Friday, October 18, 2013

Heed call of marginalized, end discrimination, UN urges on Poverty Eradication Day

Goal 1 of MDGs: eradicate extreme poverty and hunger. Photo: World Bank/Jamie Martin
17 October 2013 – Urging greater support for people struggling to escape poverty and build better lives, Secretary-General Ban Ki-moon and the United Nations marked the International Day for the Eradication of Poverty by calling on the world to “do more to listen to the voices that often go unheard.”
“If we are to realize the future we want for all, we must hear and heed the calls of the marginalized,” Mr. Ban said in his message for the Day, which has been observed at UN Headquarters since 1993 and around the world since 1987. This year’s theme is “Working together towards a world without discrimination: Building on the experience and knowledge of people in extreme poverty.”
We need to do more to listen and act for those whose voices often go unheard – people living in poverty, and in particular among them indigenous people, the older persons and those living with disabilities, the unemployed, migrants and minorities.
Mr. Ban noted that the Day comes as the international community is pursuing twin objectives: intensifying efforts to reach the Millennium Development Goals (MDGs), and formulating the next set of goals to guide our efforts after the MDG 2015 deadline.
“This post-2015 agenda must have poverty eradication as its highest priority and sustainable development at its core. After all, the only way to make poverty eradication irreversible is by putting the world on a sustainable development path.”
In that regard, the UN chief stressed that the international community had much work to do: while poverty levels have declined significantly, progress has been uneven. “Our impressive achievement in cutting poverty by half should not blind us to the fact that more than 1.2 billion people still live in extreme poverty worldwide,” he said.
Stressing that too many, especially women and girls, continue to be denied access to adequate health care and sanitation, quality education and decent housing, he also said that rising inequality in many countries – both rich and poor – is fuelling exclusion from economic, social and political spheres, and the impacts of climate change and loss of biodiversity hit the poorest the hardest.
“We need to do more to listen and act for those whose voices often go unheard – people living in poverty, and in particular among them indigenous people, the older persons and those living with disabilities, the unemployed, migrants and minorities,” he said, adding: “We need to support them in their struggle to escape poverty and build better lives for themselves and their families.”
Over the past year, the UN has been spearheading an unprecedented global conversation on the world people want, with more than a million people from over 190 countries taking part in global consultations on their priorities for the new development agenda.
“By listening and responding to these voices, UN Member States can chart new territory – generating the kind of public ownership which could turn the world’s aspirations, including to eradicate extreme poverty, into action through an agenda which is monitored and championed by the people to whom it matters most,” said Helen Clark, Administrator of the UN Development Programme (UNDP), in her message for the Day.
She noted that UNDP is supporting countries confront discrimination by helping them realize their human rights commitments, formulate policies which approach poverty as both a cause and a consequence of discrimination, and by empowering and engaging poor people through its programmes.
To tackle poverty and inequality, countries must ensure their citizens have access to adequate employment and social protection, stressed the Director-General of the International Labour Organization (ILO), Guy Ryder.
“Jobs are the fundamental link between people, their communities, their society and the economy, and the quality of work is instrumental in the trajectory of that relationship. In this framework, the expansion of opportunities to work in conditions of freedom, security, equity and dignity is a critical goal and all the more urgent for people living in extreme poverty,” he said.
Executive Director of the UN Environment Programme (UNEP), Achim Steiner, highlighted the link between poverty reduction and environment protection, as it is the poorest around the world that most depend on natural resources for their livelihoods.
He pointed to the UNDP-UNEP Poverty-Environment Initiative (PEI) as an example of how development programmes can deliver outcomes that both help the poor and the environment. Set up in 2005, the programme has been implemented in various countries with positive results, including Malawi, Philippines, Uruguay and Rwanda.
“The experience and results of PEI represent policy, capacity and institutional building blocks for an inclusive green economy, and provide both lessons and inspiration for those countries and stakeholders who strive for a prosperous, socially just, and sustainable future,” Mr. Steiner said.
For her part, the UN Special Rapporteur on extreme poverty, Magdalena SepĂșlveda, called on States to tackle the deep-rooted causes of gender inequality and women’s greater vulnerability to poverty.
Urging Governments to recognize and value unpaid care work, and ensure it is better supported and more equitably shared between women and men, she warned in her message for the Day that the unequal distribution of unpaid care work, fuelled by damaging gender stereotypes, is a major human rights issue.
“It is unacceptable that, in the 21st century, unpaid care work such as cooking, childcare, looking after frail older relatives and fetching water and fuel, which heavily contributes to economic growth and social development, is not better valued, supported or shared,” said Ms. SepĂșlveda.
She stressed that State policies must place care as a social and collective responsibility and ensure that the necessary public services and infrastructure – including childcare, healthcare, water and energy provision – are in place, especially in disadvantaged areas.
“To commemorate the International Day for the Eradication of Poverty, I wish to remind States and others that efforts to end poverty must include valuing, supporting and redistributing unpaid care as an essential part of the strategy,” she said.

