Job Market Monitor
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Talent War | The Mining Battle
Bruno Rizzuto’s father, Cesare, was 19 when he got off a boat in Halifax from southern Italy in 1951. With no coat, and “5 cents in his pocket” he headed for the gold mines of Timmins, Ontario, where he worked underground for 41 years. Six decades later Rizzuto, a Calgary-based recruiter, is looking for people like his … Continue reading
Hawker Beechcraft warns 350 employees of layoffs
Aircraft maker Hawker Beechcraft said it has given 60-day layoff notices to about 350 workers at its plant in Wichita. Monday’s letter from CEO Steve Miller and Chairman Bill Boisture told employees that market conditions require adjusting production to ensure the company remains competitive…. Source: Read More @ Hawker Beechcraft warns employees of layoffs | CJOnline.com.
Global skills gap leaves 10 million manufacturing positions unfilled says World Economic Forum in collaboration with Deloitte Touche Tohmatsu
The report,The Future of Manufacturing: Opportunities to Drive Economic Growth, by the World Economic Forum in collaboration with Deloitte Touche Tohmatsu Limited estimates that 10 million manufacturing jobs worldwide cannot currently be filled due to a growing skills gap. This shortage is pervasive despite the high unemployment rate in many developed economies where companies are struggling to … Continue reading
India | Infosys to cut in pay after salary freeze
Infosys will tell restive employees angry about a salary freeze that it will make steep cuts to their variable pay for the January-March quarter, risking an exodus of talent to greener pastures. India’s second-largest software exporter, which missed its revenue guidance for the final quarter, has decided that most of its employees will get only … Continue reading
Canada | Delaying OAS won’t keep skills in the labour force for long, sedentary and stressful jobs
The long, sedentary and stressful hours behind the wheel take a serious toll on truck drivers. In North America the average trucker dies at 61 years of age comments Linda Hall from Vancouver .They are lucky to see 65, much less 67. Nurses work 12-hour shifts, often graveyard shifts, on their feet all day, lifting and moving … Continue reading
Apple | 500 new jobs at European headquarters in Cork
The company plans to construct a three-storey office block next to its existing plant in the city to cater for the expansion of its business in Europe, the Middle East, India and Africa. Apple has been in Cork for 30 years and currently employs 2,800 people in the city. In the three months from October … Continue reading
U. S. Multinational Companies | Employment abroad increased 1.5 percent, to 11.0 million workers.
Worldwide employment by U.S. multinational companies (MNCs) increased 0.5 percent in 2010, to 34.0 million workers, with increases in both the United States and abroad. Employment in the United States by U.S. parent companies increased 0.1 percent, to 23.0 million workers, which contrasted with a 0.6 percent decrease in total private-industry employment in the United … Continue reading
Fisker | The real Karma is the taxpayer
Fisker Automotive, the startup hybrid-electric carmaker backed by the state and federal governments, has laid off another dozen workers at its Newport-area factory. The layoffs, which occurred quietly Friday, come as the company continues closed-door negotiations with the U.S. Energy Department for a loan that could determine whether Fisker ever builds a car in Delaware. … Continue reading
Employers and Young Talents | Do not rely on the market for talent writes ManpowerGroup
As a series of demographic and economic shifts intensely converge, creating a “Human Age,” a range of population groups are being alienated from work opportunities in the global economy writes ManpowerGroup in Wanted: Energized, Career-Driven Youth. (Adapted excerpts by Job Market Monitor following) Young workers are most affected and have been labeled a lost generation of … Continue reading
Soros | Euro crisis could destroy the EU
Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies. “I’m afraid that the euro crisis is getting worse. It’s not over yet, and it is going in the wrong direction,” Soros said in discussion with Denmark’s … Continue reading
U.S. Entrepreneurship | Immigrants were more than twice as likely to start businesses each month in 2011
The Kauffman Index of Entrepreneurial Activity is a leading indicator of new business creation in the United States and is presented a very comprehensive report. (Adapted Report excerpts by Job Market Monitor following) The Kauffman Index reveals important shifts in the national level of entrepreneurial activity and shifts in the demographic and geographic composition of new entrepreneurs across … Continue reading
Trends in Canada’s Payroll Taxes
This short paper is the first in a new Caledon series, caledon social statistics. Using a combination of illustrative graphs and explanatory text, the series will explore social programs, tax benefits and trends in low income and other major social and economic indicators. In addition to income taxes, Canadians pay employment-related taxes, known as payroll … Continue reading
11 Tips to ace a job interview over Skype
If you will be interviewed for a job via Skype and a webcam, here are 11 tips: Prepare Rehearse Use top technology Ready your résumé Ready your workspace. Tape interviews Be friendly Engage interviewers Speak slowly It ain’t over until it’s over Request travel reimbursement. Source: via How to ace a job interview over Skype … Continue reading
UK | Skills crisis writes Insider deputy editor Ben Pindar
Insider deputy editor Ben Pindar looks at the prospect of a skills crisis in the burgeoning digital sector. Earlier this year, I wrote here about how a skills crisis was holding back businesses in the region, particularly in the manufacturing sector. The piece followed an interview with Prime Minister David Cameron challenging him to tackle … Continue reading
U.S. Taxes Rates | Wealthiest pay 40% less than 50 years ago while middle class pay roughly the same
Michael Greenstone and Adam Looney of The Hamilton Project – Brookings Institute examine the progressivity of the U.S. tax code and highlight two facts: the current U.S. tax system is less progressive than the tax systems of other industrialized countries, and considerably less progressive today than it was just a few decades ago. The figure below shows how much … Continue reading
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