Job Market Monitor
United States
Survey: More Minnesota factories having trouble finding skilled workers – TwinCities.com
A metal fabricating company in Stacy last summer posted a job on MinnesotaWorks, the state-run website, for a laser operator. Despite a salary of $40,000 and a full array of benefits, there were no takers. “We did not have one person apply for our job for two months,” said Lori Tapani, co-president of Wyoming Machine. … Continue reading
How is the employment crisis affecting the marketing and communications industry? | The Drum
As the UK’s economic crisis worsens – 2.67 million now find themselves unemployed – The Drum asks agencies how their businesses are being affected and industry bodies tell us what they will do to help. We assumed that in the current climate it would be easier to recruit people and bring the right kind of … Continue reading
Caterpillar Brings Jobs to US – Job Mouse
Caterpillar Inc. is set to open a manufacturing plant in northeast Georgia in 2013, the latest in a string of economic development victories for the State. The $200 million factory will employ about 1,400 people and produce construction equipment currently manufactured in Sagami, Japan. The project first reported in November 2011, will begin during the … Continue reading
PayPal to announce creation of 1,000 call centre jobs – Irish, Business – Independent.ie
PAYPAL, the US electronic payments company owned by eBay, is expected to announce up to 1,000 new call centre jobs within the next fortnight. PayPal will be looking for call centre workers with English and other languages to help customers with accounts, to check documentation from retailers from around the world who want to open … Continue reading
Analysis: Layoff talk sidestepped in outsourcing | CanadianBusiness.com
Private companies are doing more and more of the work once performed by state employees, and Gov. Bobby Jindal is proposing new rounds of privatization in his latest budget proposal. The shift has forced thousands of people from their jobs, a consequence the Jindal administration tends to gloss over as it touts the lowest number … Continue reading
Deducting Job-Hunting Expenses | Fox Business
These days a lot of Americans find themselves pounding the pavement in quest of a new job, whether they’ve gotten the pink slip or expect to get one soon. The good news: The search may help you cut your tax bill — under certain circumstances, job-hunting expenses are tax-deductible. New job, same field First, your … Continue reading
U.S. manufacturing sees shortage of skilled factory workers – The Washington Post
This stretch of the Rust Belt might seem like an easy place to find factory workers. Unemployment hovers above 9 percent. Foreign competition has thrown many out of work. It is a platitude that this industrial hub, like the country itself, needs more manufacturing work. But as the 2012 presidential candidates roam the state offering ways … Continue reading
The Press Association: 600 new call centre jobs confirmed
An American call centre company is to create 600 jobs in Cardiff. Conduit already employs more than 1,900 staff across three centres in south Wales – Cardiff city centre, Cardiff Gate and Swansea. After securing a lucrative contract with British Gas, the firm is “actively” looking for more staff – and bosses say Wales is … Continue reading
Sears: Now Come the (Penalty-Free) Headquarters Layoffs «
As I foreshadowed on January 5, despite a huge subsidy package enacted by the state of Illinois in December, Sears Holdings Corp. has already announced layoffs at its headquarters in the Chicago suburb of Hoffman Estates. Last week, the retailer announced that 100 HQ staff will be laid off. This after the chain announced on … Continue reading
A new jobs program for people trapped in unemployment – CBS News
We’ve seen some improvement in the job market lately. But there’s something stubborn about unemployment. Never in the last 60 years has the length of joblessness been this long. Four million people, a full third of the unemployed, have been out of work more than a year. They’ve been severed from the workforce. Ben Bernanke, … Continue reading
The Intractable Tragedy of Long-Term Unemployment – Derek Thompson – Business – The Atlantic
The vast majority of the 5.5 million long-term unemployed have been out of work for more than a year. For this installment of “Working it Out,” we asked you if the government should enact special programs to help the long-term unemployed. We’ve received more than 100 responses. Here are some of the smartest, most heartfelt, … Continue reading
Jobless disability claims soar to record $200B as of January, research from JPMorgan Chase shows – NYPOST.com
Standing too many months on the unemployment line is driving Americans crazy — literally — and it’s costing taxpayers hundreds of billions of dollars. With their unemployment-insurance checks running out, some of the country’s long-term jobless are scrambling to fill the gap by filing claims for mental illness and other disabilities with Social Security — … Continue reading
Pain Without Gain – NYTimes.com
Last week the European Commission confirmed what everyone suspected: the economies it surveys are shrinking, not growing. It’s not an official recession yet, but the only real question is how deep the downturn will be. And this downturn is hitting nations that have never recovered from the last recession. For all America’s troubles, its gross … Continue reading
U.S. Unemployment Increases in Mid-February
The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February, up from 8.6% for January. The mid-month reading normally reflects what the U.S. government reports for the entire month, and is up from 8.3% in mid-January. via U.S. Unemployment Increases in Mid-February.
‘One Bad Bill’: One in Three Americans Are Poor or Near-Poor – News – GOOD
We tend to separate the 99 percent into “poor,” “working class,” and “middle class.” But those categories may be becoming obsolete. According to new numbers crunched by the Census Bureau and The New York Times, many of us—17 percent, according to the Times’ measure—are one paycheck away from economic disaster, making one in three Americans … Continue reading
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