Flooding in Thailand last year forced more than 45,000 people out of work and has put another 164,552 jobs at risk as 284 flood-hit firms have still not reopened, the state planning agency said in a report, adding that wage increases in April could add to the problem. The worst floods in decades battered seven … Continue reading
Unemployment rates for African Americans have been far higher than those of whites for the past 50 years, even in good times. In fact, since 1960 the black unemployment rate has been about twice the white rate. Had blacks had the same unemployment rate as whites in 2010, an additional 1.3 million blacks would have been employed. Millions of African Americans live … Continue reading
Passed last week as part of a comprehensive payroll tax cut/doc fix/general handout bill, Congress also moved to extend unemployment benefits. That’s hardly a surprise, given the reluctance of fiscal conservatives to take any stand that could be construed as incentives to out-of-work voters. While extending the enhanced federal unemployment program, the bill will scale … Continue reading
The jobs situation nationally is slowly improving, but is the pace fast enough to reward President Barack Obama with reelection? The administration says January saw a net gain of 243,000 jobs, and 351,000 newly laid-off workers sought unemployment benefits last week, the fewest since March 2008. These encouraging signs come as the number of people … Continue reading
Swedish unemployment rose more than estimated last month as Europe’s debt crisis weighs on demand in the largest Nordic economy. The non-seasonally adjusted unemployment rate, based on a survey of about 29,500 people, rose to 8.0 percent from 7.1 percent the prior month, Stockholm-based Statistics Sweden said today. The median estimate of 13 economists surveyed … Continue reading
Argentina’s unemployment rate fell to 6.7% in the fourth quarter as a fast-growing economy continued to add jobs, according to government data. The figure represents a sharp decline from the 7.2% unemployment rate reported in the third quarter, and 7.3% in the fourth quarter of 2010, national statistics agency Indec said in a statement Wednesday. … Continue reading
Despite signs of recovery over the last year, Wisconsin is one of the leading states in layoffs and unemployment claims, according to the most recent federal statistics. Only five other states — California, New York, Pennsylvania, North Carolina and Florida — had more layoffs than Wisconsin during January of this year, according to the a … Continue reading
In the midst of a struggling economy and continuing high levels of unemployment, U.S. cities are feeling the pressure from increased numbers of hungry and homeless families according to a U.S. Conference of Mayors (USCM) report on the status of Hunger and Homelessness in 29 cities in America. Continue reading
Unemployment figures show the jobless rate for recent college graduates with Bachelor’s Degrees has been running at an unacceptable 8.9 percent. But, a new study from the Georgetown Center on Education and the Workforce finds that unemployment among job seekers with no better than a high school diploma is a catastrophic 22.9 percent – and an almost unthinkable … Continue reading
Thousands of Ohioans could see their extended unemployment benefits cut short as early as this spring as the federal government pares back the duration of benefits from an unprecedented 99 weeks. Congress last week reauthorized extended benefits through the end of the year for millions of unemployed Americans, including about 100,000 in Ohio. The federally … Continue reading
The authors estimate a DSGE model that features nominal rigidities and search frictions in the labor market. They evaluate the importance of mismatch shocks in accounting for the recent behavior of the Beveridge curve. Their fndings suggest that the rise in the unemployment rate during the Great Recession is mainly due to cyclical factors rather than to an increase in … Continue reading
There are two groups of skills that make a difference if you’re looking for work : Your search skills Your own skills, your competencies.
High and lasting unemployment is the fate of several OECD countries. But at the same time, employers widely report difficulty finding qualified and skilled workers. That used to be called “structural unemployment”. More and more analysts call it the Skills Gap. It has been observed for a long time in countries, or part of them, … Continue reading
There is no worker gap in Massachusetts currently: there are a large number of people available to work (those unemployed, underemployed or in the labor force reserve), but a persistent skills mismatch or skills gap for selected occupations a report says. Full Report @ :
While the One-Stop system has performed as best as it could during the recession and recovery, the system and its clients faced several challenges. The appropriate deployment of technology can address many of these challenges. Continue reading