The report, No-Vacation Nation Revisited, is a comprehensive review of the latest available data on international standards for paid vacation and paid holidays.

Workers in the European Union are legally guaranteed at least 20 paid vacation days per year, with 25 and even 30 or more days in some countries. Canada and Japan guarantee at least 10 days of paid vacation per year. U.S. workers have no statutory right to paid vacations.

“The United States is the only advanced economy in the world that does not guarantee its workers paid vacation days and paid holidays,” said John Schmitt, senior economist and co-author of the report. “Relying on businesses to voluntarily provide paid leave just hasn’t worked.”

The gap between paid time off in the United States and the rest of the world is even larger when legal holidays are included. U.S. law does not guarantee any paid holidays, but most rich countries provide between 5 and 13 per year, in addition to paid vacation days.

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via United States Still a No-Vacation Nation | Press Releases.

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Canada / Are Temporary foreign workers filling gap or depressing wages?

News that a consortium of mostly Chinese companies will seek permission to use exclusively Chinese labour for underground work in four proposed B.C. coal mines has blown the lid off a simmering debate over the dramatic increase in the use of Canada’s temporary foreign worker program. The Harper government, which only last spring announced measures … Continue reading»

Canada / People don’t want to move out of province Bank Canada research finds

In theory, this need not be a crippling blow for the national economy. In the above scenario, rational Ontarians should follow the money and migrate to Alberta to take advantage of the boom times. But as a team of Bank Canada economists remind in an excellent new study (pdf), Canada doesn’t really work this way. … Continue reading »

Atlantique / Comment expliquer qu’il y ait tant de chômeurs saisonniers et de travailleurs temporaires en même temps?

Assurance-emploi : l’Atlantique demande une suspension de la réforme  Les premiers ministres des quatre provinces de l’Atlantique demandent au gouvernement de Stephen Harper de suspendre les changements apportés à l’assurance-emploi. Ils veulent que le gouvernement étudie en profondeur l’impact de la réforme du programme dans la région. Les premiers ministres ont pris cette position lors de leur … Lire la suite »

Canada – Temporary Foreign Worker Program – Recruiters in China are charging $12,500

News that a company backed by Chinese state-owned steelmakers plans to bring more than 200 Chinese miners to work temporarily in its coal mines in northern B.C. has put a much-needed spotlight on Canada’s Temporary Foreign Worker Program, as has news that recruiters in China are charging $12,500 a head for access to these mining … Continue reading »

Addressing members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) here on Thursday as part of an initiative titled ‘Doing business with the U.S.’, Ms. McIntyre pointed to statistics showing trade between the two countries is on an upward trajectory. “Trade between the two countries is expected to cross $100 billion and economic ties are at an all-time high. American firms generated 3.55 lakh jobs in India between 2007 and 2011, and India is the fourth fastest growing source of foreign direct investment (FDI) in the U.S.”

According to her figures, U.S. exports to India have gone up by four times and exports to the U.S. from India have gone up by 1.8 times. She said that despite these encouraging developments, India was still only the 13th largest trading partner for the U.S. “Given the size of our economies, we have enormous untapped potential before us,” she said.

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via ‘U.S. firms generated 3.5 lakh jobs in India during 2007-11’ | The Hindu.

So where does this figure of 50% come from? From Eurostat, the European statistics agency. It uses two measures of youth unemployment: one is calculated on the basis of all young people (this so-called unemployment ‘ratio’ gives the 22% figure) and the other on the basis of those in the labour force, ie, actively employed or seeking employment. It is the second formula (or unemployment ‘rate’) which puts Spanish youth unemployment at 55%. This formula makes sense among adults, especially men, practically all of whom are likely to work or seek work until retirement age. But applying it to an age group where most people are still in education or training distorts its meaning, even if it sheds some light on the subject. The problem is that Eurostat only publicises the second figure and not the first.

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via Dispelling The Myth: Youth Unemployment In Spain – Analysis Eurasia Review.

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There is no issue more important than Global Youth Unemployment

Last week, Secretary Kerry made his first speech as Secretary of State at the University of Virginia where he spoke about the importance of our foreign policy, especially for young people.  He said “In countries across North Africa and the Middle East, the majority of people are younger than 30 years old.  About half are … Continue reading »

UE / Youth unemployment has been around long before the crisis

One of the more tragic outcomes of the euro crisis has been the gut-wrenchingly high youth unemployment rates.  More than half of the young people in Greece and Spain are looking for work. “Europe is facing an often-cited “lost generation” which experiences long periods of unemployment or unstable jobs during their first working years, with … Continue reading »

Germany / To Help Spain, Portugal and Greece and Greece on youth unemployment

The German government on Wednesday (22 May) announced a series of conferences and bilateral programmes to help youngsters from Spain, Portugal and Greece find a job, as regional statistics show 17 times more unemployed youngsters in northern Greece compared to Bavaria. According to the EU’s statistical office Eurostat, youth unemployment in the northern-Greek region of … Continue reading »

According to the EU’s statistical office Eurostat, youth unemployment in the northern-Greek region of Dytiki Makedonia stood at 72.5 percent in 2012, followed by the Spanish regions of Ceuta (70.6%) and Canarias (62.6%).

