Michel Cournoyer

Michel Cournoyer has written 8043 posts for Job Market Monitor

Youth Unemployment – A systematic review of what improve labour market outcomes

This systematic review investigates the impact of training and skills development, entrepreneurship promotion, employment services, and subsidised employment interventions on the labour market outcomes of young women and men. The systematic and meta-analysis is based on evidence from 113 counterfactual-based impact evaluations of 107 active labour market programmes in 31 low-, middle- and high-income countries. … Continue reading

Muslim Immigrants in Western Europe – Terrorist attacks harms integration

The recent rise in the number and intensity of fundamentalist Islamic terrorist attacks occurring in several Western cities could, as it has in previous situations, inflame an aggressive socio-political atmosphere against Muslims. How does this affect the integration of Muslim immigrants? An IZA discussion paper by Ahmed Elsayed (IZA) and Andries de Grip (Maastricht University … Continue reading

Young People in EU – What are they doing ?

The European Union (EU) totals almost 90 million people aged 15-29, representing 17% of its population. These young people are in very different situations, with education and employment patterns varying considerably between Member States and by age group. Between the ages of 15 and 29, a clear and significant shift occurs from the world of … Continue reading

 Job Vacancy in Canada (first quarter 2016) – Declined by 72,000 (-17.9%)

There were 328,000 job vacancies among Canadian employers in the first quarter, and the job vacancy rate was 2.1%. Compared with the first quarter of 2015, the number of job vacancies declined by 72,000 (-17.9%), and the job vacancy rate decreased by 0.5 percentage points. Job vacancy rate declines in most provinces and territories From the first quarter of 2015 to the first quarter of 2016, … Continue reading

Minimum Wage in US – Only 5 percent of all employers believe the federal minimum wage ($7.25 per hour) is fair

Three-quarters of Americans (75 percent) are living paycheck-to-paycheck to make ends meet, according to a survey from CareerBuilder. Thirty-eight percent of employees said they sometimes live paycheck-to-paycheck, 15 percent said they usually do and 23 percent said they always do. While making ends meet is a struggle for many post-recession, those with minimum wage jobs … Continue reading

The work test for unemployment insurance (UI) recipients – Reduced time to reemployment by 1–2 quarters for permanent job losers

The work test for unemployment insurance (UI) recipients has been a central part of UI in the United States since the system began in the 1930s. In general, to be eligible for UI benefits, a claimant initially needs an adequate work history and must have lost her job through lack of work and no fault … Continue reading

Tomorrow’s Jobs – Explore the world of work in 2025 by The Future Laboratory and Microsoft

Explore the world of work in 2025 in a revealing evidence-based report by future consultants The Future Laboratory and Microsoft, which identifies and investigates ten exciting, inspiring and astounding jobs for the graduates of tomorrow – but that don’t exist yet. Virtual Habitat Designer  By 2025, virtual habitat design will offer some of the most … Continue reading

Employability – Education and training systems, labour markets, workers and workplaces will have to become more adaptable OCDE’S report says

Skill requirements are changing rapidly as a result of structural shifts 1. The speed and nature of globalisation, technological change and innovation, changes in work organisation, environmental change and demographic trends take very different forms across G20 countries. But in all of them, they are affecting what kind of work is done, who carries it … Continue reading

Digitalisation in the US – Significantly higher risk of job losses for workers with low wages

Digitalisation has a substantial impact on the labour market, by modifying skills needed, working conditions and job dynamics in the US. Concerning skills needs, individuals need new digital skills to respond to employers’ needs, but also to function well in society as whole. These skills range from basic digital literacy to advanced technical skills. Moreover, … Continue reading

The Teacher Pay Gap in US – Wider than ever

What this report finds: The teacher pay penalty is bigger than ever. In 2015, public school teachers’ weekly wages were 17.0 percent lower than those of comparable workers—compared with just 1.8 percent lower in 1994. This erosion of relative teacher wages has fallen more heavily on experienced teachers than on entry-level teachers. Importantly, collective bargaining … Continue reading

US – The erosion in labor mobility and entrepreneurship since 2000 can be more accurately explained by weak demand

Academics and policymakers have recently focused on a worsening economic phenomenon commonly referred to as the decline in “business dynamism,” that is, the declining rate at which new businesses are formed and the rate at which they grow. This decline in dynamism and entrepreneurship accompanies a decline in overall labor market mobility, including quits and … Continue reading

Skills – There is a greater demand for socio-emotional skills and higher-order cognitive skills than for basic cognitive or technical skills

Educators believe that they are adequately preparing youth for the labor market while at the same time employers lament the students’ lack of skills. A possible source of the mismatch in perceptions is that employers and educators have different understandings of the types of skills valued in the labor market. Using economics and psychology literature … Continue reading

Egypt – The problem of youth unemployment particularly affects university graduates

Put simply, youth unemployment is an issue that the Egyptian government must deal with urgently, undertaking immediate reforms and directing its full resources toward addressing it. It is unlikely that reforms will solve the issue right away, but if the government’s focus does not fully shift toward dealing with the problem, it and future governments … Continue reading

Unemployment in the Euro Area – 10.1% in June 2016, 20.8% for youth

The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in June 2016, stable compared to May 2016 and down from 11.0% in June 2015. This remains the lowest rate recorded in the euro area since July 2011. The EU28 unemployment rate was 8.6% in June 2016, stable compared to May 2016 and down from 9.5% … Continue reading

Our Time – Unprecedented Prosperity and Growing Economic Inequality and Uncertainty

We Live in a Time of Unprecedented Prosperity We have had a great run. The world has never been more prosperous than it is today. People around the world live longer, healthier lives than ever before. In emerging markets, billions of people have moved out of extreme poverty. In the developed world, we enjoy better … Continue reading

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