Accessed from  http://www.un.org/apps/news

Corruption findings hit Labor where it hurts

Updated Fri 2 Aug 2013, 8:53am AEST
Kevin Rudd hasn't personally been damaged by the ICAC corruption findings, but they almost guarantee that his election campaign will lose crucial seats in New South Wales, writes Barrie Cassidy.
Tucked away on page six of Thursday's Herald Sun in Melbourne were six paragraphs, a single column, reporting that Kevin Rudd was "sickened" by corruption within his own party.
While the findings from the largest corruption hearing in NSW's history got blanket coverage in Sydney and in the national mastheads, it didn't feature on or near the front pages in any of the state-based papers.
But that's as good as the news got for the Rudd Government.
The fact that the story didn't travel well beyond the NSW borders was small comfort given the impact it will have, reviving memories of a tarnished Labor brand in a state rich with marginal seats.
The report is a stinker in a crucial part of the country, and the only hope for Labor is that an imminent election campaign encourages voters to focus on other issues.
It came as a gift to Tony Abbott who cleverly revived memories of the successful "guilty party" slogan that hurt premier Joan Kirner in Victoria more than 20 years ago. The themed advertisements will no doubt follow.
The commission's brief was narrow, but the findings dragged in a considerable network of "mates" in politics and business. And it served to shine a light on an ugly Labor culture that goes way beyond even those named in the report.
Whatever the polls suggest about a status quo result in NSW, the ICAC findings almost guarantee that the Government will lose crucial seats.
Two matters, however, temper the backlash. Firstly, the state Labor government was trounced at the last election, and even though that was more about incompetence than corruption, the electorate would have got a little of the built-up anger out of its system.
Secondly, all of the allegations were reported as they unfolded during the inquiry. There was nothing new.
The Opposition will struggle to implicate Kevin Rudd in the scandal. He got on the front foot announcing the intervention into the affairs of the NSW branch. And neither can it be said that he is Prime Minister only because of the support of the tainted elements of the NSW party. In the end, they came to him to lead, not the other way around.
The charge made against Rudd would have hurt Julia Gillard but the "non-aligned" Rudd is on firmer ground.
The challenge now for the Opposition is to narrowcast the corruption issue, target it specifically to NSW without wasting money and resources elsewhere.
The challenge for the Government is to change the conversation, and a focus on cost-of-living issues and job security would be a good start.
Shadow treasurer Joe Hockey has hammered the rise in cigarette taxes as a direct hit on the incomes of the battlers. To the extent that low-income earners use proportionately far more of their income on cigarettes than wealthier smokers, then he is right.
But it's also true that making cigarettes more expensive will cause some smokers to quit. It sounds like shameless spin, and it's not what motivated the Government to act, but it's true nevertheless.
And now this weekend, for the first time, the media will be on red alert for the Prime Minister's drive to Government House.
The sticking point has always been Rudd's desire to attend the G20 summit in Russia on September 5 and 6.
The hardheads in the party though know his travels are rarely a plus no matter how he views them. They can see his attendance at the G20 being labelled as the ultimate "ego trip." Far better to make a virtue of his non-attendance by declaring he is keeping his feet firmly on Australian soil, dealing with issues at home.
Whether Rudd sees it that way will be clear for all to see on Sunday morning.
Insiders will be ready for the live crosses.
Barrie Cassidy is the presenter of ABC programs Insiders and Offsiders. View his full profile here.
Commenters on Drum articles might have noticed that over the past several weeks we have had numerous "service unavailable" errors. We are working with our technology department to resolve this and apologise for the inconvenience.

Accessed from http://www.abc.net.au/news

Thursday, October 17, 2013

Employment Advocacy

The Issue

One of the main reasons given for sickness absence at work is headaches or migraine at a cost of over £2.25 billion to the economy.

Many migraine sufferers who attend work despite experiencing an attack do so because of fear of facing disciplinary action or losing their job, fear of being seen as unreliable or being stigmatised.  Sometimes migraine sufferers find themselves in a position where their employment is making them more unwell or they are unable to continue their current employment due to their migraine condition.

Employment Advocacy ToolkitEmployment Advocacy Toolkit

The Migraine Trust has an Employment Advocacy Toolkit which provides information about migraine in the workplace and tools and guidance to help migraine sufferers if difficulties arise at work.

The Employment Advocacy Toolkit is viewable using a computer, iPhone/iPad or Android device, with options at the bottom of your screen to print pages or open the document as a PDF.  The Employment Advocacy Toolkit is also available in hard copy - request your copy (please note we are only able to send toolkits within the UK).


How can the Advocacy Service help?

The Migraine Trust seeks to empower migraine sufferers to effectively manage their migraines and retain their employment where possible. We promote equality of opportunity and the prevention of discrimination in employment.

The Advocacy Service can provide you with information and ‘advocacy tools’ (template letters, forms, statements etc.) to enable you to understand your options and to advocate for yourself or another migraine sufferer. If you require independent advocacy support regarding your employment issues in relation to your migraines the Advocacy Service may be able to help. To make a referral please fill out our online referral form and we will contact you to discuss your suitability. 

Please note, due to limited capacity we are unable to provide representation for every case. Representation by the service will typically involve letter/email writing and phone calls on your behalf however each case will be considered on an individual basis. This is NOT an advice service and the Advocacy Service is not able to make decisions on behalf of migraine sufferers. If our service is unsuitable for you we will endeavour to signpost you to an organisation which can support you. Please see our Terms and Conditions for more information. Disclaimer.
 http://www.migrainetrust.org/employment-advocacy


Teachers walk out in pensions and pay row


SHUT DOWN Many schools are closed today
SHUT DOWN Many schools are closed today

SCHOOLS across the area are shut today as teachers strike in a row over pay, pensions and workload.
Members of the National Union of Teachers (NUT) and teacher’s union NASUWT are walking out in a protest to the government.
Many are angry with education secretary Michael Gove’s decisions, including bringing in performance-related pay.
The strike is being held in the north east, Cumbria, London, south east and south west with thousands of pupils missing out on school for the day.
· How the strike will affect schools
· Government minister: strike is ‘bad for pupils and bad for parents’
Amanda Martin, divisional secretary for the Portsmouth branch of the NUT, said: ‘Strike action is never a step that teachers take lightly and we are very aware and concerned about the inconvenience it causes parents.
‘Unfortunately we are faced with a coalition government that is refusing to listen to the reasonable demands of the profession.
‘Changes to pay, pensions and workload will make teaching a far less attractive profession, which is not in the long-term interests of teachers and children.
‘The education secretary should do as his counterparts in Wales have done and enter into meaningful dialogue with the NUT and NASUWT.
‘No teacher takes strike action lightly, this is a last resort for teachers but the absolute refusal of the government to enter into meaningful talks to resolve the dispute has left teachers with no choice.
‘There needs to be a change in the government’s attitude to teachers and education.’
The unions are still asking the government to enter into talks to resolve the dispute.
A march is due to take place through Commercial Road in Portsmouth at noon today.
Some members are joining up in central London to protest.
Sion Reynolds, secretary of the NASUWT, said: ‘We have decided to take this action because the secretary of state is refusing to meet with us to talk with us about our issues.
‘They include the future of our education system and the policies which he has brought in which we are very concerned about.
‘It will impact upon our children and young people.
‘It’s also about the changes to our pay, pensions and working conditions. The secretary of state isn’t willing to negotiate.
‘We don’t take strike action lightly.
‘It’s something we feel we need to do to protect the world-class education system that we have got.’
The strike action follows on from regional action taken in different parts of the country earlier this year.

