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City jobs bump bucks trend as salaries entice workers

first_imgFriday 21 September 2018 12:27 am City jobs bump bucks trend as salaries entice workers The number of jobs available in the Square Mile rose by 10 per cent during the month, according to recruitment firm Morgan McKinley – although still 33 per cent lower than the same point last year.Hiring has been dampened by continuing uncertainty over the future of the City’s cross-border financial services as Brexit approaches on 29 March 2019.If negotiators between the UK and the EU do not reach an agreement on a transitional arrangement after that date large parts of the City will be unable to service clients in the EU.Read more: Learn these skills to get a higher salaryHakan Enver, managing director at Morgan McKinley Financial Services, said: “With Brexit six months away and no consensus in sight, it’s astonishing to see so many new jobs open up”. Share City hiring picked up in August, bucking the downward trend of the past year amid uncertainty over the status of financial services post-Brexit, data to be published today will show. The increase was particularly notable given that hiring in the City tends to fall during the summer holidays. Aside from the surge in new jobs available at the start of the year, August saw the fastest month-on-month growth in the number of jobs since March 2017.Meanwhile, the number of job seekers edged up by two per cent month-on-month, after a 21 per cent increase in July.Increases in salaries are likely the “greatest contributor” to the increase in people eager to move jobs, said Enver.Read more: How much does your colleague earn? Jasper Jolly Tags: Brexit whatsapp whatsapplast_img read more

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Eurozone inflation and jobs improve but recovery remains fragile, experts warn

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLivestlyThe Best Redhead Actresses, RankedLivestlyDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinition Thursday 30 April 2015 8:55 pm whatsapp Tags: Eurozone Eurozone inflation Eurozone inflation and jobs improve but recovery remains fragile, experts warn Sharecenter_img Show Comments ▼ Express KCS Inflation and unemployment in the Eurozone are gradually improving, but economists warn the currency bloc’s recovery is fragile. Prices failed to fall – or rise – registering zero change in April compared with the same month last year, figures released yesterday by Eurostat reveal. Inflation is now closer to the European Central Bank’s (ECB) target of just under two per cent.  “Highly welcome news for the ECB as the Eurozone exited deflation in April as consumer prices were flat year-on-year,” said economist Howard Archer from analysts IHS. Meanwhile, the Eurozone jobless rate was 11.3 per cent in March, according to figures published yesterday by Eurostat. It is unchanged compared with February and January, but is slightly below March 2014’s 11.7 per cent. “Today’s unemployment data are somewhat disappointing – it’s bad enough that the headline rate for the euro area was stable, but rising unemployment in Italy suggests that even the fragile recovery in some economies must not be taken for granted,” said Tom Rogers, senior economic adviser to the EY Eurozone forecast. [custom id=”21″] Read This NextBest Wine Gifts & Wine Accessories at Every PriceGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap whatsapplast_img read more

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News / Industry claims Heathrow is failing freight, while mayor lobbies for closure

