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March Unemployment in Netherlands – Slight drop but the trend is still upwards

Unemployment fell by some 7,000 in March as more people withdrew permanently from the jobs market rather than found jobs, the national statistics office CBS said on Thursday.  In the longer term, the jobless trend is still upwards, with an average increase of 5,000 people joining the unemployment ranks a month. Women were hardest hit … Continue reading

How Long You’ll Be Unemployed – Look at the Unemployment Rate

A few factors do make a difference. Men are a bit more likely to become long-term unemployed than women; blacks are more likely than whites; and, most significantly, older workers are more likely than younger ones. That’s consistent with both anecdotal evidence and quantitative research suggesting that older workers have more trouble finding jobs, due … Continue reading

2 in 5 Employees Do Not Believe They Receive Fair Pay in US – More women (42%) than men (34%)

According to a new Glassdoor survey1 that dives deeper into income inequality and wage gap issues, two in five (39%) employees do not believe they receive fair pay in their current job. Further, more women (42%) than men (34%) do not believe they are being paid fairly. Who can best address the pay gap issue? … Continue reading

Losing Job in US – Would Quickly Lead to Hardship finds Gallup

Many working Americans would experience financial peril if they lost their current job, putting pressure on them to find a new job quickly. A substantial minority of U.S. workers say they could go just one week (14%) or one month (29%) before experiencing significant financial hardship if they lost their job. Gallup’s annual Economy and … Continue reading

After the Gold Medal to Canada – Temporary foreign workers needed to coach hockey teams

The federal government approved the hiring of hockey coaches through the temporary foreign worker program – an immigration stream meant only for jobs Canadians can’t fill.  In six cases since 2010, the government approved Labour Market Opinion (LMO) applications to bring in hockey coaches under the TFW program, documents obtained through the Access to Information … Continue reading

Inequality in US – the top 20% of earners accounted for more than 80% of the rise in household income from 2008-2012

A recent article by Labor Department senior economist Aaron Cobet highlights the sharp disparity between the wealthiest and poorest Americans in the aftermath of the 2007-2009 recession. “While average income has returned to pre-recession levels, income gains have been distributed unevenly,” Mr. Cobet said. The economist mined Labor Department data to show that the top 20% of earners … Continue reading

Jobless Claims in US – Lowest level since May 12, 2007

In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week’s revised level. The last time intial claims were this low was May 12, 2007 when they were 297,000. The previous week’s level was revised up by 6,000 from 326,000 to 332,000. … Continue reading

Unemployment and the risk of falling into a substance abuse problem

The stress, fear, depression and overabundance of free time that occurs from being unemployed has been known to increase a person’s risk of falling into a substance abuse problem. This video shows just how much unemployment and drugs are intertwined. We broke the numbers down by age groups, employment status, ethnicity, and by year from … Continue reading

US – Looking beyond the Unemployment rate

Looking for an alternative to the Unemployment rate ? Try the employment:population ratio.  One alternative is to ignore the question of who is actively looking for work and focus, instead, on who is working. Specifically, check to see how many people there are in our state and then find out how many of them have … Continue reading

Majority of workers feel they are overweight finds CareerBuilder

More than half of workers (55 percent) categorize themselves as overweight, on par with last year. Thirty-nine percent say they’ve gained weight at their current job, with 21 percent putting on more than 10 pounds and 9 percent putting on more than 20 pounds. Sixteen percent report they have actually lost weight at their job, … Continue reading

UK – Unemployment rate at a five-year low

“Latest estimates for December 2013 to February 2014 show that employment continued to increase, unemployment continued to fall, as did the number of economically inactive people aged from 16 to 64. These changes continue the general direction of movement over the past two years.” says the official press release. Indeed, the unemployment rate was at a … Continue reading

Yellen – Job gap means rates stay low

“The larger the shortfall of employment or inflation from their respective objectives, and the slower the projected progress toward those objectives, the longer the current target range for the federal funds rate is likely to be maintained,” Yellen said today to the Economic Club of New York.  The gap, in both cases, is large, with … Continue reading

US – People with higher levels of education: consistently lower unemployment rates

You probably know lots of reasons why it’s smart to stay in school. Well, here’s one more: You’re less likely to be unemployed. According to data released in January 2014 from the U.S. Bureau of Labor Statistics (BLS), the higher your level of education, the lower your rate of unemployment. In the last decade, as … Continue reading

EU – The rate of underemployed part-time workers was 4.1 % on the top of the 10.6% unemployment rate

This article reports on three forms of unemployment in the European Union (EU) which are not covered by the ILO definition of unemployment. They are: underemployed part-time workers, jobless persons seeking a job but not immediately available for work and jobless persons available for work but not seeking it. In 2013Q4 in the EU-28, the … Continue reading

New York – The Visiting Nurse Service to cut 775 jobs

The Visiting Nurse Service of New York is eliminating 775 positions, one of the largest health care mass layoffs in New York City that does not involve the closing of a hospital. The organization is the largest nonprofit home care agency in the country. The cuts represent a 4% reduction in its workforce. Those affected … Continue reading

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