Job Market Monitor
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Employer Tax Credits May Be a Useful Policy Tool
The 2007 Expansion of the Work Opportunity Tax Credit (WOTC) Program Increased Employment Among Disabled Veterans concludes Paul Heaton in The Effects of Hiring Tax Credits on Employment of Disabled Veterans published by rand.org. (adapted excerpts by Job Market Monitor to follow) Among the myriad federal programs available to assist unemployed veterans, few have been subjected to the rigorous empirical evaluation … Continue reading
India | Textile sector loses 100,000 workers to NREGA in 5 years
The country’s biggest man-made fibre industry in the city, which contributes to about 40 per cent of the nation’s man-made fabric demand, is facing an acute shortage of workers. A huge chunk of skilled workers from states like Bihar, Uttar Pradesh, Orissa and Andhra Pradesh employed in the weaving and processing sectors have shifted to … Continue reading
Business School Grads | 6 Résumé Writing Tips
If you’re nearing your degree’s completion and beginning the job hunt, then it’s imperative to perfect the document that best sells and summarizes your professional qualifications. Career experts offer these six résumé-writing tips for you: 1. Use Situations, Tasks, Actions (STAR) as a formatting guide 2. Stick to one page 3. Ditch the objective 4. Place … Continue reading
India | Infosys to hire 35,000
Country’s second largest IT firm Infosys on Friday said it will hire 35,000 people this fiscal, including 13,000 for its BPO operations. “We are going to add 35,000 more people next year, which includes 13,000 people for the BPO operations,” Infosys Member of the Board and Chief Financial Officer V Balakrishnan said. Infosys and … Continue reading
U.S. IT Jobs Return to 2008 Level
Tech-related jobs in the U.S. have recovered back to their pre-recession levels, with total people employed in IT above 4 million again, according to data in the Bureau of Labor Statistics’ surveys of U.S. households in the first quarter of this year. U.S. IT employment is at an estimated 4.04 million, according to the first … Continue reading
British Airways | 1,200 UK redundancies but hopes over Glasgow jobs
British Airways has said it will look to create jobs at its engineering facility in Glasgow, after owner IAG announced its purchase of airline BMI could lead to 1,200 UK redundancies. British Airways has said it will look to create jobs at its engineering facility in Glasgow, after owner IAG announced its purchase of airline … Continue reading
Local Brain Drain | Rochester seeks to end brain drain
Sarah Skelly, a 2011 graduate of Alfred State College’s technology management program, is looking for a job, preferably in Rochester. “I hope to stay here. I want to stay here,” Skelly said. “I love the community. I just need a job.” She was just the type of job seeker organizers hoped to attract Wednesday evening … Continue reading
Sony Confirms 10,000 Layoffs
Confirming the report from earlier this week, Sony president and CEO Kazuo Hirai said the company will cut 10,000 jobs globally as part of a big “One Sony” reorganization. The company has five immediate goals: it wants to strengthen its core businesses — digital imaging, gaming and mobile — turn around its TV business, expand … Continue reading
Unemployment Claims | Up by 13,000 to two-month high
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT – SEASONALLY ADJUSTED DATA In the week ending April 7, the advance figure for seasonally adjusted initial claims was 380,000, an increase of 13,000 from the previous week’s revised figure of 367,000. The 4-week moving average was 368,500, an increase of 4,250 from the previous week’s revised average of 364,250. … Continue reading
How technology is fuelling China’s jobs market
The booming Chinese economy means that technology firms – particularly e-commerce companies – are struggling to find skilled candidates and managers to help fuel that growth. The latest Salary and Employment Forecast from international recruitment company Michael Page shows that there is strong growth in demand for technology professionals across sectors such as finance and retail, … Continue reading
UK | Manufacturers favour of older workers over school leavers
New research shows employers in manufacturing and engineering are far less likely to offer opportunities to inexperienced young people – whom they would have to train up and supervise more – when there are plenty of “job-ready” older people available to do the work due to Britain’s rising unemployment toll. The admission from industry employers … Continue reading
India | MBA degree and employability
During current times wherein B-school education is undergoing a tremendous change in India, over 3,50,000 AICTE (All India Council for Technical Education ) approved MBA seats have mushroomed in India alone. While some may perceive it as a positive move, the reality is, the quality of education offered at a major chunk of these … Continue reading
For Dummies | Skills and Personal Qualities that Employers Want
Popular skills that employers want A roundup of several surveys suggests skills that employers often admire. The following list is representative but not comprehensive: Effective communication: Employers seek candidates who can listen to instructions and act on those instructions with minimal guidance. They want employees who speak, write, and listen effectively, organize their thoughts logically, … Continue reading
Don’t do that during an interview : the Seven Deadly Interview Sins
Here are seven deadly thing that you must not do during a job interview. Call them the Seven Deadly Interview Sins. Don’t Be Late To the Interview Don’t Show Up Unprepared Don’t Ask About Salary, Benefits, Perks Don’t Focus On Future Roles Instead Of The Job At Hand Don’t Turn The Weakness Question Into A … Continue reading
Sony | 10,000 Jobs will be cut
Sony Corp. plans to reduce its work force by an estimated 10,000 jobs, or roughly 6% of its global total, as part of a broader restructuring plan by Chief Executive Kazuo Hirai, people familiar with the matter said Monday. The cuts could be made over the next two fiscal years, ending in March 2014, though … Continue reading
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