first_img Despite the recent backing of the UK Freight Transport Association for a new runway at London Heathrow, the world’s 16th busiest cargo airport has yet to form a freight strategy.The UK airports issue, which will be debated at the Multimodal show in Birmingham on April 30 by a cross-supply chain panel, is growing increasingly heated – but still there is a deafening silence from both Heathrow and Gatwick on freight.A spokesman for London Heathrow, which built its cargo terminal in 1968, told The Loadstar, after repeated requests for information: “We’re pulling together a strategy on cargo as part of our work on the detailed plan to be submitted to the Airports Commission in May. At this stage we’re not in a position to do anything on it at the moment, unfortunately.”London Heathrow saw volumes of 1.55m tonnes in 2012, placing it below Paris Charles de Galle (2.1m tonnes) and Frankfurt (2m) in Europe, with Amsterdam Airport Schiphol snapping at its heels with 1.53m tonnes in 2013. Schiphol has a cargo team of seven people, as does Frankfurt, while Brussels Airport, which saw volumes of 430,000 tonnes in 2013, has a team of six. The Heathrow spokesman wouldn’t be drawn on whether the airport has a cargo team, but it is thought that it is handled by one manager, who also oversees some passenger operations. It is thought to be 20 years since there was a dedicated manager for freight at LHR.Tristan Koch, EMEA manager for American Airlines Cargo said: “LHR has been pretty poor at freight. It doesn’t seem to be seen as part of the airport’s success, and we see no signs of positive input. Freight is not encouraged.”Another source said: “Today freight is an afterthought bunged together with whatever they see fit and mostly they don’t think about it.  Type the word cargo into the search engine on Heathrow Airport’s website and you get two things 1) travelling with pets and 2) a list of banned and restricted carriers from 2006.  It’s like cargo doesn’t exist at Heathrow.”But despite the airport’s lack of interest in its cargo community, the FTA’s Sky High report shows that better connectivity and capacity at Heathrow would be the best result for the air freight business in Britain.Ian Veitch, president of the FTA, wrote: “It is imperative that we recognise the inherent advantages Heathrow has as a world-class, global air freight hub and the unique benefits this brings, not just to the south-east of England but to Britain as a whole, through enhanced connectivity to our key overseas markets.“This study shows what is at stake for some of the UK’s leading importers and exporters if we fail to invest in vital transport infrastructure, which is essential for economic growth. Such a failure would impair Britain’s international competitiveness and inhibit the future success of our economy.”One pharmaceutical shipper contacted by the FTA said: “We need Heathrow and we need it to be a primary hub. It is essential that it receives investment for a new runway because we will start to lose airlines and services to other countries where the hub airports are getting investment and slots are not under so much pressure.“If we fail to invest, Heathrow will stop being a key hub for global aviation.“Like many companies, we are seeing new markets in the developing world and we need to be able to reach them. We can ship through other hubs but it adds risk, complexity and, above all, time, and we do not have that time to spare.”Automotive company Ford, meanwhile, noted that if Heathrow failed to provide the best value and service, it would re-route its freight via other hubs such as Cologne and Frankfurt.But Heathrow, despite this, remains singularly silent on its strategy and any plans to update its freight infrastructure.“The infrastructure is muddled,” said one airline source. “The horseshoe desperately needs modernising, Nothing is joined together. It is not freight friendly from that perspective.”Meanwhile, this morning, London Mayor Boris Johnson outlined his plan for the future of Heathrow: to turn it into “Heathrow City” and build an airport in east London instead.Heathrow City would, apparently, manage to provide both homes and jobs. A release stated: “There would likely be a focus on education and commercial research such as high-value manufacturing, spinning off into knowledge parks and office development.”It failed to note that the high-value manufacturing sector would, if Heathrow were to close, need to shift to east London to be able to use air freight.Heathrow issued a statement in reposnse to Mr Johnson’s latest salvo: “The Mayor of London is proposing to spend billions of pounds of public money to forcibly buy and then close Heathrow, immediately putting 114,000 people out of work.“He would do this to build an expensive new hub airport at a further cost of £112bn to the taxpayer. The economic impacts of this at both a national and regional level would be devastating.”Gatwick too has no freight strategy, despite its proprosal to build an extra runway. It sees about 90,000 tonnes of freight each year.For more information on the free-to-attend Multimodal air freight seminars, please click here. By Alex Lennane 31/03/2014center_img LHR Airports Ltdlast_img read more

