Job Market Monitor
Politics & Policies
GOP House Minority Leader Jones reacts to Gov. Patrick’s proposition and pushes review of unemployment insurance
House Minority Leader Brad Jones is pushing his own effort to reform the state’s unemployment-insurance system, saying he has little confidence that Gov. Deval Patrick’s hand-picked, Democrat-heavy commission is up to its task. In a budget amendment now on its way to the Senate, Jones (R-North Reading) calls for an 11-member squad that would review … Continue reading
UPDATE | The cry of an innocent | David Cameron is disappointed by his “remarkable achievement”
Cameron’s Remarkable Achievement – NYTimes.com When David Cameron became PM, and announced his austerity plans — buying completely into both the confidence fairy and the invisible bond vigilantes — many were the hosannas, from both sides of the Atlantic. Pundits here urged Obama to “do a Cameron”; Cameron and Osborne were the toast of Very … Continue reading
Stiglitz reiterates : Austerity Pushes Europe ‘Suicide’
Europe Pushed to ‘Suicide’ on Austerity, Stiglitz Says – Bloomberg Nobel Prize-winning economist Joseph Stiglitz said Europe is in a “dire” situation as a focus on austerity pushes the continent toward “suicide.” “There has never been any successful austerity program in any large country,” Stiglitz, 69, told reporters in Vienna yesterday. “The European approach definitely … Continue reading
Germany enlarges coverage of minimum wage
German Chancellor Angela Merkel’s conservatives have agreed plans to introduce a mandatory minimum wage for sectors of the economy that do not already have one, in the latest policy shift to try to win over left-leaning voters before next year’s election. Merkel’s Christian Democrats (CDU) have long opposed a blanket minimum wage, arguing that it … Continue reading
North Carolina Extended Employment Benefits To End In May
Based on notification from the U.S. Department of Labor, North Carolina is no longer eligible for the Extended Benefits program. The last payable week of the Extended Benefits program will be the week ending May 12, 2012. Workers who file their claim through the Extended Benefits program will no longer be eligible to receive extended … Continue reading
TransHub Ontario aims to add 5,000 jobs by 2015
A regional transportation advocacy group should target large manufacturers, trucking companies and warehouses in the GTA to sell them on moving west to get out of gridlock. That’s one of the recommendations of a new report laying out the action plan for the next three years of TransHub Ontario. The year-old group aims to capitalize … Continue reading
The cry of an innocent | David Cameron is disappointed by UK double-dip recession
Britain’s return to recession is “very, very disappointing”, Prime Minister David Cameron said today, but he insisted the Government will stick to its programme of austerity and deficit reduction. The Office for National Statistics today announced the 0.2% decline in gross domestic product (GDP) in the first quarter of the year which, after a fall … Continue reading
Renewable Energy Corp Closes Norway Solar Wafer Plant and Eliminates 460 Jobs
Renewable Energy Corp ASA (REC), Europe’s second-largest polysilicon producer, is closing its second wafer factory in five weeks after competition from Chinese rivals drove down prices by more than two-thirds for the material used in solar panels. REC will cease production at the plant in Heroya, Norway, in the second quarter, eliminating 460 jobs, REC … Continue reading
Top Republicans Say America ‘May Never Recover’ from President Obama
America’s top two Republican leaders fired blistering broadsides Tuesday at President Barack Obama, saying that the president had made the economy and the future worse and that the United States “may never recover.” House Speaker John Boehner (R-Ohio) laid down the starkest warning, telling Fox News, “America can’t live for four more years with Barack … Continue reading
A strong Euro | Is it only pride with prejudice ?
Why the Euro is kept too stong and is not at par with the U.S. $. Is it only a question of pride, with its immense prejudice in human terms ?
What is the price to save the Euro : Isn’t Worth Saving writes Matthew O’Brien
Welcome to life in a suboptimal currency area. After all, countries that share a currency also share monetary policy. If they don’t share fiscal policy too — that is, there is no centralized treasury — they can get into trouble. Just ask Europe. But as Christian Odendahl at The Economist points out, this also means that … Continue reading
Obama must offer bold plan to fix economy in 2nd term says Robert Reich
President Barack Obama’s electoral strategy can best be summed up as: “We’re on the right track, my economic policies are working, we still have a long way to go but stick with me and you’ll be fine.” That’s not good enough. This recovery is too anemic, and the chance of an economic stall far too … Continue reading
ILO and World Bank report on government actions against the Great Recession
The International Labour Organization and the World Bank released a joint report and new online data tool with the first comprehensive stocktaking of countries’ jobs-related policy responses to the recent global financial and economic crisis. A follow-up to a request from leaders at the 2009 G20 Pittsburgh Summit, the report, Inventory of Policy Responses to … Continue reading
Europe | Promoting of job creation and labour demand – We hope so!
“The European Commission and I do not believe that the European social model is dead,” European Commission President Jose Manuel Barroso told the European Parliament on 18 April. The same day the Commission adopted a package of documents dedicated to creating jobs and achieving higher employment in the EU. The Commission proposes specific measures to … Continue reading
Blueprint to Transform Career and Technical Education – U.S. Department of Education
Today U.S. Secretary of Education Arne Duncan will visit the Des Moines Area Community College in Ankeny, Iowa, to release the Obama Administration’s blueprint for transforming Career and Technical Education (CTE), by reauthorizing the Carl D. Perkins Career and Technical Education Act of 2006. Secretary Duncan will hold a town hall to discuss how the … Continue reading
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