Michel Cournoyer

Michel Cournoyer has written 7666 posts for Job Market Monitor

The January 2016 Job Report in US – Charts

Chosen excerpts by Job Market Monitor. Read the whole story at  The January Jobs Report in 12 Charts – Real Time Economics – WSJ Related Posts Job Report in US – What the White House says POSTED BY MICHEL COURNOYER ⋅ FEBRUARY 6, 2016 ⋅ LEAVE A COMMENT With the unemployment rate below 5 percent for the first time in almost … Continue reading

The January 2016 Job Report in US – Manufacturing jobs hit 7-year high 

Apparently, no one told American manufacturers that their business is collapsing, because they kept on hiring more workers in January.The Bureau of Labor Statistics reported Friday that manufacturing companies added 29,000 workers in January to reach a seven-year high of 12.4 million. After a soft patch in the middle of last year, it was the … Continue reading

Job Report in US – What the White House says

With the unemployment rate below 5 percent for the first time in almost 8 years, here are five things you need to know about where our economy stands. Source: As Unemployment Drops Below 5%, Here Are Five Facts About America’s Jobs Market | whitehouse.gov Related Post Job Report in US, January 2016 – American employers … Continue reading

 Bad Job Interview – I didn’t show them who I am

“That’s what makes people feel bad,” Cuddy said.  People can generally accept a negative concrete outcome — like not landing the job — if they felt like they presented themselves well. That led Cuddy to realize that success in challenging situations is about leaving without regret and feeling satisfied that you did the best you could. Cuddy … Continue reading

Universal Basic Income – These things are utopian one expert says

Universal Basic Income gets all this attention and popularity, but I haven’t seen one model that’s even on the planet of financial feasibility. These things are utopian. Finland is conducting an experiment in giving every adult a check for €800 a month, which would require spending far more than what the government raises in taxes. Whatever … Continue reading

Job Report in US, January 2016 – American employers eased up on the gas

Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, … Continue reading

Skills Gap in US – An employer-driven talent supplier recognition and certification system is needed US Chamber of Commerce says

There is no time to waste. The skills gap continues to worsen while government policies to improve employer responsiveness through accreditation reform continue to fall short. More employers and business and industry associations now see the need and opportunity to explore an employer-led solution during a time of growing debate on the role of government … Continue reading

Job Report in Canada, January 2016 – Employment was virtually unchanged in January (-5,700 or 0.0%) and the unemployment rate edged up to 7.2%

In the 12 months to January, employment increased by 0.7% (+126,000). Over the same period, the unemployment rate rose from 6.6% to 7.2%, as the labour force grew at a faster pace than employment. There was little change in both full-time and part-time employment in January. However, compared with 12 months earlier, full-time work increased by 172,000 (+1.2%) while part time was little changed. … Continue reading

Canada – Immigrant wives―especially the younger ones―participate less often in the labour market than Canadian-born wives

Immigrant wives―especially the younger ones―participate less often in the labour market than Canadian-born wives Of all immigrant wives aged 25 to 54 whose husbands were aged 25 to 54 and were employed as paid workers, 76% participated in the labour market―i.e., they had a job or actively looked for one―from 2010 to 2014 (Table 1). … Continue reading

College-Educated Immigrants in US – Has grown at more than twice the rate of U.S. born

The number of immigrants with higher education has grown at more than twice the rate of the same population among the U.S. born. Between 1990 and 2000, the college-educated immigrant population increased 89 percent from 3.1 million to 5.9 million, and a further 78 percent between 2000 and 2014 (from 5.9 million to 10.5 million, … Continue reading

Unemployement in Europe – The great divide

Europe is stuck in a jobs crisis. Eight years on from the financial crash, unemployment remains the biggest threat to the social fabric of the single currency’s weakest economies. The latest round of labour market data show the average unemployment rate in the 19-country bloc fell to 10.4pc, its lowest level since September 2011.But the … Continue reading

ILO – The challenges world economies will face by 2017 (video)

The weak growth of 2015, coupled with slowdowns in major economies, spells trouble for the world of work in over the next few years. ILO researchers Veronica Escudero and Sameer Khatiwada lay out the challenges world economies will face by 2017. Source: World Employment and Social Outlook – Trends 2016: WESO 2016: Our World Today

ILO – The future trends of 2016 and beyond (video)

The world of work faces significant challenges in the coming decade, with technological shifts, population aging and struggling economies changing the way we work. ILO researchers Sameer Khatiwada and Veronica Escudero lay out the future trends of 2016 and beyond. (Closed Captions available) Source: World Employment and Social Outlook – Trends 2016: WESO 2016: Our … Continue reading

Head Office Employees in Canada – Increased 1.0% in 2014 while the number of head offices declined 0.6% 

The number of head office employees in Canada increased 1.0% in 2014 to 227,684, while the number of head offices declined 0.6% to 2,756. Growth in head office employment continued to be concentrated, with 94.0% of new head office employment in 2014 coming from five provinces: Alberta (25.5%), Ontario (24.7%), Manitoba (18.2%), British Columbia (15.5%), and Quebec (10.2%). Provincially, Ontario accounted for the largest … Continue reading

A Basic income or Guaranteed Income for Canada – Would cost the treasury more than $500-billion a year

The Finnish example is typical of the fiscal folly. The Finns propose a monthly transfer of €800 ($1,200) a person, which sounds nice until you do the math and figure out this would require a doubling of existing taxes to fund the program. This transfer would barely replace what low-income Finns already get under their … Continue reading

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