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Pharmalot, Pharmalittle: Glaxo wins a reprieve as FDA rejects generic Advair

first_img What is it? Pharmalot, Pharmalittle: Glaxo wins a reprieve as FDA rejects generic Advair Hello, everyone, and how are you today? We are just fine, thank you, especially now that the Pharmalot campus has simmered down following the departure of the short person for the local schoolhouse. And yes, the official mascots are quietly snoozing in their respective corners. This means we have a free hand to scrounge for interesting items and the like. Of course, we happily accept tips and secrets, too. Meanwhile, here are some tidbits. Hope your day goes well and do keep in touch …The new GlaxoSmithKline chief executive officer Emma Walmsley, who starts April 1, won a short-term reprieve from the threat of generic Advair after the Food and Drug Administration declined to approve a copycat version from Mylan Pharmaceuticals, Reuters informs us. It remains unclear how long Mylan will have to wait to get its version of the asthma and chronic lung disease medicine on the market. GET STARTED STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Pharmalot What’s included? Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. [email protected] center_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. @Pharmalot About the Author Reprints Ed Silverman By Ed Silverman March 30, 2017 Reprints Log In | Learn More Alex Hogan/STAT Tags pharmaceuticalsSTAT+White Houselast_img read more

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Influential Covid-19 model uses flawed methods and shouldn’t guide U.S. policies, critics say

