Job Market Monitor
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Co-Workers Get a Chance to Change Places – WSJ.com
Employers are mixing it up. Jobs, that is. Some U.S. businesses are giving employees the chance to complete a stint in a different department or temporarily swap places with a colleague overseas. Companies have long provided job rotations for higher level executives to give them a sense of how different departments operate, but now they … Continue reading
Australians Working Longer, Retiring With More Money
The number of older workers with jobs in Australia has almost doubled in a decade, transforming workplaces and adding almost a million employees to meet the nation’s skills shortages. New data from the Bureau of Statistics shows that, on average, 1.93 million workers aged 55 and over were employed in 2011, almost double the 1.01 … Continue reading
Windsor, Ont., poised to get 500 new manufacturing jobs – Windsor – CBC News
Windsor Mayor Eddie Francis confirmed Thursday the city is close to landing 500 much-needed manufacturing jobs. Francis called talks between BYD Company Limited and the City of Windsor “pretty advanced.” He also said that Windsor is “further ahead than other cities” when it comes to convincing the Chinese electric bus builder to set up shop. … Continue reading
The BLS Thinks These Jobs Will Grow a Lot. I Think They’re Wrong.
In a post at The Atlantic, Jordan Weissmann draws a couple interesting graphs using data from the BLS’s recently-released projections of job growth to 2020. Weissmann concentrates on those jobs that require only a high-school diploma or less, and points out the surprising stat that 63% of all US jobs created (12.8 million total) will be … Continue reading
Merck KGaA to cut costs, jobs | Reuters
German drugs and chemicals group Merck KGaA announced plans on Friday for a cost-cutting programme across all its businesses that may include job cuts. “Over the next two years Merck needs to address unprecedented market shifts, increasing competition in key product areas and existing inefficiencies in its own organization to ensure the long-term success of … Continue reading
Austerity in Europe Puts Pressure on Drug Companies
Profits at pharmaceutical companies have been declining or showing little growth for the last year as austerity measures across Europe lead to cuts in health care spending. Some analysts say this trend could continue until at least 2014. Budget cuts mean that many European governments are not willing to pay as much for pills. But … Continue reading
Companies Move Manufacturing Jobs Back to America – ABC News
A factory sits empty. It’s not in the Rust Belt, nor is it part of a manufacturing exodus that has cost the U.S. thousands of jobs. It is a factory in Shenzhen, China, and the American company that once employed Chinese workers is now packing up, coming home and bringing the jobs with them. John … Continue reading
Help Wanted: Skilled Manufacturing Workers
The U.S. economy is gathering momentum and the key driver is manufacturing. Not only is our industrial sector growing, but after more than a decade of losses in manufacturing jobs, we are actually going in the other direction. We added 50,000 manufacturing jobs in January on top of 32,000 the month before. This is a … Continue reading
Irish and British head for Australian jobs, but where are the Greeks?
RISING unemployment in Europe has driven an influx of Irish and British skilled migrants to labour-strapped pockets of the Australian economy in recent months, government figures show. But skilled migration from Greece, where unemployment topped 20 per cent in November, remains low as Australian recruiters target already strong labour streams from the British Isles. The … Continue reading
Most jobs are not lost, they merely end up elsewhere
The structure of the economy – as represented by the relative sizes of the various industry sectors – is always changing. Normally the rate of change is so slow we don’t notice it. At present, however, the pace of change is much quicker than usual. These pressures are coming from outside Australia. Many are the … Continue reading
Chase bank is adding 350 jobs | The Columbus Dispatch
Chase, the region’s largest private employer, said yesterday that it will add at least 350 jobs in the Polaris area over the next five years. That continues a hiring binge that has seen Chase add 2,500 jobs over the past year in Columbus, bringing the local Chase work-force total to 19,000… via Chase bank is … Continue reading
Air New Zealand to slash hundreds of jobs | Stuff.co.nz
Air New Zealand “had no option” but to cut the jobs of 175 staff today, as plummeting profit margins force the national carrier into cost-cutting mode. This morning, the airline reported a $38 million profit for the six months to December, a slump of 61 per cent from the same period last year. Chief executive … Continue reading
White House – Obama did not stop Keystone Pipeline – Job Mouse
At the White House Daily Press Briefing Tuesday Carney said “The President didn’t turn down the Keystone Pipeline.” He said “There was a process in place with long precedent, run out of the State Department because of the issue of a pipeline crossing an international boundary, that required an amount of time for proper review … Continue reading
How To Identify Innovative New Hires | Inc.com
Many of the resumes that cross my desk are white pieces of paper that list education, experiences, and skills. Since they’re typically from traditionally-minded people who prefer not to call attention to themselves, I don’t expect anything else. Some people who are more expressive also include links to websites, where they post videos or slide … Continue reading
The China Syndrome: Local Labor Market Effects of Import Competition in the United States
“The value of annual U.S. goods imports from China has increased by a staggering 1,156% from 1991 to 2007.” write David H. Autor, David Dorn and Gordon H. Hanson in The China Syndrome: Local Labor Market Effects of Import Competition in the United States on mit.edu. The rapid increase in U.S. exposure to trade with China and other developing economies suggests … Continue reading
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