Job Market Monitor
Economy
Rio Tinto | 300 workers lose job at metal plant
The Press Association – More than 300 jobs are to be lost after mining giant Rio Tinto Alcan confirmed it will shut an aluminium smelting plant later this month. The site at Lynemouth, Northumberland opened in 1972 and employs 515 staff, alongside 111 staff who work at a power station 200 metres away. Confirming closure plans first … Continue reading
Germany | Protesters ask to “Protect Solar Jobs!”
Renewable Energy – “We are the energy transition!” read one of the many placards hoisted in the air at the Germany-wide “Stop the Solar Energy Exit” demonstration at Berlin’s Brandenburg Gate on Monday. According to the event’s organizers, 11,000 people were on hand for the protest against the Merkel government’s energy policies. The protesters and … Continue reading
UK | Firms asked to stop hiring foreign workers by minister Damian Green
NDTV – Amid increasing curbs on Indian and other non-EU professionals, UK authorities on Tuesday asked companies in the country to stop their “addiction” to recruiting foreign workers and hire local workers instead. Thousands of Indian professionals migrate to the UK under the ‘intra-company transfer’ and other routes, but recent and proposed changes have been strongly … Continue reading
India | Productivity | ‘Paraskilling’ creates new jobs by slicing old ones to bits
CSMonitor – How can you reduce surgery costs while boosting local employment? Paraskilling, that’s how. The paraskilling framework is as old as the assembly line, but it’s got a new modus operandi. By re-engineering complex systems into simplified tasks that can be performed by a larger, lower-skilled workforce, an organization is able to cut its … Continue reading
German Gender Gap | Most unfair society in Europe says an OECD Report
The Local – German women have to contend with the biggest gender gaps in wages and career opportunities in Europe, according to a new study by the Organisation for Economic Cooperation and Development (OECD). The report found that women in full-time jobs earn an average of 21.6 percent less than their male colleagues. This is … Continue reading
GM | Job losses to come from its European business
The Guardian – GM would stick to a labour deal that limits factory closures before 2014, Girsky indicated nonetheless that there would be job losses from its European business. “We know in the future that there may not be the same amount of people here as there are today. It is important that we create … Continue reading
UK | More graduates in low skilled jobs
BBC News – Recent graduates are more likely to be working in lower skilled jobs than they were 10 years ago, new figures show. Over a third of recent graduates were in non-graduate jobs at the end of 2011 – up from around a quarter in 2001. The figures, from Office for National Statistics, also … Continue reading
China | Quality is Job No 1
China Daily: The most important task facing China’s economy in 2012 is to improve the quality of economic growth, including energy conservation, emissions reduction, and industry restructuring, said renowned economist Li Yining, a member of the Chinese People’s Political Consultative Conference, at a panel discussion of economic experts on Tuesday. The 2011 Central Economic Work Conference, … Continue reading
Nissan’s Sunderland success story
BBC: Nissan’s decision to build its new Invitation car in Sunderland is the third statement of confidence in the plant in the last two years. In 2010 the company announced plans to manufacture the new electric Leaf in Wearside and last year it said it would also produce the new Qashqai on the site. The … Continue reading
Royal Bank of Scotland | Cuts 215 U.K. Jobs
Bloomberg: Royal Bank of Scotland Group Plc, Britain’s largest government-controlled lender, said it was cutting 215 U.K. jobs and moving the posts overseas. The cuts will fall on support staff at the bank’s finance division, mainly in Edinburgh and London, a spokesman said. The reductions are in addition to the 6,800 job losses announced since … Continue reading
American Cities | Mapping Inequalities
The Atlantic Cities: Inequality is shaping up to be one of the biggest issues in the 2012 presidential election. The Occupy movement may have waned since last fall, but its focus on the privileges of the top one percent has yet to go away. Most economists argue that rising inequality is driven by broader structural … Continue reading
African Americans and Latinos | Unemployment | No relief in 2012
Economic Policy Institute: Even though the U.S. recession officially ended in June 2009, the country’s unemployment rate remains devastatingly high. The situation is particularly dire for many African Americans and Latinos—and is not predicted to improve any time soon. Among the states with sufficient data for reliable estimates, African American unemployment rates exceeded 10 percent in … Continue reading
Job Gap | 600 M Jobs missing in the world | 12 M in U.S. | A factor behind income inequalities
The extensive Job Gap as tremendous impact. According to the 2012 of the ILO report on Global Employment Trends(GET), the world facesa Global Job Gap of 600 million jobs.
Apple says it is supporting 514,000 U.S. Jobs | Reactions
Apple is Supporting 514,000 U.S. Jobs according to Apple itself. You can read the argument @ Apple. “Apple has made its first attempt to quantify how many American jobs can be credited to the sale of its iPads and other products, a group that includes the Apple engineers who design the devices and the drivers who … Continue reading
Layoffs by governments at local level hardly help job recovery and investment in education is falling by the way
Layoffs at the local level, by local administrations, we could say, by local government, are so numerous that we could post them on a separated blog. This hardly helps job recovery. Moreover, investment in education is falling by the way. Krugman thinks it is bad politics and we agree. …If it weren’t for this destructive … Continue reading
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