Job Market Monitor
Economy
Permanent Layoffs in Canada | Only around 40% are “rare” events, particularly among older workers
A new study by Statistics Canada by Garnett Picot, Zhengxi Lin and Wendy Pyper uses a new longitudinal data source on the separations of workers to address three issues: First, has there in fact been an increase in the permanent layoff rate in Canada in the 1990s, as one might anticipate given concerns about rising job instability? … Continue reading
Apple | Supporting 514,000 U.S. Jobs
Many people are concerned about the labor that supports the creation of Apple products overseas, for instance at the enormous Foxconn facility in China. But look over here, Apple said today. Among manufacturing, transportation, app development and Apple’s own workforce, Apple estimated it supports 514,000 jobs in the United States. Nobody at Apple is running … Continue reading
GM | Volt | 1300 Temporarily Layoffs
General Motors will temporarily lay off 1,300 workers for five weeks at one of its Detroit plants. The car maker confirmed to FOX Business Network that the layoffs will run from March 19 to April 23 and will coincide with halts in the production of GM’s Chevrolet Volt and the Opel Ampera. The company said … Continue reading
Windsor | Skills Gap | CS Wind is having trouble finding 100 skilled workers
The fact that CS Wind is having trouble finding 100 skilled workers for its Windsor plant – and will have to look outside the region – might seem incongruous given that we have high unemployment and people eager to work. But it’s also a reflection of something that is happening in other parts of the … Continue reading
Europe | Treaty | Growth Plan Or Austerity ?
It depends on whom you’re asking the question it seems ! Europe’s Latest Treaty No Cause For Celebration – Forbes Leaders of 25 of the 27 European Union countries have signed a new Treaty on Stability, Coordination and Governance. The United Kingdom and the Czech Republic did not sign. The treaty is designed to put … Continue reading
Alberta Coalition for Action on Labour Shortages | Calling on governments
Alberta business groups demand action on labour shortage – Calgary – CBC News A coalition of Alberta business groups is calling on the federal and provincial governments to work with industry to address labour shortages in western Canada. “Every sector of the economy will be hit hard by a shortage of workers,” said coalition spokesperson … Continue reading
Toyota hiring to build transmissions
Toyota plans to invest $45 million in its plant at Buffalo and add up to 80 employees to increase production of automatic transmissions, said Mike Lutz, general manager of Toyota Motor Manufacturing West Virginia. “We are increasing our capacity again in two phases,” Lutz said. “We’ll increase in November 5,000 additional six speed automatic transmissions … Continue reading
Apple | Hiring automotive professionals in China for the ‘iCar’
Apple’s Hiring Automotive Engineers, Is An ‘iCar’ Infotainment System Coming? Apple is once again proving they’re still the company Steve Jobs built. After years of saying “meh” to working with automakers on tighter integration of Apple products into automotive infotainment systems, there’s evidence Apple is now hiring people to build a system for them that’ll … Continue reading
India | 25% of the world’s new workers in the next decade | Literacy rate rise to 74.04 % | More women satisfied with their current jobs than men
Demographics | India : 25% of the world’s new workers in the next decade will be Indian “A demographic advantage does not mean more people; it means more prosperous and productive people. What is happening in India demographically is not once a decade or once in a millennium but once in the lifetime of a … Continue reading
Greece | Unemployment and the State
Is Greece a Failed State? asks Nick Malkoutzis in Foreign Policy Two years ago, Greece’s Prime Minister George Papandreou compared his country’s travails to “a new Odyssey.” Since then, about half a million Greeks have lost their jobs, tens of thousands of businesses have closed, the economy has shrunk by more than a tenth, Athens … Continue reading
European Social Partners Agree To Focus On Growth, Jobs, Strong Investments
The European social partners (ETUC, BUSINESSEUROPE, CEEP and UEAPME) agreed on the need for an urgent focus on growth and jobs and strong investments to support recovery. During their meeting preceding European Union summit in Brussels on Thursday, the European social partners presented their joint work program for 2012-2014, which includes, among others, a joint … Continue reading
Strong Canadian dollar has pushed goods sector wages making Canada a non-costeffective location says a CIBC Report
“Remember 62 cents? Canada’s currency posted its all-time weakest monthly close against its American cousin exactly a decade ago, making a dramatic U-turn thereafter. Despite leveling off in recent years, the US¢/C$ exchange rate remains 60% stronger than it was a decade ago and is also more than 20% firmer than a trade-weighted basket of other major currencies” write Avery Shenfeld and … Continue reading
UK | BAE axing around 2,000 jobs, ending nearly 100 years of aircraft manufacturing in Brough
BAE Systems, Britain’s biggest defence contractor, has brushed aside a plea by David Cameron to save high-level manufacturing jobs and is proceeding to axe around 2,000 posts. The worst-hit plant will be Brough in East Yorkshire, where BAE is to make 750 compulsory redundancies and end manufacturing – a move described by trade unions as … Continue reading
New Brunswick | Industrial Rail Services facing major layoffs – – CBC News
The issue means 200 employees at Industrial Rail Services could be affected, depending on how long it takes to fix the problem, according to Dick Carpenter, the company’s president… via Via Rail car restorer facing major layoffs – New Brunswick – CBC News.
Kodak | Layoffs Start Today while Seeking to Cut Benefits for 16,000 Retirees
Ninety-one Kodak employees will be laid off as part of the company’s decision to no longer make digital cameras for consumers. via Layoffs at Kodak start today – Henrietta, NY – Henrietta Post. ______________________________________________________ Eastman Kodak, the troubled camera maker that recently filed for bankruptcy, is considering a move that will cut health benefits for … Continue reading
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