Job Market Monitor
Australia
Staples | 500 layoffs, 200 in United States
Office supply giant Staples Inc. said Wednesday that it has cut 500 jobs worldwide as first-quarter profit fell 6 percent to $187 million. The Framingham chain eliminated 200 positions in North America, including a majority at its headquarters, as well as at an office in Toronto. Staples declined to identify how many people lost their … Continue reading
Australia | 4200 goverment jobs slashed
Thousands of Canberra-based public servants will lose their jobs to help get the economy back in the black, under a federal budget that pushes a new round of middle-class welfare initiatives. In the biggest attack on the federal bureaucracy since the late 1990s, when John Howard came to power and put the ACT into recession, … Continue reading
Brain Drain | India top exporter of skilled immigrants to Australia
India has climbed to the top of the charts as the top source country for skilled permanent migrants to Australia. Chris Bowen, the Australian immigration minister who is visiting India, told TOI, “The strongest link between Australia and India is peopleto-people through immigration . India has for several years been our third largest source of … Continue reading
Australia | At least 500 layoffs in TAFEs
At least 500 jobs could be slashed from Victorian TAFEs (JMM: the largest vocational education and training provider in Australia) and there are concerns schools in poorer areas will struggle under measures announced in the state budget. The government will slash spending on four in five vocational courses as part of $100 million in cuts to skills … Continue reading
Australia | Optus cuts 750 jobs
Optus, Australia’s second-biggest telco, said today it will cut 750 jobs over coming months in a major restructure of its business designed to boost profitability. The company said the job retrenchments – amounting to about one in 12 Optus jobs – will come “from senior and middle management as well as operations, back office and … Continue reading
Update | Qantas to cut up to 1,000 jobs
Qantas to cut 400 jobs in Australia, 600 more in danger -media | Reuters Australian carrier Qantas will cut 400 jobs at its heavy maintenance base near Melbourne airport and 660 workers at another base are also at risk, media reports said on Tuesday. A Qantas spokeswoman confirmed a review of the carrier’s three existing … Continue reading
Qantas to axe over 1,000 jobs
QANTAS will axe 400 jobs at its Tullamarine heavy maintenance base and 660 workers at Avalon are also at risk. Source: via Qantas to axe 400 Tullamarine workers with another 660 jobs at Avalon in danger | Herald Sun.
Australia | NAB to cut 1,400 jobs in UK by 2015
NAB, which has been reviewing its UK unit that comprises over 300 Clydesdale and Yorkshire branches, said it planned to cut 1,400 jobs in UK by 2015, close some back offices and move the vast majority of the UK unit’s commercial real estate exposure valued at 6.2 billion pounds ($10.07 billion) to the parent. NAB … Continue reading
The Talent War | The Mining Battle | The case of Australia
Shortages of skilled labour – in fact, any labour at all – in mining regions drives wages and salaries to stratospheric levels, in turn bidding up prices for accommodation, food and local services. This makes life very difficult for individuals and families who do not benefit directly from inflated incomes and yet also face inflated … Continue reading
Australia | Finance Industry Has Lost 3k Jobs in the first 4 months of 2012
A shocking 3000 jobs have been lost in Australia’s finance industry in the first four months of the year according to the National Secretary of the Financial Services Union. Though the majority of these jobs were lost in the first six weeks of the year, with the announcement from the Australia & New Zealand Banking … Continue reading
Toyota began axing 350 jobs in Melbourne
Dozens of sacked Toyota workers who were marched from their workstations by security guards will fight to get their jobs back. Toyota began axing 350 jobs at its Altona plant in Melbourne on Monday in response to weak export sales impacted by the high Australian dollar. Most of the workers were unwillingly retrenched and 80 … Continue reading
Australia | ANZ cuts 230 jobs
ANZ will axe 230 roles from its wealth management division as part of the 100 job cuts it announced earlier in 2012. An ANZ spokesman said staff in its Australian wealth business were told on Wednesday that 230 positions would be made redundant. The axed positions are part of the 1,000 job cuts the bank … Continue reading
Australian unemployment steady at 5.2% and seasonally adjusted employment expanded strongly in March, increasing by 44,000 (well above all market expectations) and employment to a record level
Australia’s unemployment rate held steady at 5.2 per cent in March, data showed Thursday, beating expectations, while 44,000 jobs were created — almost eight times the number forecast. The news sent the Australian dollar high against the greenback on receding expectations of an interest rate hike. The Australian Bureau of Statistics (ABS) said the seasonally … Continue reading
OECD | Vocational Education and Training : Strengths, Challenges and Recommendation: Australia, Austria, Belgium, Chile, China , Czech Republic, Germany, Hungary, Ireland, Korea, Mexico, Norway, Sweden, Switzerland, United Kingdom, United States (South Carolina and Texas)
The OECD publishes a series of summary sheets on education and training (VET) in Australia, Austria, Belgium, Chile (also in Spanish), China (also in Chinese) , Czech Republic, Germany, Hungary, Ireland, Korea, Mexico, Norway, Sweden, Switzerland, United Kingdom, United States (South Carolina and Texas). Each of them deals with strengths, challenges and advances recommendations. Australia … Continue reading
Australia | Skills Gap | Still Needing US Workers
There is a “healthy” number of apprentices in the construction industry of a “very high quality” in Australia, industry and training groups have assured, despite the fact the government announced plans to meet a skilled workers shortage earlier in the week. On Monday the Federal Skills Minister Chris Evans announced that the government will link … Continue reading
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