first_img Tags Coronavirusinfectious diseasepublic health Privacy Policy When can we let up? Health experts craft strategies to safely relax coronavirus lockdowns Related: Sharon Begley That could produce misplaced confidence in the effectiveness of the social distancing policies, which in turn could produce complacency about what might be needed to keep the epidemic from blowing up again.Believing, for instance, that measures well short of what China imposed in and around Wuhan prevented a four-fold higher death toll could be disastrous. @sxbegle Please enter a valid email address. By Sharon Begley April 17, 2020 Reprints Leave this field empty if you’re human: The most notable bounces in the IHME projections have been for the eventual total of U.S. deaths by early August, which is when many epidemiologists believe the outbreak will be tailing off. (Many expect daily deaths in the U.S. to fall to 10 or fewer by early June, from 2,000 or so in April.) Death projections for individual states have also fluctuated significantly.The IHME website explains that, “As data continue to come in, our estimates may change. Specifically, new death data … have changed our projections.”Its model differs from those used by almost all other epidemiologists. HealthInfluential Covid-19 model uses flawed methods and shouldn’t guide U.S. policies, critics say Covid-19 Preparedness: How ready is your county? center_img There are two tried-and-true ways to model an epidemic. The most established, dating back a century, calculates how many people are susceptible to a virus (in the case of the new coronavirus, everyone), how many become exposed, how many of those become infected, and how many recover and therefore have immunity (at least for a while). Such “SEIR” models then use what researchers know about a virus’s behavior, such as how easily it spreads and how long it takes for symptoms of infection to appear, to calculate how long it takes for people to move from susceptible to infected to recovered (or dead).“The fundamental concept of infectious disease epidemiology is that infections spread when there are two things: infected people and susceptible people,” Lipsitch said.Newer, “agent-based models” are like the video game SimCity, but with a rampaging pathogen: using computing power unimagined even a decade ago, they simulate the interactions of millions of individuals as they work, play, travel, and otherwise go about their lives. Both of these approaches have often nailed projections of, for instance, U.S. cases of seasonal flu.Support STAT: If you value our coronavirus coverage, please consider making a one-time contribution to support our journalism. IHME uses neither a SEIR nor an agent-based approach. It doesn’t even try to model the transmission of disease, or the incubation period, or other features of Covid-19, as SEIR and agent-based models at Imperial College London and others do. It doesn’t try to account for how many infected people interact with how many others, how many additional cases each earlier case causes, or other facts of disease transmission that have been the foundation of epidemiology models for decades.Instead, IHME starts with data from cities where Covid-19 struck before it hit the U.S., first Wuhan and now 19 cities in Italy and Spain. It then produces a graph showing the number of deaths rising and falling as the epidemic exploded and then dissipated in those cities, resulting in a bell curve. Then (to oversimplify somewhat) it finds where U.S. data fits on that curve. The death curves in cities outside the U.S. are assumed to describe the U.S., too, with no attempt to judge whether countermeasures —lockdowns and other social-distancing strategies — in the U.S. are and will be as effective as elsewhere, especially Wuhan.“We are becoming more confident that the shape of the curve [is accurately] informed by locations outside the U.S.,” said Theo Vos, professor of health metrics science at IHME.According to a critique by researchers at the London School of Hygiene & Tropical Medicine and Imperial College London, published this week in Annals of Internal Medicine, the IHME projections are based “on a statistical model with no epidemiologic basis.”“Statistical model” refers to putting U.S. data onto the graph of other countries’ Covid-19 deaths over time under the assumption that the U.S. epidemic will mimic that in those countries. But countries’ countermeasures differ significantly. As the epidemic curve in the U.S. changes due to countermeasures that were weaker or later than, say, China’s, the IHME modelers adjust the curve to match the new reality. The IHME projections were used by the Trump administration in developing national guidelines to mitigate the outbreak. Now, they are reportedly influencing White House thinking on how and when to “re-open” the country, as President Trump announced a blueprint for on Thursday.The chief reason the IHME projections worry some experts, Etzioni said, is that “the fact that they overshot will be used to suggest that the government response prevented an even greater catastrophe, when in fact the predictions were shaky in the first place.” IHME initially projected 38,000 to 162,000 U.S. deaths. The White House combined those estimates with others to warn of 100,000 to 240,000 potential deaths.advertisement A widely followed model for projecting Covid-19 deaths in the U.S. is producing results that have been bouncing up and down like an unpredictable fever, and now epidemiologists are criticizing it as flawed and misleading for both the public and policy makers. In particular, they warn against relying on it as the basis for government decision-making, including on “re-opening America.”“It’s not a model that most of us in the infectious disease epidemiology field think is well suited” to projecting Covid-19 deaths, epidemiologist Marc Lipsitch of the Harvard T.H. Chan School of Public Health told reporters this week, referring to projections by the Institute for Health Metrics and Evaluation at the University of Washington.Others experts, including some colleagues of the model-makers, are even harsher. “That the IHME model keeps changing is evidence of its lack of reliability as a predictive tool,” said epidemiologist Ruth Etzioni of the Fred Hutchinson Cancer Center, who has served on a search committee for IHME. “That it is being used for policy decisions and its results interpreted wrongly is a travesty unfolding before our eyes.”advertisement Each run of the model, updated with new U.S. data, produces estimates of future and total deaths, ICU use, and other outcomes, with uncertainty bounds. That is, IHME says the actual number of deaths and other outcomes has a 95% likelihood of falling between a stated upper limit and lower limit. In late March, for example, IHME projected that there will be a total of 81,114 Covid-19 deaths in the U.S. over the next four months, but that number came with a caveat: The actual number could be as few as 38,242 and as many as 162,106.“This appearance of certainty is seductive when the world is desperate to know what lies ahead,” Britta Jewell of Imperial College and her colleagues wrote in their Annals paper. But the IHME model “rests on the likely incorrect assumption that effects of social distancing policies are the same everywhere.” Because U.S. policies are looser than those elsewhere, largely due to inconsistency between states, U.S. deaths could remain at higher levels longer than they did in China, in particular.While other epidemiologists disagree on whether IHME’s deaths projections are too high or too low, there is consensus that their volatility has confused policy makers and the public:— Last week IHME projected that Covid-19 deaths in the U.S. would total about 60,000 by August 4; this week that was revised to 68,000, with 95% certainty that the actual toll would be between 30,188 and 175,965.— On March 27, it projected that New York would see 10,243 deaths (and that the total had a 95% chance of falling between 5,167 to 26,444) by early August. Three days later, the New York projection was 15,546, and on April 3 it was 16,262, Jewell and her colleagues pointed out in another analysis, published in JAMA on Thursday.— On April 8, IHME projected 5,625 deaths for Massachusetts by August; on April 13, it was 8,219.Such changes, Vos said, “are well within the uncertainty bounds we predicted.” In addition to reflecting more recent data, the projections are now based on a moving average of daily deaths rather than one-day numbers.Although IHME says its approach has always been to change projections when new data become available, critics say that underlines the model’s flaws, namely its need to constantly re-calibrate rather than, as true epidemiology models do, use basic outbreak parameters such as a disease’s infectiousness to project the course of an epidemic in a way that policy makers can use as a lode star, not a strobe light that flares and dims repeatedly.“Since they started with very little U.S. data, when they add some, their projections move a lot,” said the Hutch’s Etzioni.Even the predictions of daily deaths “have been highly inaccurate,” said statistician Sally Cripps of the University of Sydney, who led a team that examined IHME’s up-and-down projections. “It performs poorly even when it predicts the number of next-day deaths: The true number of next-day deaths has been outside the 95% intervals 70% of the time.” If the 95% calculation correctly reflects a model’s uncertainty, then textbook statistics say the true numbers can fall outside that range no more than 5% of the time.Lipsitch and some other experts worry that by failing to include disease transmission, IHME’s projections of deaths could be too low. But more and more models are projecting a less dire future. Three weeks ago a SEIR model from researchers at the Massachusetts Institute of Technology projected that total U.S. cases will plateau later this week, reaching 600,000 and then adding ever-fewer cases each day. So far it’s pretty much on the money, with the U.S. case count at 650,000 on Thursday and new daily cases remaining mostly flat.A different, data-driven model from researchers at the University of Washington predicts “about 1 million cases in the U.S. by the end of the epidemic, around the first week in June, with new cases peaking in mid-April,” said UW applied mathematician Ka-Kit Tung, who led the work. “By the first week of June, we project that the number of new cases will be close to zero if current social distancing policies are maintained.” That model predicted two weeks ago that the number of new daily cases would peak around now, as seems to be the case.Helen Branswell contributed reporting.This story has been updated to include the earliest IHME projections. Related: Newsletters Sign up for Daily Recap A roundup of STAT’s top stories of the day. Senior Writer, Science and Discovery (1956-2021) Sharon covered science and discovery. [email protected] About the Author Reprints Adobelast_img read more

