Asia may be leading the world in terms of economic recovery from the recent global crisis, but in one critical area it remains a laggard: employment of women. A recent publication by the International Labour Organisation and the Asian Development Bank, “Women and Labour Markets in Asia: Rebalancing for gender equality,” makes out a strong case for effective policy interventions in this important segment of the labour market for two main reasons — the untapped economic potential and the effect on meeting the region's development goals. The finding that the Asia and Pacific region loses up to $47 billion annually because of the limited access given to women for employment and another $16-30 billion as a result of gender gaps in education drives home the magnitude of the social opportunities lost.
But it is not merely the missed growth in incomes that matters. Deeper still lie stubborn differentials that persist between the genders in various attributes of employment — the type of jobs and the regularity of incomes, for instance — reducing women to serve as the “buffer workforce.” South Asia is home to the highest percentage of women in vulnerable employment: 84.5 per cent in 2009, compared with the global average of 52.9 per cent. This vulnerability is exacerbated by the high and rising informalisation of the workforce. The strong link between informal employment and poverty calls for urgent policy interventions to break the vicious cycle. Of the interventions suggested by the ILO and the ADB, two are crucial: better-designed public employment programmes that factor in gender sensitivity and a mechanism to provide for social security. The immediate and long-term effects of these two measures will be highly beneficial. For example, the study provides persuasive evidence that India's Mahatma Gandhi National Rural Employment Guarantee Scheme has been successful in bringing in unskilled women agricultural workers to this public works programme as private wages for women are lower in the farm sector. Such public works-based solutions, howsoever effective they may be, can only be interim measures. In the long term what matters are coordinated policies that mainstream gender issues in employment. Rising India has everything to gain — economically, socially, and morally — by quickly initiating a process that will empower the women in the workforce
http://www.thehindu.com/opinion/editorial/article2006875.ece
Showing posts with label surveys. Show all posts
Showing posts with label surveys. Show all posts
Wednesday, June 8, 2011
Faster Growth and New Jobs : New Survey Shows Industrial Sector Forward
ThomasNet’s newest Industry Market Barometer™ (IMB)
shows North America’s industrial/manufacturing sector surging forward, accelerating the momentum of its recovery with the promise of further expansion to come. Several key indicators all demonstrate a sector that’s “caught on fire”—taking into account more company growth, fewer business declines, a resumption of hiring, a winding down of layoffs, and new investments.
“Looking at three Industry Market Barometers over the last 18 months, we’ve seen a winning formula unfold. Those companies that reported deploying new strategies, such as new product development and online marketing, have propelled to growth mode. Buoyed by the results of their initiatives, these successful companies are moving to the next level, fueling industry’s recovery,” said Eileen Markowitz, President, ThomasNet.
ThomasNet’s IMB is a semi-annual survey of the buyers (engineers and purchasing agents) and sellers (owners, managers, sales and marketing executives) in the manufacturers, distributors and service companies that comprise the industrial sector. It measures company growth, decline, strategies used to succeed, and the segment outlook. This is the third consecutive IMB, tracking industrial companies since January 2009. Its data is unique as the majority of respondents are from small and midsized companies, mirroring the makeup of the industrial/manufacturing sector. More than 3,243 industry professionals participated in the latest IMB.
Quickening Growth; Fewer Declines
One key indicator is the dramatic increase in companies reporting growth over the past 18 months: For the period January through June 2009, during the heart of the national recession, only 17 percent of respondents reported growth.
The figures began to steadily improve, with 27 percent reporting growth for July through December 2009, building to the latest figures, where 45 percent of respondents say their business grew during the first half of 2010. Those reporting a decline in business performance is just as telling. Only 19 percent of respondents report decline over the first half of 2010, down significantly from 41 percent six months ago and 54 percent when the IMB was first fielded.
The respondents also report a sense of optimism. Indeed, 60 percent of respondents forecast growth for the remainder of 2010, and 83 percent of those that are already growing expect that expansion to continue.
New Job Creation; Layoffs Nearly Over
The growth of industrial companies is leading to the creation of new jobs, with 34 percent of respondents saying they plan to hire again this year. The kinds of jobs companies are adding also indicate more growth ahead. For example, 25 percent of firms with new openings are adding line workers, an indication of increased product demand. Twenty-three percent are adding sales and marketing staff, showing confidence in customer buying power. Nineteen percent are recruiting engineers, supporting stepped up product development.
While many companies are adding new jobs, the IMB also shows layoffs winding down. Nearly 60 percent of respondents plan to keep headcount level this year, and only eight percent plan to downsize.
New Investments
In previous Industry Market Barometers, ThomasNet found that companies were investing in areas such as product development in order to seed growth. Putting the recession behind them, they are ramping up for new growth, with investments in technology (40%), facilities/renovations (37%) and capital equipment (36%) for the second half of 2010. And, in the first half of 2011, technology is projected to be the dominant area of investment.
Strategies for Continued Success
Respondents also share their top four strategies for continued success: developing business in new US geographies, developing innovative products and services, pursuing business in new industries, and increasing online marketing.
“Our sales are up 37 percent over the same period last year, and we’ve set four successive months of sales records,” said Richard Rubin, President of Maxi Container, Detroit, a distributor of eco-friendly containers for industrial and commercial use.
“More attention to online marketing and sales has allowed us to penetrate new markets and seed demand for new products. I am optimistic that this approach will lead to our best year ever.”
Small Businesses Ignite Industry Growth
In addition to examining the industrial sector, the IMB also paints a picture of a growing small and midsize business (SMB) sector. The largest increase in business comes from these smaller companies.
