Job Market Monitor
Economy
Greece / Change in Mass Layoff Rules to come
The aim is to introduce measures which, in combination with the recent reforms, can contribute toward attracting investments and support job creation. Continue reading
Jobless Claims in US / Past month average drops to lowest level since June 2007
The number of new applications for unemployment benefits fell by 5,000 to 305,000 in the week ended Sept. 21, the Labor Department said Thursday. Economists polled by MarketWatch had expected claims to jump to 327,000 on a seasonally adjusted basis. A government official said Labor has been told by California that the state eliminated a … Continue reading
US / Tech sector adds 103,000 jobs from January through June 2013
A report issued by the TechAmerica Foundation analyzed the U.S. tech job market in the first half of the year and found a modest bump of 103,000 jobs from January through June 2013. The report comes fast on the heels of freshly sparked discussion about the STEM crisis or whether there’s a domestic shortfall in … Continue reading
Telstra / To cut 1100 jobs
Telstra will cut around 1100 jobs from its operation business by June next year, around 6 per cent of its operations staff. Continue reading
Europe / Industry vs. services: why it is important to strengthen both
In spite of longer-term trends in advanced economies of the manufacturing sector accounting for a shrinking share in value added and in employment, there is a strong case for preserving a ‘critical size’ of manufacturing activities in European economies Continue reading
CarMax / Hiring for More Than 1,000 Positions – WSJ.com
CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars and one of FORTUNE magazine’s “100 Best Companies to Work For” for nine consecutive years, is recruiting for more than 1,000 positions in locations across the country Continue reading
Arab World / Job seeker numbers soar to 95 million by 2030 from the current 55 million
The number of job seekers in the Arab world is projected to soar to 95 million by 2030 from the current 55 million, said a report Continue reading
Amazon / 2700 new jobs in Scotland
Online retailer Amazon has announced it is hiring 2700 seasonal staff in Scotland to meet customer demand in the lead up to Christmas. The announcement comes as the US internet giant revealed it will bring in a total of 15,000 new workers for the festive season. Amazon, which is expanding operations in this country, said … Continue reading
Toys R Us / Hiring 45,000 for holiday season
Toys R Us plans to hire 45,000 seasonal workers at its stores and distribution centers, the same number as last year, as it ramps up for the all-important holiday season. Coming off a slower-than-expected back-to-school season, analysts and stores are bracing for a tough holiday shopping period, which accounts for as much as 40 percent … Continue reading
Lanxess / Cuts 1,000 jobs
Thermoplastic and rubber materials producer Lanxess has announced a major restructuring which will lead to 1,000 jobs being cut at its worldwide operations by the end of 2015 Continue reading
Citigroup (CitiMortgage ) / Cutting 1,000 jobs in Nevada and Texas
Citigroup Inc. says it is slashing about 1,000 jobs in Nevada and Texas, citing decreased demand for home loans and mortgage refinancing Continue reading
RWE / Would cut 3,400 jobs
Germany’s biggest power producer is looking to rationalise the workforce at its power unit and may shed as many as 3,400 employees Continue reading
Target / Hiring fewer temp holiday workers
Target Corp. plans to hire about 70,000 seasonal workers for the holiday shopping season, down about 20 percent from a year ago Continue reading
US Job Market / “Jobless Recoveries” are likely in the future finds Brookings (Video)
In each of the three most recent U.S. recessions, the unemployment rate has stayed high for longer and longer durations, increasingly resembling the experience of many West European countries in the 1980s Continue reading
Europe / Chinese telecommmunications equipment maker Huawei plans to create 5,500 jobs
Chinese telecommmunications equipment maker Huawei plans to create 5,500 jobs in Europe within five years as the company expands its services in the region, state-owned newspaper China Daily said on Saturday. Huawei, the world’s second largest maker of telecoms communication equipment, is to offer information technology solutions to European businesses, Patrick Zhang, president of marketing … Continue reading
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