Job Market Monitor
Michel Cournoyer
Salary trends in Canada – 65% of workers are seriously considering leaving their current role
Did you know more than half of your team is ready to resign and move onto their next opportunity? Our Salary Guide reveals that 65% of workers are seriously considering leaving their current role, meanwhile 40% of you also told us you’re losing talent to higher pay being offered somewhere else. The great reset to … Continue reading
Improving Public Employment Services – Diagnostic tool and guide
Improving PES effectiveness is not a straightforward process; it entails parallel and simultaneous balancing efforts at both policy-making and operational levels. Engaging targeted action on various fronts can prove to be complex and often raises the question of how to reconcile conflicting priorities and competing agendas with increasing budget deficits. Using these guide and tool, … Continue reading
Job Report in US (November 2021) – Employment rose by 210,000, below expectations
Total nonfarm payroll employment rose by 210,000 in November, and the unemployment rate fell by 0.4 percentage point to 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined over the month. Household Survey Data … Continue reading
L’Emploi au Québec (Novembre 2021) – Augmentation de 46 000 et le chômage diminue de 1,1 point de pourcentage à 4,5 %
Après avoir progressé en septembre et avoir peu varié en octobre, l’emploi au Québec a augmenté de 46 000 (+1,1 %) en novembre. Le taux de chômage a diminué de 1,1 point de pourcentage pour s’établir à 4,5 %, soit un taux identique à celui observé en février 2020 avant la pandémie. Toute la hausse … Continue reading
Covid au Canada – L’aide du gouvernement a atténué les effets dans le secteur du divertissement et des loisir
L’industrie du divertissement et des loisirs a été touchée par les restrictions mises en place pour limiter la propagation de la COVID-19. En 2020, les revenus d’exploitation combinés des entreprises de cette industrie ont chuté de 19,9 % pour atteindre 9,9 milliards de dollars, et le produit intérieur brut (dollars enchaînés de 2012) de l’industrie a reculé de 35,6 %. Cependant, la baisse … Continue reading
Immigrant Labor and the US-born Elderly – Immigration allows more of them to age outside institutions research finds
Immigration allows more U.S. elderly to age outside institutions by lowering the cost of home-based care, find Kristin F. Butcher of Wellesley, Kelsey Moran of MIT, and Tara Watson of Williams College. The authors show that a 10-percentage point increase in the less educated, foreign-born share of the local labor force lowers the probability of … Continue reading
Postes Vacants au Québec (Septembre 2021) – Près de 280 000, le taux à 7,3
Postes vacants, employés salariés et taux de postes vacants selon les provinces et territoires, données mensuelles non désaisonnalisées Extraits choisis par le Moniteur de l’emploi. Lire la suite @ Postes vacants, employés salariés et taux de postes vacants selon les provinces et territoires, données mensuelles non désaisonnalisées
Wage Bargaining in US – A limited determinant of wage setting research finds
How wages are set is central to understanding the growth of wages and earnings, worker mobility, wage inequality, and the causes of unemployment. Bargaining models and explanations based on them assume that workers have the ability to negotiate compensation and that wages incorporate information about a worker’s outside option(s). With renegotiation, wages can adjust in … Continue reading
UI in US – States are using COVID relief funds to pay off unemployment insurance debt
Because the COVID-19 pandemic and ensuing recession led to skyrocketing unemployment rates in early 2020, 23 states were forced to take out federal loans to continue paying out unemployment insurance (UI) benefits. While interest was initially waived on these loans, these debts started to collect interest after Labor Day of 2021. In recent months, many … Continue reading
Ageism – Hiring managers perceived only about 15 to 18 percent of the 45-plus candidates they saw to be a fit
New research quantifies the struggles that midcareer workers—those 45 and over—worldwide face and suggests possible interventions to level the playing field. Roberta Fusaro: Just recently, you and your colleagues at Generation released a report that looks at the plight of workers age 45 and older. The findings suggest that people in this cohort are struggling, … Continue reading
Day Trading in Canada – More Canadians have turned to it following the pandemic
Although most Canadians are returning to in-person work, a significant rise in day traders observed throughout the pandemic shows no signs of letting up. With COVID-19 causing many Canadians to re-evaluate their financial standing, untold thousands have turned to day trading as a means of generating income (or at least attempting to). In fact, major … Continue reading
Job Report in US (October 2021) – Employment rose by 531,000 and unemployment to 4.6 percent
Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, with notable job gains in leisure and hospitality, in professional and business services, in manufacturing, and in transportation and warehousing. Employment … Continue reading
L’Emploi au Québec (octobre 2021) – N’a pratiquement pas varié et le chômage s’est établi à 5,6 %
Après avoir progressé en septembre, l’emploi au Québec n’a pratiquement pas varié en octobre et le taux de chômage s’est établi à 5,6 %. La RMR de Québec a continué d’afficher le taux de chômage le plus faible (3,8 %) de toutes les RMR, et la croissance de l’emploi sur 12 mois s’est poursuivie dans les services professionnels, scientifiques et … Continue reading
Population Aging in Canada – Would need to settle 2.85 million new Canadians immediately
If Canada was to rely solely on immigration to address the impending labour force shortage, it would need to settle 2.85 million new Canadians immediately in order to return to the 2019 OAD ratio. And arrivals would need, on average, to exceed 1.7 million people annually over the next decade to maintain that OAD ratio. … Continue reading
Migrations Internationales en 2020 – Les flux d’immigration permanente dans les pays de l’OCDE ont baissé de plus de 30 %
Les flux d’immigration permanente dans les pays de l’OCDE ont baissé de plus de 30 % en 2020, pour s’établir à environ 3.7 millions de personnes – soit le niveau le plus bas depuis 2003. Cette baisse pourrait même atteindre 40 %, en fonction des facteurs qui sont pris en considération. Toutes les catégories de … Continue reading
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