Business

California / College Grads Taking Low Paying Jobs rose by 60,000 from 2006 to 2011

The number of California college graduates working in low-paying jobs rose by 60,000 from 2006 to 2011 according to the U.S. Census Bureau. Throughout the state, 260,000 recent college grads under the age of 30 are working on the front lines of food service and retail industries where historically those jobs have gone to workers … Continue reading →

US / The Top 10 Companies Hiring In Sales

Forbes and the online job search engine Indeed.com have collaborated to put together a list of the 10 companies with the most sales job postings at all salary levels. The lists 1. Oracle Number of open higher-level sales executive and B2B positions: 411 2. Edward Jones Number of open higher-level sales executive and B2B positions: … Continue reading →

Greece / IMF apologizes for asking to sack 22,000 people by mistake

The IMF has apologized for a mistaken email demanding Greece dismisses thousands more civil servants than the earlier agreed lay off of 27,000 employees. The letter spurred concerns in the government that more layoffs will be demanded. The email arrived at the Greek Ministry of Finance from the IMF Representative in Athens Bob Traa before … Continue reading →

Ohio / Minimum wage to increase in January

The Ohio Department of Commerce announced that minimum wage will increase by 15 cents, from $7.70 to $7.85 an hour, beginning Jan. 1. That means that in less than two months, Ohio’s minimum wage will reach 60 cents above the federal minimum wage of $7.25 per hour. For employees who receive tips, the new minimum … Continue reading →

Minimum Wage – The Debate in Video

Montreal / Yellow Media hiring 170 digital staff

Yellow Media plans to create about 170 new Montreal-based information and digital technology positions as the directories publisher transitions to an online media company. But Yellow Media also said about 125 clerical positions will be moved to other company offices across Canada from Montreal, as the company reorganizes various office locations into specialized teams. “We … Continue reading →

Canada / Primer Harper: Lack of skilled labour threatens the economy

Producing more skilled workers, scientists and engineers is the key to Canada’s future prosperity, Prime Minister Stephen Harper says. His analysis may have surprised a Canada-United States business group in Ottawa to talk about cross-border irritants, international trade negotiations, stalled pipelines and the rise of China as an economic power. “This is in fact in … Continue reading →

Estonian Air / To lay off half its employees

Estonian Air announced it will lay off nearly half of its personnel. The company said in a press release that 146 of its 318 employees will be let go. That includes 88 onboard crew members, including pilots, and others from support and administrative staff. Due to the need to adjust operations in accordance to the … Continue reading →

Indonesia / Minimum Wage to Rise 44%

A 44 percent rise in the Jakarta minimum wage has prompted a major employer organization to warn of mass layoffs as companies grapple with the increased production costs, and led analysts to suggest that a major increase in productivity was needed to justify the hike. Employer groups have also expressed fears that the new Jakarta … Continue reading →

UK / Sainsbury’s to create 10,000 jobs

Supermarket giant Sainsbury’s is to create 10,000 jobs over the next three years as it continues to open new stores. The new roles will be in the firm’s smaller convenience and Local stores, which have seen a big increase in business this year. The news was announced as Sainsbury’s opened its 500th convenience store in … Continue reading →

UK / Standard Life cuts 139 jobs

Standard Life is cutting 139 jobs following the restructure of its UK and Europe business. Affected divisions include adviser and investments and workplace, customer and marketing and UK IT and change. Standard Life says the proposed job cuts will deliver better customer service through a single point of accountability and clearer alignment between the company’s … Continue reading →

US / Losing the Race for Entrepreneurial Talent ? (Video)

In 2005, immigrant entrepreneurs launched 52% of all startups in Silicon Valley. But today, the number has dropped to 44%, and America is not only losing the opportunity to create new jobs but also losing its competitive edge, argues Vivek Wadhwa in his short, passionately argued book, The Immigrant Exodus: Why America Is Losing the … Continue reading →

(UPDATE) SAS | To cut more than 7,000 jobs

SAS Group to cut more than 7,000 jobs SAS Group’s plans to eliminate jobs and shrink its business were accepted by pilot and cabin-crew unions as Scandinavia’s biggest airline fights to stay afloat. SAS surged 29 per cent after reaching accords with all eight labour groups, with one deal that covers 600 Swedish cabin crew … Continue reading →

Sharp / 3,000 volunteers for 2,000 job cuts

Struggling Japanese TV maker Sharp Corp (6753.T: Quote) said on Tuesday about 3,000 of its workers volunteered for early redundancy, far more than the 2,000 it aims to lay off in a bid to trim costs amid mounting losses… Choosen excerpts by Job Market Monitor from via Sharp seeks 2,000 job cuts, gets 3,000 volunteers … Continue reading →

Job cuts around Europe

Here is look at major company job cuts announced and planned around Europe in the past month as economic worries spread: Source: via FACTBOX-Job cuts around Europe | Reuters.