Accessed from  http://www.portsmouth.co.uk/news/education

Women of the Year 2013: Meet Britain's true 'It Girls' – from Waris Dirie to those Dagenham women

As far as women's award ceremonies go, there's only one that stands out on the business calendar: The Women of the Year lunch. It's one of the rare times a mix of steely Dames, Olympians, bestselling authors, FTSE 100 directors and politicians both laugh and cry in equal measure. Josephine Fairley gives us the low down from yesterday's invite-only event.

Women of the Year 2013: The Dagenham Women are recognised some 40 years on for their efforts to stamp out the equal pay gap
Image 1 of 2
Women of the Year 2013: The Dagenham Women are recognised some 40 years on for their efforts to stamp out the equal pay gap Photo: Janie Airey, Women of the Year
I do feel that the Women of the Year Lunch committee is missing a trick by not going to Kleenex for sponsorship. Because if you think that Dames, Olympians, bestselling authors, uber-agents, FTSE 100 directors, architects, politicians and magazine editors are too steely to be moved to tears by other women’s tales of bravery, fortitude and general indomitability, you’re dead wrong.
At yesterday’s annual lunch, as ever, it was hankies a-go-go. As Sandi Toksvig, for the last nine years MC (and a woman who manages perfectly to walk the tightrope between hilarity and poignancy as she leads the proceedings) put it: "This is an event where women find ourselves laughing and crying in equal measure." To wit: the lunch segued from Sandi’s self-deprecating jokes about being the event’s mascot ("I am also available as a key-fob, life-size"), through to a filmed first-person recollection of Female Genital Mutilation from a Somali girl, as a preface to the presentation of this year’s WoY Campaigning Award to Waris Dirie.
Supermodel Waris, pictured, (who I spotted 10 minutes before the awards ceremony began, fretting over her slight-askew-Afro wig in the Ladies) herself experienced FGM. Now, she campaigns globally to eradicate a procedure that’s carried out on 8,000 girls every day. Waris survived the procedure, but her sister and two cousins did not: try not being moved by that. But try not weeping with laughter at Sandi Toksvig, either.
Strictly, every one of the 400 guests is a ‘Woman of the Year’, by dint of being invited. You can’t ‘buy’ a ticket: you have to be nominated, with donations at your discretion to the Women of the Year Foundation. Which, as outgoing chairman of WoY Teresa Graham told us, has raised over £2 million, dispensing it to a wide range of female applicants (communities, business, individuals) – including, recently, a 17-year-old young woman who couldn’t afford the £10,000 fees for a highly-sought-after place on the catering course which was the first step in fulfilling a foodie dream.
At times, the noise level must surely have rivalled that of several jumbo jets coming in to land on Park Lane at once. Personally, I found myself sandwiched between pioneering food writer Caroline Conran and Cara Schulze, super-bright (but also super-soignĂ©) managing director of Barclays. (Who – and this is Kleenex’s loss – are the actual main sponsor of the event).
But on other tables, before the two-course lunch was served, we were introduced to air vice-marshal Elaine West (the highest-ever military rank ever held by a woman in the UK’s armed forces). To Dame Monica Mason, former director of the Royal Ballet Company. To Emma Bridgewater (she of the gazillion spotted mugs). And, among others, to professor Janet Todd, president of Lucy Cavendish College, Cambridge, which offers further education opportunities only to mature women. As Sandi quipped, "Which means all of you can apply right now …"
One by one, they stood for their applause, though we also took a moment to remember Margaret Thatcher: "Whether or not you agreed with her politics, she showed women they could be leaders." Teresa Graham, as outgoing chairman and all-round force-of-nature, also got her well-deserved acknowledgement, too. (And as my friend, fellow invitee and TIME Editor-at-Large Catherine Mayer, said to me at one point: "I used to think events like this were self-congratulatory. Now I realise: women need all the recognition and congratulation we can get, because there’s still way too little of it.") Bring. It. On.
Marilyn Baldwin of the Think Jessica campaign (Janie Airey, Woman of the Year 2013)
Not everyone walks away with a trophy, of course. The bronze eagles are reserved for women who’ve gone above and beyond what is unquestionably a roomful of above-and-beyonders. These, then, are the Kleenex moments. Ever-popular Lorraine Kelly took to the stage to introduce her to the winner voted for by her viewers: Marilyn Baldwin, whose charity, Think Jessica, is campaigning to stop the horrendous scamming of vulnerable old people (inspired by her own elderly mother’s experience).

Man in a female-dominated world

The sole man in the room who wasn’t pouring wine for a living, meanwhile – Barclays CEO Antony Jenkins – surely deserved a mini-award of his own for bravery: the first male in the history of the Women of the Year Lunch actually to be invited to sit at a table and join the proceedings. Not as a thank-you for the sponsorship, but as an acknowledgement of his own impressive initiatives to promote women, to listen to women, and to reward women, within Barclays.
"I speak around the world, and this is definitely the most nervous I’ve ever been," Jenkins said, continuing: "I made the mistake of telling one of my lunch companions I am passionate about women. Actually, I’m passionate about one woman, who I’ve been married to for 29 years. What I meant is: I’m really passionate about diversity," he explained, before handing the Barclays Woman of the Year Award to lifelong motorcycle nut Andrea Coleman, co-founder of Riders for Health, the charity which is transforming healthcare across Africa by providing (and most importantly, maintaining) transport for health workers – 1,700 vehicles, to date, two-thirds of them motorbikes.
Andrea Coleman, Riders for Health co-founder (Janie Airey, Woman of the Year 2013)
When Andrea and her husband first visited Somalia in 1988, health workers had to travel on foot. Now, they can whizz between locations and be responsible for up to 20,000 men, women and children. Riders for Health has now delivered healthcare to more than 12 million people, across Africa, in part thanks to Andrea’s inspired, selfless (and leathers-clad) determination.

