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Market Watch

Job advertisements

European job ads advance to highest in 16 months

European job advertisements on the Internet rose last month to their highest in 16 months, with Germany notching up the biggest gains, says Monster Worldwide Inc. The Monster Employment Index for Europe climbed two points to 114. Since June last...[more]

 
IT Industry

Open Season in hiring

Though unemployment levels remain high in Silicon Valley, prospects for job seekers have improved. The number of tech job postings on jobs site Dice.com rose 36 per cent to 66,672 in July, up from 48,993 a year earlier, according to the site. [more]

 
European Commission

EU aims at attracting foreign talent

Brussels wants to eliminate hurdles for foreign executives. Corporations with headquarters outside the European Union will be able to send top management personnel to Europe with far fewer bureaucratic complications than before. [more]

 
Switzerland

More jobs than applicants

Staffing and recruitment agency Manpower predict a lack of skilled workers for Switzerland. Many Swiss companies asked their staff this year to not take a summer holiday due to heavy workloads.[more]

 
Salaries

Banker's base salaries are up - but bonuses are down

New data from consulting firm Mercer shows that the majority of financial services companies have decreased their annual cash bonus as part of their employee pay mix and increased base salaries and the use of deferred compensation.[more]

 
BP oil spill

Drilling ban could cost more jobs than oil spill

Republicans such as Louisiana Senator David Vitter warned that the Obama administration's offshore drilling moratorium could end up costing more jobs than the BP oil spill itself. 140,000 jobs or more could be on the line as the administration...[more]

 
Job market down under

Jobs galore in New Zealand

The number of advertised vacancies for skilled jobs in News Zealand was up 24 per cent over the past year. News Zealand's Labor Department sees a strong growth especially in the three months to the end of May. [more]

 
Canada

A job machine that hums

Time magazine reports that Canadians may have achieved what Americans still long for: an upturn in national sentiment, and a job machine that hums. In fact, Canada's job creation engine is on a roll, producing more jobs than the U.S. [more]

 
Technical professions

Germany: IT industry cannot find enough staff

German IT companies are currently seeking 20,000 people. A recent survey amongst German companies in the IT and telecommunications industry showed that 53 per cent are seeking personnel and 30 per cent want to keep current levels.[more]

 
Economic growth

Regulation: Basel rules threaten jobs, say bankers

Economic growth in Europe, the US and Japan will be cut by three percentage points between now and 2015 if current proposals go forward to force banks to hold more capital and liquid assets, the Institute of International Finance (IFF), the world's...[more]

 
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