“The success of smaller suppliers is revving up the industrial supply chain, and igniting industry as a whole,” said Eileen Markowitz. “Their growth is fueling the expansion of the companies that buy from them—leading to increased innovation, decreased time to market, and additional hiring.”
Much of that hiring will continue to remain in North America, where respondents’ operations are located. Only 27 percent report that they have manufacturing operations overseas—and of those, 47 percent plan to make no changes, and 18 percent are making a concerted effort to move manufacturing back to the US.
To view and download the full results of the Industry Market Barometer, go to: http://www.thomasnet.com/pressroom/Industry_Market_Barometer.html
About ThomasNetSM
ThomasNet helps companies in the industrial marketplace to increase sales, and serve their customers more efficiently.
For more than 110 years, ThomasNet (previously Thomas Register) has connected buyers and suppliers of industrial products and services to do business with one another. The company’s flagship offerings are ThomasNet.com® and Web Solutions™ both designed to provide industrial buyers with all the tools and functionality they need to make intelligent buying decisions online. With more than two million visits per month, ThomasNet.com is the preferred resource for buyers and engineers from Fortune 500 companies, government agencies, the military, institutions and more looking to specify and purchase parts, materials, components, equipment and more. Web Solutions helps industrial companies leverage Internet technology(ies) to improve the performance of their websites and achieve their business goals. At the core of each Web Solution is the Navigator Platform, Thomas Industrial Network’s proprietary technology.
*ThomasNet Web Solutions is part of Thomas Industrial Network which includes ThomasNet.com, ThomasNet News, and Web Traxs®. Thomas Industrial Network offers a range of Internet marketing solutions to help industrial suppliers achieve their business goals through the integration of detailed content and leading web technology.
Thank you for reading this manufacturing jobs article on the Fashion Newspaper.
Learn more about jobs.
http://www.fashionnewspaper.com/articles/6701/1/Faster-Growth-and-New-Jobs--New-Survey-Shows-Industrial-Sector-Surging-Forward/Page1.html
shows North America’s industrial/manufacturing sector surging forward, accelerating the momentum of its recovery with the promise of further expansion to come. Several key indicators all demonstrate a sector that’s “caught on fire”—taking into account more company growth, fewer business declines, a resumption of hiring, a winding down of layoffs, and new investments.
“Looking at three Industry Market Barometers over the last 18 months, we’ve seen a winning formula unfold. Those companies that reported deploying new strategies, such as new product development and online marketing, have propelled to growth mode. Buoyed by the results of their initiatives, these successful companies are moving to the next level, fueling industry’s recovery,” said Eileen Markowitz, President, ThomasNet.
ThomasNet’s IMB is a semi-annual survey of the buyers (engineers and purchasing agents) and sellers (owners, managers, sales and marketing executives) in the manufacturers, distributors and service companies that comprise the industrial sector. It measures company growth, decline, strategies used to succeed, and the segment outlook. This is the third consecutive IMB, tracking industrial companies since January 2009. Its data is unique as the majority of respondents are from small and midsized companies, mirroring the makeup of the industrial/manufacturing sector. More than 3,243 industry professionals participated in the latest IMB.
Quickening Growth; Fewer Declines
One key indicator is the dramatic increase in companies reporting growth over the past 18 months: For the period January through June 2009, during the heart of the national recession, only 17 percent of respondents reported growth.
The figures began to steadily improve, with 27 percent reporting growth for July through December 2009, building to the latest figures, where 45 percent of respondents say their business grew during the first half of 2010. Those reporting a decline in business performance is just as telling. Only 19 percent of respondents report decline over the first half of 2010, down significantly from 41 percent six months ago and 54 percent when the IMB was first fielded.
The respondents also report a sense of optimism. Indeed, 60 percent of respondents forecast growth for the remainder of 2010, and 83 percent of those that are already growing expect that expansion to continue.
New Job Creation; Layoffs Nearly Over
The growth of industrial companies is leading to the creation of new jobs, with 34 percent of respondents saying they plan to hire again this year. The kinds of jobs companies are adding also indicate more growth ahead. For example, 25 percent of firms with new openings are adding line workers, an indication of increased product demand. Twenty-three percent are adding sales and marketing staff, showing confidence in customer buying power. Nineteen percent are recruiting engineers, supporting stepped up product development.
While many companies are adding new jobs, the IMB also shows layoffs winding down. Nearly 60 percent of respondents plan to keep headcount level this year, and only eight percent plan to downsize.
New Investments
In previous Industry Market Barometers, ThomasNet found that companies were investing in areas such as product development in order to seed growth. Putting the recession behind them, they are ramping up for new growth, with investments in technology (40%), facilities/renovations (37%) and capital equipment (36%) for the second half of 2010. And, in the first half of 2011, technology is projected to be the dominant area of investment.
Strategies for Continued Success
Respondents also share their top four strategies for continued success: developing business in new US geographies, developing innovative products and services, pursuing business in new industries, and increasing online marketing.
“Our sales are up 37 percent over the same period last year, and we’ve set four successive months of sales records,” said Richard Rubin, President of Maxi Container, Detroit, a distributor of eco-friendly containers for industrial and commercial use.
“More attention to online marketing and sales has allowed us to penetrate new markets and seed demand for new products. I am optimistic that this approach will lead to our best year ever.”
Small Businesses Ignite Industry Growth
In addition to examining the industrial sector, the IMB also paints a picture of a growing small and midsize business (SMB) sector. The largest increase in business comes from these smaller companies.
“The success of smaller suppliers is revving up the industrial supply chain, and igniting industry as a whole,” said Eileen Markowitz. “Their growth is fueling the expansion of the companies that buy from them—leading to increased innovation, decreased time to market, and additional hiring.”