Equal pay pioneers

Women of the Year 2013: The winners (Photo: Janie Airey, Woman of the Year 2013)
But actually, the longest standing ovation was reserved for that bunch of Dagenham women who could never in a million years imagined when they downed tools at Ford that they’d be recognised more than 40 years later in such a glamorous roomful of high (and high-heeled) achievers. On June 7, 1968, some 187 women car seat cover machinists walked out after refusing to accept a ‘regrading’ of their pay which meant they’d be getting 15 per cent less than men doing similarly skilled jobs.
When, three weeks into the strike, a delegation of eight women travelled to Whitehall to meet Barbara Castle, then Secretary of State in Harold Wilson’s government, and negotiated a deal to end the strike which equated to 92 per cent of the men’s pay rate, it kick-started a process which led to the Equal Pay Act being passed in Parliament two years later.
Yesterday, those Dagenham women – now in their 70s and 80s – stood on stage to accept their award, to thunderous applause from hundreds of us who had been reminded just what we have to thank them for. (And, perhaps, how far, in so many areas, women still have to go.)
The clapping just went on and on. The Kleenex just got damper and damper. And an extraordinary, uplifting, inspiring rollercoaster of a time was had, by all.
Accessed from  http://www.telegraph.co.uk/women/womens-life

UK needs more youth start-ups

The kids aren’t alrite, according to a new Manifesto for Youth Enterprise, published today by the RSA and RBS.

Young entrepreneurs will be able to borrow up to ÂŁ10,000 to get their fledgling ventures off the ground through a government scheme from next week.
One in seven young people in the US are in the early stages of starting a venture, compared to just one in 17 in the UK. 
Parents, teachers and enterprise support organisations need to work closer together to encourage young people in the UK to start up businesses, a report has found.
The Manifesto for Youth Enterprise, which is is based on the findings from the first year of RBS’s Inspiring Enterprise initiative, argues that more could be done to help young people at every stage of their “entrepreneurial journey” – from instilling idea of entrepreneurship at an early age through popular media, to developing entrepreneurial abilities in school and helping them start and scale their own venture.
RBS Inspiring Enterprise and the RSA spoke to over 120 young people to find out more about the barriers facing young entrepreneurs. It also cites recent research from the Global Entrepreneurship Monitor, which showed that the UK lags behind France, Germany and the United States in terms of start-up rates among young people.
One in seven young people in the US are in the early stages of starting a venture, compared to just one in 17 in the UK.
The Manifesto aims to help 100,000 more young people discover entrepreneurship by 2015, say the report's writers. To that end, it sets out a list of 15 key “principles” designed to help more young people realise their entrepreneurial potential.
These include: “shining a light on the everyday entrepreneurs that young people can more easily relate to and be inspired by”. This will replace the current trend of focussing purely on ‘celebreneurs’, as the report argues that this “puts entrepreneurship on a pedestal”.
The UK schools system also needs to expose more young people to enterprise-related learning by embedding it throughout school curricula and FE/HE courses, it argued.
Another important concern regards the so-called “unsexy sectors”. Ensuring support for young entrepreneurs gets beyond London and the "vogue industries" like the creative and technology sectors, is key to boosting young enterprise.
The Manifesto calls for UK government, school and organisations to help young people to sustain and grow their businesses throughout their entrepreneurial journey – not just in the early stages of establishing their venture.
In practical terms, it adds, encouraging large corporations to build youth enterprises into their supply chains or helping them win contracts with local authorities would give the sector a boost.
Lord Young, the Prime Minister’s Adviser on Enterprise, voiced his support for the Manifesto: “Raising levels of aspiration among young people, and giving them the confidence to work for themselves, has been a key priority of mine,” he said. “I know the Prime Minister shares this view.
“Support needs to start at a young age in schools and colleges, and continue right the way through to higher education where students can gain inspiration and access to practical help to be their own boss. The UK is the best place in the world to start and grow a business, and if young people want to take that step we need to make sure they have every chance available to them."

A story gotten from  http://www.telegraph.co.uk/finance/yourbusiness/young-enterprise

UK unemployment rate steady as claimant count falls fastest in 16 years

Jobless rate remains at 7.7pc and squeeze on households intensifies but sharp drop in those claiming jobseekers allowance boosts recovery hopes

