Job Market Monitor
Employment
U.S. | Occupational Outlook Handbook 2012–13 edition
“It can be difficult choosing a career. When planning for the future, knowing which occupations are expected to grow—and which aren’t—is valuable information” writes the US Bureau of Labor Statistics. (Adapted Excrpts by Job Market Monitor to follow) The Occupational Outlook Handbook (OOH), published every 2 years by the U.S. Bureau of Labor Statistics (BLS), features … Continue reading
U.S. | Older workers capture more new jobs
Older workers are snaring an outsized share of job gains in the economic recovery as they put off retirement amid shrinking nest eggs, changes in Social Security benefits and improved health. They’re not necessarily limiting the pool of jobs for younger workers, says Dean Maki, chief U.S. economist for Barclays Capital. More-experienced employees are often … Continue reading
What Employers Want from the Long-Term Unemployed – Brent Rasmussen – Harvard Business Review
We often hear from job seekers: “If I have the necessary skills and experience, why am I not hearing back from more companies?” It’s a fair question, especially for the more than five million workers who’ve been unemployed for six months or longer (more than 40 percent of all unemployed job seekers). Struggling to get … Continue reading
Older Workers | Swedih Companies | Among the worst
Despite a large share of Sweden’s senior work force en route for retirement in the next few years, Swedish companies are among the worst in the world at recruiting and keeping people over fifty in employment. According to a study carried out by recruitment agency Manpower, only eight percent of Swedish employers have a strategy … Continue reading
ADP | Businesses add jobs
Businesses added more than 200,000 jobs in March, giving fresh evidence of recovery in the labor market, data showed on Wednesday. The ADP National Employment Report showed the private sector added 209,000 positions last month, slightly above economists’ expectations for a gain of 200,000 jobs. Analysts said it did not change their forecasts for the … Continue reading
Gallup | Job market conditions in March: best level since August 2008
U.S. job market conditions in March reached their best level since August 2008, with Gallup’s Job Creation Index now at +18, up from +14 in February. This four-percentage-point increase is the largest one-month jump in the index that Gallup has recorded since instituting the measure in 2008. Source: Source: Read more @ Hiring at U.S. Workplaces … Continue reading
Europe | Tech Skills Gap a Myth?
It’s often claimed we are suffering an IT skills crisis of epic proportions: just recently the European Commission announced that by 2015 there will be an estimated shortfall of 700,000 IT professionals across Europe. And yet, academics have told TechRepublic there is little hard evidence of a shortage of IT workers, as neither pay levels nor … Continue reading
Jobs Search | Call Employers
Here are the tips for cold-calling that I got from my career counsellor: Go through the Yellow Pages and make a list of businesses you think you might enjoy working for. I found this pretty fun and encouraging, because it made me realize just how many businesses there are in Charlottetown that fit what I’m … Continue reading
Canada | Layoffs begin for civilian defence workers
More than 1,000 civilian workers at the Department of National Defence will be told Wednesday that their jobs no longer exist. The cuts will hit affect Quebec and Ontario the most but the reductions will be felt across the country. At this point the jobs of 1,119 employees at DND have been identified but more … Continue reading
India | Robust hiring activities and 12% pay hike
Indicating a robust uptrend in the job market, a survey today said that 84 per cent of companies in India will ramp up their hiring activities this year and employees can look forward to an average pay hike of more than 12 per cent across most of the sectors. According to the survey conducted by … Continue reading
U.S. | 2011 Employment Situation of Veterans : Unemployment Rate drops to 8.3 % (from 8.7 % in 2010)
The unemployment rate for veterans who served on active duty in the U.S. Armed Forces at any time since September 2001–a group referred to as Gulf War-era II veterans–was 12.1 percent in 2011, the U.S. Bureau of Labor Statistics reported today. The jobless rate for all veterans was 8.3 percent. Twenty-six percent of Gulf War-era … Continue reading
College graduates of 2012 | Labor market improves
This year’s college graduates are being offered more jobs and fatter paychecks. Members of the Class of 2012 are being offered median starting salaries of $42,569 — up 4.5% from last year, a new report from the National Association of Colleges and Employers shows. Meanwhile, they have more jobs to choose from. Employers expect to … Continue reading
Skills Gap | Car Maker | More jobs than job seekers
After laying-off tens of thousands of employees in 2009, automakers and engineering firms are racing to fill new positions. Paul Eisenstein writes on The Detroit Bureau that at a recent career fair, job openings weren’t in short supply – job seekers were. Or more precisely, qualified job-seekers. Source: Read More @ More jobs than job seekers, … Continue reading
Low Wages and Labor Shortages
Economy Watch – Lots of restaurant jobs; not lots of pay For all you foodies hoping to land a gig in the glamorous restaurant industry in the months and years ahead, there will be plenty of jobs to be had. The problem is, many of the jobs don’t come with a glamorous paycheck. Spring and summer hiring … Continue reading
Australia | Metcash cuts 478 jobs
METCASH, the grocery wholesaler that owns the IGA and Franklins chains, will restructure its business, cut 478 jobs and incur one-off charges to position the company for ongoing difficult trading conditions… Source: Read more @ Metcash cuts 478 jobs in sweeping restructure | The Australian.
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