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Billy Graham Association | 10 % of its workers laid off
The Billy Graham Evangelistic Association has laid off about 10 percent of its workers, which it says is part of a strategic move to emphasize its online ministry and other priorities. The agency said fewer than 50 employees lost their jobs. The association, which evangelist Billy Graham started in 1950, spreads the Gospel to a … Continue reading
New Brunswick | Industrial Rail Services facing major layoffs – – CBC News
The issue means 200 employees at Industrial Rail Services could be affected, depending on how long it takes to fix the problem, according to Dick Carpenter, the company’s president… via Via Rail car restorer facing major layoffs – New Brunswick – CBC News.
Kodak | Layoffs Start Today while Seeking to Cut Benefits for 16,000 Retirees
Ninety-one Kodak employees will be laid off as part of the company’s decision to no longer make digital cameras for consumers. via Layoffs at Kodak start today – Henrietta, NY – Henrietta Post. ______________________________________________________ Eastman Kodak, the troubled camera maker that recently filed for bankruptcy, is considering a move that will cut health benefits for … Continue reading
Job Gap | Spain | Cost of hiring has risen 24% in recent years
Spain’s high unemployment rate of around 23% means many Spaniards, young people in particular, are leaving the country to find work elsewhere. One popular destination is Germany, where the jobless rate is under 7%. But starting afresh in a new country is challenging. Munich’s airport shuttle bus is dropping off newly arrived passengers in the … Continue reading
Unemployment Claims | Remain at 4-Year Low
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA In the week ending February 25, the advance figure for seasonally adjusted initial claims was 351,000, a decrease of 2,000 from the previous week’s revised figure of 353,000. The 4-week moving average was 354,000, a decrease of 5,500 from the previous week’s revised average of 359,500. The advance seasonally … Continue reading
Bursting of the housing bubble has not generated any noticeable increase in structural unemployment
“Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession” write John Schmitt and Kris Warner in Deconstructing Structural Unemployment published by the Center for Economic and Policy Research. Structural unemployment refers to unemployment that reflects supply constraints in the economy: workers whose skills or geographic location don’t match with employers’ desires. Structural unemployment differs from cyclical … Continue reading
Gov. Snyder, Mayor Bloomberg: Immigration debate should be about economics, not politics | Detroit Free Press | freep.com
In a presidential election in which both sides are debating economic growth and immigration separately, all parties should emphasize the relationship between them. The fact is the link between legal immigration and job creation couldn’t be stronger. Immigrants, especially those with advanced degrees, play a vital role in helping U.S. companies create jobs, as … Continue reading
Why China Will Have an Economic Crisis
The view in most of the world is that China is indestructible. Shrugging off the crises multiplying elsewhere, China seems to surge from strength to strength, its spectacular growth marching on no matter what headwinds may come. It appears inevitable that China will overtake a U.S. mired in debt and division to become the world’s … Continue reading
The Canadian Skills Shortage: Keeping Tradespeople Employed for the Foreseeable Future – MarketWatch
The current challenge of all major industrial manufacturers in Canada is the shortage of skilled workers with the right experience. Research conducted by the Canadian Steel Trade and Employment Congress, (CSTEC) underscores this challenge in the broader Steel Sector. With a very high value-add per employee, when compared to the rest of manufacturing, the broader … Continue reading
Ireland reveals plans to cut dole queues – CTV News
Dublin has unveiled far-reaching plans to cut dole queues by targeting those at risk of long-term unemployment, introducing penalties for people who do not take up training, and inviting the private sector to provide job placements. The plan copies several ideas already in place in the U.K., France and Australia, including immediate on-the-spot assessments for … Continue reading
Sears Announces Layoffs In Illinois After The State Gave It Millions In Subsidies | ThinkProgress
Just a few months ago, Illinois gave retail giant Sears $275 million to keep its corporate headquarters in the state, after Sears threatened to move elsewhere (including, potentially, Ohio). To show its appreciation for receiving millions in taxpayer funds, as Greg Leroy pointed out at the Clawback blog, Sears announced last week that it will … Continue reading
LamTech to create 30 jobs – Martinsville Bulletin
The improving economy, the skills of Henry County-area workers and the assistance of governments and the Martinsville-Henry County Economic Development Corp. were the key factors in Laminate Technologies’ decision to open a plant in Henry County that will create 30 jobs. In addition, “the people have been overwhelming … like family,” said Fred Zoeller, co-founder, … Continue reading
Weak finances force layoffs at Waterbury Hospital | The Journal News | LoHud.com | LoHud.com
Waterbury Hospital is laying off 75 employees to save nearly $4.5 million. WVIT-TV and The Hartford Courant report that the job cuts will affect about 5 percent of the hospital’s work force of 1,700. The cuts include 22 management jobs, educators and clerical and support staff. via Weak finances force layoffs at Waterbury Hospital | … Continue reading
Over 2,500 jobs pledged to Hireland – The Irish Times – Tue, Feb 21, 2012
An employment initiative set up last month has received more than 2,500 promises of jobs from businesses around the country. The Hireland plan aims to stimulate the creation of 5,000 jobs in the first half of this year by encouraging small and medium-sized firms to pledge jobs on the hireland.ie website. The job pledges have … Continue reading
ADM to cut 20 percent more jobs than previously announced | Reuters
Agricultural processor Archer Daniels Midland Co (ADM.N) on Tuesday said it will eliminate 20 percent more jobs than previously expected to reduce costs. The Decatur, Illinois-based company raised its cutback estimate to more than 1,200 jobs worldwide, up from an earlier target of about 1,000 jobs. The increased estimate includes recent layoffs at grain and … Continue reading
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