Business

This tag is associated with 1584 posts

Job Report in US, October 2016 – Total nonfarm payroll employment rose by 161,000

Total nonfarm payroll employment rose by 161,000 in October, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, professional and business services, and financial activities. Household Survey Data The unemployment rate, at 4.9 percent, and the number of … Continue reading

Job Growth in US – Startup businesses at historically low rates

The U.S. economy is inching along, productivity is flagging and millions of Americans appear locked out of the labor market. One key factor intertwined with this loss of dynamism: The U.S. is creating startup businesses at historically low rates. The American economy has long relied on fast-growing young companies to fuel job growth and spread … Continue reading

The Future of Jobs – Rethinking education systems, incentivizing lifelong learning and cross-industry and public-private collaboration

The impact of technological, demographic and socio-economic disruptions on business models will be felt in transformations to the employment landscape and skills requirements, resulting in substantial challenges for recruiting, training and managing talent. Several industries may find themselves in a scenario of positive employment demand for hard-to-recruit specialist occupations with simultaneous skills instability across many … Continue reading

Apprenticeships and UK’s Businesses – £1.8 billion of net economic benefits, around £2,000 per apprentice but many organisations appear unaware of the full apprenticeship offer

Apprentices delivered around £1.8 billion of net economic benefits to UK organisations last year according to the latest research from the Association of Accounting Technicians (AAT), the UK’s leading qualification and membership body for accounting staff. The report, compiled by the Centre for Economics and Business Research (Cebr), found that apprentices offer UK businesses a … Continue reading

The Work Gap in US – Lower-income men’s work rates have declined by 11 percentage points

The decline in labor force participation rates has been widely documented, but the growing gulf in the work gap between the bottom third and the rest of the population is truly striking:While the share of men who are employed in the top two-thirds has been quite stable since 1980, lower-income men’s work rates have declined … Continue reading

Newspaper Publishing in US – From 458,000 to 183,000 jobs between 1990 and 2016

Few industries have been affected by the digital or information age as much as newspapers and other traditional publishing industries (books, magazines, etc.). In June 1990, there were nearly 458,000 people employed in the newspaper publishing industry; by March 2016, that figure had fallen to about 183,000, a decline of almost 60 percent. Over the … Continue reading

Job Outlook in Alberta’s Oil Sand Sector – A decrease of 84% of on-site construction jobs by 2020

In today’s economic environment, fluctuations in oil prices are resulting in regular revisions of capital and operating expenditure projections. This report, together with other industry and sectoral employment outlooks to be released in 2016, serve to provide projected employment based on 2015 spending projections, as well as forecasted production volumes released by the Canadian Association of Petroleum … Continue reading

Immigrant in Canada – Their propensity to own a private incorporated business surpasses that of the comparison group

Data from the Labour Force Survey indicate that in 2009, 17.5% of immigrants aged 18 to 69 were self-employed compared with 14.4% of the Canadian-born population. However, self-employment can mean many things, from owning and managing a large private incorporated company with many employees to pursuing an unincorporated activity a few hours a week after … Continue reading

Business in the pacific is hard, but it’s a lot harder for women

Women in the Pacific, like in other less-developed regions, face two sets of challenges to realizing their economic potential. They share hardships stemming from geography, limited infrastructure and services, and a dearth of economic opportunities that hinder economic development throughout the region. But they must also contend with a series of barriers—systemic, legal, and institutional—that compound … Continue reading

Skills Gap in US – An employer-driven talent supplier recognition and certification system is needed US Chamber of Commerce says

There is no time to waste. The skills gap continues to worsen while government policies to improve employer responsiveness through accreditation reform continue to fall short. More employers and business and industry associations now see the need and opportunity to explore an employer-led solution during a time of growing debate on the role of government … Continue reading

Toshiba – To cut 7,000 jobs in PC and TV units

Japan’s Toshiba Corp (6502.T) said on Monday it will cut nearly 7,000 consumer electronics jobs after a $1.3 billion accounting scandal, in an overhaul that will streamline the sprawling conglomerate into a company focused on chips and nuclear energy. Toshiba also said it would sell its television manufacturing plant in Indonesia, and that eventual job … Continue reading

Royal Dutch Shell – To cut around 2,800 jobs

Royal Dutch Shell Plc said it would cut about 2,800 jobs to meet a pledge of reducing operating costs by $3.5 billion following its takeover of BG Group Plc. That equates to 3 percent of Shell and BG’s combined workforce as The Hague-based company consolidates offices and its administration structure once the acquisition is completed, it … Continue reading

Toshiba – To cut up to 7,000 jobs

Toshiba Corp is looking to cut up to 7,000 jobs, as it looks to streamline operations in the wake of an accounting scandal, the Nikkei business daily reported. Most of the 6,000-7,000 job cuts will be in the company’s lifestyle segment, which includes consumer appliances, the newspaper said. Toshiba is also looking to “drastically” reduce … Continue reading

Mining – Anglo American to Cut 85,000 Jobs 

The pain among energy and mining producers is growing more acute as prices of global commodities continued their collapse on Tuesday.The newest victim is the London-based mining firm Anglo American. On Tuesday, the company announced a drastic restructuring, which includes expanding job cuts, suspending its dividend, reducing its business unit and cutting its assets. Anglo … Continue reading

Lloyds – To cut 945 jobs

Lloyds Banking Group Plc, Britain’s largest mortgage provider, plans to eliminate a net 945 jobs across operations, including staff at its branch network, as part of broader cost cuts announced last year. The cuts are part of a plan to pare about 9,000 jobs by 2017, the London-based bank said on Thursday. The job losses … Continue reading

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