Job Market Monitor
Government
US / More Would Opt for a Business Job Than a Gov’t Job
By 60% to 35%, more U.S. adults would rather work for a business than for government, unchanged from January 2010. Among those currently employed for pay, preferences are similar: 63% would rather work for business and 33% for government. Source: More in U.S. Would Opt for a Business Job Than a Gov’t Job.
Canada / Ottawa Region / ‘Hangover’ from government layoffs spills beyond public sector
The negative impact of government downsizing on employee engagement is seeping beyond federal offices and into workplaces across the National Capital Region, according to a local management expert. Jaime McGillivray, a Gatineau-based director with the Canadian Management Centre, said many local residents know a friend, family member or neighbour affected by government cutbacks. The perceived … Continue reading
UK Public Sector / 70% of hiring managers saying a lack of new talent is hindering efficiency
Over 1.5m public sector job vacancies will need to be filled by 2017, but ‘poor perception’ is presenting a key barrier to attracting new recruits, according to new research. Bridging the Gap: Developing a framework to attract new talent into the Public Sector – published by the Centre for Economics and Business Research (CEBR) and … Continue reading
Australia – Governmental frontline services hit
PUBLIC servants in temporary positions were cut by the Newman Government despite internal warnings about the impact on frontline services. Documents obtained by The Courier-Mail under Right to Information laws have for the first time given revealing insights into the kinds of positions that were cut. Rather than desk-bound Brisbane bureaucrats being axed, the documents … Continue reading
Europe – School Cuts Will Sacrifice the Future
When the European Students’ Union begins its biannual convention Wednesday in the Cypriot resort of Limassol, its leadership will be focusing on one issue: cutbacks in education. Governments in many countries in the European Union are cutting back so much on education that when the E.U. economy recovers, it will be difficult to sustain growth, … Continue reading
Washington – Retirements surge, new hires plummet
The federal government’s long-awaited retirement wave is here, and it’s smacking headlong into the biggest hiring slowdown in a decade. And it’s not just retirements. Overall attrition shot up in 2011, which caused the government’s total workforce to drop by its greatest amount since the height of the government downsizing in 1999. With no end … Continue reading
India Gov’t unveils big bang reforms
After months of dithering on the economy, India’s beleaguered government roared back to life in dramatic fashion on Friday, announcing big bang reforms as part of package of measures aimed at reviving growth and staving off a ratings downgrade. A day after sharply increasing the price of heavily subsidized diesel, the government said it was … Continue reading
Greece – Underground Economy Grows. Is there a link with the Euro crisis ?
Greece does not have the means to police its underground economy, which is considered very large compared to the size of the country. Austerity measures that cut the size of government will make enforcement of tax laws even more difficult. That is too bad because there is a lot of money to be had if only Greece could get cash … Continue reading
Denmark – Government cuts nearly 1,000 workers
Not since 1920 have so many state employees been fired Finance minister Bjarne Corydon (Socialdemokraterne) says the pain is not over (Photo:Scanpix) At a time when the prime minister, Helle Thorning-Schmidt (Socialdemokraterne), has said that stemming the rising tide of unemployment is at the top of her agenda, her government has now fired more state … Continue reading
Industrial countries can act as if all is well or treat the crisis as a wake-up call
In August 2005, Raghuram Rajan, an economist at the University of Chicago’s Booth School of Business, predicted the financial crisis. And he did it at possibly the least friendly of venues: a conference of high-powered economists who had convened in part to honor Federal Reserve Chairman Alan Greenspan. Rajan presented a paper titled “Has Financial … Continue reading
Australia | 4200 goverment jobs slashed
Thousands of Canberra-based public servants will lose their jobs to help get the economy back in the black, under a federal budget that pushes a new round of middle-class welfare initiatives. In the biggest attack on the federal bureaucracy since the late 1990s, when John Howard came to power and put the ACT into recession, … Continue reading
UPDATE | The cry of an innocent | David Cameron is disappointed by his “remarkable achievement”
Cameron’s Remarkable Achievement – NYTimes.com When David Cameron became PM, and announced his austerity plans — buying completely into both the confidence fairy and the invisible bond vigilantes — many were the hosannas, from both sides of the Atlantic. Pundits here urged Obama to “do a Cameron”; Cameron and Osborne were the toast of Very … Continue reading
The cry of an innocent | David Cameron is disappointed by UK double-dip recession
Britain’s return to recession is “very, very disappointing”, Prime Minister David Cameron said today, but he insisted the Government will stick to its programme of austerity and deficit reduction. The Office for National Statistics today announced the 0.2% decline in gross domestic product (GDP) in the first quarter of the year which, after a fall … Continue reading
UPDATE : EU growth plan | Target: 17 million jobs
European Union officials are putting the final touches to a detailed economic growth plan they hope to unveil next week. The move comes as investors, spooked by the prospect of a deepening recession in the eurozone’s south, have pushed Spanish borrowing costs to their highest levels for four months. A draft of the 28-page plan … Continue reading
UK | Youth | Year Gap | 7,000 To Be Subsidised By Government
The government is set to hand out huge subsidies to 7,000 students and young people who want to take time out with a gap year within the next three years. The overseas volunteer gap years include work in water conservation, teaching and improving awareness about HIV. Charities involved in the placements include the British Red … Continue reading
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