Job Market Monitor
Economy
Google / Motorola Mobility will layoff 1,200 employees
Google subsidiary Motorola Mobility will layoff 1,200 employees, which is 10 percent of its current workforce, in an attempt to make the company profitable. The Wall Street Journal reports that a company email it obtained details that the layoffs have already begun and will affect workers in the U.S., China, and India. Motorola’s decision to … Continue reading
US / A Facts Sheet on Federal Minimum Wage
The minimum wage is not indexed to the price level. It has been legislatively increased from time to time to make up for the loss in its real value caused by inflation. In nominal (current dollar) terms, the minimum wage has risen steadily from 25 cents to $7.25 an hour, where it has remained since … Continue reading
US / Nonfarm payrolls surged 236,000 jobs and jobless rate fell to 7.7 percent
U.S. employers stepped up hiring in February, pushing the unemployment rate to a four year-low and suggesting the economy has enough momentum to withstand the blow from higher taxes and deep government spending cuts. Nonfarm payrolls surged 236,000 jobs last month, the Labor Department said on Friday, handily beating economists’ expectations for a gain of … Continue reading
Canada / Why its economy is in trouble
Analysts are beginning to raise concerns about Canada’s near-term economic growth. The nation’s central bank is holding the overnight rate at 1% and will likely maintain this level for some time to come. Toronto Star: – The [central] bank’s current stance reflects the weak performance of the economy in the last months of 2012. Canada’s gross domestic … Continue reading
US / A Chart on the Unrecovering Job Market Recovery
because of population growth, getting back to where we were five years ago isn’t enough. To get back to full employment, we need to have millions more jobs than we had then. This led us to wonder: What would Scariest Jobs Chart Ever look like if you compared the past five years with comparable periods … Continue reading
UK / Lower-skilled jobs still threatened by outsourcing
Lower-skilled and process-based jobs in the UK remain vulnerable in the face of continued popularity of business process outsourcing (BPO) to central and eastern European countries, according to research published today by professional services firm Towers Watson. The General Industry Compensation Report shows that despite the fast economic development of many countries such as Poland, … Continue reading
US / Vacancies are there, but hiring is not
American employers have a variety of job vacancies, piles of cash and countless well-qualified candidates. But despite a slowly improving economy, many companies remain reluctant to actually hire, stringing job applicants along for weeks or months before they make a decision. If they ever do. The number of job openings has increased to levels not … Continue reading
US / 59% Think the Economy Is In a Recession
The IBD/TIPP Economic Optimism Index declined by 5.1 points, or 10.8%, in March, posting 42.2 vs. 47.3 in February. The index is 5.5 points below its 12-month average of 47.7, 2.2 points below its reading of 44.4 in December 2007 when the economy entered the recession, and 7.5 points below its all-time average of 49.7. … Continue reading
Egypt / The Unemployment Problem In Chart
About 1 million Egyptians lost their jobs in 2011 as the economy shrank for the first time in decades. And the paradox of the Middle East deepened with more young people than ever searching for jobs, while at the same time, the private sector encountered increasing difficulty in its search for qualified employees. The latest figures from the government statistics agency, CAPMAS, … Continue reading
US / Planned layoffs rose for second month in a row
Planned layoffs at companies rose for the second month in a row in February as the financial sector cut the most employees in over a year, a report showed on Thursday. Employers announced 55,356 planned job cuts last month, up nearly 37 percent from 40,430 in January, according to the report from consultants Challenger, Gray … Continue reading
Nova Scotia / Lots of highly skilled workers needed
RORY WILLIAMS wasn’t sure what he wanted to do when he graduated from Dartmouth High School two years ago. So he did what many Nova Scotia kids do: he hit the road. That was fortuitous. His epiphany came while he was working on a farm in Australia when he met a couple of Aussie welders … Continue reading
Sweden / Vattenfall to cut 2,500 jobs
Swedish power company Vattenfall has announced it will slash thousands of jobs by 2015, with Germany to be most affected by the cuts. The utility firm said it had to face up to low electricity prices and overcapacities. Swedish utility company Vattenfall on Wednesday said it would have to lay off 2,500 employees by the … Continue reading
Canadian Pacific / Ahead of Schedule on Job-Cut Plan
Canadian Pacific Railway Ltd. (CP), the least efficient North American large railroad, is ahead of its plan to eliminate more than one-fifth of its workforce, Chief Executive Officer Hunter Harrison said. The company already has cut more than 3,000 jobs, Harrison said today at a JPMorgan Chase & Co. transportation conference in New York. He … Continue reading
T-Mobile / Big layoffs to come at headquarters
A significant round of layoffs is happening at the Bellevue headquarters of T-Mobile USA just ahead of its merger with MetroPCS, according to people inside the company. Employees are expecting the cuts, which may affect more than 100 people in marketing and other groups, to happen Thursday, when conference rooms at the company are reserved … Continue reading
Telefonica Brasil / To cut 1,000 jobs
Telefonica Brasil SA has opened a voluntary buyout program to cut 1,000 jobs, a union said on Wednesday, as the Brazilian phone company works to keep down costs and overhaul its flagging fixed-line operations. The Brazilian unit of Spain’s Telefonica said it was carrying out an “administrative reorganization to maintain competitiveness,” according to a press … 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 