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US – Job Openings essentially unchanged from August says DOL but…
There were 3.6 million job openings on the last business day of September, essentially unchanged from August, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.1 percent) was little changed while the separations rate (3.0 percent) declined in September. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm … Continue reading
London – Financial sector to cut 13,000 jobs in 2013
London’s financial sector will lay off 13,000 staff in 2013, cutting employment in a key UK economic sector to a 20-year low, as job vacancies also drop in Europe and even Asia, studies showed. Financial firms in Europe’s biggest financial center have laid off more than 100,000 employees since a market peak in 2007, driven … Continue reading
US – Solar Jobs Growth Outpaces The Whole Economy
The last two years have brought record investments and project development in the industry, with U.S. installations growing 116 percent in the second quarter of this year — much of it driven by the loan guarantee program. As a result of strong federal support, job growth in the industry continues to outpace the broader economy. … Continue reading
NE – Shaw to cut 700 jobs
Shaw’s Supermarkets on Friday announced plans to cut about 700 jobs at 169 Shaw’s and Star Market stores in five New England states. About 90 employees affected by the layoffs have already been notified, and the rest will be informed over the next several days, the company said. “A decision of this nature is never … Continue reading
US – Hospital mass layoffs for 2012 expected to match 2011’s numbers
Thirteen mass layoffs occurred in hospitals in September, affecting 817 people, according to a monthly report released Oct. 23 by the U.S. Bureau of Labor Statistics. If numbers hold steady for the remainder of 2012, the industry is on track to have a similar annual count of mass layoffs as it did in 2011. Ninety-three … Continue reading
Sweden – SCA to cut 1,500 jobs
Swedish hygiene and paper products maker SCA is to cut jobs, affecting 1,500 people, as part of a move to reduce annual costs by around 300 million euros ($385 million)… “About 1,500 employees are affected and costs are expected to be some 100 million euros,” chief executive Jan Johansson said in a statement ahead of … Continue reading
The Big Job Gap
” The recovery is real, but it’s still really far from the recovery we need” writes Matthew O’Brien in The Scariest Jobs Chart, Private Sector Edition. (Choosen excerpts by JMM to follow) That’s been the consistent message of the past three years, with consistent job growth that hasn’t been near enough to end our jobs crisis much … Continue reading
Update – US Job Report – This month report shouldn’t make a mandate
The number of unemployed and the unemployment rate increase. But employment too. So, this is a sign that participation is going up, a generally good sign. Since July, the economy has created an average of 173,000 jobs a month, up from 67,000 a month from April through June. But still, the proportion of american in … Continue reading
US Job Report – This month report shouldn’t make a mandate
The number of unemployed and the unemployment rate increase. But employment too. So, this is a sign that participation is going up, a generally good sign. Since July, the economy has created an average of 173,000 jobs a month, up from 67,000 a month from April through June. But still, the proportion of american in … Continue reading
Nissan – A New Thai plant
Nissan Motor Co Ltd (7201.T) said on Friday it was investing 11 billion baht ($358 million) to build a second assembly plant in Thailand that will have an annual production capacity of 75,000 vehicles when it opens in August 2014. Capacity would eventually be raised to 150,000 vehicles. “Adding 150,000 units of production capacity will … Continue reading
St. Paul, Minnesota – St. Jude Medical cutting 500 jobs
St. Jude Medical said Thursday that it has laid off another 500 people as it restructures to deal with slumping sales of its heart devices. In August, St. Jude said it had terminated 300 employees, including 80 in Minnesota, as part of a broader companywide reorganization expected to slash $50 million to $60 million in … Continue reading
Australia – Holden 170 jobs cut
Australia’s ailing auto industry has suffered another blow with car maker Holden axing 170 jobs just a day after a key component manufacturer closed its doors and stood down about 400 workers. Holden said falling demand for its locally built vehicles, due to the high Australian dollar, had forced its hand. The company said the … Continue reading
Alberta – AHS to hire new nursing graduates
More nurses, including new graduates, are expected to be hired by the province as Alberta Health Services boosts its efforts to improve patient care. Approximately 750 registered nurses and registered psychiatric nurses will be available for hire in Alberta in December, and Alberta Health Services said on Thursday that they plan to hire them all. … Continue reading
California – Burbank – More Than 175 Layoffs to hit local entertainment industry
More than 175 employees at entertainment-related companies in Burbank likely will be laid off starting in December, many as a result of outsourcing custodial services, studio representatives said. Sixty-seven workers at Walt Disney Studios — mostly janitors, along with a few floor waxers — were given notices that will go into effect by Dec. 1, … Continue reading
Spain Airports – 1,600 layoffs
Spain’s public airport operator AENA said Wednesday it had agreed to make 1,600 voluntary redundancies, which could see more than one in 10 of its staff cut by the end of the year. The authority said in a statement it had agreed with unions to offer redundancy packages for up to 1,600 of its 15,000 … Continue reading
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