Employment

Looking for work abroad | Only money and lack of skills stand in the way

Three out of five employees in the UK (60%) want to change their job, but are being held back by a lack of finances(46%) and not having the right skills (42%), according to new a poll of 3,000 people by Bing, Microsoft’s search engine. The research was conducted to examine what Brits really want to … Continue reading →

Australia | Unemployment rate at 4.9% : 12-month low as people stop looking for a job

TREND ESTIMATES (MONTHLY CHANGE) Employment increased to 11,484,200. Unemployment decreased to 614,200. Unemployment rate steady at 5.1% from a revised March 2012 rate. Participation rate steady at 65.2% from a revised March 2012 rate. Aggregate monthly hours worked increased to 1,624.1 million hours. SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE) Employment increased 15,500 (0.1%) to 11,501,000. Full-time … Continue reading →

Job Statistics | A 200,000 gap makes the Job Report meaningless

Last Fridays’s Bureau of Labor Statistics release said 115,000 new jobs were created in April. However, if you read the footnotes, what Friday’s report really says was that the BLS is 90% certain that April new jobs were between 15,000 and 215,000. Mind you, the BLS did not say 100% only 90% certain. That means … Continue reading →

It will take until 2020 to close the Job Gap

U.S. jobs growth may have picked up earlier this year, offering the millions of unemployed hope that better days are ahead. But once again, the government’s monthly unemployment report comes with disappointing news. In April, the nation’s employers created 115,000 positions, after adding 154,000 in March, the Labor Department reported Friday. This was less than … Continue reading →

Three main reasons that this recovery isn’t generating enough jobs

There are three main reasons that this recovery isn’t generating enough jobs: 1. Overall economic growth has been subpar since this recovery started Six months after the last recession ended, the U.S. economy began growing at an annual rate of 3.8%, adjusted for inflation. And although it has slowed since then, real growth for the … Continue reading →

US | Nonfarm payroll employment up by 115,000 and the unemployment rate at 8.1%

Nonfarm payroll employment rose by 115,000 in April, and the unemployment rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, retail trade, and health care, but declined in transportation and warehousing… Source: via Employment Situation Summary. Why Did the Unemployment Rate Drop? The … Continue reading →

Job Search | Ageism exists

Ageism does exist, as many types of discriminations do when hiring. What you need to do, however, is strategically plan how you are going to present yourself in an interview. Right now there is a declining work force. Thousands and thousands of people are retiring, taking with them years of institutional knowledge. This knowledge is … Continue reading →

India | 2,5 M jobs created in labour intensive sectors

Over 25 lakh jobs were created in the country between October 2008-December 2011 in selected labour intensive and export oriented sectors, like textiles, the Rajya Sabha was informed today. “According to the survey results, overall estimated employment in all selected sectors has experienced a net addition of 25.84 lakh from the first survey (October, 2008 … Continue reading →

ADP : Slowdown in U.S. Employment Growth

Recent hiring has slowed down, according to a report released Wednesday on private employment in April. Private-sector employment increased 119,000 on the month, led by the service-providing sector and small and medium businesses, according to payrolls-processor Automatic Data Processing Inc. The April gain is down from monthly employment increases of about 200,000 averaged over the … Continue reading →

Calgary | A Job Nirvana

Labour supply is the number-two concern of companies surveyed by Calgary Economic Development, says President and CEO Bruce Graham. Their number-one concern is the jittery world economy, but that’s a fret for the global pace of business that drives oil prices, rather than for the local economy. What business leaders most want is help to … Continue reading →

Survey | Graduates in vocational subjects most likely to find advantage in looking for employment

In a recent survey, Gaby Atfield and Kate Purcell found in Futuretrack Stage 3 Working Paper 4: The fit between graduate labour market supply and demand that graduates who were studying vocational subjects were most likely to believe that the subject they had studied would be an advantage in looking for employment. Sixty per cent of respondents studying subjects allied to … Continue reading →

From factories to cubicles – 60 years of labor market changes in a chart

American Laid Off Workers | Three-in-Five Found New Jobs

“Fifty-nine percent of workers who were laid off from full-time jobs in the last year reported they found new positions, up from 55 percent last year.” according to CareerBuilder Survey. Majority of Workers Finding Jobs in New Fields 60 percent of workers in the 2011 survey took jobs in different fields vs 48 percent last … Continue reading →

U.S. | Shares of Low-wage and low-income workers have grown over the last three decades

Three decades of stagnating earnings for bottom deciles of male wage earners and 1990s anti-poverty policies promoting employment among poor single mothers suggest increases in the ranks of low-wage breadwinners living in low-income households. Low-wage workers often get few employer sponsored benefits, while antipoverty programs target poor non-earners; these factors suggest low-wage and low-income workers may be unprotected … Continue reading →

The personnal unemployment cycle

Unemployment gets worse before getting better, then it gets worse again, finds U of M study Being unemployed is roughest early on and then again after you’ve been out of a work for months, the study finds. A new study co-authored by Connie Wanberg, associate dean at the University of Minnesota’s Carlson School of Management, … Continue reading →