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30th of December 2010
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News Tag: Jobs

November 14, 2010

UK consumer confidence falls to 18-month low

by Kay Murchie
The latest survey from the Nationwide Building Society has revealed a further fall in UK consumer confidence for the month of October. The building society’s consumer confidence index lost just one point to a reading of 52 in October but this level has not been seen since March 2009 - when the economy was in the midst of its worst recession ...

November 5, 2010

US jobs data better than expected

by Kay Murchie
The Labor Department has revealed the world’s largest economy added 151,000 new jobs last month. The news was gratefully received after concerns of a sluggish recovery, which led the Federal Reserve to introduce a fresh round of stimulus this week. However, the latest figures means the unemployment rate continues to hold steady at 9.6% - for the third consecutive month. The number of unemployed ...

October 8, 2010

UK’s 2011 census to create tens of thousands of jobs

by Kay Murchie
Tens of thousands of temporary jobs are on offer to conduct the 2011 census across the UK. Approximately 35,000 full and part-time positions will be created in England and Wales, while 6,000 will be created in Scotland and a further 2,000 in Northern Ireland. The census is a survey acquiring information about population and England and Wales’ census is ...

August 5, 2010

Social enterprise creates jobs for autistic people

by David Masters
Social enterprise creates jobs for autistic people
A new social enterprise to help people with autism find jobs has launched in Scotland. Specialisterne Scotland is set to recruit a dozen trainees with autism over the next six months. Those chosen for the programme will undertake four months training before being given jobs as software testers for major Scottish companies. These are jobs with a high degree of predictability and minimal ...

July 14, 2010

CIPD warns of jobs deficit amid spending cuts

by Kay Murchie
The Chartered Institute of Personnel and Development (CIPD) has warned of higher unemployment if economic growth misses forecasts. According to the employment group, growth needs to be at least 2.5% between now and 2015, in order for the private sector to create sufficient jobs to offset those that would be lost as a result of massive Government spending ...

July 11, 2010

Canada’s unemployment rate continues to fall

by Kay Murchie
The Canadian economy, which only entered a mild recession last year, appears to be performing well after figures show the unemployment rate continues to fall. Statistics Canada said on Friday that the country’s unemployment rate fell in April to 8.1%, from 8.2% in March. The economy added a better than expected 93,000 jobs last month - exceeding the 15,000 to 20,000 analysts ...

June 4, 2010

US unemployment rate dips to 9.7%

by Kay Murchie
The Labor Department today revealed the world’s largest economy added 431,000 jobs last month - the majority of them temporary Government jobs to help conduct the 2010 census. However, the figure fell far short of the 515,000 expected by analysts and follows an unrevised 290,000 increase in April. As a result, the unemployment rate has fallen to 9.7% in May from 9.9% in ...

May 20, 2010

HIPs suspended from 21st May 2010

by Gill Montia
Home Information Packs (HIPs) will no longer be required for house sellers from tomorrow, 21st May 2010. The costly packs were introduced in 2007 in England and Wales, despite strong opposition from the Royal Institution of Chartered Surveyors (RICS) and National Association of Estate Agents. A final good-bye to the HIP involves legislative changes and the immediate reprieve takes the form of a ...

May 5, 2010

Report reveals dip in job growth in April

by Kay Murchie
A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed its permanent placements index slipped to 63.2 in April from 65.2 in March. However, any reading above 50 indicates net hiring. The survey, which questions 400 recruitment firms, showed the availability of staff grew, albeit at a slower pace than earlier in the year. Meanwhile, the REC said the ...

April 14, 2010

British Midland announces cuts to jobs and flights

by Kay Murchie
British Midland announces cuts to jobs and flights
Lufthansa has announced it is planning to save £100 million pound at airline BMI, which involves slashing almost one quarter of its capacity and the loss of 800 jobs. The German owner also said the restructure will see BMI’s name changed back to its former name - British Midland International - believing that British Midland is a strong brand that ...

