Michel Cournoyer

Michel Cournoyer has written 9427 posts for Job Market Monitor

Refugees – Worldwide displacement tops 70 million

The number of people fleeing war, persecution and conflict exceeded 70 million in 2018. This is the highest level that UNHCR, the UN Refugee Agency, has seen in its almost 70 years. Data from UNHCR’s annual Global Trends report, released today, shows that almost 70.8 million people are now forcibly displaced. To put this in … Continue reading

Job vacancies in Canada, QI 2019 – Up for the 10th consecutive quarter

The number of job vacancies in the first quarter was 506,000, up 44,000 (+9.6%) from the first quarter of 2018. Over the same period, the job vacancy rate rose 0.2 percentage points to 3.1%, the fourth consecutive quarter over 3.0%. This was the 10th successive quarter with a year-over-year growth in both the number of … Continue reading

Extreme Poverty – Half in just 5 countries

Of the world’s 736 million extreme poor in 2015, 368 million—half of the total—lived in just 5 countries. The 5 countries with the highest number of extreme poor are (in descending order): India, Nigeria, Democratic Republic of Congo, Ethiopia, and Bangladesh. They also happen to be the most populous countries of South Asia and Sub-Saharan … Continue reading

Workforce Planning – A toolkit

The Workforce Planning Connect toolkit is a comprehensive resource designed to support small and medium-sized enterprises through the workforce planning process. The toolkit can be used to develop a complete workforce plan or to address a specific workforce challenge, opportunity or need within a business. Chosen excerpts by Job Market Monitor. Read the whole story at Downloads … Continue reading

Overeducated Young Workers in Europe – The role of fields of study for vertical educational mismatch

In general, the term overeducation refers to a job match in which the educational level of the worker clearly exceeds the educational requirements of the job. In the terminology of labour economics, this is often considered a vertical skill mismatch, as opposed to horizontal mismatches (workers choosing jobs with requirements outside the scope of their … Continue reading

Job Polarisation in the UK – The large increase in graduate numbers contributed to it

The increasing ability of technology to replace workers in performing easier-to-codify “routine” tasks has been singled out in the literature as the main driver of “job polarisation”, i.e. the decline in the share of mid-pay mid-skill jobs observed in several developed countries. Recent contributions, however, have highlighted that the occupational wage patterns observed in many … Continue reading

Job Vacancy Rate in Europe, Q1-2019 : At 2.3% (EA19)

The job vacancy rate in the euro area (EA19) was 2.3% in the first quarter of 2019, stable compared with the previous quarter and up from 2.1% in the first quarter of 2018, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was 2.4% … Continue reading

The Future of Work – The case of India

The overall job landscape in the country is evolving rapidly. Current job surveys that focus on employment in the traditional sectors no longer provide an accurate representation of job creation. Growth of e-commerce and technology-based sectors is leading to the creation of new job ecosystems, which are becoming a large sources of employment. Informal employment … Continue reading

The Levy and Apprenticeship in Small Firms in England – 92 per cent are held by 16-24 year olds

This report shines a light on the impact of the apprenticeship reforms on small businesses in England. It should inform Government decision-making to improve the system, feeding into the ongoing Review of the Apprenticeship Levy and the upcoming Spending Review. This report is based on quantitative and qualitative data collated from FSB members. It is … Continue reading

Poverty – Breaking it through education : The Pathway program

A recent IZA Discussion Paper by Adam M. Lavecchia, Philip Oreopoulos and Robert S. Brown delivers encouraging evidence that comprehensive student support programs can indeed lead to meaningful, long-run labor market benefits, including higher employment rates and earnings and a reduced reliance on social assistance. Student support program in one of Toronto’s poorest community The … Continue reading

Job Report in Canada, April 2019 – Employment rose by 107,000 and unemployment at 5.7%, historically low in Quebec

Employment rose by 107,000 in April, with notable gains in part-time work for youth. The unemployment rate declined by 0.1 percentage points to 5.7% as more people participated in the labour market. On a year-over-year basis, employment grew by 426,000 (+2.3%), with gains in both full-time (+248,000) and part-time (+179,000) work. Over the same period, total hours worked were up 1.3%. Employment up … Continue reading

L’Emploi au Québec, Avril 2019 – Chômage à 4,9 %, le plus bas taux depuis que les données sont disponibles

Au Québec, l’emploi a progressé de 38 000 en avril, et le taux de chômage a diminué de 0,3 point de pourcentage pour s’établir à 4,9 %, ce qui représente le taux le plus bas depuis 1976, année où des données comparables sont devenues disponibles. Par rapport à 12 mois plus tôt, l’emploi dans la province a progressé de 75 000 (+1,8 %), la totalité de la hausse s’étant … Continue reading

The Future of Work – How does technological change affect the labour market?

Technological change has major implications for the labour market (Figure 2.1). It affects the volume of work available, the nature of work, and pay rates for different workers, and it can be very disruptive. The impacts of technological change can be complex to disentangle, for several reasons. First, more than one impact can occur at … Continue reading

Reconnaissance des Qualifications des Immigrants par les Ordres au Québec – Une information déficiente

Le Conseil interprofessionnel du Québec (CIQ) a retenu les services de la firme Léger pour sonder un nombre significatif de diplômés hors Québec (DHQ) qui ont reçu une décision de reconnaissance partielle de l’équivalence de leur diplôme ou de leur formation de la part d’un ordre professionnel et qui ont décroché du processus de reconnaissance … Continue reading

Vocational Education Matters – Strong systems are based on strong career guidance, links with the labour market and flexible curricula

Vocational education has not always had the best reputation. Vocational programmes are often technical in nature, and their graduates typically expect lower incomes relative to those who complete general or academic tracks. As a result, vocational education is generally perceived as a track for low-achieving students, or an alternative for those who drop out. But … Continue reading

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