French call centre operator Capgemini has said it will create 500 new jobs in Inverness over the next three years. The company employs about 500 people in the Highlands at the moment and more than 120,000 worldwide. First Minister Alex Salmond, who attended the jobs announcement in Inverness, described the move as “immense”. Capgemini is … Continue reading
One after another, major financial firms are trimming their payrolls. In first-quarter earnings announcements this month, Bank of America, Citigroup, JPMorgan Chase, Goldman Sachs and Morgan Stanley revealed that they have slashed more than 31,000 jobs, or 3.5 percent of their combined workforce, in the past year. For three of those banks, it was the … Continue reading
In the U.S., the percentage of high school graduates by state ranges from 62 percent (Nevada) to 88 percent (Iowa), with an overall average of 78 percent. What about the 22 percent of young people who drop out of high school? What are their prospects? From a historical perspective, this chart shows the economic impact … Continue reading
Many older Americans and retirees are now working temporary and seasonal jobs as well as project assignments. There is a big demand in this area as employers generally do not have to pay benefits and the costs of off boarding are minimal by comparison to having to let a full-time person go. Any time employers … Continue reading
Sri Lanka can help citizens better themselves by removing obstacles to creating new and better jobs, including for women, the World Bank said. The development agency based on the theme of its World Development Report 2013, says creating opportunities for jobs are critical for reducing poverty. “One of the biggest challenges facing Sri Lanka is … Continue reading
We know the problem: the jobless rate for military members who have served our country since 9/11 is significantly higher than the general population. Each year, the Families and Work Institute, a non-profit and non-partisan research organization, honors companies that have gone the extra mile to help vets as they return to the civilian workplace. … Continue reading
A Scottish government taskforce has been set up to try to retain jobs at a collapsed coal-mining firm. Scottish Coal, which operated six open cast mines across Scotland, announced nearly 600 redundancies when it went into liquidation last week. Energy minister Fergus Ewing said the Scottish Open Cast Mining Taskforce would do everything it could … Continue reading
It is estimated that the growth in the state’s disability sector will create more than 30,000 new jobs by 2018. The new jobs will come from government investments and the national disability insurance scheme. NSW Disabilities Minister Andrew Constance launched another advertising blitz on Wednesday aimed at encouraging job seekers to consider the community care … Continue reading
The Federal Reserve set the target range for the federal funds rate at 0 to 25 basis points in December 2008. It has remained there because the recovery in output and jobs has been so slow. The rate was set so low to stimulate aggregate demand and job growth (by lowering borrowing costs for consumers … Continue reading
The number of jobs in the UK requiring a degree has overtaken the total of posts not needing any qualifications, an employment survey suggests. More than a quarter of jobs are now available only to graduates, it says. The study shows a major shift in the job market towards requiring many more skilled workers, as … Continue reading
As Hollywood treks to China for the 3rd Beijing International Film Festival, a new report has revealed that the film and television industry contributes big bucks to the local economy. According to a study sponsored by the Motion Picture Association (MPA) and the China Film Distributors and Exhibitors Association (CFDEA), movies and TV added $15.5 … Continue reading
The economic recovery in Illinois remains terribly weak. Our state has failed to make a strong comeback from the Great Recession that ended four years ago, in June 2009. We are falling further behind not just Texas, but practically every other state — including states such as Indiana that can make stronger arguments for luring … Continue reading
The largest information technology consulting firm in China said Monday it will plant its new U.S headquarters in Charlotte, bringing 200 jobs with an average salary of $100,000. Pactera Technology International, a Beijing-based firm with 23,000 employees worldwide, will make its U.S. headquarters in SouthPark Towers at 6100 Fairview Road, not far from SouthPark Mall. … Continue reading
THE Government is planning to deliver an extra 20,000 manufacturing jobs over the next three years – in a move away from the “madness” of the property boom. Ministers have complained that too much money and staff went into building houses instead of “making things” that other countries want to buy. The urgency to take … Continue reading
Supermarket giant Asda has revealed plans to make a £700m investment into its operations in a move expected to create 2,500 jobs. The investments include a new same-day delivery service for food orders, plus an injection of capital into its stores and supply chain. It comes as the Leeds-headquartered retailer, which is Yorkshire’s biggest company, … Continue reading