Job Market Monitor
Europe
Europe / A Scorecard to Help Tackle Unemployment Crisis
The European Union on Wednesday proposed a scorecard to help national authorities remedy emerging social problems and a lack of jobs—part of a push led by Germany to dispel accusations the bloc has done little to defuse the region’s festering unemployment crisis Continue reading
Europe / Youth Unemployment: A Map
This map from Reuters shows the current levels for the crisis in Europe Continue reading
US Job Market / “Jobless Recoveries” are likely in the future finds Brookings (Video)
In each of the three most recent U.S. recessions, the unemployment rate has stayed high for longer and longer durations, increasingly resembling the experience of many West European countries in the 1980s Continue reading
Europe / Chinese telecommmunications equipment maker Huawei plans to create 5,500 jobs
Chinese telecommmunications equipment maker Huawei plans to create 5,500 jobs in Europe within five years as the company expands its services in the region, state-owned newspaper China Daily said on Saturday. Huawei, the world’s second largest maker of telecoms communication equipment, is to offer information technology solutions to European businesses, Patrick Zhang, president of marketing … Continue reading
Europe’s Airlines / Lowering costs and cutting Jobs
European airlines will have to cut costs at existing short-haul businesses to compete with budget airlines or struggle to stay aloft, IAG boss Willie Walsh said. So-called legacy carriers such as IAG, Lufthansa and Air France-KLM are cutting jobs, renegotiating staff contracts and dropping uncompetitive routes to get costs on a par with budget carriers, … Continue reading
Europe / Carmakers warn of more layoffs
European carmakers need to close more factories and cut more jobs, executives at the Frankfurt car show said on Tuesday, warning any recovery in demand was likely to be long and slow as unemployment remained high and bank lending weak. Continue reading
Europe’s Offshoring / 770,000 IT jobs lost in 15 years
Offshoring, technology advancements and low growth have contributed to a massive reduction in IT jobs in Europe, with almost half the number of IT roles in the largest companies expected to exist in 2017 compared to 2002. According to research from The Hackett Group, in 2002 there were 1.6 million corporate IT jobs in the … Continue reading
Euro area unemployment rate at 12.1% in July
The euro area1 (EA17) seasonally-adjusted unemployment rate was 12.1% in July 2013, stable compared with June. The EU28 unemployment rate was 11.0%, also stable compared with June. In both zones, rates have risen compared with July 2012, when they were 11.5% and 10.5% respectively. These figures are published by Eurostat, the statistical office of the … Continue reading
Europe / A Baby Recession ?
An interesting and forward looking study from the Eurostat on the demographic fallout from the current crisis predicting a so-called ‘baby recession’ in Europe Continue reading
Europe / Unemployment stable with only Germany and Austria with Youth Unemployment below 10%
The euro area (EA17) seasonally-adjusted unemployment rate was 12.1% in June 2013, stable compared with May. The EU27 unemployment rate was 10.9%, down from 11.0% in May. For youth, the lowest rates were observed in Germany (7.5%) and in Austria (9.3%)
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Europe’s young jobless: Testimonies
Europe’s young jobless: Testimonies Continue reading
Renesas / 1,000 jobs cut in Europe
Renesas Electronics will shed more than a thousand jobs in Europe, including its whole workforce of more than 800 in Finland Continue reading
Europe / Framework of Actions on Youth Employment presented
At a press conference, on 11 June 2013, ETUC, BUSINESSEUROPE, UEAPME and CEEP presented their Framework of Actions on Youth Employment, resulting from social dialogue negotiations. With youth unemployment rates currently at 24.4% in the euro area and 23.5% in the EU27, urgent and determined action is needed. Europe cannot afford such a waste of … Continue reading
European Commission counts 100,000 foreign seasonal workers
Most of third-country workers in the EU find a job in the agriculture and tourism sectors, but the labour market segmentation divides them into first and second class. The actual figures of third-country seasonal workers employed every year in the EU are very difficult to get, but according to European Commission calculations they would be around … Continue reading
Europe / Fighting Youth Unemployment, a Priority ?
Four years ago — that was before the euro crisis began. Since then, the Greek government has approved a series of austerity programs, which have been especially hard on young people. The unemployment rate among Greeks under 25 has been above 50 percent for months. The situation is similarly dramatic in Spain, Portugal and Italy. … Continue reading
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