Michel Cournoyer

Michel Cournoyer has written 10072 posts for Job Market Monitor

Covid and Change in Payroll Employment by Sector in US – A chart

Chosen excerpts by Job Market Monitor. Read the whole story @ Hutchins Roundup: Student debt, consumer spending, and more

Moving to Higher-Wage Jobs – While destination jobs can and should be viable options for workers without a bachelor’s degree, 89 percent of current job postings list a bachelor’s degree as a requirement

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

UI Weekly Claims in US – Below the 1 M line at 963,000

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

Post-Secondary Graduate Earnings in Canada – They vary by credential and the spread between higher and lower earners is wide and grows over time within each credential

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

Reskilling and Upskilling – Guidelines on Rapid Assessment in response to the COVID-19 crisis

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

Reskilling for Industry – Leaders are unprepared

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

From CERB to EI in Canada – 2.1 million are not eligible for EI under existing rules

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

Job Market in Canada – Still has long way to go despite jobs bounce says CIBC’s Benjamin Tal

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.

Older Workers – Ageist Language in Job Ads

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

Soft Skills Perceptions Gap – Employees seem to regard their skills more highly than do their employers

Purpose: Previous studies have shown that soft skills play a significant role in applicants’ employability and in the job search, recruitment, selection and hiring process. However, past research indicates a gap in perceptions of soft skills, between employees and employers. The present empirical research aims to explore this gap in perceptions and to suggest effective … Continue reading

Digital Literacy Skills Framework in Australia – Key Features

Key Features of the Digital Literacy Skills Framework The Digital Literacy Skills Framework describes the core skill across three interactive dimensions: • four levels of performance: Pre Level 1 Stage A and Stage B; Level 1; Level 2; Level 3 • four Performance Variables that may influence a person’s performance at any time: Support, Context, … Continue reading

COVID in Australia : JobKeeper Payment – There are compelling arguments to maintain it report says

The JobKeeper Payment is one of the largest fiscal and labour market interventions in Australia’s economic history. The JobKeeper Payment was developed in the second half of March in response to a steep deterioration in economic activity and employment. JobKeeper had three objectives: supporting business and job survival, preserving the employment relationship, and providing needed … Continue reading

Job Report in Canada (July 2020) – Employment rose by 419,000 (+2.4%), within 1.3 million (-7.0%) of its pre-COVID February level

Employment continues to rebound in July From February to April, 5.5 million Canadian workers were affected by the COVID-19 economic shutdown. This included a drop in employment of 3.0 million and a COVID-related increase in absences from work of 2.5 million. Employment rose by 419,000 (+2.4%) in July, compared with 953,000 (+5.8%) in June. Combined with gains of 290,000 in May, this brought employment to within 1.3 million (-7.0%) of … Continue reading

Job Report in US (July 2020) – Employment rose by 1.8 million and the unemployment rate fell to 10.2 percent, up by 6.7 percentage points since February

Total nonfarm payroll employment rose by 1.8 million in July, and the unemployment rate fell to 10.2 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In … Continue reading

L’Emploi au Québec, juillet 2020 – Hausse de 98 000 (+2,4 %), le ramenant à 94,4 % de son niveau observé avant la COVID-19

L’emploi au Québec a augmenté de 98 000 (+2,4 %) en juillet; cette augmentation s’ajoute aux hausses observées au cours des deux mois précédents et ramène l’emploi à 94,4 % de son niveau observé avant la COVID-19. La hausse de l’emploi observée en juillet est entièrement survenue dans le travail à temps partiel. Le taux de chômage a reculé de 1,2 point de … Continue reading

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