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LSE buys Citi’s fixed-income indices

first_img New York-based financial services giant Citigroup Inc. (Citi) is selling its fixed-income indexing and analytics businesses to the London Stock Exchange Group PLC (LSE) for US$685 million. Citi’s decision to sell the Yield Book and Citi Fixed Income Indices, including the World Government Bond Index, to the LSE follows a strategic review process. The deal is subject to regulatory approval and other closing conditions; the expected to close is in the second half of 2017. When the world caught Covid, diversified investors stayed healthy Canaccord joins S&P/TSX Composite index James Langton Related news Skeptics say ‘buyer beware’ as high-flying Tesla joins S&P 500center_img Share this article and your comments with peers on social media Keywords Indexes “These businesses will become part of a global financial market infrastructure group with a demonstrated track record of delivering high-quality index and analytics services to its clients,” says Okan Pekin, Citi’s global head of investor services, in a statement. “We look forward to a long-term, productive partnership between London Stock Exchange Group and Citi. This divestiture is consistent with Citi’s strategy of focusing on its core businesses.” For the LSE, the deal will build on the U.S. market presence and global fixed-income client base of its FTSE Russell division. The firm expects to generate annual revenue synergies of US$30 million and cost synergies of US$18 million through new product opportunities and operational efficiencies. “The acquisition represents a significant step for FTSE Russell to acquire a world-class fixed-income analytics and index business, enhancing our ability to provide customers with broader multi-asset capabilities and a deeper data and analytics offering,” says Mark Makepeace, group director of information services and CEO of FTSE Russell, in a statement. Facebook LinkedIn Twitterlast_img read more

