Job Market Monitor
Business
LDK Solar Cuts 5,554 Jobs
LDK Solar Co. (LDK), the world’s second- largest maker of wafers for cells, cut 5,554 jobs this year after plunging prices cut margins to a record low amid a renewable-energy shakeout that’s pushed at least eight solar companies into bankruptcy and prompted thousands of industry firings. LDK, which reported the lowest margins among its publicly … Continue reading
UK | Wealthy and Wealthier
Britain’s wealthiest people saw their fortunes rise to record levels last year, according to the annual Sunday Times Rich List, at a time when most Britons’ earnings and savings were squeezed by inflation and low interest rates. The combined wealth of Britain’s 1,000 richest people swelled by almost five percent to more than 414 billion … Continue reading
The Big Waste according to Krugman
In Spain, the unemployment rate among workers under 25 is more than 50 percent. In Ireland almost a third of the young are unemployed. Here in America, youth unemployment is “only” 16.5 percent, which is still terrible – but things could be worse. And sure enough, many politicians are doing all they can to guarantee … Continue reading
Job Gap is extending and has entered a new, more structural phase as austerity prevails says ILO who calls for a Global Job Pact
The World of Work Report 2012 provides a comprehensive analysis of recent labour market and social trends, assesses risks of social unrest and presents employment projections for the next five years. The report emphasizes that while employment has begun to recover slowly, job quality is deteriorating and there is a growing sense of unfairness. Moreover, … Continue reading
Is american manufacturing in crisis?
As pointed out by Calculated Risk, industrial production is still 4.1% below the pre-recession peak. And, from the job market perspective, things are worse. Manufacturing’s decline in jobs is part of a complicated picture Is manufacturing in crisis? That’s a question on the minds of many policy makers. Even President Barack Obama talked about it in … Continue reading
A Juxtaposition of news to see where are the new jobs
Where are the jobs? That’s where the juxtaposition comes in. The real job creation numbers — the staggering numbers — remain outside the United States. • Amazon.com is creating 3,300 jobs in Hyderabad, India. • Ford Motor Co. is creating 5,000 jobs in Sanand, India. • Infosys Technologies is creating 4,000 jobs in China. • … Continue reading
At The Root Of the Global Job Gap | Finance and economic growth delinked
The neglect of credit and debt in economic theory continues to produce muddled policy thinking. Take the tendency to protect banks lock, stock and barrel, at huge costs. The mantra is that if we let banks go bankrupt, that will ruin the economy. This is a nifty inversion of the truth: it is precisely the … Continue reading
Disinvestment in Education In North America | How do you think we’ll get by in the 21st century ?
Renowned Economist and Nobel Laureate Joseph Stiglitz strongly rebuked the policy of disinvestment in education occurring in debt-laden US states, as he addressed a packed house at Victoria Street theatre in Santa Barbara on February 19 in 2010. But this is also going on in Canada and the trend seems to get worse every where since … Continue reading
Brazil | Unemployment rate higher but a record low for the month
Brazil’s jobless rate rose slightly more than expected in March but still marked a record low for the month, adding evidence that the local labor market remains strong to underpin a nascent economic recovery. Brazilian unemployment rate rose to 6.2 percent in March before seasonal adjustments, from a previously reported 5.7 percent in February, the … Continue reading
U.S. Multinationals Creates Jobs Mostly Abroad writes WSJ.com
Thirty-five big U.S.-based multinational companies added jobs much faster than other U.S. employers in the past two years, but nearly three-fourths of those jobs were overseas, according to a Wall Street Journal analysis. Those companies, which include Wal-Mart Stores Inc., International Paper Co., Honeywell International Inc. and United Parcel Service Inc., boosted their employment at … Continue reading
UPDATE – Ageism | Job-hogging over-50s
BBC News – Should job-hogging over-50s all resign? Too few jobs. Rising unemployment, especially for young people. Here’s a radical solution, says commentator on office and workplace life, Lucy Kellaway of the Financial Times (born 1959). Wasting time on the internet recently I came upon a nasty statistic. In the next 10 years, there will … Continue reading
Spain | Unemployment at record level
New figures show that Spanish unemployment levels have hit record levels, with nearly a quarter of the labour force unable to find work. The news comes hours after the country’s credit rating was cut two notches to “BBB+” by ratings agency Standard & Poor’s. According to the new data released on Friday, unemployment levels hit … Continue reading
France | Unemployment Worst Since Sept 1999
Unemployment in France surged to its highest level in over 12 years in March, the labor ministry data showed Thursday, days ahead of the Presidential poll. The number of registered job seekers in the country rose to 2.88 million in March, the highest total since September 1999. The jobless total was up 0.6 percent from … Continue reading
Recession-Proof Industries | Only 2 Industries Have Recovered All The Jobs Lost
Only 2 Industries Have Recovered All The Jobs Lost In The Recession – Business Insider Business Insider looks at the jobs recovery by various industries. The table below shows that the Leisure & Hospitality and Mining industry have recovered all the jobs lost during the Great Recession. The recovery has produced 1.25 million Professional Service jobs, … Continue reading
UPDATE | The cry of an innocent | David Cameron is disappointed by his “remarkable achievement”
Cameron’s Remarkable Achievement – NYTimes.com When David Cameron became PM, and announced his austerity plans — buying completely into both the confidence fairy and the invisible bond vigilantes — many were the hosannas, from both sides of the Atlantic. Pundits here urged Obama to “do a Cameron”; Cameron and Osborne were the toast of Very … 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 