Much of that hiring will continue to remain in North America, where respondents’ operations are located. Only 27 percent report that they have manufacturing operations overseas—and of those, 47 percent plan to make no changes, and 18 percent are making a concerted effort to move manufacturing back to the US.
To view and download the full results of the Industry Market Barometer, go to: http://www.thomasnet.com/pressroom/Industry_Market_Barometer.html
About ThomasNetSM
ThomasNet helps companies in the industrial marketplace to increase sales, and serve their customers more efficiently.
For more than 110 years, ThomasNet (previously Thomas Register) has connected buyers and suppliers of industrial products and services to do business with one another. The company’s flagship offerings are ThomasNet.com® and Web Solutions™ both designed to provide industrial buyers with all the tools and functionality they need to make intelligent buying decisions online. With more than two million visits per month, ThomasNet.com is the preferred resource for buyers and engineers from Fortune 500 companies, government agencies, the military, institutions and more looking to specify and purchase parts, materials, components, equipment and more. Web Solutions helps industrial companies leverage Internet technology(ies) to improve the performance of their websites and achieve their business goals. At the core of each Web Solution is the Navigator Platform, Thomas Industrial Network’s proprietary technology.
*ThomasNet Web Solutions is part of Thomas Industrial Network which includes ThomasNet.com, ThomasNet News, and Web Traxs®. Thomas Industrial Network offers a range of Internet marketing solutions to help industrial suppliers achieve their business goals through the integration of detailed content and leading web technology.
Thank you for reading this manufacturing jobs article on the Fashion Newspaper.
Learn more about jobs.
http://www.fashionnewspaper.com/articles/6701/1/Faster-Growth-and-New-Jobs--New-Survey-Shows-Industrial-Sector-Surging-Forward/Page1.html
Labels:
surveys
HOT JOBS FOR THE 21st CENTURY
Over the 2000-2010 period, total employment is projected to increase by 22.2 million jobs. From jobs in farming, fishing, and forestry to jobs in management, business, and finance, every major occupational group will experience some amount of job growth. Smaller employment gains, like those projected in production occupations (750,000 jobs) and those in installation, maintenance, and repair occupations (662,000 jobs) will be dwarfed by the gains expected in professional and related occupations (7.0 million jobs) and those in service occupations (5.1 million jobs).
In addition to the employment gains mentioned above, there will also be increases in labor force participation over the 2000-2010 period. The number of women in the labor force is projected to increase from 65.6 million in 2000 to 75.5 million in 2010--an increase of 15.1 percent. The number of men in the labor force is projected to increase from 75.2 million in 2000 to 82.2 million in 2010--a 9.3 percent increase. By 2010, women are projected to account for 48 percent of the total labor force.
As women's share of the labor force continues to climb, it is important for women to be aware of the jobs that will have the fastest growth, the jobs with the largest numerical increases, and the education and training necessary to secure one of these jobs. Fastest job growth refers to the percentage change in employment within a particular occupation over a specific period of time. Numerical job growth refers to the total number of jobs created within an occupation over a specific period of time.
The pay offered by these growth occupations should also be considered when choosing a job or career. While wage projections by occupations are not available, a look at the median weekly earnings of wage and salary workers who usually work full time, by occupation, provides additional job resource information.
Table 1 shows employment by major occupational groups in 2000 and projections for 2010. Table 2 shows the occupations with the fastest job growth over the 2000-2010 period. Table 3 shows the occupations with the largest numerical job growth over the 2000-2010 period. Table 4 shows the median weekly earnings in 2001 for some of the occupations expected to have fast job growth or large numerical job growth over the 2000-2010 period. If employment is projected to increase 36 percent or more, a job is considered to grow much faster than average; an increase of 21 to 35 percent, faster than average; an increase of 10 to 20 percent, growth about as fast as average; an increase of 3 to 9 percent, more slowly than average; an increase of zero to 2 percent, little or no change; and a decrease of 1 percent or more, a decline (see Table 1).
Table 1
Employment by Major Occupational Group, 2000 and Projected 2010
(numbers in thousands)
Text Version
Employment Change
Occupational group 2000 2010 Number Percent
Total, all occupations 1 45,594 167,754 22,160 15.2
Management, business,
and financial occupations 15,519 17,635 2,115 13.6
Professional and related occupations 26,758 33,709 6,952 26
Service occupations 26,075 31,163 5,088 19.5
Sales and related occupations 15,513 17,365 1,852 11.9
Office and administrative
support occupations 23,882 26,053 2,171 9.1
Farming, fishing, and forestry occupations 1,429 1,480 51 3.6
Construction and extraction occupations 7,451 8,439 989 13.3
Installation, maintenance,
and repair occupations 5,820 6,482 662 11.4
Production occupations 13,060 13,811 750 5.7
Transportation and
material moving occupations 10,088 11,618 1,530 15.2
Source: U.S. Department of Labor, Bureau of Labor Statistics, Monthly Labor Review, November 2001.
The occupational groups expected to add at least 2 million new jobs while displaying at least average job growth between 2000 and 2010 are: professional and related occupations; service occupations; and management, business, and financial occupations.
Of all the major occupational groups (see Table 1), professional and related occupations is projected to increase the fastest (26.0 percent) and add the largest number of jobs (7 million) between 2000 and 2010. The majority of this job growth comes from three subgroups: computer and mathematical occupations; health care practitioners and technical occupations; and education, training, and library occupations. Examples of occupations within these three areas are: computer software engineers; database administrators; desktop publishers; medical records and health information technicians; and special education, preschool, and elementary teachers. Among health care practitioners, registered nurses--by far the largest occupation in this subgroup--should account for more than a third of all new jobs.