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Local transport update TfL funding

first_imgLocal transport update TfL funding The government and the Mayor of London have agreed to extend the current Transport forLondon (TfL) funding deal. The deal was due to expire on 18 May 2021 but this extension willcontinue to support the capital and the transport network until 28 May 2021 on the same terms as now. The extension will provide certainty while we finalise the terms of the next funding dealwhich will get TfL onto a more financially sustainable footing.The extension comprises an additional funding payment of £65 million with a top up grant available based on actual passenger revenues.The government has repeatedly shown that it is committed to supporting the running of essential services across the capital with over £3 billion emergency funding provided since the start of the pandemic. Support for London needs to be balanced with the national recovery and ensure fairness and value for money for the taxpayer. The government will continue to work with TfL and the Mayor so TfL can be financially sustainable as soon as possible. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:deal, Emergency, Government, London, money, pandemic, running, sustainable, taxpayer, Transport, UK, UK Governmentlast_img read more

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Supervisor how-to series focuses on increasing effectiveness as a virtual leader

first_imgPublished: June 29, 2020 The role of the supervisor has shifted in the past three months. Supervisors are now tasked with leading teams virtually, supporting the psychological needs of employees during a pandemic, and continuing to support the teaching, learning and research mission of CU Boulder. The Supervisors How-To Series will provide leaders with relevant strategies to apply right now to increase their effectiveness. Four 60 minutes sessions will be offered over four consecutive weeks. While supervisors can register for any of these sessions, it is recommended that you complete all four. Participants will learn how to: Align employee, performance, and department goals in uncertain and constantly changing times Drive strategy through and with teams by leveraging technology and engagement  Build trust and resiliency virtually for you and your employee(s) Rethink feedback and accountability for today’s reality  SessionsJuly 14, noon-1pm, Aligning Goals Register for Aligning GoalsJuly 21, noon-1pm, Driving Strategy Register for Driving StrategyJuly 28, noon-1pm, Building Trust Register for Building TrustAugust 4 noon-1pm, Rethinking Feedback Register for Rethinking FeedbackCourse Instructor: Lauren Harris, MS is the Training & Development Manager for Organization and Employee Development in the Department of Human Resources at CU Boulder. For questions, contact [email protected] Tags:DevelopmentHR NewsVirtual Learninglast_img read more

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Labour Market Information System Upgraded

