Job Market Monitor
Layoff
US State and Local Government / Rather than layoffs, a failure to hire characterized the brunt of the total job losses since 2009
Rather than layoffs, a failure to hire characterized the brunt of the total job losses in state and local government since 2009. State- and local-government job losses were not disproportionately due to job losses but rather stemmed from significant non-hiring — letting vacant positions remain vacant. Continue reading
US / Layoffs falls to pre-recession level but jobless claims edges 5,000 higher
US – it appears that a long cycle of aggressive layoffs, which had fuelled a surge in unemployment and helped shape two presidential elections, is over but last week, initial jobless claims edged 5,000 higher Continue reading
India / Large-scale layoffs are underway
India has for the first time acknowledged that large-scale layoffs are already underway and the job market is likely to get much worse if growth isn’t revived fast Continue reading
Edison / Layoff notices to 600 non-union nuclear plant workers
Southern California Edison announced Wednesday that it had issued layoff notices to 600 non-union employees at the San Onofre nuclear plant. Continue reading
Sesame Street cuts Jobs
The non-profit producer of Sesame Street, Sesame Workshop, has laid off about 30 members of its workforce in order to keep up with the constant changing of digital technologies Continue reading
Layoffs / The Incredible Shrinking Mining Sector
Who will be left to mine the world’s metals and minerals? As prices for gold, silver, copper, uranium, and iron ore continue to fall, miners are increasingly turning to layoffs to help meet the need to contain costs. Continue reading
Alberta / Teacher layoffs to come
Large numbers of layoffs seem possible. The Calgary and Edmonton public boards alone expect to lose more than 350 teachers by fall. Continue reading
Faces of The Layoffs – A project by Teacher Action Group Philadelphia
The School District of Philadelphia terminated 3,783 employees Their presence is essential in our schools. The good news is that the layoffs do not go into effect until July 1 — with restored funding, they could easily keep their jobs. Get to know them here and then take a stand to get these layoffs rescinded! … Continue reading
Mobile Ad Companies / As many as 1,000 Layoffs
All those venture capitalists pouring money into mobile advertising startups might want to ask themselves why there have been as many as 1,000 layoffs at mobile ad companies and marketers this year. The mobile advertising business will grow to an estimated $7.29 billion in 2013, according to eMarketer. But the rising tide isn’t lifting all … Continue reading
Psychology / Job Layoffs
Redundancy — losing your job in a layoff — is difficult for most people. I’ve worked with many people who have been made redundant and struggled with the aftermath. On the whole, these individuals have been hard workers, intelligent, and loyal to their companies; when the hammer finally fell, they often went into an emotional … Continue reading
Korea / Only 43 per cent of Laid-Off Workers Find New Jobs
Up to 1.13 million workers in Korea are laid off every year, but only 43 percent of them manage to find a new job within 12 months, according to an OECD report released early this month. The report, entitled “Back to Work: the OECD review on displaced workers,” says 2.5 percent to 5 percent of … Continue reading
UK / The myths about redundancy rights
Employees have a number of rights when employers try to wield the axe, but many are not entirely clear about what they are entitled to when threatened with redundancy. As a result, myths abound. Here are some common misconceptions and the truth behind them. Myth I will get a reference when I leave. Reality There … Continue reading
Tennessee / Mass layoff rapid response team axed
Tennessee labor officials are shutting down a federally funded rapid response team that had been used to provide quick assistance to employees caught in the midst of mass layoffs across the state. The elimination of the unit, which had been in operation for about a decade, comes despite the strong protest of some members of … Continue reading
Greece’s Bailout / 15,000 public sector jobs cut
The dust is beginning to settle in Athens following the approval of mass layoffs of government workers by the parliament on Sunday. Over 15,000 people face redundancy by the end of next year in a move which overturns the constitutional guarantee for civil servants to have a job for life. The move was was necessary … Continue reading
US / Planned layoffs rose for second month in a row
Planned layoffs at companies rose for the second month in a row in February as the financial sector cut the most employees in over a year, a report showed on Thursday. Employers announced 55,356 planned job cuts last month, up nearly 37 percent from 40,430 in January, according to the report from consultants Challenger, Gray … Continue reading
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