Michel Cournoyer

Michel Cournoyer has written 8996 posts for Job Market Monitor

Artificial Intelligence – Creating both fear and hope among workers

What will be the effects of artificial intelligence on the workplace? Our survey respondents expect AI will have a large impact on the skills employees will need on the job. At the same time, they remain cautiously optimistic about AI’s overall effect on the workforce. Another year of AI experimentation and learning has left opinions … Continue reading

Social Inclusion, Poverty Prevention, Education, Labour-Market Access, Social Cohesion and Non-Discrimination In Europe – A survey of 1,058 experts

For most people, obtaining economic and social opportunities depends on access to labour-markets. Effective and flexible labour-markets allow economies to cope more easily with ageing and the disruptions of innovation and globalisation. Positive outcomes include the ability for women and men to reconcile work and family life adequately; young people’s ability to make a smooth … Continue reading

Europe – Youth employment is still not back to its pre-crisis level

Ten years after the economic crisis, youth employment in Europe is still not back to its pre-crisis level. This is especially true for countries in southern and eastern Europe. The report looks at the development of youth labour markets in the EU countries. It identifies groups of young people disproportionately affected by the crisis and … Continue reading

Job Programs in US – A positive effect on well-being research finds

Programs designed to help disadvantaged workers improve their labor-market prospects may have effects beyond improvements in employment rates and income. One possible supplementary effect is improvements in subjective well-being, or how participants feel about their current life situations. Subjective well-being is important because there are social costs related to lower levels of well-being, and because … Continue reading

Job Vacancies In Europe, Q2-2018 – At 2.1% in the euro area

The job vacancy rate in the euro area (EA19) was 2.1% in the second quarter of 2018, stable compared with the previous quarter and up from 1.9% in the second quarter of 2017, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was 2.2% … Continue reading

3 Key Jobs in the Gig Economy

By Lucy Wyndham – 16 million Americans are working in the so-called gig economy, doing alternative work. This can be either as a side job, as temporary emergency work or as a result of prioritising flexibility.  The gig economy can help to increase wealth by diversifying income streams, but it can also come with decreased job security and employee … Continue reading

Income and Poverty in US, 2017 – The official poverty rate decreased by 0.4 percentage points

The U.S. Census Bureau collects data and publishes estimates on income and poverty in order to evaluate national economic trends as well as to understand their impact on the well-being of households, families, and individu-als. This report presents data on income and poverty in the United States based on information collected in the 2018 and earlier Current … Continue reading

Future of Work and Worker Personality – Jobs that currently require more openness to experience or more emotional stability will be less susceptible to automatization

We present evidence suggesting that the so-called “fourth industrial revolution”, characterized by machine learning, big data, mobile robotics and cloud computing, may be skill-biased not only with respect to skills acquired through education, as available theoretical models and empirical evidence abundantly suggest, but also with respect to facets of noncognitive skills. Measuring the future direction … Continue reading

Immigrants in Germany – Obstacles are overcome only gradually and never fully

This paper provides an analysis of the labor market performance of immigrants in Germany. While immigrants make substantial contributions to the economy, this paper shows that they face more obstacles in the labor market than native workers, and that these obstacles are overcome only gradually and never fully. Some of the findings in this paper … Continue reading

Basic Skills in Australia – 99 per cent of employers are affected in some way by low levels of literacy and numeracy in their workforce

A new report released today by the Australian Industry Group has identified critical skill issues facing Australian businesses with 75 per cent of employers reporting skill shortages and 99 per cent are impacted by low levels of literacy and numeracy. These significant findings from the Australian Industry Group’s 2018 Workforce Development Needs Survey Report come … Continue reading

Future of Work in Europe – Innovation will create jobs in the future, but they will be in occupations other than those destroyed by technology

This STOA study investigates the potential employment effects of new information and communication technologies, by examining the relationship between innovation, new technologies, employment and inequality. It reviews the existing literature and experiences of previous technological revolutions, and argues that the race between job creation through new products, and job destruction from process innovation, has been … Continue reading

Economy in Europe – Industrial production fell for a second month in a row

In July 2018 compared with June 2018, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2018, industrial production fell by 0.8% in the euro area and by 0.5% in the EU28. … Continue reading

Job Openings in US – Exceed the number of job seekers by more than 650,000 in July

The number of available jobs in the U.S. exceed the number of job seekers by more than 650,000 in July—a gap that has been growing—in a sign of an increasingly tight labor market that is altering how employers find workers. Chosen excerpts by Job Market Monitor. Read the whole story at Job Openings Exceed Unemployed Americans Again … Continue reading

The Job Gap to Come – In need to create 734 million decent jobs between 2010 and 2030

Globally, an estimated 734 million jobs will be required between 2010 and 2030 to accommodate recent and ongoing demographic shifts, account for plausible changes in labour force participation rates, and achieve target unemployment rates of at or below 4 percent for adults and at or below 8 percent for youth. Two key features of the … Continue reading

Digital Workplace – Mathematics is inescapable

The mathematics discipline usually strikes fear into the hearts of most students and working-age adults in the U.S. A Google Scholar search of the terms “mathematics,” “students,” and “fear” returned 237,000 academic publications offering commentary on the subject; it is therefore not a stretch to assume that ‘math anxiety’ may be partially to blame for … Continue reading

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