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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 …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 global economic storm is raging, putting a dark cloud over job growth. Several recent reports from the U.S. Bureau of Labor Statistics and other observers of the global and U.S. job markets and economy are likely to struggle to grow, at least during early 2013. Like the economy as whole, employment in the United […]
Continue reading …On Tuesday, 2 October 2012, Air Canada took the wraps off plans to create combine it Air Canada Vacations division with a new low-cost airline. Air Canada recently announced it would be hiring at least 900 new employees to staff the new venture. Canada’s largest airline says it will have the as-yet unnamed low-cost carrier […]
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 …Low Paid Public Sector Workers In Europe Greece Impoverishment of public employees (fall in wages by 15-20% in 2011 and new cuts by an additional -15% in 2012) due to the abolition of 13th and 14th month salaries, and a cut in the minimum wage. Hungary In 2010, 55% of public employees with less […]
Continue reading …Recruit Co. Ltd., a firm that once brought Japan’s government to its knees in a 1988 scandal, has purchased popular job search engine Indeed.com. Both Indeed and Recruit Co. are privately held companies. No dollar or yen value was given for the purchase. However, published reports speculate Recruit Co. may have paid as much as […]
Continue reading …ILO News– Unemployment inSpain is rising faster in rural areas than in urban centres and is fuelling social unrest, according to the latest statistics produced by ILO’s International Institute for Labour Studies (IILS). Unemployment in rural areas jumped from little over 8% in 2007 to more than 26% in 2012, while in urban areas it […]
Continue reading …By ROBERT SCALLY — The outlook for the U.S. economy is mostly unchanged from that of three months ago, according to 45 economic forecasters surveyed by the Federal Reserve Bank of Philadelphia. The economy continues to slowly improve, and should keep getting better for the next few years. The overall forecast for job growth and […]
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