first_imgRelatedLabour Ministry Partners with Digicel to Boost Early Stimulation Programme Story HighlightsLMIS has been upgraded to make it more user-friendly to both employers and job seekers.The LMIS, which is a one-stop data and information website, is designed to satisfy the needs of job seekers and employers.The upgrade is aimed at providing more information on employment opportunities to jobseekers, and enabling employers to choose from a variety of qualified personnel. FacebookTwitterWhatsAppEmail Labour Market Information System Upgraded LabourNovember 14, 2013Written by: Jeneva Gordon Related400,000 Jamaicans Have Benefitted From PATHcenter_img The Ministry of Labour and Social Security (MLSS) has upgraded its Labour Market Information System (LMIS), making it more user-friendly to both employers and job seekers.The LMIS, which is a one-stop data and information source, is designed to satisfy the needs of job seekers and employers, through its newly improved website, www.lmis.gov.jm, or the Ministry’s website, www.mlss.gov.jm.Since its inception in 2001, the system, which is maintained by the MLSS, has been providing cost effective ways for employers to source and recruit suitable employees, as well  as for job seekers to post resumes for possible employment.Acting Director of Research and Analysis at the Ministry, Simone McKenzie, informed JIS News that the upgrading of the manpower management tool, as it is also called, is aimed at providing more information on employment opportunities to jobseekers, and enabling employers to choose from a variety of qualified personnel.“The upgraded system provides sufficient information on various types of employment, and guidance to prospective employers regarding best practice techniques, when seeking jobs. It also provides information on areas where there is a skills shortage. With the upgrading of the system, we want to ensure that persons experiencing difficulties acquiring jobs are directed to other partners, so that they can improve their literacy and numeracy skills, for likely employment,” she said.Ms. McKenzie informed JIS News that the system has three components – the Electronic Labour Exchange (ELE), Skills Bank, and the Labour Market Intelligence.The ELE, which is the core component of the LMIS, facilitates the matching of job seekers with employers, and provides both online and offline services to both parties.The online services include: tips on resume writing, preparing for interview, job search and career counselling. The offline services include: assisting employers to post jobs, interview and shortlist candidates. The second component is the Skills Bank, which is a database of certified Jamaicans, with varying skills.“Qualified persons with the required competencies are encouraged to register on-line, so in the event a job vacancy that matches their skill arises, they can be contacted,” she says.The Labour Market Intelligence is the third component. This is a combination of current and historical data on the local economy, population and labour market and also includes information on training opportunities for the youth, sources of funding for education, the most frequently advertised jobs, and summaries of labour market research conducted by MLSS.Ms. McKenzie says that there are a lot of skill areas in demand, as well as persons seeking jobs, hence the need for the upgrading of the LMIS.“From our latest studies, some of the jobs that are in demand are mainly in the health tourism sector, restaurant, and education; for example, chefs, water divers, solar technicians, science, mathematics, and foreign language educators,” Ms. McKenzie discloses.She points out that with this information, for the next financial year, 2014/15, the Ministry hopes to see an increase in the level of employment, since job seekers are more aware of the skills that are in demand and the opportunities available for training. She is also encouraging both job seekers and employers to utilize the LMIS, as the services are free of cost.Ms. McKenzie advises that for job seekers who are not technologically inclined, or do not have internet access, they can visit the Ministry at its North Street offices in Kingston, and assistance will also be provided, free of charge.“One reason why we are not charging persons to use the system is because the information that we provide, we want it to be extended locally, regionally and internationally, because it is web based,” she notes.Ms. McKenzie further informs that persons with special needs have also been taken into consideration, because often times they are not hired because of their disability, despite being skilled in various areas.“We at the Ministry believe in effective social inclusion. Whether a person is disabled, or able-bodied, they must be given equal opportunities to reach their fullest potential,” she says.In addition to the websites, persons can also visit the LMIS Facebook page at www.facebook.com/page/Jamaica Labour Market Information System, for more information. RelatedGov’t Resolute on Reducing Child Labour Advertisementslast_img read more

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Samsung forecasts sharp drop in Q4 profit

first_img Joseph Waring Related Español Previous ArticleSKT, Sinclair Broadcast plan TV venture in USNext ArticleIntel targets 5G infrastructure with new SoC Q4 earningsSamsungsmartphones Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more Home Samsung forecasts sharp drop in Q4 profit Authorcenter_img KT makes LG Electronics trade-in move AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 08 JAN 2019 Las operadoras europeas promueven los móviles sostenibles Samsung expects its operating profit for Q4 2018 to plummet 28.7 per cent year-on-year to about KRW10.8 trillion ($9.6 billion), with slowing sales of memory chips and smartphones forecast to reduce revenue by more than 10 per cent.The smartphone giant released preliminary Q4 results today (8 January). It doesn’t break out revenue or operating profit for each business division in the quarterly guidance. It is expected to release detailed earnings later this month.It estimated sales for the period at about KRW59 trillion, down 10.6 per cent from Q4 2017.The declines were caused by slowing smartphone sales in China, which resulted in poor sales of Samsung’s memory chips, Reuters reported.Apple also recently cut its guidance following weaker-than-expected iPhone sales, with China having a significant impact.The vendor’s mobile business showed weakness in Q3, with revenue falling 12 per cent year-on-year to KRW24 trillion. The company said the drop was mostly due to “intensified competition”.On a group level, its Q3 net profit stood at KRW13 trillion, up 20 per cent year-on-year. Subscribe to our daily newsletter Back Tags La 5G impulsa las ventas de smartphoneslast_img read more

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