UK unemployment rate steady as claimant count falls fastest in 16 years
Wednesday's data showed the number of people claiming jobless benefits - a narrower and timelier measure of unemployment - fell by a much bigger-than-expected 41,700 in September. 
The sharpest monthly fall in the claimant count for more than 16 years and another record high for UK employment have boosted recovery hopes.
The number of people claiming jobseekers allowance last month fell at the fastest rate since June 1997, underlining claims that the economy is on the mend. John Hawksworth, chief economist at PricewaterhouseCoopers, said the “strong rise in employment [supported] other evidence of a healthy economic recovery over the summer months”.
Data from the Office for National Statistics (ONS) showed that the claimant count dropped by 41,700 in September, a 16-year record and far more than expected. August’s figure was also revised to 41,600, a fall of 9,000 more than previously thought. The combined decline meant those on jobseekers allowance totalled 1.35m last month, the lowest level since January 2009.
The drop in claims followed a strong summer, as ,000 jobs were created between June and August. Some 29.9m people are now in employment in the UK, a record high.
However, job creation appeared to come at the expense of pay rises once again, tightening the squeeze on household finances.
Average annual pay rises, excluding bonuses, were just 0.8pc between June and August – the slowest rate since records began in 2001 and far beneath the current 2.7pc rate of inflation. Including bonuses, average wages were up 0.7pc.
The bulk of the pain was borne by public sector workers. Excluding the nationalised banks, civil servant pay rose by just 0.1pc – the weakest increase on record.
Royal Bank of Scotland and Lloyds Banking Group appeared to have an even tougher time. Including the state-backed banks, average public sector pay shrank by 0.5pc – the first decline ever. By comparison, private sector pay rose by 1.1pc.
Economists said the data made an early interest rate rise less likely. The Bank of England has pledged to hold rates at 0.5pc at least until unemployment falls to 7pc. Despite the increase in employment, the official unemployment rate remained at 7.7pc in the quarter to August, as the number out of work declined by just 18,000.
Although employment is rising, the bulk of the new jobs were accounted for by Britain’s growing labour force rather than those on the doll.
David Tinsley, UK economist at BNP Paribas, said: “Things are going the Bank’s way, for now. Firmer UK demand is resulting in rising employment but this is being met out of falling labour inactivity and population growth for now, so the unemployment rate remains well above the 7pc threshold.
“At the same time, earnings growth is exceptionally weak. So the UK is experiencing a period of non-inflationary growth. With pay so weak there is little prospect of a Bank Rate hike in the near-term.”
Even so, the Centre for Economics and Business Research said the improving labour market figures made it likely that the Bank’s jobs threshold will be breached “before the next election”, scheduled for Spring 2015.
George Buckley, UK economist at Deutsche Bank, added that the fall in September’s claimant count from 4.2pc to 4pc suggested the unemployment rate, which measures a broader section of the workforce, should start decline shortly. He is forecasting a first rate rise in late 2015.
The detail of the jobs data was mixed. Some 102,000 of the 155,000 jobs created were full employees, rather than self-employed. Youth unemployment was down 1,000 at 958,000. But the number of people working part-time because they could not find a full-time job rose to 1.45m, the highest since records began in 1992.

The story is also accessible on http://www.telegraph.co.uk/finance/economics

Graduates advocate the establishment of job centres

Graduates advocate the establishment of job centres

photo
Graduands believe job centres would facilitate the search for employment. (File Photo)
KIGALI - Emmanuel (not real names), a 26 year old graduate from the National University of Rwanda (NUR), remains unemployed for almost two years.  And he is still counting.
A graduate in Applied Statistics, Emmanuel’s story is shared by fresh graduates who grace the streets of Kigali in search of employment job.
While government plans to trim unemployment levels from eight to four percent, the number of job seekers outpaces the jobs created, especially in Kigali where the population registers an average growth of three percent annually.
There is a growing number of youth migrants from rural areas travel to the city in search of greener pastures.
Emmanuel wants a scheme formulated to follow up fresh graduates to act as a conduit to employment opportunities across the country.
“There are jobs in Kigali but we do not know where to find them. After campus we should immediately be linked to available jobs in the country,” he says in an interview with The New Times.
Emmanuel’s feelings are shared by the Rector of NUR, Prof. Silas Lwakabamba, who believes that there is a gap between university graduates and employers.
“Connection between employers and training institutions is almost non-existent.  If there were job centres that connect the two, graduates would not face long periods without jobs,” Lwakabamba says, adding that:  “In the developed countries, graduates are even given interviews while they are still studying.”
While he also advises graduates to vigilantly participate in entrepreneurial programs, many such as Emmanuel do not have a strong entrepreneurial insight.
“It is important that fresh graduates do not undermine the numerous entrepreneurship training programs availed to them because they offer empowerment for self employment,” Lwakabamba said.
He adds that government mainly empowers the private sector and professional cooperatives, well knowing that they support graduates better.
During his Labour Day speech three weeks ago, the Minister of Labour, Anastase Murekezi, emphasised that:
“Government employs a small percentage but because it is mainly services, it positively impacted on private sector employment which registered 98 percent growth.”
According to the Vice Mayor of Kigali City, Alphonse Ndayisenga, graduates should broaden their job search beyond Kigali.
The labour force in Kigali is mainly made up of fresh graduates. But the city accounts for only 12.6 percent of the country’s total workforce.  Although the country targets to create 200,000 annually, only a half the number are realised.
“Graduates should not only look for work in Kigali but in the rural sectors and districts as well because they also offer many job opportunities,” Ndayisaba advised.
The number of university graduates is expected to rise but what is uncertain is whether job creation would keep the pace.

Accessed from  http://www.newtimes.co.rw/news

Third of women remove wedding rings 'to enhance career prospects'

A third of women remove their wedding rings at work because they fear that being 'taken' could damage their career prospects, a survey shows.

Would you ever remove your wedding ring to improve job prospects?
Would you ever remove your wedding ring to improve job prospects? Photo: ALAMY
The study of 1,712 married or engaged women reveals 35 per cent regularly remove their wedding or engagement rings at work, believing that appearing single would increase their chances of getting a job or being promoted. A further third take their rings off when going for a job interview.
The research suggests many women worry that employers or prospective employers interpret a wedding ring as 'about to take time out and start a family', making her an "unattractive hire". Men who wear wedding rings, on the other hand, do not face the same fears.
Ali O’Neill, head of product at comparejewellery.com, which carried out the survey, said: "It seems that a fair few women in the UK are ‘ring removers’, but the reasons why were incredibly interesting – with fear about the connotations that the ring holds when it comes to employment prospects being the most common factor in ‘ring removal.’
“Even in modern times, many women still firmly believe that they are pigeonholed by their relationship status – fearing fewer opportunities should they be viewed as likely to swan off to start a family, and so take their ring off to avoid this happening. Whether this be the case or not, it’s clear that these kind of stereotypes are still a problem in the workplace."
Ms O'Neill points out that many good employers have excellent maternity leave arrangements and are not concerned when their female employees take time out to start a family, offering flexible working along the way. But the perception many women have is that it's best to avoid risking it. "It’s clear from our results that engagement and wedding rings signify so much more than simply a marriage – they’re a signal of our life plan," she said.

