Job Market Monitor
Skilled worker
SA / Struggling to keep skilled workers
COMPANIES that employ people with skills classified as essential and scarce are in a dog-eat-dog situation, maybe not so much in the private sector but the public sector is surely feeling the pinch. Yesterday, state arms manufacturing company Denel complained to Parliament about how it was training engineers only to have them leave the company … Continue reading
UK / Managers and skilled workers: the bulk of far right support
The study found the image of young unemployed people alienated by tough economic times and turning to the anti-Muslim and anti-immigration group was a myth. In fact half of sympathizers are in full time work, almost one in five is university educated and more than two thirds own their own home. The report, by the … Continue reading
Nova Scotia / Lots of highly skilled workers needed
RORY WILLIAMS wasn’t sure what he wanted to do when he graduated from Dartmouth High School two years ago. So he did what many Nova Scotia kids do: he hit the road. That was fortuitous. His epiphany came while he was working on a farm in Australia when he met a couple of Aussie welders … Continue reading
Germany / Elite Young Immigrants, The New Guest Workers
A new generation of immigrants is coming to Germany: Europe’s crisis refugees. They are young, well-educated and multilingual. Many feel that their prospects at home disappeared when the European financial system began to falter, followed by the collapse of domestic labor markets in a number of countries. They are now going to Germany, just as … Continue reading
Denmark / A massive increase in highly skilled foreign workers
Denmark has seen a massive increase in highly skilled foreign workers in recent years, a new report has shown. According to fresh figures from the Danish Immigration Service (Udlændingestyrelsen), the number of educated people immigrating to Denmark from abroad has increase five-fold in the last two decades. Only 3,000 skilled non-EU foreigners entered the country for … Continue reading
Germany / Behind in hiring skilled foreign workers
The OECD says German firms continue to recruit too few skilled workers from outside of the country, even when they have difficulties filling vacancies. This is one of the key findings of a new migration report. According to the report unveiled by the Organisation for Economic Cooperation and Development (OECD) at a press conference in … Continue reading
Skills Gap / Transaction banking: a substantial talent shortfall
The appeal of the transaction services industry for new talent has never been higher, as high-impact, pejoratively dubbed ‘casino’ investment banking job opportunities vanish. Technologic nous and an ability to navigate new client demands – amid market and regulatory shifts – are key skills that budding transaction bankers must develop to make their names in … Continue reading
UK / Skills Gap / Companies complain about hurdles faced by Chinese workers
The EEF, the manufacturing body, said UK employers are leaving job vacancies unfilled for weeks – sometimes months – because they cannot easily get hold of skilled workers from China and other non-EU countries to plug UK gaps. Companies complain that skills shortages hold back growth, with firms looking abroad to fill gaps in technology, … Continue reading
Canada / BC’s Skills Gap / The number of jobs requiring university, college, or trades credentials will exceed the supply of graduates in 2016
A B.C. Labour Market Profile reveals that by 2016, B.C. will reach a “tipping point” where the number of jobs requiring university, college, or trades credentials will exceed the supply of graduates in the province. The report was released by B.C.’s six research universities, based on the provincial government’s BC Labour Market Outlook. It notes … Continue reading
Dominican Republic / 100,000 skilled workers needed in tourism
Santo Domingo.- Dominican Republic’s tourism sector needs as many as 100,000 skilled workers, for which the hoteliers and tourism businesses grouped in Asonahores call a great contribution the planned training center, to be sponsored by the Avignon Hotel School. Asonahores vice president Arturo Villanueva said the hotel trade and pastry school will be built in … Continue reading
Skills Gap / Incubator: a possible solution to skilled workers shortage
The skilled manufacturing industry needs to take a page from the local high-tech sector and open a business incubator to help train and retain talent in the region. That’s according to the president of the Conestoga Institute of Technology and Advanced Learning, who spoke to a group of manufacturing industry experts and regional representatives last … Continue reading
Talent War / Porsche to Cut Working Hours but Maintain Pay
Sportscar maker Porsche, a unit of Volkswagen AG (IW 1000/10), on Thursday said it will gradually trim working hours without any cuts in pay, in an effort to attract highly skilled workers. “Porsche is looking to improve competitiveness and attractiveness as an employer even further,” the automaker said in a statement. Porsche’s executive board and … Continue reading
Canada / New immigration stream for 3,000 skilled immigrants to fill ‘serious’ labour shortages
Canada will open its doors to 3,000 skilled tradespeople starting next year under a new immigration stream set to launch Jan. 2, 2013, Immigration Minister Jason Kenney announced Monday. “The new skilled trades stream will help address serious labour shortages in some regions of the country, and support economic growth,” he said. “For too long, … Continue reading
Canada / Immigration / New skilled trades program
Immigration Minister Jason Kenney is set to unveil the details of a new program that should speed the arrival of tradespeople in Canada whose skills are in demand. The program will give more weight to applications from people with skills that are desperately needed in many parts of the country, particularly in the West, according … Continue reading
China / 31.2 million high-skilled workers, 4.9 million more than at the end of 2009
China’s high-skilled workers reached 31.2 million as of the end of 2011, 4.9 million more than at the end of 2009, according to official data released on Saturday. High-skilled workers accounted for 26.2 percent of China’s 119 million skilled workforce as of the end of 2011, up 1.5 percentage points from the end of 2009, … Continue reading
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