Job Market Monitor
China
Saab hiring again
Eight months after eliminating 13 percent of its workforce, East Syracuse-based Saab Sensis Corp. has returned to profitability and is hiring once again, easing concerns that arose about the company’s future after its takeover last year by a Swedish firm. The maker of military radars and air traffic management systems recently had its first profitable … Continue reading
China – Sany has started cutting its workforce
Sany Group, China’s biggest maker of construction machines by revenues, has started cutting its workforce in one of the clearest signs yet of the pain in the country’s industrial sector as growth slows in the world’s second-largest economy. China’s heavy machinery makers, which include companies such as Sany, Zoomlion and Shantui, have seen sales drop … Continue reading
North Korea guest workers in China
China is quietly inviting tens of thousands of North Korean guest workers into the country in a deal that will provide a cash infusion to help prop up a teetering regime with little more to export than the drudgery of a desperately poor population. The deal, which has not been publicly announced by either Beijing … Continue reading
25% international students in OECD region are from China or India
Individuals from China and India make up one-fourth of total international students in the OECD region, a grouping of mostly developed nations. These students are also an important source of future labour migration, Paris-based think tank OECD said today. “The share of migrants from Asia among immigrants to OECD countries rose from 27 per cent … Continue reading
Eurozone: India and China contributed 95 percent of the jobs created by the BRIC nations
As Eurozone companies fight recession, India and China contributed 95 percent of the jobs created by the BRIC nations after the US, which led the employment generation, according to a recent survey. The number of jobs created by BRIC investors in Europe increased by 8 percent in 2011, with India and China together accounting as … Continue reading
China – Factories production drops for an eighth consecutive month
China’s factory sector shrank for an eighth straight month in June as export orders sentiment hit its weakest level since early 2009, according to a survey that indicates the country’s economic trough may extend well into the third quarter. The HSBC Flash Purchasing Managers Index, the earliest monthly indicator of China’s industrial activity, fell to … Continue reading
In The News | Veterans , Inequalities, Youth, China Middle Class, Layoffs, EI Changes, Grads and More
More Companies Hiring Veterans | fox4kc.com – Kansas City news & weather from WDAF TV – FOX 4 fox4kc.com – NEAR PHILADELPHIA, Pa. — A company in Pennsylvania is on a mission to hire Veterans. A construction equipment company called Modern Group wants to hire men and women who have served in the U.S. ar… Inequality … Continue reading
U.S. tariffs on Chinese solar cells could lead to job losses
The Obama administration’s recent decision to slap import tariffs on Chinese solar cells was hailed by some domestic solar manufacturers as a victory for job creation, leveling the field while sending a powerful message to Beijing about monopolistic behavior in crucial industries. But a close look at the U.S. solar industry suggests that the tariffs … Continue reading
China education system is overtaking many Western countries
China’s results in international education tests – which have never been published – are “remarkable”, says Andreas Schleicher, responsible for the highly-influential Pisa tests. These tests, held every three years by the Organisation for Economic Co-operation and Development, measure pupils’ skills in reading, numeracy and science. Pisa tests – the Programme for International Student Assessment … Continue reading
The geographical shift of the middle class will entail relocalization – World Economic Forum
The geographical shift of the middle class has implications for supply chains says The Future of Manufacturing, A World Economic Forum Report in collaboration with Deloitte Touche Tohmatsu Limited The rise of demand centres in Asia, along with the typical costs that accompany more developed nations, will likely increase localization of production. Increasingly expensive logistics are leading some companies, such as … Continue reading
Reverse Brain Drain | India, China next destination
The booming markets of India and China, where a new war for professional talent is hotting up, will see incredible opportunities for Western professionals, a noted marketing expert has said. “The new war for professional talent is hotting up like never before and will see huge and developing opportunities for westerners looking for jobs in … Continue reading
What is happening with the Green Jobs ? | Canada Experience Layoffs in Solar Energy
Citing a shortage of customers for its solar panel products, Siliken Canada has laid off 40 workers from its Windsor manufacturing plant. The move is only the latest blow to the region’s fledgling solar industry. Siliken general manager Paco Caudet said the situation is “no different than in any other manufacturing sector.” “When you have … 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
China’s Job market | Small companies are confronting growing difficulties
A slowdown in China’s economy has not caused employment woes, officials have claimed, but they also warned of challenges as the country’s small companies are confronting growing difficulties. The country’s urban registered unemployment rate stood at 4.1 percent in the first three months of 2012, according to figures released on Wednesday by the Ministry of … Continue reading
China Reshoring manufacturing to the U.S.
Chinese conglomerates, on a mission to expand their global footprint and avoid “anti-dumping” tariffs, are shifting more of their production to America. In the United States, cash-strapped states desperate for revenue and jobs, are rolling out the welcome mat for foreign companies that can guarantee both. More Chinese manufacturers have been launching their own U.S. … Continue reading
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