Job Market Monitor
Economy
Canada / Hiring Plans Remain at 3-Year Low according to Manpower
Canadian employers’ hiring plans held at the lowest level in three years on reduced optimism in the mining and education industries, according to a survey by Manpower Inc Continue reading
BC’s Liquefied Natural Gas / Union leaders join Premier to train thousands workers
Some of British Columbia’s most powerful labour leaders are pledging to work with Premier Christy Clark’s Liberal government and the energy industry to help thousands of B.C. workers land jobs in what could be the province’s multi-billion-dollar liquefied natural gas industry. B.C. Federation of Labour President Jim Sinclair and B.C. Building Trades Council executive director … Continue reading
Jaguar / To create 1,700 new jobs in UK
Jaguar Land Rover has announced a substantial new investment in Britain and the creation of 1,700 jobs. The Indian-owned company plans to invest 1.5 billion pounds ($2.3 billion) to produce an advanced new car manufactures out of aluminum. The announcement was made Tuesday at the Frankfurt Motor Show in Germany. Chosen excerpts by Job Market … Continue reading
Telecoms / The jobs market is ‘strong’ says Manpower
Continuing activity in the cable, broadband and television markets has led to a another positive jobs market in the telecoms sector, according to recruitment and services company Manpower. Demand for telecoms jobs in the current quarter sees six percent more telecoms firms hiring rather than reducing staff, says Manpower. This is in line with the … Continue reading
Bank of America / To lay off thousands in mortgage business
Layoffs at Bank of America Corp’s mortgage business will amount to about 2,100 positions, a source told Reuters on Monday, in response to weak refinancing activity. The downsizing reflects the second-largest U.S. bank’s “ongoing efforts to streamline our facilities and align our cost structure with market realities,” Bank of America said in a statement in … Continue reading
US / The latest job report is badly received
Here is an overview of the numerous comments on the latest job report even if the report concludes on the lowest the unemployment rate since November 2008. This drop was mainly due to a decrease to 63.2% of participation rate as the employment to population ratio declined to 58.6%. ‘The drop in the main unemployment rate was driven … Continue reading
Canada / Employment increased by 59,000 in August and the unemployment rate declined to 7.1%
Employment increased by 59,000 in August, mainly in part-time work, and the unemployment rate declined 0.1 percentage points to 7.1%. Over the six months to August, employment gains averaged 12,000 per month, lower than the average of 29,000 observed during the preceding six-month period. Since August 2012, employment has increased 1.4% (+246,000). At the same time, the number of hours worked has grown 1.3%. Chart 1 Employment Provincially, employment … Continue reading
US / Employment increased by 169,000 in August and and the unemployment rate was little changed
Total nonfarm payroll employment increased by 169,000 in August, and the unemployment rate was little changed at 7.3 percent, the U.S.Bureau of Labor Statistics reported today. Employment rose in retail trade and health care but declined in information. Household Survey Data Both the number of unemployed persons, at 11.3 million, and the unemployment rate, at 7.3 percent, changed … Continue reading
France / Unemployment rises above 3 M
French official data released on Thursday shows that unemployment rose above 3 million for the first time in the second quarter but the unemployment rate only rose by 0.1 percentage point Continue reading
Ireland / Unemployment Rate falls to 13.4 percent
The number of people claiming unemployment benefit in Ireland dropped again in August, falling for the 14th successive month, and inched the unemployment rate lower to 13.4 percent Continue reading
US / As Gallup’s unemployment rate jumps, jobless claims drop
Gallup tracks daily the percentage of U.S. adults, ages 18 and older, who are unemployed. “Unemployed” respondents are those who are not employed, even for one hour a week, but are available and looking for work. Unemployment is calculated as a percent of the workforce. Monthly results reflect an average of the calendar month, based … Continue reading
Europe’s Offshoring / 770,000 IT jobs lost in 15 years
Offshoring, technology advancements and low growth have contributed to a massive reduction in IT jobs in Europe, with almost half the number of IT roles in the largest companies expected to exist in 2017 compared to 2002. According to research from The Hackett Group, in 2002 there were 1.6 million corporate IT jobs in the … Continue reading
US / Budget cuts laying off scientists: Some 1,444 of 3,165 scientists reported layoffs are imminent
It took a few months, but forced federal budget cuts are costing hundreds of science and medical research jobs. Nearly half of the recipients who get federal science funding say they’ve recently laid off or will lay off scientists and researchers, because federal grants are tougher to win, according to a survey by the American … Continue reading
Euro area unemployment rate at 12.1% in July
The euro area1 (EA17) seasonally-adjusted unemployment rate was 12.1% in July 2013, stable compared with June. The EU28 unemployment rate was 11.0%, also stable compared with June. In both zones, rates have risen compared with July 2012, when they were 11.5% and 10.5% respectively. These figures are published by Eurostat, the statistical office of the … Continue reading
Wal-Mart / A call to ‘made in America’
Wal-Mart Stores Inc. spearheaded an effort Thursday to bring together retailers, suppliers and government officials so they can figure out how to bring more manufacturing jobs to the United States Continue reading
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