Job Market Monitor
Employment
Job Search / The Hidden Jobs
The “hidden job market” is one of the biggest of buzz phrases for job seekers. Many experts argue that up to 80 percent of the available jobs are hidden, although absolute documentation is hard to come by. So where are all these jobs, and how can you access them? Typically, people think of the hidden … Continue reading
UK / Self-Employment, the fastest growing sector since the Financial Crisis
The number of self-employed people in Britain has shot up by 367,000 since the financial crisis, according to official figures, becoming the fastest growing sector in the labour market and masking a fall in the number of employees, as many were forced to make their own way because of the global downturn. In recent months, … Continue reading
Students / Job Search / How to get your social media presence ready
It’s that time of the year when many students are starting to think about a summer job. Most are preparing their resume, learn how to fill out an application, making connections and get your references in order. But one thing that many students forget to do is to make their social media profiles “job search … Continue reading
EU / Van Rompuy to propose youth employment initiative
Herman Van Rompuy, the president of the European Council, will propose a “youth employment initiative” worth several billion euros at a special summit on the European Union’s long-term budget later this week (7-8 February). “The budget must help us tackle the most urgent problems,” Van Rompuy wrote in a message published today (5 February). “Youth … Continue reading
US / Smart Deficit Reduction Matters
According to the Bureau of Labor Statistics, the economy added 157,000 jobs during the month of January and an average of 200,000 jobs in the prior three months. These new estimates of job gains now reflect the annual “benchmark” revision to the payroll survey, which showed that the level of employment in December last year … Continue reading
Hiring / Successful Startups (video)
Staffing a startup is an art. And while you’ll find dozens of different theories on right-fit hiring in the blogs, books and podcasts of seasoned HR reps and startup founders, there are two words you’re mostly like to find in all of them: culture and drive. It seems intuitive, right? Only hire clever, execution-oriented employees … Continue reading
US / Immigrants and Jobs ?
There are a lot of competing studies (and pundits) out there, but the general takeaway from conservative and liberal economists is that immigration is good for Americans’ living standards over the long run. That’s because immigrants raise the wages of native-born workers (and also lower the cost of immigrant-dense services like child care and cleaning). … Continue reading
Millennials / More active in their job searches than older seekers
A study by the hourly employment network Snagajob revealed that millennials, once accused of being the laziest generation ever, are more ambitious in their job searches, re-engage in the process at a faster rate and apply for more jobs compared to older job seekers. Over the past year, younger job seekers increased their job application … Continue reading
India / Part-time jobs have become a boon for student
Both boys and girls – just passed out of the campus or still pursuing their courses and preparing for competitive examinations are taking up part time jobs as receptionist, life insurance agents, telesales consultants, catering companies’ staff etc as they find it difficult to do a regular eight-nine hours job in an organization. “We prefer … Continue reading
China / Internet business boom has helped create more than 10 million jobs
Chinese young people are seriously considering making a living online as the economic slowdown bites China’s more conventional jobs market. An Internet business boom has helped create more than 10 million jobs in China, which greatly alleviates current employment pressure, according to a new report by the Ministry of Human Resources and Social Security (MHRSS). … Continue reading
Recognition: A systematic need in our business culture, but …
Recognition is a strategy that we all use to feel competent – to feel good enough. There is nothing wrong with giving a pat on the back, but as a society we have come to rely upon it to prop up our self-esteem. If we need recognition from others to feel good and we perceive … Continue reading
UK / Worst time for young people?
Rising wages and low house prices helped the baby boom generation to prosper. Today’s young face high unemployment, expensive education, and a lifetime of renting. Have they never had it so bad? Let’s take a typical 24-year-old everyperson. This person lives in Nottingham. There’s a one-bedroom flat they want but it costs £120,000. You need … Continue reading
D.C. area / Local governments restart hiring
As many state and local governments strengthen their once-shaky fiscal footing, there are signs that municipalities in the Washington region have returned to a more normal trajectory for hiring after being constrained during the recession and its immediate aftermath. The government sector added 8,900 jobs in the D.C. area in 2012, according to the Labor … Continue reading
Philippines / Creating ‘good jobs’: an ‘overwhelming challenge’ says World Bank
A World Bank official has called the huge number of unemployment and underemployment in the Philippines as a huge challenge for the Aquino administration. “The need for good jobs — jobs that raise real wages or bring people out of poverty — is an overwhelming challenge,” Motoo Konoshi, World Bank Country Director, speaking before hundreds … Continue reading
US Workforce Development / Layoffs At State Unemployment Agencies
Businesses added 166,000 jobs in January, the U.S. Labor Department announced Friday, while the government eliminated 9,000. The twin trends have been a signature of the past three years of economic recovery. For some state workforce agency staffers, the overall improvement is bad news. With fewer people claiming unemployment insurance benefits, state unemployment agencies will … Continue reading
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