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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

Canada – Business entry rate declined from 24.5% to 13.1% from 1983/1984 to 2011/2012 finds StatCan

Firm entry and exit are an important source of dynamism that is essential to a well functioning economy. The entry of new firms is an important source of productivity growth and technology adoption while exit removes less productive firms. Based on a new set of linked, experimental data for the period 1983/1984 to 2011/2012, Canada’s … Continue reading

College and Employability in US – How are they doing and what are employers looking for?

How are colleges doing? Nearly seven out of ten employers surveyed indicated that colleges are doing a “good” or “excellent” job when it comes to producing successful employees; however, more work is required to change the minds of the 31% of respondents who gave colleges a “fair” to “poor” rating. HR has the most favorable … Continue reading

Welfare in US – TANF has provided basic cash assistance to fewer and fewer needy families

Eighteen years ago, the Temporary Assistance for Needy Families (TANF) block grant was created as a part of the 1996 welfare reform law to replace the Aid to Families with Dependent Children (AFDC) program.  Welfare reform provided states with a fixed block grant in exchange for greater flexibility in how they could use the funds.  … Continue reading

Unemployment in the US – The rate varied across race and ethnicity groups BLS finds

In 2013, the overall unemployment rate for the United States was 7.4 percent; however, the rate varied across race and ethnicity groups. The rates were highest for Blacks (13.1 percent) and for American Indians and Alaska Natives (12.8 percent) and lowest for Asians (5.2 percent) and for Whites (6.5 percent). The jobless rate was 9.1 … Continue reading

Cost Competitiveness – The old worldview now appears to be out of date

For the better part of three decades, a rough, bifurcated conception of the world has driven corporate manufacturing investment and sourcing decisions. Latin America, Eastern Europe, and most of Asia have been viewed as low-cost regions. The U.S., Western Europe, and Japan have been viewed as having high costs. But this worldview now appears to … Continue reading

US – 71 percent are adequately prepared for retirement RAND finds

While many believe that Americans are in terrible shape when it comes to being financially prepared for their “golden years,” new evidence indicates that the news may not be as dire as previously thought. Moving away from previous studies that focused on income replacement rates, a recent report from the RAND Corporation looks instead at … Continue reading

US – Headcount additions remain highly targeted in the face of ongoing skills gaps and rising wage pressure says PwC

In the first quarter of this year, 63% of Trendsetter companies told us they’d add staff in the next quarter, the highest level we’ve seen in several years. So we weren’t particularly surprised when the US Bureau of Labor Statistics announced that June’s unemployment rate had dropped to 6.1%. In fact, average unemployment in 2Q14 … Continue reading

Insects in US – Occupational injuries and illnesses

Although not often associated with injuries and deaths at the workplace, insects, arachnids, and mites were involved in 83 fatal occupational injuries from 2003 to 2010.1 The majority of these workplace deaths were due to bee stings. Annual nonfatal work-related injury and illness case counts involving insects, arachnids, and mites that led to days away … Continue reading

Income inequality in US Metro Areas – Rising in more than 2 in 3

Income inequality appears to have grown in more than 2 in 3 metropolitan areas from 2005 to 2012, according to one rough measure, a new study finds. The study, released by the U.S. Conference of Mayors, explores how the Great Recession affected wages and income in hundreds of metropolitan statistical areas — population and economic hubs … Continue reading

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