Job Market Monitor
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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
US – Are more jobs coming back?
After years of jobs moving overseas by the million, some are trickling back. China’s largest PC manufacturer, Lenovo Group, recently announced that it will open its first manufacturing plant in the U.S. The company expects to create 115 jobs in North Carolina, where it also operates customer service facilities and data centers. And in late … Continue reading
China – 2M compete for civil service jobs
Nearly two million candidates will compete for over 20,000 civil service jobs this year in China, said a state-run daily which lauded the move for applicants to have at least two years’ experience working at the grassroots level. Applications for the annual National Civil Service Exam (NCSE) opened Monday. An editorial in the Global Times … Continue reading
Veterans – A Coalition To Train for Manufacturing Jobs
To fill advanced manufacturing jobs, a new coalition of employers will train veterans, and help them to translate their wartime skills to civilian use, writes GE Chairman and CEO Jeffrey Immelt. In 1999, as soon as he completed high school and following in the footsteps of his father and grandfather, Lionel Hamilton enlisted to serve … Continue reading
Australia – In what ways can Lifelong Learning continually enhance employment prospects?
Lifelong Learning (LLL) and Employment Prospects: An Australian case by Allie Clemans, Anne Newton, Robbie Guevara and Sally Thompson try to answer the headline question, “In what ways can LLL continually enhance employment prospects?” The Australian case study has been guided by two objectives: 1. Identify the relationship between LLL and employment prospects in policy and practice; and, 2. Document existing … Continue reading
Working America – An Overview
Daily stock indices, monthly employment reports, and even quarterly data on the gross domestic product are insufficient indicators for answering this vital question: How well is the American economy providing acceptable growth in living standards for most households? EPI’s The State of Working America, 12th Edition looks broadly at available data and concludes that the … Continue reading
Only 18% of college grads had job offers by the end of April before graduation in 2011
Getting from college to a paycheck is a big worry for young adults; in 2011, only 18% of college grads had job offers by the end of April before graduation, according to the National Association of Colleges and Employers. That’s lending new appeal to a century-old college program long disdained by elite schools as “vocational … Continue reading
India – To go slow on hiring
The hiring pace across Indian companies is likely to slow down noticeably in the coming quarter according to a report released by a global recruitment firm on Tuesday. The fourth-quarter trends reveal that the uncertainty in the global markets-particularly in Europe-as well as signals of slowdown in India, mainland China and Brazil, are contributing to … Continue reading
US – Latino Immigrants as Job Creators
CFR’s Renewing America initiative just released a new report by Alexandra Starr, a fellow at the New America Foundation, titled “Latino Immigrant Entrepreneurs: How to Capitalize on Their Economic Potential.” Through statistics and personal stories, the report explores Latino immigrant entrepreneurs’ growing contributions to the U.S. economy. Contrary to many who assume Latino immigrants just … Continue reading
Older Workers Don’t Crowd Out Younger Workers For Jobs
How often have you heard people say that older workers putting off retirement and staying on the job longer means fewer opportunities for younger workers? Well, a new report finds just the opposite is true. Researchers for the Pew Charitable Trusts looked at the government’s Current Population Survey for data on workers ages 20 to … Continue reading
Australian Mining Jobs Decline
Mining sector employs 270,600 or 2% of total 11.5 million employed in Australia and has been struggling in the last few months with the strong dollar, rising costs and China’s desire to slowdown its economic growth. The sector in the last financial … http://www.123jump.com/australia/market-update/Australian-Mining-Jobs-Decline,-Fortescue-Debt-Worries-Weigh-on-Markets/50217/
Medicare Cuts Would Cost 500,000 Jobs
Nearly 500,000 jobs will be lost next year alone if a 2% automatic cut in Medicare spending mandated following last year’s debt ceiling crisis takes effect, three major healthcare organizations charge. In 2013, more than 496,000 jobs will … http://www.medpagetoday.com/PublicHealthPolicy/WorkForce/34724
Disappearance of U.S. manufacturing jobs
In January 2012, there were more unemployed Americans (12.8 million) compared to Americans working in manufacturing jobs (under 12 million). China, the primary culprit, subsidizes its industries, manipulates its currency and has no minimum wages. . http://www.journalstandard.com/opinions/letters_to_the_editor/x2107492802/J-S-Letter-Disappearance-of-U-S-manufacturing-jobs
US – Weak Hiring Is The Problem, Not Layoffs
How bad is America’s jobs market? Layoffs and firings are at the lowest levels on record — yet the country still isn’t adding enough jobs to keep up with population growth. During the Great Recession, employers slashed millions of jobs. During the economic recovery, net job growth has been tepid. But the problem is no … Continue reading
UK – The number of unemployed people increased by 978,000 since pre-recession peak, not counting the discouraged
UK Labour Market Statistics, September 2012 The employment rate for those aged from 16 to 64 was 71.2 per cent, up 0.5 on the quarter. There were 29.56 million people in employment aged 16 and over, up 236,000 on the quarter. The unemployment rate was 8.1 per cent of the economically active population, down 0.1 … Continue reading
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