Job Market Monitor
Politics & Policies
UK | A retreat on workfare would fail our young – Telegraph
It is one thing for the Conservatives to let the Liberal Democrats make the political weather. It is quite another to cede the terrain to the Socialist Workers Party. Yet this week, SWP activists have managed to whip up a storm of protest over the Goverment’s flagship work experience scheme, claiming – absurdly – that … Continue reading
Governors flank Obama on job growth pitch – Byron Tau – POLITICO.com
Democratic governors joined President Barack Obama Friday in full 2012 campaign mode, defending the president’s record on the economy. The governors, who met with Obama while in town for this weekend’s National Governor’s Association conference, touted job creation — long considered Obama’s top political vulnerability — as a political strength. They pointed particularly to growth … Continue reading
UK | Podcast | Fairness means giving people what they deserve, Cameron to tell Tory conference | Politics | guardian.co.uk
David Cameron once said that “fairness means giving people what they deserve”. It’s not a million miles away from the old slogan of “A fair day’s wage for a fair day’s work”. This week a Tesco store caused outrage when it advertised a permanent unpaid position on its night shift for applicants to the government’s … Continue reading
Young people will pay price of inaction on OAS: Finley | CTV Ottawa | CTV News
Human Resources Minister Diane Finley says immediate action is required to ensure younger Canadians won’t be struggling to support the nation’s rapidly aging population. Speaking to Toronto’s Canadian Club on Tuesday, Finley stressed the urgency of revamping Old Age Security lest younger Canadians be confronted with higher taxes or fewer social programs in the future. … Continue reading
China | Hu Jintao stresses employment
More effort needs to be put into bolstering China’s job market, President Hu Jintao has said. Hu, also general secretary of the Communist Party of China (CPC) Central Committee, made the remarks Monday at the 32nd group study of the Political Bureau of the CPC Central Committee. Increasing employment is key to guarantying and improving … Continue reading
President Obama proposed a job creation tax credit in his budget, but it is bad policy | Business | TIME.com
A tax credit? For small businesses? To create jobs? And raise wages? Wow! What a great idea! What’s not to like? Quite a bit, in fact. In his fiscal 2013 budget proposal, President Obama has suggested a temporary 10% tax credit designed to spur job creation and wage growth among small businesses. It’s a fine … Continue reading
White House – Obama did not stop Keystone Pipeline – Job Mouse
At the White House Daily Press Briefing Tuesday Carney said “The President didn’t turn down the Keystone Pipeline.” He said “There was a process in place with long precedent, run out of the State Department because of the issue of a pipeline crossing an international boundary, that required an amount of time for proper review … Continue reading
Zimbabwe | The scandal of the unwanted nurses « National « ZimEye
THE government announced recently that it does not have the capacity to hire and remunerate 2,000 state registered nurses who were issued with their diplomas in 2010 and 2011. This assertion, which amounts to an acceptance by the government that it is abdicating its duties, is in bad taste especially in view of the fact … Continue reading
Has Congress made the recession worse? CNN
Since the economy dropped off a cliff in 2008, members of Congress have not exactly been shy about casting blame for no-or-slow growth on a variety of bureaucrats, outside institutions and Wall Street power players. But if lawmakers are looking for an explanation as to why the recession lasted so long, they should look no … Continue reading
Barack Obama’s job – and yours – Opinion – Al Jazeera English
“No president since World War II has been re-elected with an unemployment rate over 7.2 per cent.” That’s a snippet of conventional wisdom that’s been floating around almost since the day that Barack Obama was inaugurated in January 2009, a month that ultimately closed out with an ominous unemployment rate of 7.8 per cent – … Continue reading
Ireland | Jobs plan is limited and won’t help grow new business, say experts – National News – Independent.ie
Taoiseach Enda Kenny last week ambitiously pledged to deliver more than 100,000 jobs by 2016 through a wide range of measures spanning 15 departments and 36 State agencies. And this weekend, the visit by Chinese Vice President Xi Jinping will focus on developing business opportunities between Ireland and China. Mr Kenny admitted last week that … Continue reading
Obama signs payroll tax agreement into law – CNN.com
President Barack Obama on Wednesday signed into law the agreement passed by Congress last week to extend the payroll tax cut and unemployment benefits while preventing a cut in payments to Medicare doctors. The signing, announced in a White House statement, resolves those issues for the rest of 2012, beyond the November election in which … Continue reading
Rep. Charles Rangel: Unemployment and Poverty in America
The recent payroll tax deal struck by Congress and signed by President Barack Obama will keep an average of $1,000 in the pockets of 160 million American families through 2012 in addition to enabling tens of millions of seniors to continue seeing the doctor of their choice under Medicare. It also provides unemployment benefits for … Continue reading
Note to Obama: Unemployment is up – Washington Times
The Obama administration keeps reporting supposed good news on the employment front. Americans sense that something is not quite right about the rosy official numbers, and a series of independent reports confirms their skepticism. On Feb. 16, the Congressional Budget Office (CBO) released a report on long-term unemployment showing that the past three years have … Continue reading
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