France’s Socialist government may clinch a deal on labor reform by the end of this year but its cautious approach means the outcome may fall short of business leaders’ hopes for a “competitiveness shock” to revive the economy. President Francois Hollande wants a quick agreement that will help companies adjust more nimbly during economic downturns, … Continue reading
UK Labour Market Statistics, September 2012 The employment rate for those aged from 16 to 64 was 71.2 per cent, up 0.5 on the quarter. There were 29.56 million people in employment aged 16 and over, up 236,000 on the quarter. The unemployment rate was 8.1 per cent of the economically active population, down 0.1 … Continue reading
There is zero unemployment in IT security, suggesting a huge shortage of skills in the profession, says Hord Tipton, executive director of professional certification body (ISC)2. But there needs to be a focus on training people to be specialists in areas such as digital forensics, cloud computing and access control, who can see the bigger … Continue reading
“The United States publishes two employment numbers: one based on a survey of employers (“the payroll survey”) and one based on a survey of households” Stefan Karlsson in US unemployment is worse than the headlines say on CSMonitor.com , adding: “The household survey gets more ink, but its proven itself unreliable.” “As I’ve discussed repeatedly, unlike most other … Continue reading
Willow Valley Inn & Suites in Lancaster County will lay off 175 people in November when the hotel closes to be demolished as part of the ongoing redevelopment there, according to a letter filed with the state Department of Labor and Industry. The West Lampeter Township hotel is operated by Willow Valley Associates Inc., which … Continue reading
The Chinese telecoms equipment-maker Huawei will tomorrow hand David Cameron a post-Olympics trade boost by unveiling a £1.2bn investment plan to accelerate the growth of its British business. I can reveal that Huawei, one of China’s largest – and most contentious – private companies, will pledge to create at least 700 jobs in the UK … Continue reading
“Most of the job losses during August were in the formal sector, which shed 14 382 jobs,” Adcorp said in a statement. “Permanent employment fell by 7 688 during the month, whereas agency employment increased by 1 083.” According to the Adcorp Employment Index, employment fell at an annualised rate of 0.23%, following sharp declines … Continue reading
Bankrupt photography pioneer Eastman Kodak Co. is losing more executives and plans to cut an additional 1,000 jobs by the end of the year as it shrinks into a commercial printing-focused company. The latest job cuts follow the reduction of about 2,700 employees globally this year, the Rochester, New York-based company said Monday in a … Continue reading
Canadian telecom network equipment maker DragonWave Inc (DWI.TO: Quote) (DRWI.O: Quote) said it is eliminating 48 jobs as it grapples with cash burn due to its acquisition of Nokia Siemens Networks’ NOKI.UL microwave business. This is its second job cut in three months. DragonWave had cut 68 jobs in Ottawa and Israel in June. The … Continue reading
Hewlett-Packard said it will slash 2,000 more jobs as the technology giant unveiled a bundle of new computers. In a regulatory filing, the Palo Alto tech company revealed it now plans to cut 29,000 jobs by October 2014, according to a report by the Associated Press. Previously, the company had said it planned to cut 27,000… … Continue reading
US Job Market is nearly In recession Continue reading
After a decline in July, employment rose by 34,000 in August, the result of an increase in part-time work. The unemployment rate held steady at 7.3%. Employment On a year-over-year basis, employment increased by 1.0% or 177,000, with most of the gains occurring in the spring of this year. Virtually all of the increase in the 12-month period was in full-time … Continue reading
Total nonfarm payroll employment rose by 96,000 in August, and the unemployment rate edged down to 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, in professional and technical services, and in health care. Household Survey Data The unemployment rate edged down in August to 8.1 percent. Since … Continue reading
Microsoft will hire 1,000 staff in China over the coming year, adding to the 4,500 the company already employs in the country, a senior executive said on Thursday. The move is aimed at strengthening the company’s position in a market it sees as key to future growth, but where software piracy and regulation remain serious … Continue reading
A just-released report from the Brookings Institution rated Chicago and other cities by how well job openings line up with workers’ education. Like most big cities, Chicago has a larger share of available jobs that require higher education — a bachelor’s degree or more — than job seekers who hold those degrees. There are 3.5 … Continue reading