Job Market Monitor
Employment
Scotland / Areva will create 750 jobs in new wind turbine plant
Areva, one of Europe’s largest offshore wind energy players, confirmed today that it will locate its UK turbine manufacturing site in Scotland.The announcement, which was made this morning during the First Minister’s visit to Paris, could create 750 jobs in Scotland from manufacturing and the supporting supply chain.The company today signed a strategic agreement with … Continue reading
China / Minorities are disadvantaged in the job search process concludes a study
Reza Hasmath, Benjamin Ho and Elaine M. Liu estimate wage differentials between ethnic minorities and the Han majority in China from 1989 to 2006 in Ethnic Minority Disadvantages in China’s Labor Market? on seh.ox.ac.uk (Adapted choosen excerpts by JMM to follow) A decade after market reforms commenced in 1978, the Communist Party of China (CPC) abandoned its job assignment system. In … Continue reading
Facebook / Users who have recently lost a job feel greater stress
Among those who have recently lost a job, social networksin general and online ones in particular may be useful to cope with stress and find new employment write Moira Burke and Robert Kraut in Using Facebook after Losing a Job: Differential Benefits of Strong and Weak Ties on thoughtcrumbs.com. (Adapted choosen excerpts by JMM to follow) The study focuses on … Continue reading
UK – Hard hit by job cuts in banking sector
GLOBAL banks have slashed almost 160,000 jobs since early last year, including more than 21,000 across taxpayer-backed lenders Lloyds Banking Group and Royal Bank of Scotland, and more lay-offs are in the pipeline as the industry restructures. Redundancies in the banking sector have outpaced new hires by roughly two-to-one according to a study that shows … Continue reading
Closing the Skills Gap / Connecting College Students and Employers
There are two major factors we need to address to close this gap and bring students and young professionals closer together with employers. The first factor is empowering students to make informed decisions about their degree and courses they take. It takes 120 credits to graduate with a Bachelor’s Degree, yet the national average is … Continue reading
FED / Lockhart / Aggressive Easing Needed For Jobs
Federal Reserve Bank of Atlanta President Dennis Lockhart said forceful central bank policies will remain needed to spur job growth even if Congress averts sudden tax increases and spending cuts at the end of the year. “I expect that continued aggressive use of balance sheet monetary tools will be appropriate and justified by economic conditions … Continue reading
Canada / Are Temporary foreign workers filling gap or depressing wages?
News that a consortium of mostly Chinese companies will seek permission to use exclusively Chinese labour for underground work in four proposed B.C. coal mines has blown the lid off a simmering debate over the dramatic increase in the use of Canada’s temporary foreign worker program. The Harper government, which only last spring announced measures … Continue reading
India / IT-BPO sector to add 230,000 jobs in 2012
According to NASSCOM, the Indian IT-BPO sector continues to be an employment generator and is expected to add 230,000 jobs in FY 2012. This implies direct employment to nearly 2.8 million, and indirectly leading to employment of about 8.9 million people. Similarly, 2013 will witness hiring at all levels, right from freshers to highly experienced … Continue reading
Gender Gap / Unequal access to ‘hot jobs’ says Catalyst
Women around the globe are blocked from advancing in their careers because of unequal access to high visibility jobs and international experience, according to a new report. After graduate school, women start at lower level jobs than men and receive less pay, and the gender gap just gets wider as their careers progress, the study … Continue reading
India / Energy Revolution could generate 1.5 million jobs by 2030 writes Greenpeace
The second edition of India Energy [R]evolution in 2012 provides a practical pathway for India to secure its energy particularly electricity supply to achieve its long-term ambitious economic growth along with providing access to modern electricity technology to a 300 million population who are still waiting to see light in their homes while remaining low … Continue reading
Employment In Europe / Some perspectives
Over the past decades, there used to be that almost axiomatic, empirically derived law in economics that the natural unemployment *** rate in the US was bound to be lower than in most other western countries (notably European ones). I concentrate mainly on the EU in this answer since the other European countries are mostly … Continue reading
Healthcare Jobs are Booming (Infographics)
via Healthcare Jobs are Booming | Visual.ly.
Beijing / Jobs fair with more than 500 vacancies at nearly a hundred companies
More than 500 vacancies at nearly a hundred companies will be up for grabs next week at a jobs fair in Beijing, aiming to attract the best Chinese talent returning from overseas. Organizers from the Chinese Service Center for Scholarly Exchange, at the Ministry of Education, say they have already attracted 1,500 job seekers to … Continue reading
Jobs for America / A Rooseveltian Second Term Agenda
As part of our series “A Rooseveltian Second Term Agenda,” a reminder that creating more good jobs must be the president’s top priority. The presidential victory of Barack Obama was an important vindication for the uses of government. The small-government ideologues were defeated, but now the nation must go farther and recognize government is indeed a … Continue reading
Canada / Almost half feel overqualified for their jobs
Canadians are not alone in feeling undervalued in the workplace, as a new survey shows almost half of the population feels overqualified for their jobs. The latest global work monitor survey released by recruitment firm Randstad showed 44 per cent of Canadians feel they are overqualified for the positions they fill, while one in five … Continue reading
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