Job Market Monitor
Michel Cournoyer
Reskilling – Who is responsible?
From switchboard operator to film projectionist, three industrial revolutions down and we’ve already seen many jobs wiped from the face of the Earth. Emerging technology is rapidly dispensing P45s, pink slips or termination letters to the next round of workers. More than half the global labour force will need to start reskilling and reinventing how … Continue reading
Global Warming – Productivity losses equivalent to 80 million full-time jobs in the year 2030 ILO says
An increase in heat stress resulting from global warming is projected to lead to global productivity losses equivalent to 80 million full-time jobs in the year 2030, according to a new report from the International Labour Organization (ILO). Projections based on a global temperature rise of 1.5°C by the end of this century suggest that … Continue reading
The Key Players Needed in Every Strong Social Media Marketing Team
By Lucy Wyndham Social media has opened a new landscape for workers to define an occupational space unique to themselves. Candidates for employment are demonstrating their trust in social media as a job scouting tool, with 69% of active candidates being more likely to apply for a job at a company that manages their own employer brand. … Continue reading
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
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