Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

CBO’s 10-years Economic Outlook for US – The economy expands more slowly with debt on an unsustainable course

The Economy – In CBO’s economic forecast, which underlies its budget projections, the economy expands more slowly over the next decade than it did in 2018, averaging annual growth of 1.7 percent over the 2020– 2029 period. The slowdown begins in 2019 as the positive efects of recent tax legislation on business investment are expected … Continue reading

The Global Compact for Safe, Orderly, and Regular Migration – A commitment to pursue 23 objectives

Global governance of international migration received an upgrade in 2018. For the first time—and not without controversy—governments succeeded in negotiating an agreement to cooperate to make migration work better, with less danger and greater rewards. The Global Compact for Safe, Orderly, and Regular Migration is the first comprehensive framework of principles and objectives to guide … Continue reading

Job Report in EU, January 2019 – Unemployment at 7.8% with 3.375 million young persons unemployed

The euro area (EA19) seasonally-adjusted unemployment rate was 7.8% in January 2019, stable compared with December 2018 and down from 8.6% in January 2018. This remains the lowest rate recorded in the euro area since October 2008. The EU28 unemployment rate was 6.5% in January 2019, down from 6.6% in December 2018 and from 7.2% … Continue reading

Redundancy in UK – The shrinking of the retail workforce has been happening for 15 years now

The closure of some big names shops (think HMV) has been hogging the news for the last 15 months. But the truth is the shrinking of the retail workforce has been happening for 15 years now. From an economy wide perspective we might not worry – the reductions in retail jobs have easily been absorbed … Continue reading

Jobless Claims in US – At 10-month high

The number of Americans filing applications for jobless benefits increased more than expected last week and the number of people on unemployment rolls increased to a 10-month high, suggesting some slowing in the labor market. Chosen excerpts by Job Market Monitor. Read the whole story at U.S. jobless claims rise; continuing claims at 10-month high | Reuters

Digital Skills Certification – Increases a worker’s earnings but …

Newcomers often face difficulties breaking into labour markets. Even highly educated and skilled workers without work history often struggle to land their first jobs. An important reason for this is that it is difficult for prospective employers to be sure of such unproven workers’ productivity Pallais (2014). This is especially true in online labour markets … Continue reading

Robots Induce Polarisation OECD finds

This report analyses automation trends and its effect on employment in OECD countries. On average, robots are found to be associated with a reduction in employment in elementary occupations – those requiring the lowest levels of skills – and an increase in employment in high-skill occupation such as professionals and technicians. For occupations in the … Continue reading

Minimum Wage In Seattle – Increases labor costs, mildly reduces demand for low-wage jobs, but doesn’t increase prices

In this paper we revisit the question of how businesses respond to the minimum wage using evidence from a large minimum wage hike in Seattle. In 2014 the City of Seattle passed the Minimum Wage Ordinance, which raised the minimum wage to $15 over several years. We examine the minimum wage effect during the first … Continue reading

Autonomous Vehicle in US – How to cope with their effects on workers

How will the introduction and diffusion of autonomous vehicles (AVs) affect U.S. workers? This highly fraught question promises soon to loom large in hometowns and policy realms across the nation. Given Americans’ current reliance on cars and trucks for most of our transportation, the transition to self-driving vehicles will change many lives and livelihoods, likely … Continue reading

Garantie Jeunesse en France – 72% de jeunes accompagnés ont eu une “sortie positive”

Lancée en 2013, la garantie jeunes a permis d’accompagner 300.000 jeunes, dont 91.600 en 2018. 72% d’entre eux font l’objet d’une sortie positive, d’après le bilan publié ce 20 février 2019 par l’Union nationale des missions locales (UNML). 72% des jeunes accompagnés en garantie jeunes font l’objet d’une “sortie positive”, à savoir un accès à … Continue reading

Le Salaire des Jeunes et les Études Supérieures en France – Les plus diplômés ne profitent pas de l’amélioration

La poursuite d’études supérieures garantit toujours l’accès à des salaires plus élevés. Ainsi, comme pouvait le laisser espérer l’essor global du niveau d’études depuis les années 1990, les salaires en début de carrière ont dans leur ensemble progressé en deux décennies. Pour autant, les plus diplômés ne profitent pas de cette amélioration. La hiérarchie des … Continue reading

Salaires des Jeunes en Début de Vie Active en France – Les écarts se réduisent

Globalement, les salaires en début de carrière ont progressé en deux décennies. Si la poursuite d’études supérieures garantit toujours l’accès à des rémunérations plus élevées, les écarts de salaires avec les moins diplômés se réduisent. Une hiérarchie des salaires toujours en accord avec celle des diplômes En 20 ans, les niveaux d’études à la sortie … Continue reading

Minimum Wages in US – Three conclusions on the impacts

Minimum wages have been studied so extensively that it is rare to find a fresh angle that piques labor economists’ interest. Despite a mountain of literature, advances in empirical methods, and the availability of new data, definitive studies are scarcer than policymakers would hope to find. The empirical challenges researchers of the minimum wage face … Continue reading

2018 Corporate Diversity and Inclusion Report – There’s a long way to go when it comes to achieving a diverse workforce

Diversity and inclusion is an issue that is top of mind for many recruiters and talent executives in our current climate, for a number of reasons. The most critical one: the increasing body of evidence that indicates that diverse companies deliver superior nancial performance. There’s a long way to go when it comes to achieving … Continue reading

Employer Engagement in Education and Training – What the research tells us

This publication presents contributions from the 2018 International Conference on Employer Engagement in Education and Training. The conference brought together delegates and speakers from around the world, sharing perspectives on employer engagement in education and training. The conference was the fifth hosted by Education and Employers, the fourth by the Edge Foundation and the second … Continue reading

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