Job Market Monitor
Michel Cournoyer
Job Report in US (July 2022) – Total nonfarm payroll employment rose by 528,000 and unemployment edged down to 3.5 percent
Total nonfarm payroll employment rose by 528,000 in July, and the unemployment rateedged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Jobgrowth was widespread, led by gains in leisure and hospitality, professional andbusiness services, and health care. Both total nonfarm employment and the unemploymentrate have returned to their February 2020 pre-pandemic … Continue reading
L’Emploi au Québec ( Juillet 2022) – Le taux de chômage (4,1 %) a continué d’osciller autour d’un creux record
Après avoir reculé pendant deux des trois mois précédents, l’emploi est demeuré stable au Québec en juillet (NDLR : en fait un recul de 4 500), et le taux de chômage (4,1 %) a continué d’osciller autour d’un creux record. Ensemble du Canada L’emploi varie peu en juillet L’emploi a peu varié en juillet (-31 000) … Continue reading
The Middle Class in US – A steady contraction in the past five decades
The middle class, once the economic stratum of a clear majority of American adults, has steadily contracted in the past five decades. The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new Pew Research Center analysis of government data. The shrinking of the … Continue reading
Gender Gaps in Germany – Share of women rises most strongly in non-routine cognitive and manual occupations
The position of women in the labour market has been the subject of intense debate and scrutiny for a number of decades, especially in the context of the gender wage gap, but also with respect to relatively low female labour market participation. While the gender wage gap has substantially fallen over time in many industrialised … Continue reading
Current and Future Skills Needs in UK – Core transferable skills are often under-invested in by firms in comparison to firm-specific skills
This report provides an overview of the Skills and Productivity Board’s work to document the skills needs of the economy now and in future, with a view to identifying skills mismatches and growing areas of skills needs, both across the economy as a whole and in a small number of priority areas (Health, Science and … Continue reading
Formation en France – Pour un crédit d’impôt de 30% aux entreprises de moins de 250 salariés
Acteurs de la Compétence et Institut Sapiens : un crédit d’impôt de 30% Les Acteurs de la Compétence soutiennent depuis longtemps l’idée d’un crédit d’impôt sur la dépense de formation. Leur président Pierre Courbebaisse l’évoquait encore sur ce blog en septembre 2021. Il s’agirait d’accorder un crédit d’impôt aux entreprises de moins de 250 salariés … Continue reading
Les Microcertifications au Canada – Rempliront-t-elles leurs promesses ?
Les gouvernements doivent être attentifs à la manière dont les microcertifications sont développées et au rôle qu’elles jouent dans l’éducation et la formation au Canada. Les employeurs reconnaissent qu’il est logique d’investir dans la formation de la main-d’œuvre pour combler les lacunes en matière de compétences. Travailleurs et employeurs s’entendent sur l’utilité de formations courtes … Continue reading
Formation en France – 15 Propositions au regard de l’avenir
Sous l’effet de la loi de 2018 pour la liberté de choisir son avenir professionnel, le nombre d’apprentis a augmenté de 128 % entre 2018 et 2021 et le nombre d’utilisateurs du compte personnel de formation (CPF) a doublé chaque année. Les propositions des rapporteurs visent principalement à : la définition par le gouvernement, en concertation … Continue reading
Cisco Global Hybrid Work Study 2022 – It starts with investing in the technologies and tools needed to support work from anywhere
Cisco’s Global Hybrid Work Study 2022 shares global insights from 28,000 respondents to help companies and employees thrive in the future of hybrid work. Supporting the workforce of the future Operating and supporting a hybrid workforce starts with investing in the technologies and tools needed to support work from anywhere. In fact, technology support was … Continue reading
Skilled Trades in Canada – To do more to attract young Canadians
Latest research from the annual 3M State of Science Index reveals an overwhelming 96 per cent of Canadians agree that the country’s workforce needs more skilled trades workers. Inspiring and supporting the next generation of skilled workers will be crucial to Canada’s economic recovery and addressing Canada’s growing labour shortage. Despite Canadians thinking highly of … Continue reading
Job Cuts in US – Ford is preparing to cut as many as 8,000 jobs in the coming weeks
Ford Motor Co. is preparing to cut as many as 8,000 jobs in the coming weeks as the automaker tries to boost profits to fund its push into the electric-vehicle market, according to people familiar with the plan. Chosen excerpts by Job Market Monitor. Read the whole story @ Ford Job Cuts: 8,000 Roles Set to … Continue reading
Labour Shortages in Canada – Labour markets haven’t been this tight in decades
In nearly every Canadian industry and across every sector, a historic labour shortage is hitting companies hard. As of June 2022, businesses posted almost 70% more job openings in Canada than pre-pandemic. But these firms were competing for 13% fewer unemployed workers than were available in February 2020. The impact is severe: more than half … Continue reading
Gen Z and Education Pathways in US – Most prefer learning hands-on skills either in a lab/classroom or through on-the-job experiences
ECMC Group has released the latest data from its multi-year Question the Quo Education Pulse study of Gen Z teens. The latest findings point to a possible “new normal” for education that requires shorter, less expensive, more direct-to-career pathways in high-demand industries. This report highlights these findings as well as the trends uncovered in five … Continue reading
Inflation in Canada (June 2022) – 8.1% year over year, the largest yearly change since January 1983
The rate of consumer inflation continued to rise, reaching 8.1% year over year in June, following a 7.7% gain in May. The increase was the largest yearly change since January 1983. The acceleration in June was mainly due to higher prices for gasoline, however, price increases remained broad-based with seven of eight major components rising … Continue reading
Inflation in UK – Real wages fall at the fastest rate on record
Today’s labour market data tell us a bit more about how the labour market is responding to high inflation and the cost of living shock. We see some things we would expect, some things which may be surprising, and much that remains unresolved. The most eye-popping statistic in today’s labour market data is also the … Continue reading
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