Service occupations will have the second largest numerical job growth (5.1 million jobs) and the second highest rate of job growth (19.5 percent). The subgroups that will account for most of this job growth are food preparation and serving related occupations (1.6 million jobs); health care support occupations (1.1 million jobs); personal care and service occupations (856,000 jobs); protective service occupations (809,000); and building and grounds cleaning and maintenance occupations (779,000 jobs).
Management, business, and financial occupations will grow by 2.1 million jobs. Within this group, management occupations will add nearly 1.3 million jobs and business and financial operations occupations will add 845,000 jobs.
Sales and related occupations are projected to grow about as fast as average (11.9 percent) with a total job increase of about 1.9 million jobs. The largest numerical job growth in this group, however, is in occupations with fairly low median weekly earnings--such as cashiers, retail salespersons, and supervisors, sales workers. Median weekly earnings for these three occupations ranged from $299-$618 in 2001.
Jobs in office and administrative support occupations are projected to increase by 2.2 million, however, they will grow more slowly than average. The largest numerical job growth is expected in customer service representatives, receptionists and information clerks, and bill and account collectors. This group also contains some of the occupations with the largest job declines--order clerks, 71,000 jobs; tellers, 59,000 jobs; insurance claims and policy processing clerks, 58,000 jobs; and word processors and typists, 57,000 jobs.
Average job growth is projected for transportation and material moving occupations. Of the 1.5 million jobs that will be created in this group, nearly 40 percent will be for driver/sales workers and truck drivers--heavy, tractor-trailer, light, and delivery. Water transportation occupations will grow much slower than average and railroad occupations will show an 18.5 percent decline in jobs over the 2000-2010 period.
As shown in Table 2, of the 30 occupations with the fastest job growth over the 2000-2010 period, 17 are health-related and 10 are computer-related occupations. Some of the fast-growing health-related occupations include personal and home care aides; physician assistants; medical assistants; medical records and health information technicians; dental hygienists; speech-language pathologists; and veterinary technologists and technicians. Some of the fast-growing computer-related occupations include computer software engineers, applications and systems software; network and computer systems administrators; desktop publishers; database administrators; and computer systems analysts.
Of the 30 occupations with the largest numerical job growth over the 2000-2010 period (see Table 3), some of the health-related occupations are registered nurses, home health aides, and medical assistants. Examples of the computer-related occupations are computer support specialists, computer software applications engineers, and computer systems analysts. Within the education, training, and library occupations, some are postsecondary teachers, teacher assistants, and elementary school teachers, except special education.
Table 2
Occupations with the Fastest Job Growth, 2000-2010
(Numbers in thousands of jobs)
Text Version
Employment Occupation 2000 2010 Number Percent
Computer related occupations
Computer software engineers,
applications 380 760 380 100
Computer support specialists 506 996 490 97
Computer software engineers,
systems software 317 601 284 90
Network and computer systems
administrators 229 416 187 82
Network systems and data
communications analysts 119 211 92 77
Desktop publishers 38 63 25 67
Database administrators 106 176 70 66
Computer systems analysts 431 689 258 60
Computer and information systems managers 313 463 150 48
Computer and information scientists, research 28 39 11 40
Health related occupations
Personal and home care aides 414 672 258 62
Medical assistants 329 516 187 57
Physician assistants 58 89 31 53
Medical records and health
information technicians 136 202 66 49
Home health aides 615 907 291 47
Physical therapist aides 36 53 17 46
Audiologists 13 19 6 45
Occupational therapist aides 9 12 4 45
Physical therapist assistants 44 64 20 45
Occupational therapist assistants 17 23 7 40
Veterinary assistants and laboratory
animal caretakers 55 77 22 40
Veterinary technologists and technicians 49 69 19 39
Speech-language pathologists 88 122 34 39
Mental health and substance abuse
social workers 83 116 33 39
Dental assistants 247 339 92 37
Dental hygienists 147 201 54 37
Pharmacy technicians 190 259 69 36
Other occupations
Social and human service assistants 271 418 147 54
Fitness trainers and aerobics instructors 158 222 64 40
Special education teachers, preschool,
kindergarten, and elementary school 234 320 86 37
Source: U.S. Department of Labor, Bureau of Labor Statistics, Monthly Labor Review,
November 2001.
Table 3
Selected Occupations with the Largest Job Growth, 2000-2010
(Numbers in thousands of jobs)
Text Version
Employment Change
Occupation 2000 2010 Number Percent
Combined food preparation and serving
workers, including fast food 2,206 2,879 673 30
Customer service representatives 1,946 2,577 631 32
Registered nurses 2,194 2,755 561 26
Retail salespersons 4,109 4,619 510 12
Computer support specialists 506 996 490 97
Cashiers, except gaming 3,325 3,799 474 14
Office clerks, general 2,705 3,135 430 16
Security guards 1,106 1,497 391 35
Computer software engineers, applications 380 760 380 100
Waiters and waitresses 1,983 2,347 364 18
General and operations managers 2,398 2,761 363 15
Truck drivers, heavy and tractor-trailer 1,749 2,095 346 20
Nursing aides, orderlies, and attendants 1,373 1,697 323 24
Janitors and cleaners, except maids
and housekeeping cleaners 2,348 2,665 317 13
Postsecondary teachers 1,344 1,659 315 23
Teacher assistants 1,262 1,562 301 24
Home health aides 615 907 291 47
Laborers and freight, stock, and
material movers, hand 2,084 2,373 289 14
Computer software engineers,
systems software 317 601 284 90
Landscaping and groundskeeping workers 894 1,154 260 29
Personal and home care aides 414 672 258 62
Computer systems analysts 431 689 258 60
Receptionists and information clerks 1,078 1,334 256 24
Truck drivers, light or delivery services 1,117 1,331 215 19
Packers and packagers, hand 1,091 1,300 210 19
Elementary school teachers,
except special education 1,532 1,734 202 13
Medical assistants 329 516 187 57
Network and computer
systems administrators 229 416 187 82
Secondary school teachers, except
special and vocational education 1,004 1,190 187 19
Accountants and auditors 976 1,157 181 19
Source: U.S. Department of Labor, Bureau of Labor Statistics, Monthly Labor Review,
November 2001.
