Economy

This tag is associated with 2244 posts

Canada – Moores a reçu 231 470 dons de vêtements pour plus de 60 organismes

La première impression est un facteur déterminant dans une entrevue d’emploi. Des entrevues menées auprès de directeurs et de recruteurs des ressources humaines ont permis de révéler que le sort d’un candidat est décidé dans les cinq premières minutes d’une entrevue. La majorité des personnes interrogées affirment qu’une tenue décontractée peut nuire à la candidature d’un … Continue reading

Job Market in US – There may be some lingering slack FRBSF says

The U.S. economy is looking quite good. Growth is on a solid trajectory, and the FOMC’s maximum employment goal is in sight. Risks from abroad are unlikely to overturn strong U.S. fundamentals. Still, the exact timing of an initial interest rate increase will depend on convincing evidence that inflation is heading back toward target. The … Continue reading

UK – The job market looks like it might be slowing down

After years of defying gravity and outperforming the rest of Europe, Britain’s job market looks like it might be slowing down. That means that renewed worries about an imminent rise in British rates, which have just resurfaced this week following hawkish remarks from Bank of England Governor Mark Carney and outgoing rate-setter David Miles, might … Continue reading

Canada – Interest rate drops to another record low as a recession is feared

The Canadian dollar has plunged to its lowest point since 2009, and the country’s clouded political future became even murkier as the Bank of Canada dropped its key interest rate to a record low for the second time this year, confirming that the national economy is shrinking as the country heads into an election. Bank … Continue reading

The FED / Yellen’s Semiannual Testimony – Total increase in employment since its trough to more than 12 million jobs

Since my appearance before this Committee in February, the economy has made further progress  toward the Federal Reserve’s objective of maximum employment, while inflation has continued to run below the level that the Federal Open Market Committee (FOMC) judges to be most consistent over the longer run with the Federal Reserve’s statutory mandate to promote … Continue reading

Canada – Cities where jobs are booming. But, is the Labour Force Survey right ?

You’d think that, as the epicentre of Canada’s oil industry, Calgary would be bleeding jobs these days. But apparently you’d be wrong. And you’d think that, with few signs in the data of a pickup in manufacturing and exports, Greater Toronto’s job market would be stumbling along. But, again, you’d be wrong. These two cities … Continue reading

Full-time Employment in Canada since 1976 – Was increasing until the Great Recession Stat Can finds

In aggregate, the percentage of people employed full time has increased slightly since the mid-1970s. Of all individuals aged 17 to 64 who were not attending school full time, 66% were employed full time as employees or self-employed workers in 2014, up from 62% in 1976. The full-time employment rate reached a high of 68% … Continue reading

Millions trapped at bottom of economic ladder OECD says

The OECD Employment Outlook 2015 says that around 42 million people are currently without work across the OECD, down from 45 million in 2014 but still 10 million more than just before the crisis. Unemployment in the 34 OECD countries is projected to continue declining over the next 18 months to reach 6.5% in the last quarter of … Continue reading

Nigeria unemployment rate at 7.5% for the first three months of 2015- How it is calculated

The claim by Nigerian statisticians that the country’s unemployment rate nowadays stands at less than 10% was met with scepticism. “My reaction is simple: I don’t believe the statistics of the National Bureau of Statistics,” a union leader told the newspaper Leadership. And in a report headlined “Outraged Nigerians blast govt over 6.4% unemployment claim” the … Continue reading

Job Report in US – Payroll employment rises by 223,000 in June; unemployment rate declines to 5.3%

Editor’s note: While the establishment survey says that payroll employment rose by 223,000 in June, the household survey indicates that the number on people employed dropped by 56 000. This kind of result is not unusual, but it tends to come near turning points. Next months and other indicators will tell us. Total nonfarm payroll employment … Continue reading

US – Gallup’s Job Creation Index at Record High of +32 (June 2015)

Gallup’s U.S. Job Creation Index remained high in June at +32. The index score — based on 43% of workers saying their employer is hiring workers and expanding the size of its workforce and 11% saying their employer is letting workers go and reducing the size of its workforce — is the same as what … Continue reading

US Job Market – Confidence strongest since Great Recession

Consumers are growing more upbeat about the U.S. labor market, with confidence reaching the highest levels since around the start of the Great Recession, according to a report released Tuesday. “The number of consumers reporting that labor conditions were bad has now declined for three months in a row, a reflection of the continued robust … Continue reading

Canada – The economy shrank 0.1% in April

Canada’s economy shrank by 0.1 per cent in April as a large drop-off in the value of domestically made goods wasn’t offset by a slight increase in output from the service sector. Statistics Canada said Tuesday that the economy has contracted every month this year. The goods-producing sector contracted by 0.8 per cent. The service sector, meanwhile, … Continue reading

Italy – Employment is rising but wage growth remains suppressed

Although wage growth remains suppressed, rising employment and improved sentiment are aiding consumer spending. Italy’s currency is represented by CurrencyShares Euro Trust (NYSEARCA:FXE). In May, the wage figure came in at an annual pace of 1.1%, below the previous month’s reading of 1.2%. After peaking at over 4% in 2009, wages have significantly declined to … Continue reading

Employment Growth Rates in Canada – Most firms exhibit little organic growth StatCan finds

Studies on job growth typically seek answers to questions such as: What is the source of the growth of jobs? Does job growth lie predominantly in small, large, young or old firms? Where is job growth strongest? Where is it most volatile? An earlier Statistics Canada study, published in The Daily on July 5, 2012, showed that … Continue reading

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