Gotten from  http://www.telegraph.co.uk/women/womens-lifehttp://www.telegraph.co.uk/women/womens-life

The secrets of moving from mediocre investment banker to negotiation guru

The secrets of moving from mediocre investment banker to negotiation guru

Shark
Just because you work in an investment banking advisory position, doesn’t mean you’re a rain-maker. Clawing your way up the career ladder is one thing, but are you really a stellar deal-maker who can blow the competition away?
If you’re doubting your abilities, Horacio Falcao may be a good man to speak to. He’s affiliate professor of decision sciences at INSEAD and author of Value Negotiation: How to Get the Win-Win Right. In short, he’s worked with investment banks like JPMorgan, SocGen and Macquarie among others to help train their employees on negotiation techniques.
Falcao isn’t entirely focused on the financial sector, but we spoke to him to ascertain how investment bankers can go from merely good, to great deal-makers.

What are the three main traits in good investment banking deal-makers?

My experience and observations – having worked with hundreds, if not thousands, of investment bankers in the last decade – lead me to suggest that the three main traits in good investment banking deal-makers are:
Proactive learning – proactive learning is the joint ability of taking the initiative to ask genuine learning questions (as opposed to counter-arguments disguised as questions: “But don’t you think that my number is better than yours?”) and knowing also when to go silent and listen/learn attentively.
Focus on value, not price – while price is of course important, it means nothing if the value is not right. If the price of an asset is too high, instead of just thinking about bringing the price down, think in terms of different payment terms, how to exclude some liabilities or risks, etc.
Successfully manage all the relationships involved, including the decision to walk away – Many investment bankers find their clients’ expectations to be too unrealistic and are therefore left with a very difficult mandate. When facing the other side, parties may treat each other like enemies, which reduces the potential to learn and develop good solutions. And finally, getting too involved in making the deal happen within complex interactions may hinder the ability to understand when is the right time to walk away.

Are people in investment banking often lacking these traits? Can they be taught?

The number of senior bankers asking me to help their teams to develop such skills shows that they are not completely pervasive, even at a senior level. Many people grow into their careers negotiating in a certain way and recognise that they may need to change, but don’t really know how to.
My experience is that these skills can be taught, but not just through a workshop. What is needed is a combination of workshop learning and coaching to first understand and then practice the skill with the aim of fine tuning it until it becomes second nature.

Where do most deals fall down?

Most deals fall down on relationship and communication issues. Misunderstandings, poor attention to relationship management, perceptions and attributions of bad intent, and high emotions generated by small mistakes are usually some common elements that kill deals. In objective analysis, it emerges that many deals that failed did not fail for lack of value, but rather because of poor communication processes and relationship management.

What advice could you offer to someone working in a mid-ranking advisory position, who wants to take the step up?

Working hard and showing commitment is and will always be important. The challenge is to walk the thin line of doing that while learning, growing and respecting yourself. Negotiation is a great skill to invest in because it helps you to learn how to best interact with others around you, which is what an advisory person is constantly doing. Negotiation is also about managing potential conflicts of interests and coming up with good solutions. Therefore, negotiation is one path to help you manage the seemingly conflicting priorities of dedication to your current role with learning, growing and respecting yourself in a way that makes sense to you, your company, your clients and finally your career.

How can investment bankers improve their negotiation and deal-closing skills?

Deal closing is a consequence of good negotiation. If you negotiate well, you are more likely to close a deal. Therefore you need to develop awareness and skills for strengthening relationships and the communication process; develop a solid understanding of what is value and come up with flexible structures that can make value possible; claim value not based on power or coercion, but rather for legitimate reasons; and, finally, being able to recognise when to stop developing offers that are worse than walking away.

Investment bankers are notorious for working long hours, being on call whenever the client requires it. Is this really necessary? Or can they be more effective more efficiently?

It is hard for me to talk specifically about the long hours and being on call as I am not a banker myself. However, as a former corporate lawyer and a consultant, I used to and still do make a point of negotiating my own relationship and terms with my client.
I try to understand how the client likes to operate and then develop working systems that will enhance our ability to work together well, including their working preferences and mine. This is a moment when, for example, I share my preferences for not working the long later hours unless extremely necessary and we try to come up with examples of what these necessary conditions would be. I also just establish some ground rules or boundaries such as no emails on Sundays, unless I am already at work. Although in some cases or with some clients this may be harder to do, my experience is that at the end of the day, pretty much every one of them agrees.
Usually what persuades my clients is a combination of: 1. There is a good reason behind my boundary (usually increased productivity). 2. They see that you are very confident on that boundary and 3. They have the confidence or trust in you to deliver the final result without having to invade your boundaries.
Accessed from http://news.efinancialcareers.com/uk-en/153391/how-to-become-a-great-investment-banking-deal-maker/