The median weekly earnings of all wage and salary workers who worked full time in 2001 was $597 for both sexes. Even though an occupation may be projected to show faster than average growth and/or a large numerical increase, the median weekly earnings of that occupation could be much lower than the average for all workers (see Table 4).
Table 4
2001 Median Weekly Earnings of Selected Growth Occupations
Text Version
Median Weekly Earnings, 2001
(Both Sexes)
Occupations with fastest job growth
Computer systems analysts and scientists $1,100
Operations and systems researchers
and analysts 931
Physician assistants 839
Speech therapists 834
Special education teachers 761
Elementary school teachers 740
Health technologists and technicians 562
Pre-kindergarten and kindergarten teachers 480
Dental assistants 435
Occupations with largest job growth
Computer systems analysts and scientists $1,100
Teachers, college and university 1,009
Registered nurses 829
Secondary school teachers 774
Accountants and auditors 773
Elementary school teachers 740
Truck drivers 593
General office clerks 465
Information clerks 421
Health aides, except nursing 375
Sales workers, retail and personal services 363
Nursing aides, orderlies, and attendants 360
Hand packers and packagers 326
Source: U.S. Department of Labor, Bureau of Labor Statistics, Monthly Labor Review, November 2001 and Employment and Earnings, January 2002.
Conclusion
Among the major occupational groups (as shown in Table 1), employment in professional and related occupations and service occupations will increase the fastest and add the most jobs between the 2000-2010 period. While professional and related occupations require the most education and training and offer the highest earnings, service occupations require the least amount of training and offer some of the lowest earnings. More detailed information about any occupation, including training and resources, mentioned in this report can be found in the U.S. Department of Labor, Bureau of Labor Statistics' publication, "Occupational Outlook Handbook," 2002-2003 Edition.
It can also be accessed on the Internet at http://www.bls.gov/oco/home.htm
http://www.dol.gov/wb/factsheets/hotjobs03.htm
Labels:
surveys
Sunday, May 22, 2011
Portugal: Is there an alternative to bailout?
An article relating to the so-called bailout of Portugal by the IMF and questioning the wisdom of the Portuguese Government effectively throwing in the towel.On Friday evening, as its former Managing Director languished in a New York prison on charges totally unrelated to high finance, the International Monetary Fund announced that it had approved a $36.8 billion loan for Portugal to – as Reuters put it – “help the country recover from a debilitating sovereign debt crisis”.
The flip side is that in order to qualify for this “bail out”, the Portuguese government has agreed to make “steep spending cuts, raise taxes, reform its labor and justice systems, and embark on an ambitious privatization scheme”.
No one, least of all the Portuguese people, should be taken in by this rhetoric of helping the country to recover. What the IMF has done, is intent on doing, is propping up the gargantuan Ponzi scheme known as the international banking system, because the people who run it realize that as soon as one player is permitted to default, the entire corrupt edifice will collapse around their heads like a house of cards.
The suggestion that savage cuts in the Portuguese economy, the Greek economy, the Irish economy, or any economy, benefits the people is particularly insulting when one sees the salaries top bankers are paid.
Read more: http://www.digitaljournal.com/article/307000#ixzz1N5NxZKhf
Pakistan is to make gold and copper mining at priority
$65 billion Copper,Gold reserves discovered in Pakistan which can contribute 1.25 b $ every yearMajor reserves of copper and gold in Balochistan’s Rekodiq area have been discovered which would contribute about $1.25 billion annually to the national economy, it is learnt.
“This is a major discovery by all international standards”, a senior government official told Dawn on Wednesday. The president or the prime minister will make a formal announcement after completing legal formalities, he said.
The Rekodiq mining area has proven estimated reserves of two billion tons of copper and 20 million ounces of gold. According to the current market price, the value of the deposits has been estimated at about $65 billion, which would generate thousands of jobs.
The size of Pakistan’s national economy (GDP) at present is about $104 billion.
Balochistan government has 25 per cent stake in the Rekodiq project. Rest of the 75 per cent stakes of the project have now been taken over on 50:50 basis by Antofagasta of Chile and Barrick Gold of Canada.
“The discovery has ranked Rekodiq among the world’s top seven copper reserves”, said an industry expert requesting not to be named for political reasons associated with ongoing security operation in the province.
“This is a quantum jump....the mineral resources may contribute to the national economy despite inadequate support this sector gets from the government”, he added.
The Rekodiq project is estimated to produce 200,000 tons of copper and 400,000 ounces of gold per year, at an estimated value of $1.25 billion at current market prices. The copper and gold are currently traded at about $5,000 per ton and $600 per ounce respectively in the international market.
The project will, however, require about $1 billion investment to start commercial production by 2010. It has so far consumed about $50 million to prove two billion tons of copper and 20 million ounces of gold.
The presence of a mineral deposits in the area was identified by the Geological Survey of Pakistan in early 1990s in collaboration with BHP Billiton of Australia.
Later in 2000, Tethyan Corporation (TCC) of Australia took over the project from BHP and invested $30 million by raising funds through international listing and drilled over 75,000 meters to prove the reserves.
The TCC has recently been taken over by two of the world’s largest copper and gold mining firms — Antofagasta of Chile and Barrick Gold Corporation of Canada. The market capitalisation of Barrick alone is estimated at over $25 billion. This is the first private sector funded mining venture in Pakistan.
