Michel Cournoyer

Michel Cournoyer has written 7510 posts for Job Market Monitor

Sweden – Toward a six-hour workday

The 40 hour work week for a full-time employee has been trimmed to 30 hours at some Swedish firms, and studies have found that the result is more productivity and better morale. Brath, an SEO specialist startup, shifted to six hour days three years ago. “The reason is that we actually care about our employees, … Continue reading

Job Report in US – Total nonfarm payroll employment increased by only 142,000 in September

Total nonfarm payroll employment increased by 142,000 in September, and the unemployment rate was unchanged at 5.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care and information, while mining employment fell. Household Survey Data In September, the unemployment rate held at 5.1 percent, and the number of unemployed … Continue reading

UK – Some details on the apprenticeship levy to come

Although consultation on the Levy closes today, it’s clear that some questions have already been answered. The Levy will see ‘large’ employers (probably those with over 250 employees), paying a percentage (probably around 0.5%) of their payroll costs to the government, to be spent on apprenticeship creation. It’s not yet clear how the system will … Continue reading

Industry 4.0 – How will job profiles evolve?

Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s. These waves of technological advancement did not reduce overall employment, however. Although the number of manufacturing jobs decreased, new jobs emerged and the demand for new skills grew. Today, another workforce transformation is … Continue reading

Communting to Work – The future does not have to be this way

By 2030, 60 percent of the world’s population will live in cities, up from about 50 percent today. Over the same period, more than two billion people are likely to enter the middle class, with the majority of them living in cities in emerging markets, particularly China. The number of megacities with more than ten … Continue reading

Caterpillar – To cut up to 5,000 jobs by end of 2016

Shares of heavy-equipment maker Caterpillar (CAT) are down sharply after the company said today it is cutting its sales outlook for the year and will slash as many as 5,000 jobs between now and the end of 2016 in a cost-cutting move amid tough conditions in its energy, mining and construction businesses. Caterpillar also warned that total layoffs could … Continue reading

Talent – GPA’s are unimportant. Really? But you are not Google

How Google is driving hiring standards Let’s fast forward to today. Jobvite recently released their 2015 Recruiter Nation Survey. It’s always an interesting read, with great data and metrics, but one metric stood out, to me, above all others: “57 percent of organizations now report that GPAs are unimportant.” Do you see what just happened? … Continue reading

US – Graduates’ current work engagement linked to key college experiences

Decades of Gallup research have demonstrated that engaged employees are more productive, are less likely to be absent, have lower turnover, have fewer safety incidents and are more productive and profitable. And findings from the Gallup-Purdue Index — a study of more than 30,000 college graduates — reveal some surprising connections between the experiences students … Continue reading

US – Shrinking cities are gaining brains

If there’s one thing that’s a nearly universal anxiety among cities, it’s brain drain, or the loss of educated residents to other places. I’ve written about this many times over the years, critiquing the way it is normally conceived. Since brain drain seems to be a major concern in shrinking cities, I decided to take … Continue reading

Grads in Canada – The impact of further studies

By field of study, the largest difference in the employment rate for university degree-holders who completed further studies compared with those who did not was 8.2 percentage points for those who first studied physical and life sciences and technologies (78.1% versus 69.9%). The second-largest difference was 6.7 percentage points for people who had a university degree in social and behavioural … Continue reading

Grads in Canada – Earnings increased for male in Engineering and for female Earnings increased for male postsecondary graduates in Engineering and for female in Health

In 2005, Canadian-born male and female bachelor’s degree holders aged 25 to 34 earned on average $65,400 and $46,500 (in 2012 dollars) in wages and salaries, respectively. This was more than $20,000 higher than the earnings received by their counterparts with only a high school diploma (Table 1 and Charts 1 and 2).Note 4 While … Continue reading

Espérance de vie des cadres et les cols bleus au Québec – Écart de 18 mois chez les hommes et de 12 mois chez les femmes

On dit souvent que nous sommes tous égaux face à la mort. C’est faux ! Les inégalités sociales nous suivent jusque dans la tombe. Une étude inusitée réalisée par la firme Morneau Shepell en collaboration avec l’Université de Montréal nous en donne maintenant la preuve. Confirmant l’intuition des actuaires, l’étude établit clairement l’écart d’espérance de vie … Continue reading

India – Protest against planned labor reforms

Modi plans to launch the biggest overhaul of labor laws in decades, giving companies greater flexibility in hiring and firing workers – reforms that economistsand businesses say will help job creation and unleash more economic growth. These changes would make it tougher for employees to form unions or to go on strike, but include measures … Continue reading

Minimum Wage in UK – Women, pensioners and part-time workers to gain most from increases

Women, pensioners and part-time workers stand to gain most from increases in the minimum wage, new research shows. One-in-three working women will benefit from the Government’s plans to introduce a national living wage, according to new research. Six million workers, representing about a fifth of all employees, will see their pay lifted by the end … Continue reading

Uber in Brazil – It increases unemployment says president

The president of Brazil, Dilma Rousseff, has criticised ride-sharing service Uber for increasing unemployment, adding to a chorus of labour concerns about the world’s most valuable venture-backed startup. Rousseff said local authorities must regulate the service, which has led conventional taxi drivers to stage protests and lobby lawmakers in Brazil’s three biggest cities. São Paulo, … Continue reading

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