This tag is associated with 2267 posts

US – The productivity imperative and the labor markets

The productivity imperative The past 50 years have been a remarkable period for global GDP growth, which was driven in equal measures by expanding the labor pool and increasing the productivity of those worker. But one of those drivers is running out of steam. As the workforce ages in many of the world’s largest economies, … Continue reading

Job Report in US, January 2016 – American employers eased up on the gas

Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, … Continue reading

Job Report in Canada, January 2016 – Employment was virtually unchanged in January (-5,700 or 0.0%) and the unemployment rate edged up to 7.2%

In the 12 months to January, employment increased by 0.7% (+126,000). Over the same period, the unemployment rate rose from 6.6% to 7.2%, as the labour force grew at a faster pace than employment. There was little change in both full-time and part-time employment in January. However, compared with 12 months earlier, full-time work increased by 172,000 (+1.2%) while part time was little changed. … Continue reading

From a Labor Economy to a Talent Economy

With Byron Auguste, Managing Director, Opportunity@Work and Robert Hohman, CEO, Glassdoor.

Technology and Jobs – Is the Fourth Industrial Revolution failing the middle class?

While technology enters its next golden age, the percentage of adults working or looking for work is the lowest in almost 40 years in countries such as the United States. Is the Fourth Industrial Revolution failing the middle class? Chosen excerpts by Job Market Monitor. Read the whole story at  The Promise of Progress – World … Continue reading

Alberta – 19,600 Job losses last year

Alberta suffered its worst year for employment losses since the dark days of the National Energy Program and early 1980s recession, revised labour figures from Statistics Canada show. Statscan’s annual revisions of its national Labour Force Survey data ratcheted up Alberta’s job losses last year to 19,600, from the 14,600 the statistical agency originally reported … Continue reading

The 2015 job market in US before the last report

Overall, they will show a labor market that continues to recover from the Great Recession.  At the same time, a lack of progress on a number of fronts will suggest some serious longer-term problems, which existed before 2008 but were exacerbated by the recession and the slow (though steady) recovery since then. First, the good … Continue reading

The changing in the nature of employment – Corporations with tiny employment rolls and assets now achieve vast market capitalizations

The early 21st century has witnessed a sea change in the nature of employment and in the shape of the corporation in the United States. Employment has shifted from the career, to the job, to the task. In this paper, Jerry Davis argues that the death of the career and the rise of the gig … Continue reading

US – Low participation is the main explanation for depressed employment rates among prime-age Americans

Low participation is the main explanation for depressed employment rates among prime-age Americans.  Participation rates are not only low in comparison to levels seen before the Great Recession, they are also now below those in other rich countries.  Charts 2 and 3 compare employment-to-population rates among 25-54 year-olds in seven OECD member countries (Canada, France, … Continue reading

Mining – Anglo American to Cut 85,000 Jobs 

The pain among energy and mining producers is growing more acute as prices of global commodities continued their collapse on Tuesday.The newest victim is the London-based mining firm Anglo American. On Tuesday, the company announced a drastic restructuring, which includes expanding job cuts, suspending its dividend, reducing its business unit and cutting its assets. Anglo … Continue reading

US November Job Report – Total nonfarm payroll employment increased by a solid 211,000

Total nonfarm payroll employment increased by 211,000 in November, and the unemploymentrate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today.Job gains occurred in construction, professional and technical services, and healthcare. Mining and information lost jobs. Household Survey Data In November, the unemployment rate held at 5.0 percent, and the number … Continue reading

Canada November Job Report – Employment decreased by 36,000 (-0.2%) after the election

Employment decreased by 36,000 (-0.2%) in November, the result of losses in part-time work. The overall employment decline in November followed a similar-sized increase in October. The unemployment rate increased by 0.1 percentage points to 7.1% in November. Compared with 12 months earlier, employment increased by 124,000 or 0.7%, with all the growth in full-time work. Over the same period, the number of hours worked … Continue reading

Ireland – Unemployment rate down to its lowest level since 2008

The construction and industrial sectors delivered the most new jobs as a 59,400 increase in the number of full-time posts helped bring the unemployment rate down to its lowest level since 2008. Quarterly data published by the Central Statistics Office showed Ireland’s seasonally adjusted unemployment rate dropped to 9.1 per cent in July-September this year … Continue reading

Canada – Losing high-paying jobs for first time since recession

Canada has been losing high-paying jobs for the first time since the recession. David Madani of Capital Economics crunched the latest Statistics Canada numbers and found that “employment and income trends have worsened,” with a slowdown in the rise of lower-paying jobs and an outright loss of higher-income positions largely because of the oil shock. … Continue reading

Canada’s September 2015 Job Report – A decline of 62,000 in full time employment, but overall little changed

Employment was little changed for the fourth consecutive month in September (+12,000 or +0.1%). The unemployment rate increased by 0.1 percentage points to 7.1% as more people participated in the labour market. Part-time employment rose by 74,000 in September, which was largely offset by a decline of 62,000 in full time. Provincially, employment rose in British Columbia, Alberta, Manitoba, Nova Scotia, Saskatchewan and … Continue reading

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