The chairmen of the two mining majors — Jean Paul Luksic of Antofagasta and Gregory Charles Wilkings of Barrick — also had a meeting with Prime Minister
Pakistan is rich in mineral resources waiting to be tapped by both domestic and foreign investors by bringing in latest techniques and state-of-the-art technology in this sector, the prime minister told the two investors. He said the logistics chain would be improved throughout the country to facilitate the movement of cargo. He hoped that Gwadar Deep Sea Port would be a hub for export of mining products from Balochistan
read more
http://www.defence.pk/forums/economy-development/1073-65-billion-copper-gold-reserves-discovered-pakistan.html
Pakistan has gold reserves worth trillions of dollars: Samar
Renowned Nuclear Scientist Dr Samar Mubarakmand Saturday inaugurated the recently-installed Rs 70 million high-tech 4 MeV Pelletron Accelerator and Rs 40 million Laser Laboratories at the GC University, Lahore Centre for Advanced Studies in Physics (GCU CASP). GCU Vice Chancellor Dr Khalid Aftab was also present on this occasion.
Speaking on the occasion, Dr Samar gave wake-up call to the national scientists, saying Pakistan is extremely rich in minerals especially coal, copper and gold and what it needed is indigenous technology for exploitation of these resources. We should not let the foreigners to exploit our resources and pay us peanuts in form of royalty.
The nuclear scientist said that Pakistan had gold and copper reserves of trillions of dollars in Balochistan. The gold will become so cheap in Pakistan if we mine it indigenously. He also highlighted the importance of Thar coal projects.
Dr Samar who remained associated with Pakistan’s Nuclear and Missile Programme for 42 years called on the national scientists to design their research projects on a par with the industrial and economic needs of Pakistan. Dr Samar talking to GCU Vice Chancellor Dr Khalid Aftab made liberal offers for help by the Planning Commission in installation more high-tech equipments at GCU CASP for research. The Vice Chancellor also sought the help of the Higher Education Commission and the Pakistan Planning Commission in its faculty development programmes.
Earlier, Director CASP Dr Ijaz M Ghauri briefed Dr Samar about the recently installed high equipments at CASP including Materials Testing Lab, Materials Fabrication Lab, Transmission Electron Microscopy Lab, Scanning Electron Microscopy Lab and Sample Preparation lab. The Materials Testing Laboratory houses 50 kN and 150 kN Universal Testing Machines which can perform compression, tension and bending tests from 180 to 600 degree Celsius.
http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Lahore/03-Jan-2010/Pak-has-gold-reserves-worth-trillions-of-dollars-Samar
Unfortunately Pakistanis ruling class is either Unable or have other priorities and working on only and only one agenda. that's do and help in corruption.Unfortunately masses of Pakistan class is sleeping.They are unable to control 500 b of internal corruption in Institutes.Being a Muslim country how corrupt we are? what will be its end? When we will be able to make our own Budget? We have all crops in Pakistan all minerals , Rivers, Dames ,precious stones etc.
There are few countries that 90 percent consist of hills and only 10 percents plains 8 percent of their their total area is cultivated. but they make their own Budget without foreign aid.for example Tajikistan. and many other countries,but due to corruption of these people Ruling class and Bureaucratizes, Governments have been overthrown by Military.It is the only institute that comes forward time to time to stop these after some time that class also joins them.Old bureaucratic system should be overthrown . These are the people that teaches the every class the ways to make more and more money.all are busy in earning commission.This class saves their corruption and also corruption of ruling class.These are enemies of Allama Iqbal's philosophy and of the masses of Pakistan
We have plenty of Mir Jaffirs and Mir Sadiqs ..
Friday, May 20, 2011
Funny Newspaper Job Wanted Ads You’ve Never Seen Before
When so many people are making us laugh with funny job wanted ads on Craigslist, let’s take a moment to enjoy the lost art of newspaper job wanted ads.
Cab drivers wanted
Cab drivers wanted
“Expert in all levels of security”
We let Him do all the work
Looking for someone on the inside
What do they need the picture for?
No vegetarians, please
Mercenary for hire
Read more at: http://jobmob.co.il/blog/funny-newspaper-job-wanted-ads/#ixzz1My0rYm1FWednesday, April 13, 2011
Most Dangerous Jobs in USA
In August, the Bureau of Labor Statistics released its annual report identifying the industries and occupations that had the most fatal work injuries. In 2008, there were 5,071 fatal work injuries and a fatality rate of 3.6 per 100,000 workers in the United States -- a drop from 5,657 and 4.0 respectively in 2007. While this decrease is something to be optimistic about, there are other factors to consider.
While many of us go to our jobs every day without even thinking that we might suffer a paper cut, there are thousands of other workers in peril every time they punch the clock
. From inner city violence to acts of nature, professionals put their lives at risk to keep the community safe, keep store shelves stocked with food, keep our utilities running, and build our roads, cars and homes.
According to the BLS, economic factors likely played a role in the fatality decrease. Hours worked at the national level fell by one percent in 2008, and some industries that have historically accounted for a significant share of worker fatalities, such as construction, experienced larger declines in employment or hours worked. One might speculate the economy also be factored into the rise of workplace suicides, which were up 28 percent to a series high of 251 cases in 2008 and like stats are in 2011.
