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Saudi Arabia’s Labor Minister is seeking the “Saudization” of the kingdom’s private sector amid rising unemployment and unease following uprisings in other Arab nations. Saudi Arabia’s unemployment rate was 10.8% in July. The country will begin to pay unemployment benefits for the first time from November, Saudi Labor Minister Adel Fakieh, told Bloomberg News. In 2012 the […]
Continue reading …From The Guardian (UK) — Jobseekers will have to do more to prove they are seeking work or face losing benefits in measures likely to be announced at the Conservative party conference. At present jobseekers have to satisfy two criteria: putting together a CV and seeking information about a job, which ministers believe are not […]
Continue reading …From Viet Nam News — Ho Chi Minh City — Close cooperation between government, companies and educators is necessary for Vietnam to develop a national talent strategy, according to University of Michigan Professor Dave Ulrich. Speaking at an international seminar on human resources that took place 29 Sept. 2011, held by the PACE Institute of […]
Continue reading …Salaries for engineers are rising, despite the weak economy and a higher-than-normal of unemployment rate for this occupation, according to the IEEE-USA, a unit of the Institute of Electrical and Electronics Engineers. For all engineers, median income, including salary, commissions, bonuses and net self-employment income, increased from $113,500 in 2009 to $118,000 in 2010, or […]
Continue reading …The number of online advertised job listings were down 43,500 in September to 3.94 million, according to The Conference Board Help Wanted OnLine Data Series, released today, 28 Sept. 2011. The September drop follows a decline of 164,000 in August and a decrease of 217,000 in July. The Supply/Demand rate stands at 3.50, indicating there were 3.5 unemployed […]
Continue reading …Annual premiums for employer-sponsored family health care insurance coverage increased 9% from 2010 to $15,073 this year, according to the Kaiser Family Foundation/Health Research & Educational Trust 2011 Employer Health Benefits Survey released Tuesday, 27 Sept. 2011. On average, workers pay $4,129 and employers pay $10,944 toward those annual premiums. Premiums increased significantly faster than […]
Continue reading …By Braden Goyette ProPublica America’s Sputtering Economy, by the Numbers. With increasing signs that the economy is laboring [2], most economists agree that a short-term infusion of spending, or an extension of this year’s temporary cut in Social Security taxes, could help fend off a new downturn. But whatever one thinks of the debt deal […]
Continue reading …By Marian Wang, ProPublica It’s become a mantra on Capitol Hill and a rallying cry for industry groups: Get rid of the job-killing regulations. In recent days, with nearly every one of the GOP presidential [1] candidates [2] repeating [3] that [4] refrain [5], the political echo chamber has grown even louder. Earlier this month, […]
Continue reading …First a little bit of good news on health insurance in the United States. There are fewer uninsured people thanks to the Affordable Care Act. The Affordable Care Act, which allows children as old as 26 to remain on their parents’ health care insurance plans appears have an immediate effect on the number of Americans […]
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