Employment Situation in Latin America and the Caribbean is a twice-yearly report prepared jointly by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Office for the Southern Cone of Latin America of the International Labour Organization (ILO). The coronavirus disease 2019 (COVID-19) pandemic hit Latin America … Continue reading
The COVID-19 lockdown has resulted in record youth unemployment rates, which could adversely affect postsecondary graduates for years to come. Although it is too early to know which graduates will be worst hit, students entering college or university and having to select a program might benefit from knowing how well graduates from specific academic disciplines fared … Continue reading
Technology is advancing in leaps and bounds — and so is economic inequality, says writer Chrystia Freeland. In an impassioned talk, she charts the rise of a new class of plutocrats (those who are extremely powerful because they are extremely wealthy), and suggests that globalization and new technology are actually fueling, rather than closing, the … Continue reading
The purpose of the Guide is to provide practical and actionable recommendations for effective teleworking that are applicable to a broad range of actors; to support policymakers in updating existing policies; and to provide a flexible framework through which both private enterprises and public sector organizations can develop or update their own teleworking policies and … Continue reading
For all the anecdotes and speculation about working from home during the pandemic, there is still little systematic evidence about how employees have changed their day-to-day work activities as a consequence of these unexpected shocks. In particular, how have employees changed their patterns of digital communication — e.g., meetings and emails — to compensate for … Continue reading
Understanding what we can and cannot learn from previous recessions is important for the current downturn- there are some similarities, but also some marked distinctions. The starkest difference is the occurrence of a discrete, immediate lockdown of some sectors. This contrasts with the archetypical recession in which economic activity slows down continuously, as firms shut … Continue reading
Chosen excerpts by Job Market Monitor. Read the whole story @ Hutchins Roundup: Student debt, consumer spending, and more
Prior to the COVID-19 pandemic, a common concern expressed by CEOs of American companies was that the United States suffers from a shortage of qualified talent, which makes it difficult for their companies to fill their most in-demand jobs in management, technology, and healthcare. Yet there is a population of people who are rarely considered … Continue reading
In the week ending August 8, the advance figure for seasonally adjusted initial claims was 963,000, a decrease of 228,000 from the previous week’s revised level. The previous week’s level was revised up by 5,000 from 1,186,000 to 1,191,000. The 4-week moving average was 1,252,750, a decrease of 86,250 from the previous week’s revised average. … Continue reading
Choices about post-secondary education (PSE) launch individuals onto their future educational and career paths. These decisions are vitally important to Canada’s economic prosperity as well to many individual and social outcomes. Against this backdrop, this joint LMIC-EPRI report provides extensive new evidence on the labour market earnings of PSE graduates. Key findings Earnings vary by … Continue reading
Skills development has an important role to play in the immediate effort to lessen the impact of COVID-19 while the pandemic is active, in building the resilience of workers and firms, and in preparing for recovery. Time is of the essence in this response, to help speed recovery from recession, to get people back to … Continue reading
The future of work will require two types of changes across the workforce: upskilling, in which staff gain new skills to help in their current roles, and reskilling, in which staff need the capabilities to take on different or entirely new roles. Our research suggests that the reskilling challenge will be particularly acute in operationally … Continue reading
Fast Facts As of August 2, 4.7 million Canadians were receiving the CERB. Based on the July Labour Force Survey (LFS), 1.4 million CERB recipients are eligible for EI under existing EI rules. Of that group: 811,000 would receive EI but would get less than $500 a week; on average, those making less on EI … Continue reading
CIBC Deputy Chief Economist Benjamin Tal speaks with Financial Post’s Larysa Harapyn about the latest Canadian unemployment numbers, and what might happen as the government transitions CERB recipients into an updated EI program.
We study the relationships between ageist stereotypes – as reflected in the language used in job ads – and age discrimination in hiring, exploiting the text of job ads and differences in callbacks to older and younger job applicants from a resume (correspondence study) field experiment. We develop and implement methods to explore the role … Continue reading