Michel Cournoyer

Michel Cournoyer has written 6201 posts for Job Market Monitor

Bombardier – 1,800 jobs to be cut

Bombardier Aerospace president and CEO Guy Hachey is retiring after six years in the post amid a restructuring of its operations that will result in the layoff of 1,800 employees. The Montreal-based company (TSX:BBD.B) says its aerospace division will operate in three segments — business aircraft, commercial aircraft and aerostructures and engineering services — each … Continue reading

US – Reducing unemployment

The U.S. labor market is still a long way from healed. The unemployment rate of 6.1 percent, down from 10 percent in 2009, is misleading: Long-term unemployment accounts for a much bigger share of the total than usual. Millions who would like full-time jobs are having to work part time. And millions more have given up … Continue reading

Computers could replace about 47 percent of jobs research finds

Originally posted on Job Market Monitor:
“…Over the past decades, computers have substituted for a number of jobs, including the functions of bookkeepers, cashiers and telephone operators” write Carl Benedikt Frey and Michael A. Osborne in The future of employment: how susceptible are jobs to computerisation? (quotes to follow) More recently, the poor performance of labour markets…

Ethiopia – Cheap labor and electricity attract investment

A combination of cheap labor and electricity and a government striving to attract foreign investmentmakes Ethiopia more attractive than many other African nations, said Deborah Brautigam, author of “The Dragon’s Gift: The Real Story of China in Africa” and a professor of international development and comparative politics at Johns Hopkins University’s School of Advanced International … Continue reading

US – Hiring discrimination for smokers and obese does get very much support

Fewer than one in eight Americans, 12%, say companies should be allowed to refuse to hire people because they are significantly overweight. Similarly, 14% of Americans say companies should be allowed to refuse to hire smokers. Chosen excerpts by Job Market Monitor. Read the whole story at  Hiring Discrimination for Smokers, Obese Rejected in U.S..

US – The short-term unemployment rate has returned to its pre-recession average, so what ?

Because the short-term unemployment rate has returned to its pre-recession average, one important implication—if the hypothesis that the long-term unemployed are largely on the margins of the labor market is correct—is that further declines in short-term unemployment would be expected to be associated with rising inflation and stronger real wage growth. So has this trend … Continue reading

Unemployment in Finland – Rose to 9.2 percent from 7.8 percent a year ago

New figures show that levels of joblessness in June rose to 9.2 percent from 7.8 percent a year previously, with the manufacturing sector particularly feeling the brunt of job losses. Education was found to have enjoyed the largest gains in workforce numbers, despite the continuing overall trend of growing unemployment. via Education sector gains jobs despite overall … Continue reading

The Talent War – 63% of CEO said availability of skills was a serious concern (PWC)

Megatrends are redrawing the skills map for global businesses; the supply of talent is shifting at a time when demand is increasing. This is exacerbating a familiar worry for CEOs; 63% said availability of skills was a serious concern, an increase of 5% on 2013. With half of CEOs planning to hire more people over … Continue reading

Canada – A company success with the Temporary Foreign Workers

We are an East Indian sweets distribution company which started off as a local retail outlet in 2001 in Surrey, B.C. We began with only two employees, and it’s with the help of the foreign workers we hired within the first few years of operation that we excelled to be able to provide jobs to … Continue reading

US – Obama to sign bill improving worker training

On Tuesday, President Obama and Vice President Biden will announce new executive actions on job training at the signing of the Workforce Innovation and Opportunity Act  Congress and the President have finally found some common ground: Obama will sign the first significant legislative job training reform effort in nearly a decade on Tuesday. The Workforce … Continue reading

Canada – 6.1 unemployed people for every job vacancy in April

In April, there were 227,000 job vacancies among Canadian businesses, little changed compared with April 2013. There were 6.1 unemployed people for every job vacancy, also little changed compared with one year earlier. via The Daily — Job vacancies in brief, three-month average ending in April 2014.

European Union – Access to middle-skilled work for newly arrived migrants

Over the past 15 years, migration in Europe has changed considerably. The economic boom in the early and mid-2000s and expanded mobility owing to European Union enlargement helped create new populations of migrants from both within and beyond the European Union. These recent migrants are more educated than earlier arrivals and many are highly skilled. Against the backdrop of the … Continue reading

Canada – Shifts to onshoring and no shortage of workers in Canada reports KPMG

For the past eight years, manufacturers in Canada have been fighting an uphill battle. From the downturn of the US economy and the rising Canadian dollar, to skilled labour challenges and off-shoring trends – manufacturing here has faced tough headwinds. Today, times are finally moving in a direction that helps rather than hinders manufacturers, according … Continue reading

Job Search with LinkedIn – Getting recommendations

The best way to obtain high quality LinkedIn recommendations is to treat them similarly to obtaining formal recommendation letters: Contact only those people who know you well and can provide specific examples of your strengths and differentiators. For each person you ask to write a LinkedIn recommendation, provide them with three skills that you’d like … Continue reading

US – 250,000 more engineers over the next 10 years will be needed

The United States will need nearly 250,000 more engineers over the next 10 years to work in high-growth sectors and industries such as oil and gas, aerospace, and renewable energy, with employers to make more than a third of new engineering jobs available in metropolitan areas such as Houston, Los Angeles, and Washington, D.C. That … Continue reading

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