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Job Tenure Up, Turnover Down But US Job Tenure Still Short 5.4 Years

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Job Tenure Up, Turnover Down But US Job Tenure Still Short 5.4 Years

Job tenure was up in 2012, as those Americans who have jobs are staying in them longer. Overall job tenure in the United States was up in 2012, but U.S. job tenure is still shorter than many assume. The median (mid-point) length of time on the job for American workers in 2012 is just 5.4 […]

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UK Lags Behind Major Economies On Youth Unemployment

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UK Lags Behind Major Economies On Youth Unemployment

The United Kingdom has experienced the fastest rise in youth unemployment of any country in the G8 since the start of the Great Recession. The UK now has the third worst levels in the OECD, with only Spain and Greece experiencing higher levels, according to a new report published in January 2013 by London-based The […]

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ManpowerGroup: Engage Unemployed Youth To Ease Skills Shortage

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ManpowerGroup: Engage Unemployed Youth To Ease Skills Shortage

ManpowerGroup, a World Economic Forum (WEF) strategic partner, is promoting coordinated action in four key to help solve a global skills shortage chronic levels of youth unemployment worldwide. Youth unemployment and skills training were high on the agenda at the recednt WEF Annual Meeting in Davos, Switzerland. Global staffing firm ManpowerGroup is a $22 billion […]

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Youth Unemployment Worldwide: Millions Not Working, Not Studying

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Youth Unemployment Worldwide: Millions Not Working, Not Studying

ILO News— Youth unemployment around the world has driven millions of young people to essentially give up looking for a job, warned the International Labour Organization (ILO) in a new report. The youth unemployment rate (at 12.6% in 2011) would be a full percentage point higher if it included the number of young people who […]

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Youth Unemployment Up 4 Million Worldwide Since 2007

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Youth Unemployment Up 4 Million Worldwide Since 2007

ILO News– The global youth unemployment rate for 2012 remains stuck at crisis peak levels and is not expected to come down until at least 2016, says the International Labor Organization (ILO) in its Global Employment Trends for Youth 2012 report (www.ilo.org/getyouth). Projections show 12.7% of the global youth labor force will be unemployed this year, unchanged […]

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Skills Mismatches Hurt Global Job Creation Prospects

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Skills Mismatches Hurt Global Job Creation Prospects

ILO News— Skills mismatches are driving up global unemployment. The Great Recession forced millions of workers to seek new jobs, but they often lack skills that employers are seeking. Several developed economies are seeing increasing numbers of job vacancies but their unemployment rates are not going down. What is happening is that many of the workers […]

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January’s Conference Board Employment Trends Index Down Slightly, Recent Trend Is Up

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January’s Conference Board Employment Trends Index Down Slightly, Recent Trend Is Up

The Conference Board Employment Trends Index edged down in January. The index now stands at 109.38, down from 109.47 in December. The January figure is 2.7% higher than a year ago. “Despite the dip in January, the Employment Trends Index continues to signal a moderate improvement in the labor market,” said Gad Levanon, director of […]

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Hiring Temporary Talent Boosts Employment, Jobless Rate Unchanged

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Hiring Temporary Talent Boosts Employment, Jobless Rate Unchanged

Temporary talent is helping U.S. employers fill the gap rather than hiring full time employees. In a new report from ManpowerGroup, temporary workers, a significant component of a company’s needed flexible work model, remain key to jolting and sustaining business growth, as the U.S. Bureau of Labor Statistics today reported that the overall January jobless […]

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No Occupation Spared By Great Recession: Unemployment Up For All Jobs

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No Occupation Spared By Great Recession: Unemployment Up For All Jobs

Unemployment is up for all. The Great Recession took down ALL occupations, even those supposedly in demand. A new study from the Economic Policy Institute shows how unemployment increased for all occupations during the five years from 2007 to 2012. This parallels a lack of new jobs following the recessions. Slack demand for American workers […]

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Hiring On Hold At Many Small Businesses, Cutting More Than Hiring

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Hiring On Hold At Many Small Businesses, Cutting More Than Hiring

Small business isn’t hiring: That’s one reason the U.S. employment situation isn’t improving. Nobody wants to hire new employees if they don’t have to. Small business owners lack the confidence the current state of the economy to take on new employees. Many businesses are also operating with fewer employees, having been forced to do so in […]

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