At the opposite end of the scale were the German regions of upper Bavaria (4.2%), Tuebingen (4.5%) and Freiburg (4.8%).

The average youth unemployment rate among all 27 EU countries stood at 22.9 percent in 2012 and over a fifth of these 15-24 year olds were out of a job for over a year, Eurostat said.

“Europe’s actions in fighting youth unemployment will decide about the legitimacy of the European project,” German finance minister Wolfgang Schaeuble said in a press conference in Berlin.

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via EUobserver.com / Regions & Cities / Germany and Greece: huge gulf in youth unemployment.

In the week ending May 18, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 23,000 from the previous week’s revised figure of 363,000. The 4-week moving average was 339,500, a decrease of 500 from the previous week’s revised average of 340,000.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending May 11, unchanged from the prior week’s revised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 11 was 2,912,000, a decrease of 112,000 from the preceding week’s revised level of 3,024,000. The 4-week moving average was 2,995,250, a decrease of 23,750 from the preceding week’s revised average of 3,019,000.

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via ETA Press Release: Unemployment Insurance Weekly Claims Report.

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Jobless Claims in U.S. Decreased More Than Forecast Last Week 

Fewer Americans than projected filed applications for unemployment benefits last week, a sign that the job market is sustaining recent gains…

Falling dismissals could lay the groundwork for a hiring pickup should the economy be able to overcome the federal budget cuts that are projected to curb the expansion. Federal Reserve Chairman Ben S. Bernanke yesterday said the job market is still weak, one reason why policy makers will continue buying bonds in a bid to keep interest rates low and spur growth.

“Some of the encouraging news on the economy has been initial claims, they haven’t made a definitive move higher,” said Ryan Sweet, senior economist at Moody’s Analytics in West Chester, Pennsylvania. “The hiring has been the missing piece.”

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via Jobless Claims in U.S. Decreased More Than Forecast Last Week – Bloomberg.

Ford Australia chief executive Bob Graziano made the announcement as he revealed a loss of 141 million Australian dollars ($136 million) after tax in the last financial year, with losses of 600 million Australian dollars over the last five years.

“Unfortunately we will cease our manufacturing operations in October 2016. As a result, approximately 1,200 jobs will become redundant when those sites close,” he said.

Mr Graziano said the decision was the result of local manufacturing being “driven by increasingly challenging market conditions — including market fragmentation and the high cost of manufacturing”.

The jobs will go at Ford’s Broadmeadows and Geelong manufacturing plants in Victoria state, which will close.

“We know this announcement is very difficult, especially for our employees,” Mr Graziano said .

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via Ford to cut 1,200 jobs, stop production in Australia – NDTVProfit.com.

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Ford / More Jobs And Vacations Skipped

Pent-up demand for new vehicles, along with a rebounding economy and a surging stock market, is bringing car buyers out in droves. On Wednesday, Ford Motor said it will add an additional 200,000 units of annual capacity this year — almost the equivalent of opening another assembly plant in North America. The extra capacity at … Continue reading »

But now some are questioning whether that is enough. The big problem in a suburb such as Husby, where immigrants represent about 80 percent of the population, is unemployment, particularly among the young. Swedish youth unemployment stands at 25.1 percent, about triple the level of overall joblessness. And much of that youth unemployment is concentrated among immigrants from countries such as Iraq, Afghanistan or Syria.

“Sweden isn’t that different to other countries when it comes to problems of integration in larger cities where we have these suburbs with a lot of unemployment,” says Per Adman, an associate professor at Uppsala university. He points out that the media often refers to “unemployed young men” without specifying that they are predominantly immigrants.

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via Stockholm riots raise questions about immigration policy – The Washington Post.

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• BBC News – Stockholm restaurant torched as riots spread
• Stockholm Riots Continue for Third Night – WSJ.com.
• Stockholm riots spreading, youths burn down cultural centre – The Globe and Mail.

With the official data on labor markets infrequent — and, in some cases, misleading — alternative indicators take on an added significance. China Real Time took advantage of China’s glut of recent graduates to have an unpaid intern find the best guides to the state of hiring and firing.

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via Seeking Help — For China’s Labor Market – China Real Time Report – WSJ.

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China / Jobless fears as record 6.99 million graduates hit market

A record 6.99 million students – an increase of 190,000 compared to last year – will graduate from China’s higher education institutions this year. But graduate unemployment, a scourge in recent years, shows no sign of easing for the class of 2013. Local media in a number of Chinese regions have been declaring 2013 as … Continue reading »

China / What’s going on in its labor markets

Understanding unemployment and wage growth are crucial for understanding developments in the world’s second largest economy, not to mention the future price of everything from Nike sneakers to Apple iPhones. The official data is improving, with new information on migrant worker and private sector wages. But it remains scarce and in some cases unreliable, especially … Continue reading »