Wisconsin governor wants to sharply curb unions
Wisconsin's new Republican governor on Friday proposed sharply curtailing the bargaining rights of public employee unions and other cost-saving measures to rein in the state's growing budget deficit.Governor Scott Walker said he will ask the Republican-controlled legislature to pass his budget repair bill next week. He said it was aimed at bringing stability to state finances and stave off employee layoffs this year.
Management Tip of the Day: Best ways to ask for a favor
Needing to ask for someone's help at some point is almost unavoidable, and there are some useful ways to go about it, says Harvard Business Review. The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org (www.hbr.org). Any opinions expressed are not endorsed by Reuters.
State workers should join national pension fund-study
The British government should enrol public sector employees in the forthcoming national pension fund designed for low-earners to help reduce a looming 10 billion-pound annual shortfall, a report said on Friday. The right-leaning Centre for Policy Studies think tank report calls the National Employment Savings Trust (NEST)
UK small firms hesitant to seek bank loans-survey
Britain's smaller companies are reluctant to tap banks for financing due to negative perceptions of the sector, a survey said on Friday, as politicians continue to attack the industry for not lending enough to businesses. Britain wants banks to lend more money in order to stimulate the country's faltering economy, and this week it struck a deal
S.Africa's Zuma calls for jobs, private sector help
South African President Jacob Zuma called on the government and private sector to create jobs, setting aside billions of dollars to create work in Africa's largest economy, hard-hit by chronic unemployment. We urge every sector and every business entity, regardless of size, to focus on job creation.
Jobless claims data boosts labor market outlook
New applications for unemployment benefits dropped to a 2-1/2-year low last week, pointing to a stronger footing for the labor market as the economic recovery gathers momentum. The fall in claims reported by the Labor Department on Thursday partly reflected the unwinding of a weather-related spike in late January but analysts said it was consistent with other indicators suggesting a strengthening labor market.
Orexigen cuts 40 pct staff to save cash
Orexigen Therapeutics Inc said it let go of about 40 percent of its workforce to save cash and focus resources on its experimental weight-loss drug. The drugmaker said it expects to take a charge of about $2.6 million on the job cuts, which comes on the heels of the U.S. health regulator denying approval for the drug, Contrave.
Thai airline recruits ladyboy flight attendants
A new Thai airline is hiring transsexual ladyboys as flight attendants, aiming at a unique identity to set itself apart from competitors as it sets out for the skies. Known as katoeys or ladyboys, transgenders and transsexuals have greater visibility in Thailand than in many other nations, holding mainstream jobs in a variety of fields.
KB swings to Q4 loss on massive job cuts at Kookmin
South Korea's KB Financial Group (105560.KS) (KB.N) swung to a loss in the fourth quarter, hit by charges for the biggest-ever job cuts at its Kookmin Bank unit, the country's top lender. KB posted a net loss of 231 billion won ($208 million) in the October-December period, versus a net profit of 17.8 billion won a year earlier.
US to let Andean trade, worker aid programs lapse
A program to help workers who lost their jobs because of foreign competition and another that provides duty-free treatment for goods from Colombia and Ecuador are expected to expire on Saturday while lawmakers fight over their future.
Special Report: In Saudi Arabia, a clamor for education
Saudi teenager Abdulrahman Saeed lives in one of the richest countries in the world, but his prospects are poor, he blames his education, and it's not a situation that looks like changing soon. There is not enough in our curriculum, says Saeed, 16, who goes to an all-male state school in the Red Sea port of Jeddah. It is just theoretical teaching, and there is no practice or guidance to prepare us for the job market.
Chipotle flagged immigrant worker audits last year
Chipotle Mexican Grill Inc, now in the midst of a widening federal crackdown on its undocumented work force, warned investors a year ago that it was subject to immigration audits and that it may have been employing workers in the country illegally.
