Job Market Monitor
Business
NY Thruway / 234 layoffs
The New York State Thruway Authority is planning 234 layoffs to help shore up its finances, but no toll increases are planned. Thruway spokesman Dan Weiller says the layoffs of full-time workers will be in all regions, including the Albany headquarters. The authority employs 2,968 workers. Weiller says no toll increases of any type are … Continue reading
West Virginia / Unemployment Insurance: Not a good employment policy
Every business faces ups and downs, and how a business reacts and adapts to a downturn plays a large part in its success. During tough economic times, businesses often face difficult decisions and can be forced to lay off valuable, trained employees in order to survive. Not only do businesses lose their skilled employees and … Continue reading
San Antonio and Toyota / A Local Employment policy
“We learned a lot with Toyota,” he said. “The wonderful thing about having such a world-class company come and choose to bring high-paying manufacturing jobs is that it amplified the value of the state to have a cohesive outreach plan on the state and local level.” A decade later, officials again have teamed up, this … Continue reading
US / At 2012 pace, full employment won’t come until 2022
The jobs numbers have been crunched and re-crunched, and it turns out that the U.S. economy added an average of 181,000 jobs per month in 2012. That’s a faster rate than in 2011 or 2010. But it’s also relatively sluggish, given the deep, deep hole the economy is still in. If the United States keeps adding … Continue reading
Israel / GE planning wide-scale layoffs
Corporation to fire about half of 500 employees in healthcare division’s R&D centers in Israel, company worker tells Ynet. Management sources say only 10% of workforce to be dismissed According to a company source, more than half of the division’s 500 employees in all research and development centers in Israel will be fired. The company … Continue reading
Lloyds / 38,000 jobs cut since HBOS rescue
The job toll at Lloyds Banking Group since the rescue of HBOS has reached 38,000 after another 940 cuts were announced. “This is a bleak start to the year for hard-working Lloyds employees and bad news for the UK economy on a day when the small fall in the numbers unemployed was supposed to be … Continue reading
Commerzbank / To Cut 4,000 to 6,000 Jobs
Commerzbank AG (CBK), Germany’s second- biggest bank, will cut 4,000 to 6,000 jobs over the next four years to reduce costs and meet its profit goals. The job reductions will apply to all units worldwide with the retail bank having “significant overcapacity,” according to an internal memo obtained by Bloomberg news, the contents of which … Continue reading
Barclays / To Cut 2,000 Jobs
Barclays has launched a consultation with staff in its investment bank whose jobs are at risk following a strategic review by new Chief Executive Antony Jenkins, the bank said on Tuesday. Jenkins, who took over in August having previously run Barclays’ retail operations, is revamping the bank following the departure of Bob Diamond when the … Continue reading
Boston Scientific to cut up to 1,000 jobs
Boston Scientific Corp., the Natick medical device maker that already has eliminated more than 1,000 jobs over the past three years, said Tuesday it plans to cut another 900 to 1,000 jobs worldwide. The company did not specify where the job cuts would take place, but new chief executive Mike Mahoney said in an interview … Continue reading
Texas / Amazon.com hiring 1,000
Amazon.com Inc. (US:amzn) said Wednesday it’ll hire 1,000 workers as part of its plan to open three new fulfillment centers in Texas. The sites will be in the cities of Coppell, Haslet and Schertz. Amazon.com shares jumped 8.5% after the onlnie retailer reported weaker-than-expected fourth-quarter sales but strong operating profit. Choosen excerpts by Job Market … Continue reading
Air Canada’s Rouge airline: hiring 150 flight attendants
As Air Canada’s discount carrier Rouge gets set to take off in July, hiring is getting under way for 150 flight attendant jobs based in Toronto. “The most important quality that we’re looking for is people who like being around people,” said Renee Smith-Valade, head of customer experience. “And people who enjoy children and engaging … Continue reading
Germany / Hewlett-Packard lays off 850 employees
Hewlett-Packard Co. HPQ -0.15% will close its site in Ruesselsheim, Germany, by the end of October and layoff about 850 employees–or 8.5% of its workforce in the country–as part of a previously announced broader restructuring effort. “The changes we are announcing in Germany today are a necessary part of our commitment to deliver our long-term … Continue reading
Canada / Sears lays off 700 workers
Sears Canada announced Thursday it is laying off 700 workers across the country as part of a move to “right-size” the company and focus on restructuring its business. The national retailer says 360 people are being laid off from its department stores and about 300 from its distribution centres. The remaining workers are being let … Continue reading
Skills Gap / Transaction banking: a substantial talent shortfall
The appeal of the transaction services industry for new talent has never been higher, as high-impact, pejoratively dubbed ‘casino’ investment banking job opportunities vanish. Technologic nous and an ability to navigate new client demands – amid market and regulatory shifts – are key skills that budding transaction bankers must develop to make their names in … Continue reading
Japan / Jobs In Manufacturing Sector To 50-Year Low
Employment in Japan’s once-mighty manufacturing sector has fallen below 10 million for the first time in five decades, as a new government vows to stoke the struggling economy. Official employment data released Friday showed the number of workers in Japanese industry, which fuelled the country’s stratospheric rise from the ashes of World War II, slipped … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 