines lounge and library function
At CBRE’s new headquarters in downtown Los Angeles, employees do not have assigned desks and can set up a workstation wherever they choose. Legal assistant Nicholas Watson likes to drop anchor at the hand-carved, 18-feet-long wooden table in the kitchen. It’s a pleasant space that provides chance interactions. “Ordinarily, you wouldn’t be encouraged to mingle … Continue reading
France – Unemployment reached a record high of 3.488 million people in November
Unemployment in France reached a record high of 3.488 million people in November, data released on Wednesday (24 December) shows. French unemployment is rising, but Spain and Greece fare worse (Photo: UNI La fédération de la droite dans l’éducation) The figures mark an increase of 27,400 jobless compared to the previous month and an increase … Continue reading
2015 in US – The Year of the Minimum Wage
A lot has happened in America this year. But economics columnists might well dub this “the Year of the Minimum Wage.” The year started off with a hike to $15 an hour in the area around Sea-Tac Airport; by June, Seattle’s City Council had followed suit, passing a similar increase that phases in gradually. Chicago is raising … Continue reading
Twitter – Top 10 job search and career advice
For the very best Twitter has to offer in job search and career advice, check out these 10 accounts. @Absolutely_Abby @AlisonDoyle @CareerBliss @CareerBuilder @careersherpa @CreativeGroup @dailymuse @JobSearchAmanda @OfficeTeam @USNewsCareers Chosen excerpts by Job Market Monitor. Read the whole story at Career Twitter Accounts for Job Seekers to Follow.
Canada – Fewer Employment Insurance claims in October
Nationally, there were fewer Employment Insurance claims in October compared with September, down 1.7% to 220,200. The number of claims provides an indication of the number of people who could become beneficiaries. Provincially, claims fell notably in Alberta (-6.3%), Saskatchewan (-5.7%), British Columbia (-3.7%) and Manitoba (-3.3%). There were also fewer claims in Newfoundland and Labrador (-1.6%), … Continue reading
Jobless Claims in US – At seven-week low
Initial claims for U.S. unemployment-insurance benefits fell to the lowest tally in seven weeks, signaling a slower pace of layoffs, according to government data released Wednesday. The number of people who applied for U.S. unemployment-insurance benefits fell by 9,000 to 280,000 in the week that ended Dec. 20, , the U.S. Labor Department reported. That … Continue reading
Symantec – To cut nearly 10%, or 2,000 employees
In its 2Q15 earnings results, Symantec Corporation (SYMC) announced headcount reductions of nearly 10%, or 2,000 employees. The company stated that the layoffs are part of the company’s restructuring process. The restructuring news comes ahead of the company’s plans to split into the following two companies: security and document storage. The split is expected to … Continue reading
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