Mobile payment startup builds buzz through causes
When competitors shut down payments to WikiLeaks after the controversial website released a slew of sensitive U.S. diplomatic cables, Sharif Alexandre refused to join the boycott. The Egyptian-born entrepreneur and founder of Xipwire - a Philadelphia-based mobile payments startup - stood opposed to PayPal and Amazon and let customers continue making donations via cellphones.
No work means no food for many Egyptians
Mustafa Fikri could not even be at his wife's hospital bedside when she gave birth to their first son. He was working and the last thing on the Cairo cab driver's mind was protesting against Hosni Mubarak's repressive rule. His preoccupation for the day was for the city's roads to stay open and protests to be peaceful, so people would venture out and need his services.
Job openings dip in December, but layoffs decline
U.S. job openings slipped in December, a government report showed on Tuesday, but a decline in layoffs supported views of a gradual labor market recovery. Job openings, a measure of labor demand, eased 139,000 to a seasonally adjusted 3.1 million, the Labor Department said in its monthly Job Openings and Labor Turnover Survey.
White House proposes unemployment aid for states
President Barack Obama will propose giving financial relief to U.S. states struggling with high unemployment insurance debt, the White House said on Tuesday, hoping that a lifeline now will avoid bailouts later.
Union to re-run BA cabin crew strike ballot
The union representing British Airways BAY.L cabin crew said on Tuesday it planned to ballot members again on taking strike action after saying a recent vote was potentially invalid. Cabin crew voted last month to hold further strikes in a long-running dispute which has already cost the airline some 150 million pounds.
Obama tries to woo business, slams burdensome tax
President Barack Obama stepped up efforts to woo the U.S. business community on Monday, seeking its help to tackle burdensome corporate taxes in a speech to a business group that has long been a fierce critic.
Small business confidence at three-year high in Jan
Confidence among small U.S. business owners rose to a three year high in January, but concerns about sales saw owners remain cautious about hiring and spending plans, a survey showed on Tuesday.
Young fight for full-time work in job market
Shanee Greenidge of Boston has been searching for full-time work since she dropped out of high school in 2009 and took a string of part-time jobs to help her mother pay bills.
Expat job seekers may shy away from Gulf-recruiter
Political unrest in Egypt and Tunisia may discourage Western job seekers from moving to the Gulf region as Arab governments focus more on youth unemployment, a recruitment agency report showed.
U.S. fast food caught in immigration crosshairs
Chipotle Mexican Grill (CMG.N) has a lot going for it -- an upscale burrito concept, a hip and eco-friendly image, expansion plans galore and a 500 percent-plus stock price gain in just over two years.
Q+A: How do I-9 audits find illegal workers in U.S.?
The U.S. government strategy to clamp down on illegal immigrant workers has been focused for the last two years on so-called I-9 audits that target employers rather than large-scale raids that net lots of employees .
Chrysler workers arrested for alleged drug use
Three workers from a high-profile Chrysler plant that makes a crucial new Jeep model were arrested recently for alleged drug use during the workday, the company and police said.
Jobless rate among veterans highest in five years
More than 15 percent of Iraq and Afghanistan war veterans were unemployed in January, far higher than the national jobless rate and the highest since the government began collecting data on veterans in 2005, the Bureau of Labor Statistics said on Friday.
Analysis: After the Great Recession, the Great Regression?
After the Great Recession, Europe has embarked on a Great Regression. Wages, pensions, unemployment insurance, welfare benefits and collective bargaining are under attack in many areas as governments struggle
Green job creation risks backfiring: Lomborg
Investments to create new jobs in clean energies risk backfiring by curbing employment in other parts of the economy, a study commissioned by Danish Skeptical Environmentalist Bjorn Lomborg said on Monday.
Obama calls on business to do more to boost U.S.
President Barack Obama called on U.S. businesses on Saturday to do more to boost the economy by hiring more workers and making investments.
Canadian job growth surges in January
Canadian job growth surged past expectations in January, with the economy officially recouping all the jobs lost in the recession, underscoring that its recovery is on track even as the U.S. labor market struggles.
Job growth slower than expected in January
U.S. employment rose far less than expected in January, partly the result of severe snow storms that slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.
