Workplace Issues Today
Daily News for Tuesday, December 10, 2013
Selected by the Catherwood Library Reference Staff each Monday through Friday, excluding University holidays, WIT is a free alert service, providing abstracts and links to workplace-related news stories covered in the major media. Subscribe to WIT »
Established in 1999, this service also includes a searchable archive.
Manpower Group survey: Hiring to increase in Q1 of 2014
Survey results from the Manpower Group show that in many countries, the job prospects may be increasing as employers indicate that they will be hiring an average of 13% more in the first quarter of the year. The country with the best hiring outlook is Taiwan, then India, New Zealand, Colombia, and Singapore. Of all the countries surveyed only Italy, Ireland, Finland, Spain, Slovakia, and Belgium. Of the United States, North Dakota held the best outlook with 17% and Montana, the only state with a negative outlook, was the lowest with -2%. 18,000 employers were surveyed worldwide.
See “India reports positive hiring plans for Q1 of 2014: Survey,” Zeenews.india.com, Dec 10 2013 (BCS)
European Aeronautic, Defense & Space Co. to shed 5,800 jobs or more
Factories in Germany, France, Spain, and the U.K. will be shuttered as the European Aeronautic, Defense & Space Co. (EAD) executes some of its steepest job cuts since its creation. The job cuts total about 15% of the workforce or 5,800 jobs, including both permanent and temporary positions. While its commercial wing, Airbus, is doing well, its military division is languishing as European demand for military aircraft diminishes. The company’s CEO is has indicated that the cuts could be even deeper in the future should the Eurofighter Typhoon sell worse abroad than expected or union negotiations be harsher than anticipated.
See “EADS Defense Unit Marginalized by Airbus Must Cut to Survive,” by Andrea Rothman & Robert Wall, Bloomberg News, Dec 10 2013 (BCS)
Huge wage growth projected in northern Canada as natural gas companies face labor shortages
Finding workers is proving an issue for oil and gas companies who are trying to develop Canada’s natural gas and oil sand resources. Chevron alone will need up to 5,500 workers and in some places are offering them housing with indoor driving ranges, movie theaters, and gyms. Wages have soared as much as 60% above the average for similar jobs in the U.S. Over the course of the next decade it is expected that more than 47,900 oil and gas jobs will open in Canada. The labor market projection is reminiscent of the growth in wages and demand experienced over the past couple decades in Australia where welders can earn up to $454,000 annually.
See “Canada wages soar 60% higher than US amid labor shortage,” by Rebecca Penty, Fuelfix.com, Bloomberg News, Dec 10 2013 (BCS)