Employment

This tag is associated with 2039 posts

US / Small Businesses Net Hiring Still Negative and Droping

More U.S. small-business owners report letting employees go than hiring them on average over the past year, for a net hiring index of -12 in April, according to the Wells Fargo/Gallup Small Business Index survey. This is on par with -10 in January and -9 in April 2012. These results are from the quarterly Wells … Continue reading

UK / Banks employment to 9yr low

Britain’s four biggest banks will have cut a quarter of their staff worldwide by the end of this year from peak staffing levels of 2008. Thousands of jobs are targeted as British banks centered in LIBOR rigging and insurance mis-selling scandals continue to cut costs. Royal Bank of Scotland, HSBC, Lloyds and Barclays will employ … Continue reading

US / Job Creation Under The Last 5 Presidents

This graph shows the change in private sector payroll jobs from when each president took office until the end of their term(s).  President George H.W. Bush only served one term, and President Obama has just started his second term. Mr. G.W. Bush (red) took office following the bursting of the stock market bubble, and left during the bursting of … Continue reading

The UK ‘Jobs Gap’ / More than 800,000

The UK is more than 800,000 jobs short of the amount it would need to restore employment rates to those seen before the recession, a study from independent think tank the Resolution Foundation has found. While the number of people in employment had climbed by 160,000 since 2008 to nearly 30 million, this positive news … Continue reading

College Grads / A demand problem, not a skills problem

The same factors that are hurting the job market are making it hard for start-ups and small businesses to succeed: consumers aren’t spending enough money to create an expansion on their own, and austerity-driven cuts in government spending are weakening economic growth. As Heidi Shierholz of the Economic Policy Institute puts it, the declining prospects … Continue reading

US/ Older workers underutilized or not ? It depends

In the U.S. non-federal sector, older workers are more likely than younger counterparts to report being able to put their best skills to use, a survey says. The Gallup-Healthways Well-Being Index involving 115,000 U.S. adults — including 8,000 who identified themselves as federal workers — was conducted Jan. 2-Dec. 30, 2012. About 85 percent of … Continue reading

India / U.S. firms have generated 350,000 jobs between 2007 and 2011

Painting a buoyant picture of the Indo-U.S. trade ties, Jennifer McIntyre, Consul-General of the U.S. Consulate General in Chennai, has said the bilateral trade in goods and services between the two countries has increased by four-and-a-half times in the last decade. Addressing members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) here … Continue reading

China’s Labor Market

China’s labor markets are flashing a warning sign, with new job adverts on a leading recruitment website sharply down in April, and job losses in manufacturing spreading to the services sector. With the official data on labor markets infrequent — and, in some cases, misleading — alternative indicators take on an added significance. China Real … Continue reading

Ford / More Jobs And Vacations Skipped

Pent-up demand for new vehicles, along with a rebounding economy and a surging stock market, is bringing car buyers out in droves. On Wednesday, Ford Motor said it will add an additional 200,000 units of annual capacity this year — almost the equivalent of opening another assembly plant in North America. The extra capacity at … Continue reading

Canada / 150,000 jobs would be at risk in the housing sector

Canada’s housing market is slowing dramatically in terms of both sales and construction, dragging down economic growth and putting some 150,000 jobs at risk in coming years, a mortgage industry association warns in its spring report. The Canadian Association of Accredited Mortgage Professionals stops short of calling the ongoing slide that began about nine months … Continue reading

UK / venture capital trusts create thousands of jobs research finds

A survey of companies that have been funded by venture capital trusts (VCTs) has found that they have created 14,000 new jobs since receiving the investment. The Association of Investment Companies (AIC) heard from 271 such businesses, which reported that their combined workforces have swelled from 23,643 at the time of the VCT injection to … Continue reading

Monster / Demand for Engineering Jobs Grows in 2013

We recently surveyed employers to gauge their recruitment plans for engineering job opportunities, and learned that a majority of employers (73%) are likely to hire engineering talent over the next 60 days, driven primarily by staff increases (60%) and company expansion (54%). Our survey found that there is both a need for a variety of … Continue reading

China / Jobless fears as record 6.99 million graduates hit market

A record 6.99 million students – an increase of 190,000 compared to last year – will graduate from China’s higher education institutions this year. But graduate unemployment, a scourge in recent years, shows no sign of easing for the class of 2013. Local media in a number of Chinese regions have been declaring 2013 as … Continue reading

France / The right Job Plan ?

The man charged with reviving France’s shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country’s first-ever minister for industrial renewal, Arnaud Montebourg has told the world’s largest steelmaker it is not welcome in France; exchanged angry letters with the head of an American tire company … Continue reading

Brazil / Govt Has Created More than 4 Million Jobs since 2011

Brazilian President Dilma Rousseff, stated today that more than four million new formal jobs have been created since 2011, an important step in reducing inequality in the country. More jobs and wage increases are key factors for reducing inequalities in the country, Rousseff stressed today in her weekly radio program, “Coffee with the President.” “If … Continue reading

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