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Bali’s Unemployment Solution: Blame the Unemployed

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Bali’s Unemployment Solution: Blame the Unemployed

In what visitors consider some of the most idyllic places in Indonesia, unemployment isn’t the problem the unemployed are the problem. If you have a college degree and are unemployed you are an “elitist” who will refuse any job involving a “unpleasant odor,” according to Bali governor Made Mangku Pastika, who is also a colonel in the General Police. He […]

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Sri Lanka Creates New Human Resources Policy

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Sri Lanka Creates New Human Resources Policy

Still healing following the 2009 defeat of  the secessionist Tamil Tigers rebels after three decades of conflict, Sri Lanka’s leadership is trying to unite the nation with public works projects, notably roads, and new policies that offer the promise of increased economic development. Almost as if orchestrated, three signs of Sri Lanka’s potential turnaround appeared […]

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Spain’s Unemployment Rate to Hit 23% in 2012

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Spain’s Unemployment Rate to Hit 23% in 2012

With it economy wracked by the European financial crisis, Spain’s unemployment rate will continue to rise in 2012 reaching 23%, the Organisation for Economic Co-operation and Development forecasts. The economy in Spain is predicted to contract again in the fourth trimester of 2011 and within a year will grow by 0.7% with growth predictions for […]

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Droopy Rupee Aids India’s Outsourcing Firms

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Droopy Rupee Aids India’s Outsourcing Firms

With the rupee drooping to record lows versus the U.S. dollar, The Economic Times of India reports that major outsourcing firms Infosys Ltd and HCL Technologies Ltd are “poised to profit” from foreign-exchange hedging. During 2011 the rupee has fallen about 14% against the dollar, and is the worst performing Asian currency. A weaker rupee […]

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Bermuda’s Economy Minister Talks Job Creation

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Bermuda’s Economy Minister Talks Job Creation

From Bernews.com: Economy & Trade Minister Patrice Minors unveiled a raft of plans and programmes aimed at job creation to put recession-battered Bermudians back to work in the coming months. The Minister touched on the creation of a One-Stop Career Centre for unemployed Bermudians, the introduction of a Job Corps and work permit exemptions and […]

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Migrant Workers Flock to India’s Kerala State Searching For Jobs

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Migrant Workers Flock to India’s Kerala State Searching For Jobs

India has it’s own issues with migrant workers as does China, the European Union and the United States. Economically, the India’s Kerala state presents a paradox. The state, where the Malayali language prdominates, has long been a source of migrant workers for the Arab Gulf states. Now Kerala is itself attracting migrant workers, who number […]

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Record 200 Million Jobless Worldwide, No Improvement Soon

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Record 200 Million Jobless Worldwide, No Improvement Soon

In a grim analysis issued 1 Nov. 2011, the International Labour Organization (ILO) says the global economy is on the verge of a new and deeper jobs recession that will further delay the global economic recovery and may ignite more social unrest in scores of countries. “We have reached the moment of truth. We have […]

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South Africa’s Unemployment Rate Drops to 25% in Third Quarter

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South Africa’s Unemployment Rate Drops to 25% in Third Quarter

Unemployment is bad in many industrialized nations, but nowhere is as bad as South Africa. South Africa’s unemployment rate fell from 25.7% in the second quarter but the nation’s growth appears to be slowing, Statistics South Africa said in a report released in Pretoria. From Bloomberg: The median estimate of five analysts in a Bloomberg […]

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Singapore’s Jobless Rate 2%, Claims Hiring Bias Against Locals

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Singapore’s Jobless Rate 2%, Claims Hiring Bias Against Locals

Singapore’s jobless rate declined from 2.1% to 2% in third quarter ending, 30 Sept. 2011, reports  the government-controlled Asiaone website. Singapore, a closely controlled island nation-state of 5 million people, had just 45,700 Singaporeans, unemployed in September, Asiaone reports, quoting a Singapore Ministry of Manpower report. Yet, the same website on the same day reports […]

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‘Hire Saudi’ Crown Prince Tells His Government

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‘Hire Saudi’ Crown Prince Tells His Government

Perhaps inspired by the unemployment-fueled uprisings in other Arab nations, Saudi Crown Prince Naif bin Abdulaziz Al Saud, deputy premier and minister of interior, has  issued new directives “aimed at tackling unemployment amongst the increasingly large number of Saudi graduates,” according to a 1 Nov. 2011 report in The Saudi Gazzette. The Gazzette reports that specific […]

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