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Wage Theft by Employers in US – At least $933 million in 2012 vs robberies ( including bank ) $341 million

Wage theft—employers’ failure to pay workers money they are legally entitled to—affects far more people than more well-known and feared forms of theft such as bank robberies, convenience store robberies, street and highway robberies, and gas station robberies. Employers steal billions of dollars from their employees each year by working them off the clock, by failing … Continue reading

The Skills Gap in US – The ‘not me’ syndrome: the Report

Sixty-one percent of Americans believe that today’s workforce is plagued by a skills gap, but do not see themselves as part of the problem, according to new data released today. The Udemy Skills Gap Index, an independent survey commissioned by Udemy, the leading global marketplace for learning and teaching online, and conducted by ResearchNow, surveyed 1,000 … Continue reading

Job Quality in Europe – Groups with multiple disadvantages

This report, based on data from the fifth European Working Conditions Survey (EWCS), aims at identifying occupations in Europe that have multiple disadvantages, thereby making it difficult for people to stay in these jobs. Occupations where job quality is consistently low are labelled ‘occupations with multiple disadvantages’. These occupations score relatively poorly on all four … Continue reading

Displaced Workers in US – From January 2011 through December 2013, 4.3 million workers were displaced from jobs

From January 2011 through December 2013, 4.3 million workers were displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics… This was down from 6.1 million workers for the prior survey period covering January 2009 to December 2011. In January 2014, 61 percent of workers displaced from 2011 … Continue reading

Canada – The cost of running the Canada Pension Plan has more than tripled research finds

The cost of running the Canada Pension Plan has more than tripled, the result of transaction fees and external management fees, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. The study, Accounting for the True Cost of the Canada Pension Plan, spotlights the costs of administering … Continue reading

Youth Transitions in Europe – Those countries with quicker and more successful school-to-work transitions are those where young people leave home earlier says report

Young people in Europe continue to experience great difficulties in entering the labour market. Although the youth unemployment rate in a few Member States has started to fall, overall 23% of young European job-seekers aged 15–24 could not find a job in January 2014. In 2012, 14.6 million young people across Europe were not in … Continue reading

US – Between 1979 and 2013, productivity grew 64.9 percent while hourly compensation of production and nonsupervisory workers grew just 8.0 percent.

The poor performance of American workers’ wages in recent decades—particularly their failure to grow at anywhere near the pace of overall productivity—is the country’s central economic challenge. Indeed, it’s hard to think of a more important economic development in recent decades. It is at the root of the large rise in overall income inequality that … Continue reading

Credential Inflation – An increasing number of job seekers face being shut out of middle-skill, middle-class occupations by employers’ rising demand for a bachelor’s degree

An increasing number of job seekers face being shut out of middle-skill, middle-class occupations by employers’ rising demand for a bachelor’s degree. This credential inflation, or “upcredentialing” is affecting a wide range of jobs from executive assistants to construction supervisors and has serious implications both for workers not seeking a college degree and for employers … Continue reading

Unemployment in OECD – 12.1 Million more than before the crisis and wages stagnate (video)

Unemployment will remain well above its pre-crisis levels next year in most OECD countries, despite modest declines over the rest of 2014 and in 2015, according to a new OECD report. The Employment Outlook 2014 says that average jobless rates will decrease slightly over the next 18 months in the OECD area, from 7.4% in mid-2014 … Continue reading

Nigeria – 4.5 Million new jobs required annually report says

A report by the Nigeria Stability and Reconciliation Programme, NSRP, indicates that Nigeria should create 4.5 million jobs annually to tackle the high level of unemployment in the country. It added that concerted effort made towards attaining the target would create enduring benefits to Nigeria and the entire African continent. The report, which was made … Continue reading

Youth unemployment in Australia – The Brotherhood of St Laurence has just released a new report

The Brotherhood of St Laurence has today released a new report on the growing scourge of youth unemployment and underemployment in Australia, which is at the worst level since records began in 1978, with more than 580,000 Australians aged 15 to 24 either under-employed or unemployed: Today, young people are more likely to be underemployed … Continue reading

Employment Rate in Canada and the United States since the Last Recession – Both flat

The employment rate corresponds to the percentage of the working-age population that is employed. It allows the interpretation of employment growth in relation to population growth. Employment growth that is greater than population growth can be indicative of an improvement in the state of the labour market. The employment rate increases (decreases) when employment growth … Continue reading

Wages in US – Post Great-Recession wage declines were especially pronounced for maids and housekeeping cleaners, home health aides, personal care aides, food preparation workers and restaurant cooks

[The National Employment Law Project has] calculated the percentage change in real median hourly wages from 2009 to 2013 for 785 occupations, which were grouped into quintiles, each representing approximately one-fifth of total employment in 2013. The labels in Figure 1 show the 2013 median hourly wage for the lowest- and highest-paid occupations within each … Continue reading

US – The leisure and hospitality industry accounted for almost 1 out of every 5 nonfarm jobs added during the recovery

The most recent employment downturn was historic in many ways, but most notably, in the substantial number of jobs lost.  Data from the Bureau of Labor Statistics Current Employment Statistics (CES) survey show that total nonfarm employment fell by 8.7 million jobs between the employment peak in January 2008 and the employment trough in February … Continue reading

US – The education gap is a main reason for the growing income divide says Standard & Poor

Technological achievement has saved us time and reconfigured our daily routines, allowing us to focus on our own skills and boosting productivity and growth. These advances are naturally disruptive in the beginning as workers adjust; that disruption becomes alarming when people don’t have the means to adapt, making a lasting impact on career development. Although … Continue reading

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