Michel Cournoyer

Michel Cournoyer has written 10487 posts for Job Market Monitor

Digitalisation and Jobs in Europe – Social dialogue plays a critical role

Research into the transformative potential of the digital revolution tends to take a quantitative approach in an attempt to monitor changes in employment levels due to digitalisation. The fear of potential job losses and negative disruption brought about by digital technologies has permeated the policy debate on digitalisation. In contrast, this report, based on case … Continue reading

COVID-19 Lockdowns and Jobs in Europe – ‘Furloughed’ workers accounted for around two-thirds of the decline in hours worked at the height of the crisis

The [Coronavirus Disease 2019] COVID-19 pandemic closed or limited many economic activities in 2020, with far-reaching impacts on the labour market. Employment losses at the outset of the pandemic were sharper than those experienced during the global financial crisis. Even greater declines in hours worked arose as a result of the widespread state-supported furloughing of … Continue reading

Seniors Care Workers in Canada – Well-below the international average : 100,000 are wanted

Canada’s number of seniors care workers, relative to the senior population receiving care, is well-below the international average. In Canada, as in many other countries, the growth in the number of nurses and personal support workers providing institutional, residential, home and community care has not kept pace with the growth of the senior population. The … Continue reading

The Great Resignation and Reskilling – Online training is a stepping stone to resigners’ next opportunities

With the unprecedented number of resignations across the country and the surging interest we’ve seen in short-term reskilling opportunities, Cengage wanted to learn more about the Great Resignation—who are these “resigners,” as we refer to them in this report, and why are they quitting their jobs? What opportunities are they exploring next, how will they … Continue reading

Aging and Immigration in Europe – In addition to their integration into the labor force, the human capital of migrants is thus also a major determinant of their economic impact

This paper provides a systematic, multidimensional demographic analysis of the degree to which negative economic consequences of population aging can be mitigated by changes in migration and labor-force participation. Using a microsimulation population projection model accounting for 13 individual characteristics including education and immigration-related variables, we built scenarios of future changes in labor-force participation, migration … Continue reading

International Students in Canada – An increasing number have engaged in the labour market over the past decade

The number of international students has grown considerably worldwide, primarily from developing countries to Western developed countries. In recent years, Canada has led other major Western countries in the growth of international students. The opportunity for international students to work in Canada after graduation and to potentially become permanent residents, and ultimately Canadian citizens, is … Continue reading

Future of Work – Challenges and opportunities for social partners and labour institutions

The profound change sweeping through the world of work involves four major drivers: technological innovation, demographic shifts, climate change and globalization. It poses serious challenges, but also opens new opportunities for social dialogue and the role of the social partners, together with public authorities, in the governance of the world of work. While social dialogue … Continue reading

Participation in US – Labor market exits and entrances are elevated

Although people out of the labor force continue to enter each month at elevated rates, two findings suggest particular risk for the labor market outlook going forward: (1) the exit rate out of the labor market is generally more elevated among those without a four-year postsecondary degree and (2) people who are unemployed continue to … Continue reading

Labor Force Participation in US – Why Isn’t it recovering?

While the unemployment rate continues to fall quickly, labor force participation has made no progress since August 2020. In this US Daily, we examine where labor force participation remains weak and potential explanations for its underperformance. Most of the 5.0mn persons who have exited the labor force since the start of the pandemic are over … Continue reading

Skills – Why are microcredentials important

‘Microcredentials are not objectives in themselves. They are tools.’ This was the key message highlighted at Cedefop’s conference on microcredentials last November. Over 200 participants joined the event, representing 40 countries in Europe and beyond, demonstrating that the topic of microcredentials and changing qualification landscapes is of global appeal and concern. WHY ARE MICROCREDENTIALS IMPORTANT? … Continue reading

Truck Driver Shortage in US – Will hit a historic high of just over 80,000 drivers in 2021

The American Trucking Associations estimates that in 2021 the truck driver shortage will hit a historic high of just over 80,000 drivers. This figure is the difference between the number of drivers currently in the market and the optimal number of drivers based on freight demand. While all sectors in the industry struggle with finding … Continue reading

Labour Markets in 2022 – ILO downgrades its forecasts (+video)

The International Labour Organization (ILO) has downgraded its forecast for labour market recovery in 2022, projecting a deficit in hours worked globally equivalent to 52 million full-time jobs, relative to the fourth quarter of 2019. The previous full-year estimate in May 2021 projected a deficit of 26 million full-time equivalent jobs. While this latest projection … Continue reading

Gender Gap in Job Displacement – Women face growing higher earnings losses

Existing research has shown that job displacement leads to large and persistent earnings losses for men, but evidence for women is scarce. In fact, there is more research on how women react to their husband’s job loss than to their own. Using a sample of more than 80,000 displaced workers extracted from German administrative data, … Continue reading

AI and Jobs – No clear relationship but AI is linked to higher employment growth in IT occupations

Recent years have seen impressive advances in artificial intelligence (AI) and this has stoked renewed concern about the impact of technological progress on the labour market, including on worker displacement. This paper looks at the possible links between AI and employment in a cross-country context. It adapts the AI occupational impact measure developed by Felten, … Continue reading

Individual Learning Accounts – Filling the training gaps

Individual learning accounts can make the right to training tangible for all but EU member states will need to raise their commitment. the commission proposes that member states set up personal accounts, with adequate training entitlements, for all adults of working age. Account owners could receive additional entitlements from their employer or other funders and … Continue reading

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