Are you curious to see if your job is one of the most hazardous? These were the most fatal occupations and industries last year:
Jobs with the highest fatality rates
The following 10 occupations had the highest fatality rates in 2008:
1. Fishers and related fishing workers
Fatality rate*: 128.9
2. Logging workers
Fatality rate: 115.7
3. Aircraft pilots and flight engineers
4. Structural iron and steel workers
Fatality rate: 46.4
5. Farmers and ranchers
Fatality rate: 39.5
6. Refuse and recyclable material collectors
Fatality rate:: 36.8
7. Roofers
Fatality rate: 34.4
8. Electrical power line installers and repairers
Fatality rate: 29.8
9. Driver/sales workers and truck drivers
Fatality rate: 22.8
10. Taxi drivers and chauffeurs
Fatality rate: 19.3
Jobs with the most fatalities
The following 10 positions saw the most deaths in 2008:
1. Motor vehicle operators
Number of victims: 908
Most common manner of death: 66 were highway-related.
2. Construction trades workers
Number of victims: 720
Most common manner of death: 37 were attributed to falls
3. Material moving workers
Number of victims: 248
Most common manner of death: 14 fall-related fatalities and 12 were struck by objects
4. Law enforcement workers
Number of victims: 144
Most common manner of death: 38 were highway-related and 33 were homicides
5. Agricultural workers
Number of victims: 33
Most common manner of death: 19 highway-related fatalities
6. Grounds maintenance workers
Number of victims: 128
Most common manner of death: 20 deaths each from falls and being struck by an object
7. Sales supervisors
Number of victims: 124
Most common manner of death: 52 homicides
8. Vehicle and mobile equipment mechanics, installers, repairers
Number of victims: 110
Most common manner of death: 30 were struck by objects
9. Supervisors, construction and extraction workers
Number of victims: 108
Most common manner of death: 24 fall-related deaths
10. Metal or plastic workers
Number of victims: 102
article source:-
http://jobs.aol.com/articles/2009/09/04/americas-most-dangerous-jobs/
Labels:
surveys
Sunday, April 3, 2011
Measuring Joblessness Through An Educational Lens
Rodgers, a professor at Rutgers University, calls it "bifurcated" because people who have college degrees are getting hired, but those who didn't finish school are sitting on the sidelines. Many have given up on their search for work.
"This horrible recession, combined with this weak recovery, has lead to this bifurcated set of outcomes," he says.
The nation's unemployment rate fell slightly in March to 8.8 percent and more than 200,000 jobs were added to the payroll. But the unemployment rate leaves out a lot of people — including those who have stopped looking for jobs and have dropped out of the labor force.
"One of the things that I think is sort of an intuitive idea is that if the unemployment rate is improving, that's really only good news if we see a bigger share of the labor force that's working," says Heidi Shierholz, an economist with the Economic Policy Institute.
Shierholz thinks the employment-to-population ratio, which measures the share of the U.S. population that has a job, is a more accurate reflection of the unemployment picture. The ratio has hardly budged over the past year. And that means the percentage of people working in this country hasn't changed even though the unemployment rate has ticked down.
Left Out, Going Back To School
Young has four kids and a husband who's on disability. The family lives just outside of Salt Lake City. Young left college early to get married and raise a family. When her husband got sick, she had to jump into the workforce.
But Young says that plan didn't work out; she searched for work for three years.
"Even though I have put in hundreds of applications and dozens and dozens of resumes, employers tell me in interviews that they are looking for someone with more education — a college degree — or an associate's degree," she says.
So, Young has taken out a loan to go back to college. She starts next week, and ultimately hopes to go to nursing school.
Young's story is pretty typical. Shawn Smith is also feeling the effects of the bifurcated recovery. The 31-year-old moved to three states in as many years looking for work. But nothing stuck.
While he was in college in the 1990s, he was making good money working as a landscaper. So he decided to drop out to work full-time.
Living At Home
Now, he lives with his parents in Largo, Fla., while he's looking for a job. But he's having trouble finding any opportunities because he didn't finish college, he says.
For people like Smith without a college degree, the situation hasn't even bottomed out yet.
In 2007, before the recession, about 70 percent of people who attended some college, but didn't have a bachelor's degree were working, according to the Economic Policy Institute. When the recession hit, that number dropped to about 65 percent and it keeps declining.article Source
http://www.npr.org/2011/04/03/135043989/measuring-joblessness-through-an-educational-lens&sc=nl&cc=nh-20110403
"This horrible recession, combined with this weak recovery, has lead to this bifurcated set of outcomes," he says.
The nation's unemployment rate fell slightly in March to 8.8 percent and more than 200,000 jobs were added to the payroll. But the unemployment rate leaves out a lot of people — including those who have stopped looking for jobs and have dropped out of the labor force.
"One of the things that I think is sort of an intuitive idea is that if the unemployment rate is improving, that's really only good news if we see a bigger share of the labor force that's working," says Heidi Shierholz, an economist with the Economic Policy Institute.
Shierholz thinks the employment-to-population ratio, which measures the share of the U.S. population that has a job, is a more accurate reflection of the unemployment picture. The ratio has hardly budged over the past year. And that means the percentage of people working in this country hasn't changed even though the unemployment rate has ticked down.
Left Out, Going Back To School
Young has four kids and a husband who's on disability. The family lives just outside of Salt Lake City. Young left college early to get married and raise a family. When her husband got sick, she had to jump into the workforce.
But Young says that plan didn't work out; she searched for work for three years.
"Even though I have put in hundreds of applications and dozens and dozens of resumes, employers tell me in interviews that they are looking for someone with more education — a college degree — or an associate's degree," she says.
So, Young has taken out a loan to go back to college. She starts next week, and ultimately hopes to go to nursing school.
Young's story is pretty typical. Shawn Smith is also feeling the effects of the bifurcated recovery. The 31-year-old moved to three states in as many years looking for work. But nothing stuck.
While he was in college in the 1990s, he was making good money working as a landscaper. So he decided to drop out to work full-time.
