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GM – Brazil: Extending Voluntary Layoffs
The Brazilian unit of General Motors Co. (GM) said Friday that it is prolonging a voluntary layoff program at one factory and expanding the program to a second Brazil factory. GM said in a statement that it will accept volunteers until July 2 at its Sao Jose dos Campos factory to have their contracts bought … Continue reading
Eurozone: India and China contributed 95 percent of the jobs created by the BRIC nations
As Eurozone companies fight recession, India and China contributed 95 percent of the jobs created by the BRIC nations after the US, which led the employment generation, according to a recent survey. The number of jobs created by BRIC investors in Europe increased by 8 percent in 2011, with India and China together accounting as … Continue reading
Barclays to cut 600 jobs in India
Barclays India will slash up to 600 positions by March next year as it cuts down on its lending activities, bank sources said. This, however will not translate into an equal number of job losses as some of them will get accommodated within the company, apart from natural attritions over a nine-month period when the … Continue reading
Arch Coal Layoffs – 750 workers in Appalachia
One of the world’s largest coal producers said Thursday it would lay off about 750 workers in the Kentucky, Virginia and West Virginia coalfields, the latest setback for an industry struggling to sustain market share as utilities switch to cleaner and cheaper alternatives to generate electricity. The bulk of the cuts by Arch Coal Inc., … Continue reading
The Global Skill Gap: 38 million to 40 million fewer workers with tertiary education than employers will need
Over the past three decades, as developing economies industrialized and began to compete in world markets, a global labor market started taking shape. As more than one billion people entered the labor force, a massive movement from “farm to factory” sharply accelerated growth of productivity and per capita GDP in China and other traditionally rural … Continue reading
Northen Ireland – ‘Do nothing executive’ sleepwalks job crisis
NI Conservatives’ economy spokesman, Johnny Andrews, has accused the Executive of ‘sleepwalking towards a jobs crisis’ and failing to ‘deliver a boost for business’, after the latest labour statistics revealed an increase in unemployment and economic inactivity in Northern Ireland. “The Executive’s Programme for Government promised that creating jobs would be a priority, but it … Continue reading
Canada – IKEA Now Hiring in Winnipeg
IKEA announced today that as the opening of the retailer’s newest store in Winnipeg approaches, the company is launching a major recruitment campaign. IKEA will be hiring 300 new co-workers, to support the new 390,000 square foot store. The new co-workers will be welcomed into an engaging environment with a strong focus on people and … Continue reading
UK – Accor to create 3,500 in three years
Accor, the hotel operator has launched people development strategy, strengthening its commitment to providing a learning and development support to its future and existing employees across its network of 185 hotels in the UK. Académie Accor unveils today its new campus in London, a first-of-its-kind UK professional training centre offering exceptional teaching facilities to ensure … Continue reading
Raising the minimum wage would be good for our economy
A higher minimum wage not only boosts workers’ incomes—something that is sorely needed to boost demand and get the economy going—but it also reduces turnover and shifts businesses toward a high-road, high-human-capital model. Still, some policymakers may be nervous about increasing the minimum wage while unemployment is so high. Yet, both the federal and states … Continue reading
Indian IT companies halt lateral hiring
Campus recruitment for entry-level jobs is still on, lateral techhiring seems to have come to a near halt with many IT firms giving fresh instructions to third party … Link: http://bit.ly/KHxXkD
Infosys Delays Hiring of Entry-Level Staff
India’s Infosys said the process of completing the hiring of entry-level employees who have already been offered jobs is likely to be delayed by three months…. http://online.wsj.com/article/SB10001424052702303703004577474130517616906.html Envoyé via Flipboard, votre magazine social pour l’iPad et l’iPhone. Envoyé de mon iPad
In The News | Canada – Employment and unemployment, A pledge for veterans, Layoffs, Cross-border shopping and Much More
Canada – After 2 months of large gains, employment was unchanged in May, and the unemployment rate remained at 7.3%. Following two months of large gains, employment was unchanged in May, and the unemployment rate remained at 7.3%. Compared with 12 months earlier, employment increased 1.2% or 203,000. Virtually all of this growth was in full-time work, up 192,000 (+1.4%). The total … Continue reading
In The News | Work-life Balance, Most Unemployed Have College Experience, RIM Layoffs: Up to 6,000, Germany to Lack 3 Million Skilled Workers by 2025 and Much More
Work-life balance: World’s 20 best cities – Rediff.com Business rediff.com – The biggest challenge for workers across the world is to find a perfect balance between work and life. Long work hours can impact health, jeopardise safety and increase stress among employees, acco… JobMarketMon Number of the Week: Most Unemployed Have College … Continue reading
In The News | George W. Bush’s record, Classes of 2001 vs. 1999, Global Recession, Blacks Unemployment, Layoffs, Grads and More
The Maddow Blog – A stroll down memory lane maddowblog.msnbc.msn.com – After Friday’s discouraging jobs report, there was increasing talk on the right about the benefits of George W. Bush’s record, as if the nation would be better off turning back the clock to 2008. A… JobMarketMon Classes of 2001 vs. 1999: What a Difference Two … Continue reading
In The News | The Job Stall on the Verge of Another Recession, Germany’s skilled worker shortage, Layoffs, Greece and More
Joblessness Rises: Are We on the Verge of Another Recession? | Economy alternet.org – The White House must be telling itself there are still five months between now and Election Day, so the jobs picture could brighten. After all, we went through a similar mid-year slump in 2011 but… JobMarketMon Why the U.S. economy is … Continue reading
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