Labor's corrupt cabal

Eddie Obeid
Former Labor powerbroker Eddie Obeid arrives for an ICAC hearing in May. Picture: John Grainger Source: TheAustralian
IN 2007, Morris Iemma won Labor a fourth successive term in NSW. It was a victory even members of his government would come to regret, concluding it would have been better to lose.
Certainly that last term of the Labor government was when the wheels fell off. The ALP would churn through three premiers and countless scandals, and go on to lose in the biggest landslide in more than 150 years of representative government.
The consequences have been played out in the forums of the Independent Commission Against Corruption, and may now shift to the criminal courts.
For Labor in NSW, yesterday's ICAC findings were the worst-case scenario.
Former minister for primary industries Ian Macdonald was found corrupt on two separate matters: the grant of a coal exploration licence over ALP powerbroker Eddie Obeid's family farm and accepting the sexual favours of a prostitute provided by Sydney property developer Ron Medich.
Obeid was found to be corrupt over the coal licence, as was his son Moses, who also was found corrupt for arranging a discounted car for former roads minister Eric Roozendaal, who escaped sanction. As well, five businessmen were found to have engaged in corrupt conduct in trying to conceal the involvement of the Obeids in the mining deal.
Macdonald and the Obeids face possible criminal charges, while four of the businessmen face prosecution under the Crimes Act as well as under the Corporation Act.
It was a devastating indictment of how corruption had infected the top ranks of Australia's most powerful political faction: Labor's NSW Right.
And not just the Right. Macdonald was a senior member of the party's Left, but his close association with Obeid meant there was little to differentiate the Left from its factional enemy.
ICAC even heard that leading figures of the NSW Left, including Doug Cameron, now a senator, fought to maintain Macdonald as leader of the upper house while others wanted him out.
Yesterday's report marks an important milestone for ICAC. Counsel assisting the commission, Geoffrey Watson SC, called the investigation "the most complex and the most important investigation ever undertaken by ICAC".
That assessment could be disputed, given one of its early investigations led to the downfall of the premier who created ICAC, Nick Greiner -- mistakenly, as it turned out, as the finding of corruption against him was overturned on appeal, much to the commission's shame.
ICAC will probably face a similar legal test following the latest findings. Both Macdonald and Eddie Obeid had suggested they would challenge the corruption findings in the courts, and that's before any criminal charges are contested.
The series of business figures found to have acted corruptly are likely to test the full limits of their legal rights, and they have the money to do so.
Mining identity Travers Duncan has already tried, unsuccessfully, to disqualify commissioner David Ipp by taking his appeals to the High Court.
Somewhat ironically, this investigation is exactly what Greiner would have envisaged ICAC doing to the Labor government of the 1980s: an ongoing royal commission into the previous administration. Certainly the sums of money involved far outweigh anything in Greiner's day.
But Watson says the investigation was important "not because of the sums of money involved, although the sums of money involved are enormous. The importance of this investigation stems from the identity and rank of the public officials involved and the subject of the decisions which they made."
Certainly, the ICAC investigation touched a wide span of Sydney society, from the murky world of bottom-feeding property developers to some of Australia's richest businessmen, not to mention the cabinet room. It might say something about NSW Labor, or perhaps just about NSW, that some of the state's wealthiest and most powerful business figures became enmeshed in this extraordinary episode.
John Kinghorn, the man whose philanthropic generosity caused Sydney's huge cancer research centre to be named in his honour, yesterday was found to have acted corruptly in connection with his role in the Cascade deal.
Also found to have acted corruptly was Duncan, one of Australia's wealthiest individuals and most prominent mining figures, who had sold his company Felix Resources to Chinese miner Yanzhou Resources for $3.5 billion.
Duncan had fought tooth and nail against the release of the report, arguing bias on Ipp's part. Yesterday he was just another Cascade Coal investor on the list of those found to have acted corruptly. Mining executive John McGuigan and John Atkinson, a former partner at international law firm Baker & McKenzie, were another two. Like all involved, they denied any wrongdoing and vowed to fight.
The unravelling of Labor began soon after that unexpected victory in 2007. Four months after the election, Obeid, the godfather of the NSW Right faction and a member of the state's upper house, bought a grazing property called Cherrydale in the Bylong Valley in central-west NSW, paying $3.65 million.
Obeid said it was for his retirement. Watson suggested that Obeid knew there was coal there from his time, four years earlier, as mining minster.
On May 9, 2008, Macdonald asked his department about coal resources near Mount Penny. According to Watson, even experts in the NSW Department of Primary Industries had not heard of Mount Penny.
Macdonald has always maintained that his inquiry about Mount Penny, which was next to the Obeids' property, was a pure coincidence and that he didn't find out the Obeids owned land there until he read about it in a newspaper article in October.
He said he wanted his department to find some small and medium-sized coal exploration areas. The mining boom was under way and the price of coal was soaring, and he was under pressure to bring in money for the state government.
Macdonald made the decision to restrict the expressions of interest in these areas to so-called junior miners. But Watson said this decision didn't make any sense, as the costs of exploiting the coal would mean the junior miners inevitably would sell to the major companies. He called it "akin to conferring a gift upon the investors in that junior miner".
He added that it could not be explained by some idiosyncratic notion of social justice or wealth redistribution: "The investors behind small mining companies are not ordinary people -- they are almost invariably wealthy people. Dabbling in NSW coal tenements is not the typical pastime of the man in the street. The practical effect of minister Macdonald's junior miner decision was to make some extremely rich men even richer."
Meanwhile, although the exploration areas would not be announced until September, the Obeid family was acting as if it knew a coal licence was about to granted over the land. In June the Obeids arranged the purchase of two nearby properties, using associates as frontmen.
On June 23, their solicitor's notes contain the following reference, which, given client-solicitor privilege, probably cannot be used in any prosecutions against them:
"Once EOI (expressions of interest) issues re coal lease land value increased many fold, three or four times". This was more than two months before the coal leases were made public.
But not content with quadrupling their money by selling their land, they also wanted a cut of the mining venture.
On July 3, 2008, Moses Obeid met a banker from Lehman Brothers, Gardner Brook, at the Wentworth Hotel in Sydney and told him he had property over which an exploration licence was going to be issued. Even more startlingly, a few days later he provided Brook with a handwritten list of 14 companies that were going to be invited to tender for coal licences.
During the commission's hearings, Watson went to some lengths to point out the similarities between this list and the typed list sent to Macdonald's office -- the companies were even listed in the same order.
While his son was actively preparing for a coal lease that had not been made public, Eddie Obeid was active as a political insider.
In September 2008, Iemma had lost the support of Obeid's Terrigal group over his desire to drop Joe Tripodi from the ministry and through his failure to convince the party to privatise the electricity industry.
Obeid and Tripodi threw their faction's weight behind a surprising choice, a left-winger in his first term of parliament, Nathan Rees. Eventually, Rees would dump Tripodi and Macdonald; and again, the faction would abandon him and install Kristina Keneally.
On the day he was dumped, Rees made one of the most dramatic exit statements in NSW political history, declaring: "I will not hand over NSW to Eddie Obeid or Joe Tripodi." And he condemned Keneally with words that would follow her to the next election, declaring that if he was not premier by the end of that day, his successor would be "a puppet of Joe Tripodi and Eddie Obeid".
Keneally immediately reinstated Tripodi and Macdonald, but Macdonald, dubbed Sir Lunchalot by the media, would be sacked again in June 2010 over travel rorts.
A month before Macdonald left the cabinet, Obeid, having reached the 20-year mark where his parliamentary pension entitlements maxed out, left parliament.
If he thought he was headed for a quiet retirement, ICAC had a different idea.

