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By Lawrence Mishel, Economic Policy Institute— As the new State of Working America report shows, the last 10 years have been a lost decade for income, wealth and wage growth for most Americans. Perhaps a surprising part of this picture is that the trend of stagnant or falling wages for most workers includes the wages […]
Continue reading …Pew Global Attitudes Project- The economic euphoria in India during the last few years, inspired by the country’s seemingly inevitable march toward double-digit growth, has suddenly soured. Although still relatively upbeat compared with many other countries, the Indian public’s confidence in their country’s direction and future economic growth has declined significantly compared with just a […]
Continue reading …Hiring will be up for new college graduates, according to a new report by the National Association of Colleges and Employers (NACE). NACE’s Job Outlook 2013 survey shows that employers anticipate hiring 13% more college graduates from the class of 2013 than were hired from the class of 2012. “While employers are seeking graduates from […]
Continue reading …Good news on the U.S. jobs market led to a rally for the Dow Jones Industrial Average. The U.S. unemployment rate in September fell from 8.1% to 7.8%, the lowest since January 2009. More Americans found part-time work, helping to account for the decline, the U.S. Bureau of Labor Statistics Labor announced Friday, 5 October […]
Continue reading …A backlash is beginning to appear in Canada against recent changes in wage and immigration rules aimed at attracting workers from the economically depressed Eurozone. Jason Kenney, Canada’s immigration minister, is redefining the nation’s immigration and wage rules. The new rules are expected to go into effect next year. The changes are meant to attract workers […]
Continue reading …At least US $42 billion worth of research and development and product engineering work will be outsourced to India by 2020, and will grow at 14% annually, according to a new study from Zinnov Management Consulting. “The Indian captive landscape has grown to 874 centers as compared to 836 in fiscal 2011,” Pari Natarajan, Zinnov’s […]
Continue reading …Irish workers are on the move again. This time it’s a 21st century wave of Irish immigration that’s taking away Ireland’s most skilled workers. More than 100,000 Irish workers are expected to leave to find jobs before end of 2013. Ireland’s unemployment rate was 14.7% as of August 2012. For many Irish workers the only […]
Continue reading …Canadian recruitment firm, the Diamond Group of Companies, is opening a UK and European headquarters in Dublin in a big to attract Irish workers to fill jobs in Canada. Diamond Group plans to recruit around 1,000 Irish workers to relocate to Canada, to feed a growing demand for English-speaking workers from overseas. It is estimated […]
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