Job Market Monitor
United States
Asia | Stable inequality over the past two decades would have lifted 240 million people more out of poverty
Developing Asia’s rapid growth in recent years has given rise to a widening rich-poor divide that threatens to undermine the region’s growth and stability, but governments can address the problem via shifts in spending priorities, the Asian Development Bank said. The region must spend more on education and health, create quality jobs and invest in … Continue reading
Unemployment Insurrance | At least 12 states will lose eligibility for extension
Until recently, if you lost your job you could claim unemployment insurance for up to 99 weeks according to the state government. Lately, however, unemployment insurance has undergone some drastic changes for the worse as more Americans struggle to find jobs. Many states will lose 20 weeks’ worth of benefits and claimants will be faced … Continue reading
Obama | Income Inequality Hurts
So, does inequality hurt growth? Some economists have said “absolutely,” and others have said “absolutely not.” Here’s a serving of both view points. OBAMA IS RIGHT “Inequality is harmful for growth.” Inequality can lead to recessions. OBAMA IS WRONG “Little overall relation between income inequality and rates of growth and investment.” Marketization, not inequality, is … Continue reading
Slow Job Recovery | Low-Wage Jobs to Be Blamed
Slower-than-expected employment growth in March 2012 has brought the halting pace of economic recovery into sharp focus again. Nearly three years since the recession officially ended in June of 2009, 12.7 million people are still out of work and unable to find a job—a figure that rises to 22.8 million if workers who have given … Continue reading
Workforce Retirements and Skills Gaps
A joint survey released April 9, 2012, by the Society for Human Resource Management (SHRM) and AARP shows that U.S. employers are ramping up training programs aimed at closing expected skills gaps left when Baby Boomers retire. In addition, companies are enhancing employee benefits that they hope will help with recruiting and retaining older workers, … Continue reading
Immigrants | Job growth quicker than native-born Americans
Immigrants are experiencing a faster rate of job growth than native-born Americans in the economic recovery, data show. “It seems that the rate of unemployment for immigrants is slightly lower than for the native group,” said Jeanne Batalova, a policy analyst with the Washington, D.C.-based Migration Policy Institute, which analyzed employment data for the region … Continue reading
Skills Gap | Community colleges part of the solution
Community colleges have long viewed job training as central to their mission, but the role has taken on added significance since the economic recession. Even with nearly 13 million Americans unemployed, some companies can’t find qualified candidates. As many as 3.5 million jobs are unfilled right now, many of them in the fields of information … Continue reading
India | Brings visa fee hike to WTO
India is challenging the United States at the World Trade Organisation over increased visa fees for skilled workers that have hit the country’s flagship outsourcing firms, an official said Tuesday. “We are pursuing this at the consultation level. It is our hope we reach an amicable conclusion,” a senior commerce department official in New Delhi … Continue reading
Prime Aged American Men | From over 80 percent at work to less than 3 in 4
The percentage of Prime Aged American Men Without Disability (PAAM) who are employed is one of the best labor market indicator.
Skills Gap | U.S. | Demand Rises for Skilled-Worker Visas
In a sign of the improving economy, the U.S. government said it saw a sharp rise in petitions for skilled-foreign-worker visas during the first week of this year’s application season. The U.S. Citizenship and Immigration Services received 25,600 petitions for H-1B visas since April 2, nearly twice as many as it received for the entire … Continue reading
Skills Gap | Will It Chill a Warming Job Market?
According to the Society for Human Resource Management’s Jobs Outlook Survey for the second quarter of 2012, 58 percent of respondents have some level of confidence in the U.S. labor market and expect job growth for the April-to-June 2012 time frame. That’s up sharply from 34 percent of respondents in the fourth quarter of 2011. … Continue reading
Vets Unemployment : 10.3%
On Friday, the Bureau of Labor Statistics released Veteran unemployment data for the month of March. The unemployment rate for one closely watched group, Iraq and Afghanistan-era Veterans (or Gulf War II-era Veterans), was 10.3 percent. While this reflects a higher number than in February, the trend over the past 27 months—since January 2010—remains downward … Continue reading
The “end welfare as we know it” and the Great Recession
Perhaps no law in the past generation has drawn more praise than the drive to “end welfare as we know it,” which joined the late-’90s economic boom to send caseloads plunging, employment rates rising and officials of both parties hailing the virtues of tough love. But the distress of the last four years has added … Continue reading
Lockheed Martin | 450 to 500 layoffs in Salina
Lockheed Martin announced on Thursday that it will lay off 450 to 500 workers in its Mission Systems and Sensors (MS2) Division . The division has a facility in Salina. Lockheed Martin says it will first offer a voluntary layoff program followed by an involuntary one… Source: Read More @ 450 to 500 layoffs announced for … Continue reading
U.S. Public Employees | More Layoffs
Public-sector employees tended to have more job security, which in some ways helps during weak economic climates, as their steady demand for goods and services spread through the economy. The recent trend, conversely, can make things worse. “If public-sector employment had grown since June 2009 by the average amount it grew in the three previous … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 