Job Market Monitor
Michel Cournoyer
Global Skills Mismatch – Affects 1.3 billion people worldwide is imposing a 6% annual tax on the global economy
A skills mismatch that affects 1.3 billion people worldwide is imposing a 6% annual tax on the global economy in the form of lost labor productivity. Boston Consulting Group (BCG) explores this and other findings in its report titled Fixing the Global Skills Mismatch, which is being released today. According to the report, the skills … Continue reading
Over-education of Immigrants in Canada – A much higher likelihood of over-education than US peers
Canada and the United States are two major immigrant destinations with distinct immigration policies. The two countries also differ in immigration level and economy size, but their government structures, economic systems and social environment have many similarities. These similarities and differences provide a useful setting for comparative immigration research. This study assesses the degree of … Continue reading
Construction Workers in Ontario – Retaining employees in the skilled trades
Compared to workers in most other sectors in Canada, construction workers are happier, more satisfied, and more fulfilled. Many regard their own occupations as practically ideal for them: The wages and benefits are excellent. It challenges their body and mind. They are always learning. They find their work stimulating. They … Continue reading
Le Compte Personnel de Formation (CPF) en France – Qu’est-ce que c’est ?
LE COMPTE PERSONNEL DE FORMATION, C’EST : permettre à toute personne active, dès son entrée sur le marché du travail et jusqu’à la date à laquelle elle fait valoir l’ensemble de ses droits à la retraite, d’acquérir des droits à la formation mobilisables tout au long de sa vie professionnelle. Le compte personnel de formation … Continue reading
France – Le Répertoire national des certifications professionnelles (RNCP)
Q. Qu’est-ce qu’une certification professionnelle ? France compétences a parmi ses missions l’instruction des demandes d’enregistrement au Répertoire national des certifications professionnelles (RNCP). L’article L.6113-1 du Code du Travail créé par la loi n°2018-771 du 5 septembre 2018 pour la liberté de choisir son avenir professionnel précise que « les certifications professionnelles enregistrées au RNCP … Continue reading
L’Appli Mon Compte Formation en France – 1 200 000 visiteurs entre le 21 et le 30 novembre
1 200 000 visiteurs entre le 21 et le 30 novembre ! Une durée moyenne de visite de 07 : 28 minutes, ce qui est énorme sur Internet. 8,24 pages visitées par visite unique – la moyenne se situant généralement vers 4-5 pages. Un taux de rebond de seulement 24.92% – le taux de rebond (bounce rate en … Continue reading
Compte Personnel de Formation en France – L’appli va bouleverser les pratiques dans l’enseignement supérieur
Présent sur l’appli CPF, le Cnam propose déjà une petite quinzaine de parcours certifiants découpés en blocs de compétences. Face à ce nouveau marché, l’établissement public a dû adapter son offre et renforcer sa communication. Pour une vieille maison comme le Cnam (Conservatoire national des arts et métiers), née dans le siècle des Lumières, l’appli … Continue reading
Digital Skills Most In Demand in Job Postings in Canada – Not highly technical programming languages, but everyday digital skills
To illuminate the different combinations of skills that Canadians need to be competitive in the labour market, we have partnered with Burning Glass Technologies (Burning Glass) to examine job posting data from January 2012 to December 2018. This data covers all of the English- language online job postings in Canada, and reflects the combination of … Continue reading
Postes Vacants au Québec (T3 2019) – 137 530, une augmentation de de 16,2 % en un an
Au Québec, le nombre de postes vacants a augmenté de 16,2 % (+19 100) comparativement au troisième trimestre de 2018. Les hausses se sont réparties entre plusieurs secteurs d’activité, et près de la moitié d’entre elles étaient attribuables au commerce de détail, ainsi qu’aux soins de santé et à l’assistance sociale. Dans la province, des augmentations du nombre de … Continue reading
Gig Economy in Canada – Rose from 5.5% to 8.2% between 2005 to 2016, with low annual income
The gig economy is a much-discussed global phenomenon, and mainstream and social media continue to speculate about the number of gig workers in Canada. Gig workers are usually not employed on a long-term basis by a single firm; instead, they enter into various contracts with firms or individuals (task requesters) to complete a specific task … Continue reading
Future of Work – The challenge is not that they create too few jobs, but rather that too few workers have the skills
The challenge that all new technologies pose is not that they create too few jobs, but rather that too few workers have the skills to fill them. Just as some jobs benefit from the new technologies, while others become obsolete, so, too, some skills become more valuable, while others are substitutable. The automobile boosted the … Continue reading
Economics – The big story over the last decade
Low interest rates have left the Fed backed into a corner David Wessel One of the biggest economic stories of the 2010s is interest rates and how low they are. At the beginning of the decade, the Congressional Budget Office forecast that the yield on 10-year Treasury bonds would average around 5% during the 2010s. … Continue reading
Two Recessions and Recoveries in US – The trajectories side-by-side
The Great Recession of 2007-2009 was one of the deepest downturns of the U.S. economy since World War II. Triggered by crises in the housing and financial markets, the recession evokes memories of homes in foreclosure, the collapse of Lehman Brothers, and bailouts for businesses in the auto, banking and financial sectors. The subsequent expansion began … Continue reading
Labour Costs in Europe (Q3 2019) – Annual growth at 3.1% in EU28
Hourly labour costs rose by 2.6% in the euro area (EA19) and by 3.1% in the EU28 in the third quarter of 2019, compared with the same quarter of the previous year. In the second quarter of 2019, hourly labour costs increased by 2.8% and 3.2% respectively. These figures are published by Eurostat, the statistical … Continue reading
Job Vacancies in Europe (Q3 2019) – Euro area rate at 2.2%
The job vacancy rate in the euro area (EA19) was 2.2% in the third quarter of 2019, down from 2.3% in the previous quarter and up from 2.1% in the third quarter of 2018, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was … Continue reading
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