Job Market Monitor
Employment
Europe – Hierarchies ‘stifle innovation at work’ and Chinese better at fostering ideas from junior staff, claims report
Workplaces in Europe are failing to make the most of innovative ideas from junior members of staff because of an ingrained hierarchical approach, a study has claimed. Only 8 per cent of European respondents to the KPMG Tech Innovation Survey said that their organization was good at ‘spotting and nurturing innovation from the bottom up’. … Continue reading
Germany – Employment rose by 1.2% and Unemployment Rate at 5.4%
According to provisional results of employment accounts, the number of persons in employment rose by 1.2% in June 2012 on June 2011. The growth rate thus was slightly lower than in the months February to May 2012 (+1.3%) and January 2012 (+1.4%). Compared with May 2012, the number of persons in employment was up by … Continue reading
US – Federal Government – Fear hinders hiring people with disabilities
Fear is one of the biggest barriers to the federal government hiring more people with disabilities. That fear comes from managers not knowing how a person with disabilities can do their job — even if they are qualified, said Kathy Martinez, assistant secretary of Labor for the Office of Disability Employment Policy. “What happens when … Continue reading
Boomers held 11.3 jobs from age 18 to age 46, nearly half of these jobs held from ages 18 to 24.
The average person born in the latter years of the baby boom (1957-1964) held 11.3 jobs from age 18 to age 46, according to the U.S. Bureau of Labor Statistics. Nearly half of these jobs were held from ages 18 to 24. These findings are from the National Longitudinal Survey of Youth 1979; a survey of 9,964 men … Continue reading
Canada – 74% believe older job applicants are discriminated against
Nearly three-quarters of Canadians believe workplaces are shunning older job applicants based solely on their age, a worrisome finding given labour force trends in Canada.In a survey conducted by Ipsos Reid exclusively for Postmedia News, 74 per cent of those asked either “strongly” or “somewhat” agreed that employers discriminate against older people looking for jobs. … Continue reading
Job Gap – Employment Policy – It is the right time
Faced with a jobs crisis, policymakers the world over are digging deep into their policy toolkits to generate more employment. A recent study by the IMF’s Fiscal Affairs Department argues that reforms of tax and expenditure policies offer great promise in helping countries confront the jobs crisis, including in the short term. The study argues … Continue reading
Saudi Arabia – Ministry warns employers: it is a violation of the Kingdom’s labor regulations to insist a woman should be unmarried
Ministry spokesman Hatab Al-Anazi said: “Some private companies are stipulating conditions such as a woman shall be recruited only if she is single or not pregnant if married. “It is against the regulations approved by the ministry.” Al-Anazi added the demand a woman worker should remain single is also against the Islamic law adopted by … Continue reading
What does the bad Job Market mean for you as a job seeker?
So what does the bad Job Market mean for you as a job seeker? Tempting as it is to just hide in Mom’s basement, instead use what you know about the numbers to impact how you look for jobs. Lots of jobs that you might find on national job boards are going to attract a … Continue reading
China – Slower growth but tight job market
Workers living through the slowest run of global economic growth in more than three years are in fear for their jobs everywhere except in the very place investors are most concerned about – China. Despite six straight quarters of slowing growth, there are more job vacancies in China than there have been for around a … Continue reading
US – 27 states recorded unemployment rate increases
Regional and state unemployment rates were little changed in June. Twenty-seven states recorded unemployment rate increases, 11 states and the District of Columbia posted rate decreases, and 12 states had no change, the U.S. Bureau of Labor Statistics reported today. Forty-seven states and the District of Columbia registered unemployment rate decreases from a year earlier, while three states experienced increases. … Continue reading
Australia – Carbon tax won’t hurt jobs according to OECD’s Report
Australia’s carbon tax is expected to have at most a moderate effect on employment within the country, the Organisation for Economic Co-operation and Development (OECD), predicts. According to the OECD’s Employment Outlook 2012, “environmental taxes” were predicted to have a “modest overall effect on employment and little impact on the demand for skills”. “Fossil-fuel industries … Continue reading
Europe Weak Job Market – Manpower profit slumps
Global staffing services provider ManpowerGroup (MAN.N) on Friday reported sharply lower quarterly profit that beat Wall Street expectations as Europe’s major economies weakened and a stronger dollar reduced results. Net earnings fell 44 percent to $41 million, or 51 cents per share, from $72.7 million, or 87 cents per share, a year ago. Excluding one-time … Continue reading
Skills Gap Means Longer Hours Hint for Some Jobs
Even in a time of 8% unemployment, some jobs go begging. Surveys reveal a significant share of companies report difficulties filling certain jobs. What’s a company to do when it can’t find workers with needed skills? Work its current employees for longer hours. That’s the conclusion by economists at the Conference Board. The trend suggests … Continue reading
Private sector job recovery stronger than that of early 2000 and at par with that of early 90s
The U.S. economy is working its way back from the Great Recession. One indication has been that unemployment insurance claims have steadily fallen since September and they are now at the same level as in March of 2008. Additionally, layoffs are at the same level as in 2006. We also recently learned that the ratio … Continue reading
Interview Questions – 3 Must and Why
Interviewing job candidates is tough, especially because some candidates are a lot better at interviewing than they are at working. To get the core info you need about the candidates you interview, here’s a simple but incredibly effective interview technique I learned from John Younger, the CEO of Accolo, a cloud recruiting solutions provider. (If … Continue reading
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