Job Market Monitor
Featured Posts
Disaster Assistance In order to qualify for disaster unemployment benefits your employment or self-employment must have been lost or interrupted as a direct result of a major disaster, and you must have been determined not to be eligible for regular state unemployment insurance. Major disasters have been declared in some counties in Oklahoma, and information on … Continue reading
Redundancy — losing your job in a layoff — is difficult for most people. I’ve worked with many people who have been made redundant and struggled with the aftermath. On the whole, these individuals have been hard workers, intelligent, and loyal to their companies; when the hammer finally fell, they often went into an emotional … Continue reading
In theory, this need not be a crippling blow for the national economy. In the above scenario, rational Ontarians should follow the money and migrate to Alberta to take advantage of the boom times. But as a team of Bank Canada economists remind in an excellent new study (pdf), Canada doesn’t really work this way. … Continue reading
With an aluminum market weighed down by surpluses, Alcoa Inc. and Rio Tinto Alcan are postponing billions in upgrade and expansion plans to their smelters in Quebec. While some 750 Rio Tinto Alcan employees will get to keep their jobs longer, 500 Alcoa workers will be pushed into early retirement. Alcoa is deferring by three … Continue reading
“With their relentless pursuit of prestige and revenue, the nation’s public and private four-year colleges and universities are in danger of shutting down what has long been a pathway to the middle class for low-income and working-class students” writes Stephen Burd in Undermining Pell - How Colleges Compete for Wealthy Students and Leave the Low-Income Behind … Continue reading
“Compared with other advanced industrial countries, the United States is among the least generous with respect to the duration and level of unemployment insurance (UI) benefits. Under normal economic circumstances, UI benefits in the United States are available for up to six months following job loss, compared with availability of a year or longer in … Continue reading
‘Jobs have taken center stage in the development agenda since the financial crisis of 2008′ write Tewodros Aragie Kebede, Huafeng Zhang, and Jon Pedersen in Just Jobs Index on michaelshank.net. ( Adapted chosen excerpts by Job Market Monitor to follow) The Just Jobs Network works to promote just jobs—those complete with appropriate compensation, social protections, labor rights, and opportunities … Continue reading
The report Unemployment from a Child’s Perspective written by Julia Isaacs examines unemployment from a child’s perspective, reporting that 6.2 million children lived in families with unemployed parents in 2012. ( Adapted chosen excerpts by Job Market Monitor to follow) When a parent loses a job, the entire family is affected, including the children. Money is suddenly tighter, and what … Continue reading
The funding shortfall bedeviling the 100 largest U.S. corporate pension funds rose for a second straight year in 2012, as a strong stock market and hefty plan contributions failed to offset damage done by persistently low interest rates, according to an analysis by Towers Watson released on Monday. The gap between what these corporations, all … Continue reading
Big Blue is reportedly prepping for layoffs. But will IBM cuts hit Research Triangle Park? Job cuts of between 1,200-1,400 employees are expected over two years in France. There is no word on whether other areas will be impacted. IBM is thought to employ 10,000 in RTP, but they have not disclosed a local headcount … Continue reading
In the fifth year after the outbreak of the global financial crisis, global growth has decelerated and unemployment has started to increase again, leaving an accumulated total of some 197 mil- lion people without a job in 2012. Moreover, some 39 million people have dropped out of the labour market as job prospects proved unattainable, … Continue reading
Commission President José Manuel Barroso today called on Europe’s digital businesses, governments, training and education sectors to join a Grand Coalition for Digital Jobs to address up to 900 000 job vacancies expected to exist in Europe in Information and Communication technologies (ICT) by 2015. Despite the current levels of unemployment, the number of digital … Continue reading
Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is. via Wealth Inequality in America – YouTube.
“Political leaders, prominent foundations, and college presidents have argued that the nation must increase the proportion of adults with college degrees in order for America to remain competitive in the global economy” write Richard Vedder, Christopher Denhart, and Jonathan Robe in Why Are Recent College Graduates Underemployed? University Enrollments and Labor-Market Realities (Adapted quotes to follow). Supporting those … Continue reading
“The immediate future of Europe depends upon the 94 million Europeans aged between 15 and 29″ writes the European Foundation for the Improvement of Living and Working Conditions in NEETs Young people not in employment, education or training: Characteristics, costs and policy responses in Europe. (Adapted choosen excerpts by Job Market Monitor to follow). Apart from the challenges that young people … Continue reading
“Youth unemployment was rising since well before the current economic downturn, but the fallout from the financial crisis has brought it to the top of the government’s agenda and generated a plethora of publications and initiatives to tackle the problem.” write Tess Lanning and Katerina Rudiger in Youth unemployment in Europe: lessons for the UK (Adapted chosen excerpts by … Continue reading
Editorials
- Canada - Employment Insurance – EI recipients participating in employability measures should be exempted from the application of the proposed provisions on convenient job (more…)
- One of the main policies to reduce long-term unemployment is an active labor market policy. The OECD publishes each year data on Government investments in labor market programs like training and wage subsidies. The term active programs is used to differentiate those measures from income support programs, like unemployment benefits, which are called passive labor market programs. The term passive is used to emphasize the fact that those measures do not act on employability or behaviour. They are nonetheless absolutely necessary. This is not the point. (more…)
- The extensive Job Gap as tremendous impact. According to the 2012 of the ILO report on Global Employment Trends(GET), the world facesa Global Job Gap of 600 million jobs. (more…)
- There are two groups of skills that make a difference if you’re looking for work : Your search skills Your own skills, your competencies. (more…)
