Job Market Monitor
Politics & Policies
Unemployment Stat | Tea Party | Can we call this the “truth in government statistics” law?
There are lies, damn lies and then there are the unemployment statistics given to us by the Obama Regime. If you believe the unemployment numbers the Obama Regime is giving us, I have some ocean front property in Nashville I would like to sell you. However, if at least one Republican (Rep. Duncan D. Hunter … Continue reading
Job Report | There is more work to be done says the White House | Bernanke is Right
The Employment Situation in March | The White House There is more work to be done, but today’s employment report provides further evidence that the economy is continuing to recover from the worst economic downturn since the Great Depression. It is critical that we continue to make smart investments that strengthen our economy and lay a … Continue reading
U.S. | Jobs Act Get Mixed Reviews
JOBS Act Signed Into Law With Mixed Reviews Source: Think JOBS Act Means Wild West Is Back? Think Again – Business News – CNBC Any U.S. corporate executives who think they can use the Jobs Act’s relaxed rules for public listing to cut corners on accounting and disclosure may want to think again. The Act, … Continue reading
Canada | Fast track for skilled immigrants
The federal government plans to create a global job bank to bring in more skilled foreign workers, while using a new technique to end the “bizarre” situation in which low-skilled temporary foreign workers are hired in Canadian communities with double-digit unemployment, Immigration Minister Jason Kenney said Friday. The job bank idea, modelled after New Zealand’s … Continue reading
Australia’s unemployment benefits | Bad and getting worse
“A report on inequality to be delivered to Treasurer Wayne Swan this morning will label Australia’s welfare system one of the best and most efficient in the developed world, with the exception of unemployment benefits which are the worst relative to community standards and shrinking” writes Peter Martin. The report, to be unveiled just after Mr … Continue reading
India | Higher Education : In need of a sustainable policy
“India does not have a credible and sustainable public policy on higher education (HE) even after 64 years of independence,” said Prof M Anandakrishnan, chairman, IIT Kanpur. He was delivering the keynote address at a symposium on ‘Public Policy and Governance’ organized by the School of International Relations and Politics (SIRP), MG University on Thursday. … Continue reading
Canada | Budget | DND cuts account for one-fifth of federal budget cuts over next three years – Winnipeg Free Press
Roughly one-fifth of all federal cuts over the next three years will come out of the Defence Department, the budget tabled Thursday by Finance Minister Jim Flaherty indicates. It is a substantial hit for a department that for many years saw generous increases under the Harper government and whose budget had approached $21.2 billion last … Continue reading
China | Quality is Job No 1
China Daily: The most important task facing China’s economy in 2012 is to improve the quality of economic growth, including energy conservation, emissions reduction, and industry restructuring, said renowned economist Li Yining, a member of the Chinese People’s Political Consultative Conference, at a panel discussion of economic experts on Tuesday. The 2011 Central Economic Work Conference, … Continue reading
Layoffs by governments at local level hardly help job recovery and investment in education is falling by the way
Layoffs at the local level, by local administrations, we could say, by local government, are so numerous that we could post them on a separated blog. This hardly helps job recovery. Moreover, investment in education is falling by the way. Krugman thinks it is bad politics and we agree. …If it weren’t for this destructive … Continue reading
U.S. | Disabled | Federal contractors | Target on the Drawing Table
Employers and business groups are trying to stop an Obama administration effort that calls for federal contractors to hire a minimum number of disabled workers and could penalize those who don’t by revoking their contracts. The proposal could reshape hiring at roughly 200,000 companies that generate $700 billion a year in contracts with the federal … Continue reading
Germany | The roots of the German miracle – apprenticeship – is not the only factor
In a provocative paper, Hermann Gartner[i] and Christian Merkl[ii] attribute the so-called German miracle to its “wage moderation” that was the result of labour-market policies in the years preceding the global crisis – a point that is often ignored in the public debate. It could well be that apprenticeship is not the only factor. “While the US … Continue reading
UK | The Trouble With Apprenticeship – Do You Remember The Wolf Report ?
Apprenticeships face ‘identity crisis’, according to Forum of Private Business writes HR Magazine The Forum of Private Business yesterday warned a group of MPs that apprenticeships are facing an ‘identity crisis’, with business owners in certain sectors concerned that shorter schemes do not provide the same value as longer courses. The Forum’s senior policy adviser Alex … Continue reading
European Social Partners Agree To Focus On Growth, Jobs, Strong Investments
The European social partners (ETUC, BUSINESSEUROPE, CEEP and UEAPME) agreed on the need for an urgent focus on growth and jobs and strong investments to support recovery. During their meeting preceding European Union summit in Brussels on Thursday, the European social partners presented their joint work program for 2012-2014, which includes, among others, a joint … Continue reading
UK | Unpaid work experience | Boots leaves scheme for long-term unemployed
Boots says it is withdrawing from the government’s scheme to help the long-term unemployed find work. It comes on the same day that ministers had to drop sanctions from a separate scheme that offers work experience to younger jobseekers. Boots said that it would no longer be offering any new placements on the work programme, … Continue reading
FED | Slow progress ahead on jobs | Reuters
Federal Reserve Chairman Ben Bernanke on Wednesday offered a tempered view of the U.S. economy, pouring cold water on the notion that recent upbeat signs herald a stronger recovery. Bernanke told Congress that unless growth accelerated, the unacceptably high U.S. unemployment rate would not keep dropping. But he stopped short of signaling further Fed bond … Continue reading
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