Job Market Monitor
Politics & Policies
Sanyo / Layoffs vs tax incentives
Five years ago, taxpayers provided more than $42 million in incentives to lure Sanyo Solar of Oregon to Salem. Tax credits, land write downs, grants and other incentives caused corporate decision-makers to look favorably on Salem. With many of those incentives, however, came conditions. Sanyo would have to hire a certain number of workers, pay … Continue reading
India / From Job Centres to Employability Centres
Minister for Labour and Rehabilitation Shibu Baby John on Saturday said that the employment exchanges in the state would be converted into Employability Centres with the introduction of the Additional Skill Enhancement Programme (ASEP). The project is aimed at converting Employment Exchanges into employment generation centres. These employability centres are being established to change the … Continue reading
Portugal / To cut 30,000 civil service jobs
Portugal is planning to cut 30,000 civil service jobs and to raise the retirement age by one year to 66 as it tries to meet the terms of a bailout. Prime Minister Pedro Passos Coelho said civil servants would also be required to work 40 hours a week instead of 35. The proposals, which would … Continue reading
I call on politicians to make every effort to relaunch the labour market says Pope Francis
Pope Francis on Wednesday urged political leaders to make every effort to create jobs and said unemployment was caused by economic thinking “outside the bounds of social justice.” “I call on politicians to make every effort to relaunch the labour market,” the pope told thousands of followers at his weekly general audience in St Peter’s … Continue reading
Canada’s Parents / Education to fill “skills gap” is risky
Employers say they can’t find workers for the jobs they do have, while our unemployment rate is not returning to pre-recessionary levels. We were curious about whether parents are paying attention to the debate on the “skills gap” and advising their children to think about the skilled trades or science careers. So we asked the … Continue reading
France / A law against industrial closures
The bill being presented is the fruit of repeated promises to pass a law to bar firms from shutting factories, as a stream of industrial layoffs has pushed jobless claims to an all-time high. Companies that shut down viable industrial sites in France rather than selling them could be fined if draft legislation by lawmakers … Continue reading
Merkel / The goal is not deficit or growth numbers but to get people back to work she says
German Chancellor Angela Merkel said at a joint news conference with her Italian counterpart that Europe must find ways to create jobs and spur investment. “Fiscal policy is not everything, of course. We do politics for people and people want jobs, which is why Europe has to manage to create employment and encourage investment and … Continue reading
Europe / Are leaders aware of the miseries of mass unemployment?
Unemployment in Europe is at record levels and rising. Five European leaders (Dijsselbloem, Rehn, Asmussen, Regling and Hoyer) declared in The New York Times (April 17) that their current policies of austerity bring: serious social challenges, notably in the form of unacceptably high unemployment. These challenges have to be addressed with determination. But there is … Continue reading
Canada’s New Rules / Hiring foreign workers should be ‘last resort’ says Kenney
The federal government plans to tighten up the temporary foreign workers program with new legislation that would require businesses to hire employees from abroad as a “last resort.” Ottawa wants to charge employers a new fee for labour market opinions and increase the existing fees for foreigners’ work permits. Immigration Minister Jason Kenney also announced … Continue reading
Denmark / The Danish record offers no support for the social-spending-hurts-growth position
Danes are neither lazy nor poor. Despite high marginal tax rates (or perhaps because of them) they are about as rich, on average, as Americans are. The World Bank estimates that gross domestic product per capita in Denmark for the 2008-12 period at $59,889, compared with $48,112 for the United States. Adjusted for differences in … Continue reading
Nigeria / Federal Government Plans to Create 5 Million Jobs By 2015
Dr Olusegun Aganga, the Minister of Industry, Trade and Investment, on Thursday said that the Federal Government was working to create at least five million jobs by 2015. Aganga, who stated this in Ibadan at the opening of the 6th National Council on Industry, Trade and Investment (NCITI-06), said it would be achieved with industrialisation … Continue reading
Spain / Should the euro be abandoned ?
The mind goes numb. Spanish unemployment jumped by another 237,000 people in the first quarter to 6.2 million, or 27.2 per cent. The country is losing 3581 jobs a day. There are 1.9 million households where no member of the family has a job. The unemployment rate has reached 36.8 per cent in Andalusia, Spain’s … Continue reading
France / Hollande will miss job target poll says as unemployment hits record level
An overwhelming majority of French people believe President Francois Hollande’s government will fail to reduce record high unemployment this year, a poll showed on Friday. The government is clinging to the Socialist leader’s pledge to revert a relentless unemployment rise even as data showed on Thursday that more people were jobless than any time on … Continue reading
US / Hearing on long-term unemployment: Who cares?
When the Joint Economic Committee’s hearing on fixing the nation’s problem kicked off on Wednesday, April 24, only one lawmaker was in attendance: Sen. Amy Klobuchar, the Committee’s vice chair who was holding the hearing. (Niraj Chokshi) It stands to reason that lawmakers who often decry the high jobless rate would want to be seen … Continue reading
Florida / Unemployment Regime Violates Civil Rights Says DOL
Florida violated federal civil rights law with its new and unusual requirement that unemployment claimants file online and take math and reading tests before they can receive benefits, the U.S. Labor Department determined this month. The department’s Civil Rights Center’s initial determination lays out the problems some non-English speakers and people with disabilities have encountered … Continue reading
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