Living At Home
Now, he lives with his parents in Largo, Fla., while he's looking for a job. But he's having trouble finding any opportunities because he didn't finish college, he says.
For people like Smith without a college degree, the situation hasn't even bottomed out yet.
In 2007, before the recession, about 70 percent of people who attended some college, but didn't have a bachelor's degree were working, according to the Economic Policy Institute. When the recession hit, that number dropped to about 65 percent and it keeps declining.article Source
http://www.npr.org/2011/04/03/135043989/measuring-joblessness-through-an-educational-lens&sc=nl&cc=nh-20110403
Labels:
surveys
Wednesday, February 16, 2011
Unemployment Survey : US
The main measure of employment in the United States is the Current Population Survey conducted monthly by the federal Bureau of Labor Statistics. In a March 5, 2008 column in The New York Times, excerpted below, David Leonhardt described the birth of the survey, and its major shortcoming:
In 1878, Carroll D. Wright set out to do something that nobody in the United States had apparently ever done before. He tried to count the number of unemployed.
As is the case today, the 1870s were a time of economic anxiety, with a financial crisis -- the panic of 1873 -- having spread into the broader economy. But Wright, then the chief of the Massachusetts Bureau of the Statistics of Labor, thought there weren't nearly as many people out of work as commonly believed. He lamented the "industrial hypochondria" then making the rounds, and to combat it, he created the first survey of unemployment.
The survey asked town assessors to estimate the number of local people out of work. Wright, however, added a crucial qualification. He wanted the assessors to count only adult men who "really want employment," according to the historian Alexander Keyssar. By doing this, Wright said he understood that he was excluding a large number of men who would have liked to work if they could have found a job that paid as much as they had been earning before.
Just as Wright hoped, his results were encouraging. Officially, there were only 22,000 unemployed in Massachusetts, less than one-tenth as many as one widely circulated (and patently wrong) guess had suggested. Wright announced that his "intelligent canvas" had proven the "croakers" wrong. From Massachusetts, he went to Washington, where he served as the inaugural director of the federal government's Bureau of Labor Statistics and later as the head of the United States Census. His method for counting -- and not counting -- the unemployed became the basis for Census tallies of the jobless and, eventually, for the monthly employment report put out by the Bureau of Labor Statistics.
source:-
http://topics.nytimes.com/top/reference/timestopics/subjects/u/unemployment/index.html
In 1878, Carroll D. Wright set out to do something that nobody in the United States had apparently ever done before. He tried to count the number of unemployed.
As is the case today, the 1870s were a time of economic anxiety, with a financial crisis -- the panic of 1873 -- having spread into the broader economy. But Wright, then the chief of the Massachusetts Bureau of the Statistics of Labor, thought there weren't nearly as many people out of work as commonly believed. He lamented the "industrial hypochondria" then making the rounds, and to combat it, he created the first survey of unemployment.
The survey asked town assessors to estimate the number of local people out of work. Wright, however, added a crucial qualification. He wanted the assessors to count only adult men who "really want employment," according to the historian Alexander Keyssar. By doing this, Wright said he understood that he was excluding a large number of men who would have liked to work if they could have found a job that paid as much as they had been earning before.
Just as Wright hoped, his results were encouraging. Officially, there were only 22,000 unemployed in Massachusetts, less than one-tenth as many as one widely circulated (and patently wrong) guess had suggested. Wright announced that his "intelligent canvas" had proven the "croakers" wrong. From Massachusetts, he went to Washington, where he served as the inaugural director of the federal government's Bureau of Labor Statistics and later as the head of the United States Census. His method for counting -- and not counting -- the unemployed became the basis for Census tallies of the jobless and, eventually, for the monthly employment report put out by the Bureau of Labor Statistics.
source:-
http://topics.nytimes.com/top/reference/timestopics/subjects/u/unemployment/index.html
Labels:
surveys
Saturday, February 5, 2011
Job outsourcing: USA
Is it a Problem or solution?
Let we take a look on it.
Firstly look into the situation, think about, why are American companies outsourcing jobs to foreign countries? They are making toys in China for $1 and selling them back in the USA for $30, why?.US economy is suffering or growing manifold (like Japan in mid eighties).I am in Opinion that this is great problem as citizens living in this country are facing
and will face for years until the government realizes the damage it will cause to our economy. Many politicians want us all to believe that the economy of this country is strong, but I have to disagree with that by saying that allowing companies to lay off American workers and replacing them with foreign workers is not healthy for our economy. How can it be beneficiary to our economy to send someone in China, India, Mexico or wherever a $15,000 salary? Someone please explain this to me!
Every day that goes by has a new story on this subject that convinces me more that outsourcing "our" jobs to other countries is degrading the way we live and the way we see each other.
For a long time all US citizen believe that USA is strong economy in the "American Dream". Today, the young men and women of this country go to college to study and some day become important people who will enjoy the "American Dream". Unfortunately these dreams are now being shattered by outsourcing important roles and positions to other countries around the world. Our dreams are being stolen from our thoughts and deep desires and is being given to others who do not know what the "American Dream" mean.Every day that goes by has a new story on this subject that convinces me more that outsourcing "our" jobs to other countries is degrading the way we live and the way Americans look forward.
This is not a racial issue nor it is an issue of performance. I am sure that for 15,000 US dollars people from other countries can do wonders! This is a matter of keeping our dreams alive here in the United States of America.Most Americans believe that outsourcing of jobs be minimized,Otherwise it will be danger for US economy. New emerging world economies (as china,Indonesia and India) are great threat to US exports ultimately economic recession will increase manifold.International War zones in which USA is indulged is also alarming to economy.It will increase problems.Let Us govt. reconsider its strategy and modify the way jobs are sourcing out.
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surveys
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