Accessed from http://www.theaustralian.com.au/news/features/labors-corrupt-cabal/story-e6frg6z6-1226689071162

Six things Goldman’s results say about the state of the investment job market

Goldman2
Goldman Sachs’ third quarter results have just been released. You can access them here, shortly before the executive team talk through them on a conference call.
Goldman has not proved its omnipotence, with total revenues slipping by 20% year on year, to $8.72bn, and 22% since the second quarter. Overall net income was flat at $1.5bn, however, and for the first nine months Goldman is still ahead of 2012, albeit by a mere 2%, with total net revenues coming in at $26.4bn. So, what does the bank’s performance say about the state of the investment banking job market?

1. Goldman has not really been cutting staff

Despite the difficult quarter, Goldman Sachs had 900 more staff at the end of Q3 than it did at the end of June, with 32,600 employees. This is an increase of 3%, but exactly in line with this point last year, suggesting that Goldman weeded out underperformers at the tail end of 2012 and has gradually been building headcount again.

2. FICC traders should possibly be very scared, but maybe not

Performance in Goldman’s FICC division was particularly bad during the third quarter. Revenues dropped by a massive 44% year on year and 49% since Q2, coming in at just $1.2bn. Goldman points to a particularly bad time for its mortgages and interest rate products, as well as currencies, in a difficult environment “characterised by economic uncertainty, difficult market conditions in certain businesses and lower levels of activity”.
However, for the first nine months of 2013, FICC revenues were down by a comparatively modest 12%, to $6.9bn on the back of a good first half. It may, like Citi, decide that one bad quarter doesn’t necessitate big redundancies.

4. Pay has seemingly been obliterated, but not really

Goldman’s compensation pot for the third quarter is down by 35% to $2.4bn on the same period in 2012. While the bonus pool in Q3 2012 equated to 44% of revenues last year, it’s now down to 35%, suggesting that the bank is cutting comp, rather than headcount (or perhaps as a prelude to redundancies). This works out as $73k per head during the three months to September, compared to $113k for the same period in 2012.
However, for the first nine months the drop in compensation is not spectacular. It’s accrued $10.4bn so far this year, versus $10.9bn in 2012. This means a compensation accrual of 41% of total revenues so far this year, compared to 44% last year.

5. ECM is hot

The stand out performer for Goldman, like most other banks to report so far, was equity capital markets. Its underwriting business posted a 13% uptick in revenues for the third quarter, which is one of the few positives. However, year to date, equity underwriting is up by 52% on 2012, with revenues of $1.03bn, while Goldman’s DCM team is up 35% to $1.8bn. All of this has ensured that the bank’s investment banking division’s revenues have exceeded the first nine months of 2012 by 22%, despite weak performance in its M&A business.

6. Fund management is quietly doing well

Goldman Sachs’ investment management business doesn’t receive the plaudits of its investment banking division, and some key departures – notably Jim O’Neill – would have rocked the division. However, revenues were up a modest 2% on Q3 last year and 4% for the year to date. This doesn’t match JPMorgan’s asset management division, which has been frantically hiring, but still reflects well on the health of the sector.

Australian Labour corruption cost $83m

2013-08-15 10:05
Australia's Prime Minister Kevin Rudd speaks during a press conference at the Parliament House in Canberra. (AAP, Lukas Coch/ AP)
Australia's Prime Minister Kevin Rudd speaks during a press conference at the Parliament House in Canberra. (AAP, Lukas Coch/ AP)

kalahari.com

Sydney - Corruption in the ranks of Australia's Labour party centred on a dodgy coal-mining deal cost New South Wales state $82.6m, a top official said on Thursday.

NSW Treasurer Mike Baird said he had asked the Treasury and the mining department to look into the cost of the Mount Penny scam, over which criminal charges were recommended last month against two high-profile state Labour figures.

Former party kingpin Eddie Obeid and ex-resources minister Ian Macdonald were last month found to have acted corruptly in the 2008 deal, following the largest-ever investigation by the state's Independent Commission Against Corruption (ICAC).

Obeid is accused of conspiring with Macdonald to rig a 2008 tender for a lucrative coal licence over land at Mount Penny, which he and his family secretly purchased in 2007-2008 and which soared in value once the licence was in place.

Both men have been expelled from Labour but have denied wrongdoing.

Baird, from the ruling Liberal party, said he was "appalled" by the scam's cost to NSW, Australia's most populous state of which Sydney is the capital.

Damaged standing

"I sort of sit here and shake my head," Baird told NSW parliament. "If the licences were not issued corruptly or negligently this state would be $90m better off.

"Those resources, our resources, the state's resources, were effectively given away," he added, noting that these were conservative estimates.

The scandal has damaged Labour's standing in NSW ahead of September's national elections, with two federal lawmakers called to give evidence and another two named in proceedings.

Conservative leader Tony Abbott, on track for a narrow victory on 7 September according to opinion polls, said ICAC had "exposed the rottenness at the heart of the Labour party nationally".

Prime Minister Kevin Rudd has ordered a takeover of NSW Labour by the national executive to reform the scandal-hit branch, banning property developers from standing as candidates and pushing for greater control by rank and file members.  http://en.wikipedia.org/wiki/Independent_Commission_Against_Corruption_%28Hong_Kong%29