Job Market Monitor
Economy
Job Entrepreneurs – Companies maximizing jobs over profits
What if the purpose of a company was to employ people? Instead of hiring enough people to make the greatest profit, it would make enough profit to hire the greatest number of people. Put simply, these “job entrepreneurs” maximize jobs instead of profits. There is a precedent in this. “Social entrepreneurs” seek to maximize purpose … Continue reading
The Apps Economy in Canada – To top 110,000 by 2019
The number of people employed in Canada’s apps economy has grown to over 64,000, and will top 110,000 by 2019, say analysts at the Information and Communications Technology Council (ICTC). The estimates and projections were released today in the Council’s second look at the red-hot Canadian mobile apps landscape, The Appification of Everything: Canada’s apps … Continue reading
Apple – Foxconn to hire 15,000 more workers
Foxconn wants to expand further beyond its roots as a parts supplier, and it’s looking to hire enough people to push that effort. The Taiwan-based company also known as Hon Hai announced this past weekend that it plans to hire 15,000 employees in its native country, The Wall Street Journal reported on Monday. The hiring … Continue reading
Disney’s Games and Online Division / 700 Layoffs
Walt Disney overhauled its struggling interactive division in a sweeping reorganization that will reduce the number of video games it develops and alter its advertising strategy to focus more on the fast-changing mobile market. As part of the revamp, Disney will lay off 700 employees, roughly one-quarter of the interactive division, according to a person … Continue reading
US / Why didn’t the severe weather put job growth in a deep freeze?
Mainly because of how the government counts company payrolls. The Labor Department calculates jobs by asking companies how many people they employed during the pay period that includes the 12th day of the month. If a company’s pay period is, say, every two weeks or twice a month, a staffer who worked just one day … Continue reading
Canada – A lost of 7 000 jobs last month and little overall employment growth in Canada since August 2013
Employment was little changed in February, and the unemployment rate remained at 7.0%. There has been little overall employment growth in Canada since August 2013. (JMM Editor: Indeed, a lost of 7 000 jobs last month) Compared with 12 months earlier, employment increased by 95,000 (+0.5%) and the unemployment rate was unchanged. Over the same period, the number of hours worked rose 0.7%. … Continue reading
Job Market in Canada – ‘Sputtered’ In 2013 says Chamber Of Commerce
Canada’s job market “sputtered” in 2013, says a new report that finds a majority of the net job creation last year involved part-time jobs, went to older workers and was concentrated in a single province. The report from the Canadian Chamber of Commerce found Canada added 0.6 per cent new jobs in 2013 — not … Continue reading
Canada – The economy has not created enough jobs says the Canadian Labour Congress
The Canadian Labour Congress (CLC) argues that while Statistics Canada’s approach may be accurate it is not detailed enough to convey the true landscape of the labour market. “The economy has not created enough jobs, and those that have been created are disproportionately precarious … more Canadians are unemployed, marginally attached, or simply not engaging … Continue reading
ADP and Gallup on US Jobs – Positive but weak job growth
Private-sector employers added 139,000 jobs last month, up from a revised 127,000 in January, but down from 205,000 in February 2013, according to ADP. Economists had forecast that private-sector hiring somewhat slowed down last month, with employers adding 160,000 jobs, compared with an originally estimated January increase of 175,000, according to a Dow Jones Newswires … Continue reading
UK / Hiring at fastest rate since 1998 according to Markit employment index
British companies hired staff at the fastest rate in 16 years in February, as growth in orders and broader economic recovery fuelled confidence. The Markit employment index, combining the latest PMI data from the services, manufacturing and construction sectors, rose to 56 in February from 55.7 in January. It was the highest since the combined … Continue reading
European Union – 5.556 million young persons (under 25) were unemployed in January
The euro area (EA18) seasonally-adjusted unemployment rate was 12.0% in January 2014, stable since October 20134. It was also 12.0% in January 2013. The EU28 unemployment rate was 10.8% in January 2014, stable since October 20134. It was 11.0% in January 2013. These figures are published by Eurostat, the statistical office of the European Union. … Continue reading
Heinz in Canada / 250 workers would keep their jobs consortium with an agreement to buy
H.J. Heinz Co. reached a deal to sell a factory in Canada that the Pittsburgh company planned to close in restructuring North American operations. Heinz said on Thursday that Highbury Canco Corp., a Toronto-based consortium of investors including the plant’s manager, agreed to buy the Leamington, Ontario, plant and become a contract manufacturer for some … Continue reading
France – Hollande’s hiring targets in doubt
French unions and employers start talks on Friday over how to cut social charges weighing on companies, though both sides doubted the cuts could be linked to hiring targets as President Francois Hollande first promised. The government hopes the parties will agree by early April on the terms of Hollande’s so-called “responsibility pact”, which aims … Continue reading
US Job Market / A slow recovery reflecting slow growth in demand says CBO
The deep recession that began in December 2007, when the economy began to contract, and ended in June 2009, when the economy began to expand again, has had a lasting effect on the labor market. More than four and a half years after the end of the recession, employment has risen sluggishly—much more slowly than … Continue reading
Wells Fargo / To cut 700 jobs in mortgage
Wells Fargo said Wednesday that it will lay off 700 workers, adding to the tens of thousands who have lost their jobs industry-wide after rates jumped last year. The San Francisco bank said the cuts included 203 employees in the Minneapolis-St. Paul Area, according to my colleague Jim Hammerand at the Twin Cities Business Journal. … 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 