Malaysia requires at least 33 per cent highly skilled workers in the industrial sector by 2015 and increasing to 50 per cent to accommodate national manpower needs by 2020. Public Works Ministry secretary-general Datuk Himmat Singh said the sector is still facing an influx of foreign workers leading to muted response of local youths to … Continue reading
India’s workforce skills development needs are gigantic : 25% of the world’s new workers in the next decade will be Indian… But an unemployed, uneducated or unskilled Indian is not a free Indian—and usually a poor Indian.” writes Manish Sabharwal in Can India’s demographic dividend deliver prosperity? on economictimes.indiatimes.com. (link) “The Indian education sector has grown manifold in terms of diverse range of … Continue reading
The Sabah Hotel Association (SHA) is now experiencing difficulties in recruiting skilled workers to join the hotel industry due to various factors such as rapid room growth in the State. Its president, Christopher Chan, said the hotel industry in Sabah had gone through major changes both in terms of the number of hotels that have … Continue reading
A skills gap in the UK is driving demand for immigration professionals to source staff from abroad. A focus group study of more than 50 immigration professionals working across the sector commissioned by recruiter JAM revealed that Asia is the most popular talent hunting ground for UK organisations. Skills shortages in the UK are the … Continue reading
The No. 1 issue facing manufacturers in Ohio is the difficulty finding qualified skilled workers to meet the needs of the industry in the state, according to sources at the Manufacturing and Distribution Update held June 27 at The Pinnacle in Maumee by Gilmore, Jasion & Mahler Ltd. (GJM). Staff members from GJM learned about … Continue reading
We’ve been seeking solutions to manufacturing’s skilled worker shortage for so long, I have to conclude: Perhaps we don’t understand the problem well enough to either effectively communicate our needs to the potential workforce or to change our hiring practices… The question is: Do you think the general populace knows this fact or understands its … Continue reading
Even in a time of perilously high unemployment, companies contend that they cannot find the employees they need. Pointing to a skills gap, employers argue applicants are simply not qualified; schools aren’t preparing students for jobs; the government isn’t letting in enough high-skill immigrants; and even when the match is right, prospective employees won’t accept … Continue reading
The US Labor Market Is In A Full-Blown Depression zerohedge.com – Now that stocks are back to reflecting nothing more than expectations of how many times the Chairsatan dilutes the existing monetary base in a carbon copy replica of not only 2011 but also 2010… … JobMarketMon Joseph Stiglitz on “The Price of Inequality: How Today’s … Continue reading
Unemployment rises to 8.2% in May as job growth stalls again – latimes.com WASHINGTON — The nation’s unemployment rate rose for the first time in nearly a year, to 8.2% in May, as the economy added a disappointingly small number of jobs for the third straight month. The government said Friday that employers created on … Continue reading
Unemployment is a labor market mismatch – Economics – AEI aei.org – After an unexpected upswing at the beginning of this year, the labor market appears to be back in the doldrums again. The month-on-month employment increases of 200,000-240,000 workers in December,… JobMarketMon US May Job Cuts Surge 67% From A Year Ago -Challenger – WSJ.com … Continue reading
SME role in Gulf economy, jobs growth ‘woefully low’ gulf-times.com – Small and medium enterprises’ (SMEs) contribution to the overall Gulf economy and employment sector is woefully low and need a big push for the region to enhance its economic diversification, the … JobMarketMon Flat U.S. Wages Help Fuel Rebound in Manufacturing – WSJ.com online.wsj.com – Joey … Continue reading
Jobs: The number of baby boomers retiring is holding down the unemployment rate – UPI.com upi.com – President Obama can thank baby boomers at least in part for the drop in the U.S. unemployment rate, with the first post-World War II generation hitting retirement age at a rate of 10,000 a day. Une… JobMarketMon Macau labor … Continue reading
According to federal figures, there were nearly 3.5 million job openings in the U.S. in February. About 700,000 of them were in the West. With nearly 262,000 Arizonans looking for work, why don’t the jobs and the prospective workers match up? In everyday terms, the economy needs more software programmers and physical therapists and skilled … Continue reading
Sarawak will need to hire skilled manpower from Peninsular Malaysia and overseas to address shortage faced by industrialists by the year 2015. Assistant Minister in the Chief Minister’s Office (Promotion of Technical Education) Datuk Len Talif Salleh said the state could produce about 30,000 skilled manpower each year against the needed 226,493 three years from … Continue reading
Shifting federal policies and a lack of skilled workers in the state labor market are among the largest impediments to hiring, representatives from the manufacturing industry said at a summit in Portsmouth on Wednesday. Representatives from Foss Manufacturing in Hampton, Laars Heating Systems Company in Rochester and firearms manufacturer SIG Sauer, which is currently … Continue reading