Job Market Monitor
Employment
China – Half of this year’s record high 6.8 million new college graduates are still struggling to find jobs
Hang Peng, Beijing, said, “This bachelor degree certificate used to be a magic key for Chinese grads to a high-paid job. But now, for many of them here, its really little more than permission to rent a bed in a job-seekers’ dormitory. This is a three-room apartment. But it’s been transformed into a crowded dorm … Continue reading
US Job Market Nearly ‘In Recession’
US Job Market Nearly ‘In Recession’ “…Some economists and analysts now wonder if the BLS seasonal adjustments are somehow off a bit. If the financial crisis and recession mucked with the seasonal ebb and flow of the economy, then the adjustments that BLS makes for its monthly reports might be a bit skewed. Some jobs … Continue reading
At the July 163 000 jobs rythm, it would take up to 2025 to recover
What the NYT Says With 163,000 new jobs created, July’s employment growth topped both analysts’ expectations and the meager job gains in May and June. While that growth was not enough to reduce the jobless rate – now 8.3 percent – it was enough to boost the stock market. For investors, the job tally was … Continue reading
UK – Watford – New Tom Cruise blockbuster ‘to create 500 jobs’
The filming of a new Tom Cruise blockbuster at a studio near Watford will create 500 jobs, Chancellor George Osborne said as he appealed to technology businesses to invest in the UK. Science fiction thriller All You Need Is Kill, which also stars English actor Emily Blunt, is to be made at Warner Brothers’ £100 … Continue reading
Illinois – Walgreen to expand – 500 jobs
Gov. Pat Quinn says Walgreen Co. plans to expand its operations in Illinois and create 500 jobs over the next three years. In announcing the expansion Friday, Quinn and Walgreen said the agreement is part of the “Invest Illinois Initiative.” Under the terms of the deal, Walgreen will also be eligible for tax credits tied … Continue reading
Brazil – Layoffs by IPI Tax Auto Makers Recipients Not Tolerated
Auto makers in Brazil that benefited from a cut in what is known as the IPI tax can’t reduce employment while the tax cuts are in effect, Brazil’s Finance Ministry reiterated Friday. Some interpreted the statement as a direct message to General Motors Co. (GM), which is considering shutting down production at one of its … Continue reading
Life after unemployment checks run out
Jobless benefits are phasing out this year for about 1 million long-term unemployed Americans as the federal government reels in Great Recession lifelines that provided unemployment checks for as long as 99 weeks in many states. By year’s end, another 2 million will see their checks cut off, because extended unemployment benefits will end beyond … Continue reading
US – July – Thx to the shrinking labor force: Employment rose by 163 000, not enough for the unemployment rate to fall (up @ 8.3%)
Total nonfarm payroll employment rose by 163,000 in July, and the unemployment rate was essentially unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, food services and drinking places, and manufacturing. via Employment Situation Summary. -*- The drop in participation is larger for men than … Continue reading
US – Unemployment rates lower in 328 of the 372 metropolitan areas
Unemployment rates were lower in June than a year earlier in 328 of the 372 metropolitan areas, higher in 32 areas, and unchanged in 12 areas, the U.S. Bureau of Labor Statistics reported today. Eight areas recorded jobless rates of at least 15.0 percent, while 17 areas registered rates of less than 5.0 percent. Two … Continue reading
The Talent War – Is Alberta losing ?
As Lorraine Mitchelmore rushed from a speaking engagement out into a hot June afternoon, the president and country chair of Shell Canada Ltd. paused to consider Alberta’s never-ending shortfall of skilled workers. “There’s a decade of projects that we’ve got in front of us,” she said, standing in the lobby of Calgary’s Delta Hotel on … Continue reading
Skills gap – Session Explores Solutions to Auto Industry’s Skilled Worker Shortage
In an industry that now employs 22 percent fewer workers than it did just five years ago, automotive employers are finding they must search extensively to fill job openings. The market for skilled workers and the global competition for talent will be the focus of “Surviving the Skills Shortage: Hiring Strategies and Solutions” at the … Continue reading
Singapore – Deputy Prime Minister Tharman Shanmugaratnam: Creating enough quality jobs is the key challenge ahead
Both developed and emerging economies face a serious future challenge of generating a large quantity of jobs as well as ensuring that these are of quality, says Deputy Prime Minister Tharman Shanmugaratnam. “If you connect the dots, across the advanced world and for much of the developing world, you have to conclude that the key … Continue reading
Improved Job Search Options Needed
With so many Americans willing and able to work, it should be simple for recruiters, human resource professionals and hiring managers to find qualified talent to fill job openings. But companies are increasingly complaining that they simply can’t find workers with the right skills to fill their job vacancies, especially when it comes to our … Continue reading
Labor market recovery has been steady and widespread says DOL and Nevada continues to reign supreme on Top
The release of last month’s state-level unemployment statistics reaffirmed what many economists, including me, have stated: the labor market recovery has been steady and widespread. These numbers aren’t just good news for our economy, they’re impacting the lives of everyday Americans. We have experienced 28 consecutive months of job growth across all industry sectors, except … Continue reading
Singapore – Unemployment inched higher to 2.1%
And total employment grew by a scanty 27,400. According to the Ministry of Manpower, employment creation has moderated slightly in the first quarter this year, though it remained fairly strong. Unemployment has risen slightly. The seasonally adjusted overall unemployment rate increased from 2.0% in December 2011 to 2.1% in March 2012… via Unemployment inched higher … 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 