Job Market Monitor
United States
College graduates of 2012 | Labor market improves
This year’s college graduates are being offered more jobs and fatter paychecks. Members of the Class of 2012 are being offered median starting salaries of $42,569 — up 4.5% from last year, a new report from the National Association of Colleges and Employers shows. Meanwhile, they have more jobs to choose from. Employers expect to … Continue reading
Skills Gap | Car Maker | More jobs than job seekers
After laying-off tens of thousands of employees in 2009, automakers and engineering firms are racing to fill new positions. Paul Eisenstein writes on The Detroit Bureau that at a recent career fair, job openings weren’t in short supply – job seekers were. Or more precisely, qualified job-seekers. Source: Read More @ More jobs than job seekers, … Continue reading
Tennessee | Drug Testing For Unemployment Dies
While a number of Tennessee lawmakers want to see drug testing for unemployment benefits the bill stalled in the House, even after a Congressional path was cleared for it. The controversial question of drug testing residents before handing out unemployment benefits has been a hot button topic in the legislative session. State Lawmakers got their … Continue reading
Unemployment Rate | Where is it going ?
Unemployment rate: How low can it go? The unemployment rate has fallen dramatically over the last six months, but just how low can it go? The answer is being debated among two camps of prominent economic thinkers. One school of thought says that unemployment will return to around 5% as the economy eventually recovers. But … Continue reading
U.S. | Men Taking 88% of Recovery Jobs
Men, who lost more than twice as many jobs as women during the worst economic slump since the Great Depression, have landed 88 percent of the non-farm jobs created since the recession ended in June 2009. The share of men saying the economy was improving jumped to 41 percent in March, compared with 26 percent … Continue reading
Starbucks’ job creation fund finds first partners – Reuters
Google Offers and Banana Republic are the first businesses to join Starbucks Corp in raising money for a U.S. job creation fund started by the world’s biggest coffee chain late last year. Starbucks and the Opportunity Finance Network, a group of private financial institutions that make affordable loans to individuals and communities, introduced the “Create … Continue reading
Immigrant Workers in the U.S. Labor Force in Charts
Debates about illegal immigration, border security, skill levels of workers, unemployment, job growth and competition, and entrepreneurship all rely, to some extent, on perceptions of immigrants’ role in the U.S. labor market. These views are often shaped as much by politics and emotion as by facts. To better frame these debates, this short analysis provides … Continue reading
Why immigrant professionals are under-employed
The federal government’s new plan to hire a private firm to assess the educational credentials of potential immigrants is wise. The significance of degrees and professional certificates varies widely and wildly from place to place (country to country and sometimes even city to city) across the world and across disciplines and specialties. The federal bureaucrats … Continue reading
Tunisia | Poll Shows Impatience with Employment Policy
Public discontent over the issue of unemployment appears to be growing despite the efforts of the interim government to address the deteriorating job situation in Tunisia. According to a poll released by SIGMA Conseil, 61.5 % of Tunisians are dissatisfied with the employment policy of the government and 56% of Tunisians are dissatisfied with the policy … Continue reading
Strategies to Attract, Engage and Retain Older Workers
The Sloan Center on Aging & Work conducts research on innovative practices that address the needs of older workers and business. In 2011, the Centre launched a project titled “Flex Strategies to Attract, Engage & Retain Older Workers”. Report main findings. Continue reading
Australia | Attracting US workers
Australia is changing its immigration policy to attract more skilled workers from the US to fill posts in its booming mining and gas industries. Currently, workers who are moving to Australia have their skills assessed when they arrive. That can take months and there is the risk of rejection if their skills do not meet … Continue reading
Tennesse | Unemployment reform efforts divide
Joseph Green wonders if he has a target on his back — and if it’s about to get bigger. The Springfield man said he sometimes feels as if he’s being labeled as a second-class citizen because he has been out of work for nearly two years. But with state legislators considering tougher rules and more … Continue reading
A Generation War ?
“The recession didn’t gut the prospects of American young people. The Baby Boomers took care of that” writes Stephen Marche on esquire.com. Twenty-five years ago young Americans had a chance. In 1984, American breadwinners who were sixty-five and over made ten times as much as those under thirty-five. The year Obama took office, older Americans … Continue reading
Hiring is back at US colleges – Reuters
Hiring is back in a big way on many college campuses, one of several signs a recovery in the U.S. jobs market is gaining traction. After four years during which many students graduated to find no job and had only their loans to show for their studies, most college campuses are teeming with companies eager … Continue reading
Social Media | How they can helph College Students in Job Search
“A groundbreaking survey from the John J. Heldrich Center for Workforce Development at Rutgers University found that recent college graduates, like many others across the United States, are struggling in today’s job market. Only a little over half of recent college graduates are working in full-time jobs. Additionally, half are working in jobs that do not … Continue reading
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