Job Market Monitor
Employment
Taiwan / Chip maker Hon Hai, to add 10,000 jobs
TSMC, the world’s top contract chip maker, and Apple supplier Hon Hai Precision are adding 5,000 new staff as the technology industry picks up, a local newspaper reported on Monday. Chosen excerpts by Job Market Monitor via Taiwan Semiconductor, Hon Hai to add 10,000 jobs: Report – Times Of India.
India / 1.7 million apply for 1500 jobs in India’s largest state-run bank
India’s largest state-run bank has received 1.7 million applications for 1500 entry-level clerk jobs – and has promised to examine all of them. State Bank of India chairman Pratip Chaudhuri attributed the huge interest to good marketing and attractive employment terms, with the number of applications underlining the appeal of “jobs for life” in the … Continue reading
Canada / Job gains: thanks to older workers
Sometimes age and experience can pay off. In Canada, as in many other countries, an aging population can face financial uncertainty as it heads toward retirement. But for now, older workers are in big demand in the workplace. Canada’s see-sawing labour force swung back into job-creation mode in February, with a net 50,700 people finding … Continue reading
US / Nonfarm payrolls surged 236,000 jobs and jobless rate fell to 7.7 percent
U.S. employers stepped up hiring in February, pushing the unemployment rate to a four year-low and suggesting the economy has enough momentum to withstand the blow from higher taxes and deep government spending cuts. Nonfarm payrolls surged 236,000 jobs last month, the Labor Department said on Friday, handily beating economists’ expectations for a gain of … Continue reading
Canada / Employment rose by 51,000 and unemployment rate remained at 7.0%
Employment rose by 51,000 in February, following a slight decline the previous month. This increase was spread between full- and part-time work. The unemployment rate remained at 7.0% as more people participated in the labour force. Chart 1 Employment Compared with 12 months earlier, employment grew by 1.9% or 336,000, predominantly in full-time work. Over the same period, the total number of hours … Continue reading
US / A Chart on the Unrecovering Job Market Recovery
because of population growth, getting back to where we were five years ago isn’t enough. To get back to full employment, we need to have millions more jobs than we had then. This led us to wonder: What would Scariest Jobs Chart Ever look like if you compared the past five years with comparable periods … Continue reading
UK / Lower-skilled jobs still threatened by outsourcing
Lower-skilled and process-based jobs in the UK remain vulnerable in the face of continued popularity of business process outsourcing (BPO) to central and eastern European countries, according to research published today by professional services firm Towers Watson. The General Industry Compensation Report shows that despite the fast economic development of many countries such as Poland, … Continue reading
Chima / 7 interesting facts about employment law
Employers are obliged to employ a quota of people with disabilities, in appropriate types of job The representative office in China of a foreign company cannot directly recruit a Chinese citizen Statutory annual leave entitlement for employees is very low In many cases, legislation at provincial, regional or municipal level gives women a right to … Continue reading
US / Vacancies are there, but hiring is not
American employers have a variety of job vacancies, piles of cash and countless well-qualified candidates. But despite a slowly improving economy, many companies remain reluctant to actually hire, stringing job applicants along for weeks or months before they make a decision. If they ever do. The number of job openings has increased to levels not … Continue reading
Nova Scotia / Lots of highly skilled workers needed
RORY WILLIAMS wasn’t sure what he wanted to do when he graduated from Dartmouth High School two years ago. So he did what many Nova Scotia kids do: he hit the road. That was fortuitous. His epiphany came while he was working on a farm in Australia when he met a couple of Aussie welders … Continue reading
Job Search / Volunteering is valuable
It took me longer than I thought it would to discover my passion and career interests. Of course, I know that I will grow and change, but as I approached graduation and prepared to enter the workforce, I needed a focus. Fortunately, after four years of undergrad, two years of grad school, plus several internships … Continue reading
Canada / The Trouble With Apprenticeship / Overall completion rate was 4.9% in 2007
Skilled labour shortages are expected in Canada. Apprenticeship is seen by many as one of the best ways to provide for a supply of skills matching industry needs. The German model is praised around the world, exported and copied elsewhere. What about the system in Canada? Statistics Canada has published a study by Christine Laporte … Continue reading
France / New labor deal at Renault
French carmaker Renault (RENA.PA) has won support from workers for a nationwide deal on pay and conditions to boost its competitiveness as a second union gave its backing to the move on Wednesday. Force Ouvriere said in a statement that it had decided by a large majority to sign the new agreement “for a new … Continue reading
Canada / The Government Training Agenda
Speaking at the Canada 2020 Conference on Skilled Trades in the Energy Sector in Ottawa Feb. 28, Diane Finley, minister of human resources and skills development, noted labour shortages and skills mismatches have become a “dominant policy concern.” A number options are under consideration, including: • Helping Canadians make more informed career choices, including at … Continue reading
US / Megacommuters: 600,000 Travel 90 Minutes and 50 Miles to Work, and 10.8 Million Travel an Hour Each Way
About 8.1 percent of U.S. workers have commutes of 60 minutes or longer, 4.3 percent work from home, and nearly 600,000 full-time workers had “megacommutes” of at least 90 minutes and 50 miles. The average one-way daily commute for workers across the country is 25.5 minutes, and one in four commuters leave their county to … Continue reading
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