March 25, 2010

National rail strike to take place in April

by Kay Murchie
It has emerged this evening that rail workers will stage a four-day strike on April 6,7,8 and 9 amid a row over jobs and working practices. Members of the Rail Maritime and Transport union (RMT) and the Transport Salaried Staffs Association (TSSA) employed by Network Rail will strike between 6am and 10am and between 6pm and 10pm on the dates ...

March 18, 2010

British jobs secured as Nissan electric car to be built in Sunderland

by Kay Murchie
Japanese carmaker Nissan has announced it will build its electric car at its Sunderland plant. The announcement will safeguard hundreds of jobs when production begins in 2013 – as part of a £420 million investment from Nissan. Meanwhile, Trevor Mann at Nissan said the Government had played a major part in the carmaker's decision to build ...

February 23, 2010

PwC report reveals more job woes

by Kay Murchie
A report from accountants PricewaterhouseCoopers (PwC) has revealed more disappointment in the jobs market despite the UK emerging from recession in the fourth quarter of 2009. The report, which is based on interviews with bosses of 70 of the country's largest companies, found that 28% of bosses are planning redundancies over the next year. The findings will undoubtedly cause concern to private sector ...

February 18, 2010

Fed warns of higher unemployment

by Kay Murchie
Fed warns of higher unemployment
In its latest forecast for the world’s largest economy, the US central bank, the Federal Reserve, has said economic growth will be between 2.8% and 3.5% in 2010 - better than its previous forecast of 2.5% to 3.5%. However, the Fed has warned that despite strong growth for this year, unemployment will remain high. Earlier this month, the Labor Department said the US ...

February 3, 2010

Mandelson expresses ‘disappointment’ after meeting with Kraft chief

by Kay Murchie
Business Secretary Lord Peter Mandelson said he was "disappointed" that Kraft could not guarantee that Cadbury's confectionery brands will continue to be managed in the UK. Mandelson met with Kraft chief executive, Irene Rosenfeld, last night after Cadbury shareholders voted in favour of the £11.5 billion ($18.9 billion) takeover deal from the US food giant. The vote brought an end ...

January 19, 2010

Cadbury agrees £11.7bn Kraft takeover

by Kay Murchie
Cadbury agrees £11.7bn Kraft takeover
After months of hostile talks, British confectioner Cadbury has finally agreed to an £11.7 billion takeover by US food giant Kraft. The 186-year-old British company, renowned for Dairy Milk chocolate, is set to advise shareholders to accept the latest bid of 840p a share. Kraft, which is renowned for brands such as Kenco coffee and Oreo biscuits, will pay 840p for each Cadbury ...

January 7, 2010

Travelodge embarks on expansion plan with 26 new hotels

by Kay Murchie
Budget hotel group, Travelodge, continues to defy the recession as it embarks on a £115 million expansion programme which will see it open 26 new hotels. In October 2008, the group, which is owned by Dubai International Capital, the private equity group owned by the Arab Emirate’s ruling sheikh, said it would open almost two dozen hotels with the ...

December 15, 2009

Kraft defends bid for Cadbury

by Kay Murchie
US food giant Kraft has today reinforced its belief that a tie-up with Cadbury would “represent a uniquely complementary fit”. Kraft is actively trying to convince Cadbury shareholders that a combination with its British rival could "deliver substantially more value" together and would benefit Cadbury staff as new jobs would be created in the UK. Kraft warned Cadbury's shareholders that they will be "taking ...

December 8, 2009

TARP funds to be used to create jobs and halve US deficit

by Kay Murchie
TARP funds to be used to create jobs and halve US deficit
US President Barack Obama has suggested using leftover funds from the Troubled Asset Relief Program (TARP) to create jobs and cut the US deficit. Mr Obama told reporters that "TARP has turned out to be much cheaper than we had expected although not cheap," and he is aiming to cut the country’s unemployment rate - which ...

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