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US – Nearly 60 percent of U.S. chief financial officers say their firms are not adapting to attract millennial workers
Nearly 60 percent of U.S. chief financial officers say their firms are not adapting to attract millennial workers – thoseunder age 35. While millennials offer technological and creative advantages, they tend to be less loyal to the company and require more management oversight, some CFOs say. CFOs in the U.S. also expect employment to increase … Continue reading
Mining – Anglo American to cut about 60,000 jobs by 2017
Global miner Anglo American said on Tuesday it aimed to slim down its workforce and warned of a delay in reaching a key return on capital target due to weaker metal prices, putting its long-term revamp strategy in doubt.The company said by 2017 a programme of divestments and productivity improvements would leave it with around … Continue reading
BP – Thousands of job cuts to come
BP will cut thousands of jobs cut across its global oil and gas business by the end of next year in a $1 billion restructuring programme announced on Wednesday following steep falls in oil prices. The British oil major said it was also considering deeper cuts to its 2015 budget beyond the $1-$2 billion reduction … Continue reading
Skills Gap in UK – Foreign bricklayers on £1,000-a-week
Building companies in London have hired Portuguese bricklayers on £1,000-a-week wages because of a shortage of skilled Britons, a recruitment firm has said. The finding was revealed by Manpower, whose research is said to have confirmed industry fears of a lack of suitably-trained workers. Manpower managing director Mark Cahill said he was told the normal … Continue reading
The Skills Gap in Cyber Security – 300,000 to 1,000,000 current positions are vacant
The information security profession, which evolved largely in reaction to threats, is now paying the price of an entire “missing generation.” Companies are challenged finding pros with the combination of business and technical savvy that is needed to combat growing threats. Compounding this problem, educational institutions are not graduating enough students with the necessary skills … Continue reading
2014 University Ranking by Times Higher Education – Cambridge has replaced Oxford
The University of Cambridge has replaced the University of Oxford at the top of a global ranking that measures how universities perform on graduate employability. The Global Employability University Survey 2014 has 13 UK institutions making the top 150 of the list, with University College London and Imperial College London joining the Oxbridge institutions in … Continue reading
Workplace Sexual Harassment in Canada – 60 per cent chance employer won’t take any concrete action or will dismiss survey finds
Most people who experience workplace sexual harassment or non-consensual sexual contact in Canada never report it to their employer, to a large degree out of fear or shame, a new survey suggests. For those who do report it, there is a 60 per cent chance their employer won’t take any concrete action or will dismiss … Continue reading
November Job Report in Canada – Employment was little changed
Following two months of notable gains, employment was little changed in November. The unemployment rate increased 0.1 percentage points to 6.6%. Compared with November 2013, employment increased by 146,000 (+0.8%), with part-time and full-time work up 1.9% and 0.6% respectively. Over the same period, the total number of hours worked was little changed (+0.1%). In the six months to November, employment grew by … Continue reading
November Job Report in US – Total nonfarm payroll employment increased by 321,000, highest since January 2012
Total nonfarm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains were widespread, led by growth in professional and business services, retail trade, health care, and manufacturing. Household Survey Data In November, the unemployment rate held at 5.8 … Continue reading
Healthcare in US – The best jobs for 2015
Job prospects across the entire healthcare sector are expected to grow through the next decade as more Americans gain access to health insurance and providers add staff to meet the demands, according to the U.S. Bureau of Labor Statistics (BLS). Healthcare employment remained strong through the recession, and has continued to grow this year, with … Continue reading
GlaxoSmithKline (GSK) – To cut 900 research and sales jobs
GlaxoSmithKline (GSK.L) is to shed hundreds of U.S. commercial and research jobs, restructuring operations in its biggest market where drug sales are flagging. A total of 900 posts will be eliminated at GSK’s Research Triangle Park site in North Carolina as drug research is consolidated in Philadelphia and in Stevenage, near London, according to a … Continue reading
Toyota in Australia – To cut 2,600 jobs
Japanese auto major Toyota Motor Corp. (TM: Quote) Wednesday said its production and sales subsidiary in Australia, Toyota Motor Corp. Australia Ltd. or TMCA, would consolidate its corporate functions in Melbourne, that will lead to closure of operations in Sydney. Toyota Motor noted that TMCA’s new business structure will be from 2018 onward. According to … Continue reading
ADP US National Employment Report, November 2014 – 208,000 jobs in the private sector
Private sector employment increased by 208,000 jobs from October to November according to the November 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. The report, … Continue reading
Immigration in Canada – Launching Express Entry
Canada’s Citizenship and Immigration Minister Chris Alexander today confirmed it’s one month and counting until Express Entry launches a new phase of active immigration recruitment to meet economic and labour market needs. Potential candidates can create their profile on January 1st, 2015, with the first Invitations to Apply issued within weeks. Express Entry will help … Continue reading
Canada – Inequality is growing
The data is in: the rich are getting richer in Canada, and their slice of the pie shows no sign of shrinking. Increasingly, economists are calling for action to even things up. “We have data on income concentration [in Canada] over the last 30 years,” said Kevin Milligan, a professor of economics at the University … Continue reading
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