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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 […]
Continue reading …Glimmers of hope are appearing for job seekers as economic data are showing a positive trends. Business forecasting group, The Conference Board reports that its Employment Trends Index increased in October to 101.92, up from the revised figure of 101.20 in September. The October figure is up 5% from the same month a year ago. […]
Continue reading …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 […]
Continue reading …The Conference Board Employment Trends Index decreased in September 2011 to 100.95, down from the revised figure of 101.37 in August. The September figure is up 4.4% from the same month a year ago. “Despite the somewhat better than expected employment numbers released on Friday, 07 Oct. 2011,the decline in the Employment Trends Index in […]
Continue reading …Kyateka Mondo, said the high unemployment rate should not only be blamed on government but also on the youth. From the Uganda Daily Monitor: Kampala, Uganda – As Uganda continues to grapple with high rates of population growth, the level of unemployment among the youth has also shot high to a remarkable 83%, youth group, […]
Continue reading …From the Sydney Morning Herald: Employment growth is tipped to slow from its already sluggish pace in the coming months, as businesses continue to shy away from hiring new staff. The ANZ Bank yesterday (10 Oct. 2011) said the number of job advertisements fell 2.1% in September, the third monthly fall in a row and […]
Continue reading …Heading recent events in nearby Arab nations, another oil state is quickly creating a jobs program for its indigenous population. In this story from Gulf News, Abu Dhabi‘s Department of Economic Development (DED) says it will reduce unemployment rate to less than 5% by 2030 “by providing job opportunities for UAE jobseekers,” according to Rashid Ali Al […]
Continue reading …From the Louisville Curior-Journal: A Indiana state legislator is suggesting the state adopt a program used elsewhere that allows workers to receive partial unemployment benefits if their employer reduces their work hours to avoid layoffs. The proposal is receiving a cool reaction from a top business lobbyist and the Republican chairman of the state’s unemployment […]
Continue reading …From Miami New Times: Rep. Ritch Workman, R-Melbourne, is tired of Florida’s Big Brother government standing in the way of people getting jobs. Jobs that include being tossed around by drunk dudes specifically, so he’s on a mission to repeal the state’s two-decade-old ban on dwarf tossing. “I’m on a quest to seek and destroy […]
Continue reading …The Friday, 7 Oct. 2011, Employment Situation report from the Bureau of Labor Statistics shows 103,000 jobs were added in September. The jobs number includes about 45,000 striking Verizon workers returning to work, making the number net new jobs created in September about 58,000. This sluggish job growth continued the trend of the past five […]
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