Job Market Monitor
Business
Alberta / Job growth polarized
Alberta – the economic powerhouse of the country – also shed nearly 12,000 jobs last month. But trends are built over several months, and December’s loss comes on the heels of five consecutive months of gains in Alberta. Even counting the big drop last month, the province saw a net gain of nearly 71,000 jobs … Continue reading
J.C. Penney / To cut 2,000 jobs
J.C. Penney Co. (JCP) Chief Executive Officer Mike Ullman, intensifying efforts to revive the money-losing department-store chain, plans to close 33 stores and eliminate about 2,000 jobs to help save $65 million a year. The closings and cuts will result in pretax charges of $26 million in the fourth quarter and $17 million in future … Continue reading
Sears Canada / To cut 1,628 jobs
Sears Canada Inc. is cutting another 1,628 jobs after having reduced its work force last year by almost the same number as the retailer tries to bolster its struggling operations. The company said late Wednesday it will outsource jobs in three call centres to IBM, in a cost-cutting move that will affect 1,345 employees over … Continue reading
Alcatel-Lucent / Scales back job cuts in France under govn’t pressure
Franco-American telecom gear group Alcatel-Lucent will cut fewer jobs in France than previously planned under moves to slash 10,000 posts worldwide in an attempt to stem losses, its chief executive told Le Monde newspaper. The French share of the cuts will now amount to less than 700, down from 900 announced last year, Michel Combes … Continue reading
Grads in UK / Recruitment levels at a seven-year high but jobs ‘reserved for student interns’
Companies said that four-in-10 positions being advertised for graduates in 2014 would be reserved for those with previous experience – barring other final year students from applying Continue reading
The Job Gap in US / There are about 1.18 million fewer payroll jobs than before the recession started
This doesn’t include population growth and new entrants into the workforce Continue reading
Dell / To layoff up to 30% of its sales and marketing staff in Europe, the Middle East and Africa and more
The Register is hearing from two sources that Dell is making 30 per cent of its sales and marketing staff in Europe, the Middle East and Africa redundant while cutting 20 per cent of its US-based sales staffers. One source said: “Precisely 30 per cent, across EMEA.” There is no word on what’s happening on the sales … Continue reading
German Catholic publishing house Weltbild-Verlag / Thousands of jobs at risk
Thousands of workers were facing job loss Friday as German Catholic publishing house Weltbild-Verlag said it would file for insolvency. “Against the company‘s expectations, it turned out yesterday that the necessary financing will not be available,” read a message from the Weltbild-Verlag on Friday. The insolvency means that the jobs of some of the publisher‘s … Continue reading
US / Planned layoffs to lowest level since 2000
The number of planned layoffs at U.S. firms plunged by 32 percent in December to the lowest monthly total in more than 13 years, a report on Thursday showed Continue reading
Macy’s / 2,500 jobs cuts
Macy’s said Wednesday it plans to lay off about 2,500 employees and close some stores as part of a cost reduction plan Continue reading
Ice Cream Plant in US / 1,600 desperate job seekers applicants for ‘three dozen or so initial jobs’
When the Good Humor ice cream plant closed here two summers ago, more than 400 jobs and a stable, punch-the-clock way of life melted away, another in a string of plant closings that have battered this once-proud manufacturing town. The hulking plant sat vacant until a co-op of Virginia dairy farmers purchased it in summer … Continue reading
Economic Slowdown in India / 12 million workers to return to farms says Crisil
The economic slowdown would push an additional 12 million people to farms between 2013 and 2019, ratings agency Crisil has estimated. Non-farm employment would decrease more than 25% between 2012-13 and 2018-19 to 38 million, the agency stated. “That’s because fewer jobs are being created with the economy treading a lower-growth path and labour intensity … Continue reading
GM in Brazil / To layoff over 1,000
The Brazilian affiliate of U.S. automaker General Motors has confirmed the layoff of more than 1,000 employees from one of the multinational’s factories in Sao Jose dos Campos in Sao Paulo state, official sources said. The decision will affect 1,053 workers, a number that includes employees who had already joined the Voluntary Resignation Program, or … Continue reading
Unemployment in Spain / A record number drop
The number of unemployed in Spain dropped by a record number in December making up the second biggest monthly drop in 14 years and bringing hope to the 4.7 million people still without a job in the EU’s fourth-largest economy. The number of people registered as unemployed fell by 107,570 in December, according to figures … Continue reading
Deutsche Bahn / Hiring 10,000 new workers each year until 2020
German rail operator Deutsche Bahn spent years cutting jobs to save costs. As thousands of employees head into retirement, the company now must recruit more help, hiring 10,000 new workers each year until 2020. In August 2013, the Mainz central train station came to a virtual standstill every evening as dispatchers were either on vacation … Continue reading
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