Job Market Monitor
Archive for
UK | Will barely avoid a double-dip recession says Ernst and Young ITEM Club
The UK has narrowly avoided a double-dip recession but will struggle for the rest of the year unless businesses stop hoarding cash and start investing, a forecaster warned today. Emergency measures from the Bank of England, European Central Bank and US Federal Reserve have boosted confidence and stabilised financial markets, pulling the UK back from … Continue reading
Credit Suisse | Jobs cut could reach 5,000
Swiss bank Credit Suisse could announce the loss of up to 5,000 jobs in its investment banking business at its forthcoming first-quarter results, a Swiss newspaper reported on Sunday.
UK | Ageism is back
After receiving thousands of rejection letters, 60-year-old Anthony Barlow decided to conduct an experiment. He had been on the dole for more than a year and was becoming convinced his age was the reason. So he responded to a job advert with two applications: one with his real age and another with a date of … Continue reading
Labour Market Regulations : Policy makers do not necessarily have a comprehensive approach
Mariya Aleksynska and Martin Schindler provide descriptive statistics showing that there exists substantial heterogeneity in labor market institutions across regions and income groupings, and that much of the sample variation is driven by institutional changes over time in low- and middle-income countries in Labor Market Regulations in Low-, Middle- and High-Income Countries: A New Panel Database published bu imf.org. (Adapted excerpts by … Continue reading
Columbus Casino | Over 600 will be hired
Hollywood Casino Columbus now is hiring for more than 600 full- and part-time dealer positions. Opening in the fall, the casino is recruiting team members for more than 100 table games, including 30 poker tables. Candidates can apply online at http://www.hollywoodcolumbus.com. “For our dealer positions, we need fun-loving people who are passionate about the business, … Continue reading
Algeria | Unemployment and Labor Market Issues
Davide Furceri analyzes unemployment and labor market developments in Algeria and assess the factors that may hamper employment creation in Unemployment and Labor Market Issues in Algeria published by imf.org.(adapted excerpts by Job Market Monitor) He suggests that the relative low output-employment elasticities and rigid labor market are the main factors behind the still high level of unemployment, particularly among the … Continue reading
Great Recession vs Great Depression : Not as deep but recovery much slower
The causes of the Great Recession were similar to the Great Depression – as opposed to most post war recessions that were caused by Fed tightening to slow inflation – and I’m frequently asked if we could compare the percent job losses during the two periods. Unfortunately there is very little data for the Great … Continue reading
Crazy Statistics about The European Crisis
doesntevenmakesense.com has gathered the following statistics about the European economic crisis that are ‘almost too crazy to believe….’ Greece #1 The Greek economy shrank by 6 percent during 2011, and it has been shrinking for five years in a row. #2 The average unemployment rate in Greece in 2010 was 12.5 percent. During 2011, the average unemployment rate was 17.3 … Continue reading
Detroit | At least 4,100 teachers get layoff notices
At least 4,100 Detroit Public Schools teachers have received layoff notices and are being told that they can reapply for their jobs next month. Detroit Federation of Teachers union President Keith Johnson told The Detroit News (http://bit.ly/HI0fpe) that that notices were sent by the district this week. The layoffs are effective Aug. 24, shortly before … Continue reading
Massachusetts | Career centers are key for Older Workers looking for jobs
Older job seekers told members of the state’s Jobs Creation Commission yesterday that career centers have given them the confidence and skills they need to try to re-enter the work force. State Sen. Karen Spilka, D-Ashland, and co-chairwoman of the commission, said at the hearing in Framingham Public Library the importance of career centers — … Continue reading
UK Youth Unemployment | From 6,000 to 50,000 on Jobseekers’ Allowance for more than one year
As recently as 2008 there were fewer than 6,000 18-24 year olds who had been on Jobseekers’ Allowance for more than a year. That number is now just under 50,000 – more than eight times as many. This is not just the recession and its aftermath: after falling back somewhat in the year to May … Continue reading
Netherlands | Long-term unemployement increases dramatically among lower educated
During the past two years, the number of people who were unemployed in the Netherlands for twelve months or more has risen noticeably: from 91 thousand in 2009 to 139 thousand in 2011. Long-term unemployment is much more frequently found in the age category 25-45 and among lower educated. Young people are often unemployed only … Continue reading
U.S. Taxes Rates | Wealthiest pay 40% less than 50 years ago while middle class pay roughly the same
Michael Greenstone and Adam Looney of The Hamilton Project – Brookings Institute examine the progressivity of the U.S. tax code and highlight two facts: the current U.S. tax system is less progressive than the tax systems of other industrialized countries, and considerably less progressive today than it was just a few decades ago. The figure below shows how much … Continue reading
Education still matters for unemployment
Despite gains in employment, uneducated workers are still three times more likely to be unemployed than college-educated workers. According to the latest report from the Bureau of Labor Statistics, the unemployment rate was 8.2% in March, which is a large improvement over the near-record high of 10.2% two years ago. While unemployment rates have improved for most workers, the … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 