Job Market Monitor
Michel Cournoyer
Fields of Study across OECD – Disturbing facts
This edition of Education at a Glance focuses on fields of study, analysing various indicators through the prism of young adults’ career choices. Results show that the most common field of study in which tertiary students enrol is business, administration and law, whereas science, technology, engineering and mathematics, commonly referred to as the STEM fields, … Continue reading
Low unemployment is failing to spur robust increases in wages
Even as job markets are tight in many major economies, low unemployment is failing to spur robust increases in wages, leaving workers angry. In many major countries, including the United States, Britain and Japan, labor markets are exceedingly tight, with jobless rates a fraction of what they were during the crisis of recent years. Yet workers … Continue reading
Job Report in US, September 2017 – Employment down by 33,000 after hurricanes
The unemployment rate declined to 4.2 percent in September, and total nonfarm payroll employment changed little (-33,000), the U.S. Bureau of Labor Statistics reported today. A sharp employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey. Chosen excerpts by Job … Continue reading
L’Emploi au Québec, septembre 2017 – Pratiquement inchangé pour un troisième mois consécutif
Au Québec, l’emploi global est demeuré pratiquement inchangé pour un troisième mois consécutif. En septembre, une baisse de 25 000 au chapitre du travail à temps partiel a été en grande partie contrebalancée par une hausse du nombre de personnes travaillant à temps plein. Au cours de la période de 12 mois ayant pris fin en septembre, l’emploi dans la … Continue reading
Job Report in Canada, September 2017 – Employment and unemployment essentially unchanged
Employment was essentially unchanged in September (+10,000 or +0.1%). The unemployment rate remained at 6.2%, matching the low of October 2008. Chart Unemployment rate Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, September 2017
Zone Euro, QII 2017 – Le taux d’emplois vacants s’est établi à 1,9%
Le taux d’emplois vacants s’est établi à 1,9% dans la zone euro (ZE19) au deuxième trimestre 2017, stable par rapport au trimestre précédent et en hausse par rapport au taux de 1,7% enregistré en deuxième trimestre 2016, selon les chiffres publiés par Eurostat, l’office statistique de l’Union européenne. Le taux d’emplois vacants dans l’UE28 s’est … Continue reading
Euro Area, August 2017 – The unemployment rate was 9.1% with 754 million young persons unemployed under 25
The euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in August 2017, stable compared to July 2017 and down from 9.9% in August 2016. This remains the lowest rate recorded in the euro area since February 2009. The EU28 unemployment rate was 7.6% in August 2017, down from 7.7% in July 2017 and from 8.5% … Continue reading
NEETs in Europe – 60% of them belong because of labour market factors
Eurofound has identified seven groups within the category of NEET (aged 15–24) and using EU-LFS data has calculated the size of each. These groups are described below. Taken together, the figures for discouraged workers, the short- and long-term unemployed, and re-entrants suggest that around 60% belong to the NEETs group because of labour market factors. … Continue reading
VET in Europe – Only 48% whose education was primarily general in nature say they received information about it
In 2016 Cedefop launched its first ever opinion survey aimed at investigating EU citizens’ opinions on vocational education and training. A total of 35 646 face-to-face interviews were conducted with citizens of the Member States. The survey provides an unprecedented perspective on EU citizens’ opinions on awareness, attractiveness, experience and effectiveness of vocational education and training … Continue reading
Higher Immigration in Canada – Integration is imperative says the Conference Board
Comparing the Three Scenarios In the Status Quo scenario, real GDP grows by an average annual rate of 1.85 per cent between 2017 and 2040. Under the medium immigration scenario, the 450,000 immigrants arriving in Canada in 2040 contribute 0.45 percentage points to average annual real GDP growth of 1.94 per cent over the forecast … Continue reading
Individuals have to take more responsibility themselves looking after their skills
“One of the important things to bear in mind looking to the future is that individuals have to take more responsibility themselves looking after their skills and upgrading them.” John P. Martin Former OECD Director for Employment and renowned labour market expert John P. Martin has studied and compared labour market strategies worldwide. He told Cedefop’s policy … Continue reading
Canada – Chronic low income among immigrants increased from 15.8% in 2000 to 16.3% in 2004, but then declined to 12.3% by 2012
The study Chronic Low Income Among Immigrants in Canada and its Communities provides new evidence on the incidence of chronic low income among immigrants aged 25 or older during the 2000s as well as variations across 29 Canadian cities and regions. Chronic low income is defined as having a family income under a low-income cut-off for five or more consecutive … Continue reading
European Round Table of Industrialists – Building and transforming skills for a digital world
The ongoing digitisation of society and business enables new ways of living, producing and consuming. Some speak of a Fourth Industrial Revolution as new technologies disrupt current business models and offer opportunities. To remain competitive in this global digital market and to maintain our overall welfare, European industry is shaping and converting to this new … Continue reading
Aging – Japan’s recent experiences
As the third largest economy in the world and a precursor of global trends in population aging, Japan’s recent experiences provide important lessons regarding how demographic shifts affect the labor market and individuals’ economic well-being. On the whole, the labor market has shown a remarkable stability during the recent financial crisis, despite decades of economic … Continue reading
ICT Labour Market Outlook 2017-2021 in Canada – Digital talent demand of around 216,000 by 2021
During the period 2011 to 2016, the Canadian digital economy experienced a steady labour growth of around 2.38%, compared to that of 1.17% for the rest of the economy. The overall digital labour force now amounts to around 1,389,000 professionals, and is re ective of the health of this economy and the expanding range of … Continue reading
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