Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

The Working Poor in US – The highest among seventeen affluent democratic nations (as of 2000)

In-work poverty became a prominent policy issue in the United States long before the term itself acquired any meaning and relevance in other industrialized countries. With America’s embrace of an employment-centered antipoverty strategy, the working poor have become even more of an issue. This paper reviews some key trends, drivers and policy issues. How much … Continue reading

Immigrants Literacy Skills – A gap equivalent to 3.5 years of schooling OECD finds

Immigrants have weaker literacy skills than native-born adults on average and the gap is the equivalent of 3.5 years of schooling. On average, about two-thirds of the difference in literacy proficiency between foreign- born and native-born adults is explained by how well immigrants have mastered the host country’s language and where they acquired their highest … Continue reading

Skills Gap in US – How CEOs are helping to close it

Closing the skills gap is a work in progress, but business leaders are moving forward on several fronts to tackle this challenge. Business Roundtable has highlighted some of the ways that America’s largest employers are working with academia to increase the pipeline of skilled and diverse workers to join their companies and to upgrade and transform the … Continue reading

Summer Jobs – Forty years ago, nearly 60% of U.S. teenagers were working or looking for work. Last year, just 35% were

“It is getting harder to find students that will work,” says Toby Wolf, director of marketing at the boardwalk. “Each year it’s getting harder and harder. None of us has been able to pinpoint why. Is it a change in society as a whole?” The numbers are not encouraging. Forty years ago, nearly 60% of … Continue reading

Bombardier – To cut up to 2,200 jobs in Germany

Canada’s Bombardier will cut up to 2,200 jobs in Germany, or around a quarter of its workforce in the country, by 2020 as part of a sweeping savings plan, Bombardier Transportation’s supervisory board Chairman Wolfgang Toelsner said. There are no plans for plant closures, he told journalists at a news conference on Thursday. Bombardier said … Continue reading

ICT Immigrants in Ontario – Prioritized under a new strategy implemented for the week beginning June 26

Candidates in the Express Entry pool for immigration to Canada with work experience in the Information and Communications Technology Sector (ICT) are being prioritized for immigration by the province of Ontario, under a new strategy implemented for the week beginning June 26. The update to the Ontario Immigrant Nominee Program (OINP) concerns the Human Capital … Continue reading

Seattle’s Minimum Wage – The study from the Center on Wage and Employment Dynamics (CWED) at UC Berkeley’s Institute for Research on Labor and Employment

This brief on Seattle’s minimum wage experience represents the first in a series that CWED will be issuing on the effects of the current wave of minimum wage policies–those that range from $12 to $15. Upcoming CWED reports will present similar studies of Chicago, Oakland, San Francisco, San Jose and New York City, among others. The … Continue reading

US – The average employment multiplier is 1.09 study finds

This paper estimates dynamic employment multipliers in a U.S. county during 1998-2015. On average,one exogenous tradable job gain creates 1.1 jobs in the rest of the county economy in the same year, but is offset by losses of 0.23 job one year later and 0.32 job two years later. The multiplier is modest during the … Continue reading

Rolls-Royce – Investment to protect 7,000 jobs

Rolls-Royce has pledged to protect 7,000 engineering jobs in the east Midlands as part of a £150m investment, its largest single outlay in the UK for more than a decade.  The engineering firm struck a deal with trade unions that will safeguard work for nearly a third of its 22,300-strong UK workforce for five years, … Continue reading

Employee Engagement in US – 13 Percent have “the passion of the explorer,”

AMERICAN companies will spend over $1 billion on employee engagement in 2017 and over $100 billion on training and development activities. Yet despite this investment, employee engagement remains low, at 34 percent. Perhaps more troubling: In an increasingly unpredictable business environment, most US workers, even those who are engaged, lack the disposition to embrace unexpected … Continue reading

Higher Education and Job in India – 27 Grads for each new job

The discourse on jobs has captured popular imagination in recent months. The availability of reliable data on employment in India, on the other hand, has always been sparse but we have culled out data from various government surveys (Labour Bureau, National Sample Surveys), from the Central Bank, the IT industry body and others to arrive … Continue reading

France – La réforme du Code du travail

La réforme du Code du travail, promesse phare d’Emmanuel Macron, est sur les rails : le projet de loi permettant de le modifier par ordonnances a été présenté mercredi en Conseil des ministres, avec comme principal objectif d’accorder plus de flexibilité à l’entreprise. Extraits choisis par le Moniteur de l’emploi . Lire la suite @ Code … Continue reading

School-to-Work Transition in Italy – A sclerotic labor market and a very inefficient and disorganized educational system

This essay has examined the Italian SWTR, which is a typical example of the European Mediterranean one where the role of the State is marginal as compared to that of the family. The latter has to bear the cost of the extremely slow transition period young people undergo on their way from education to a … Continue reading

Higher Education in US – Eight economic facts

The higher education sector itself is an important piece of the U.S. economy. In the fall of 2013, institutions of higher education that participated in Title IV federal financial aid programs employed almost 4 million people. The higher education sector also confers a large advantage to the United States in the global market for talent. … Continue reading

Overqualified Grads in US – 25 percent in 2015 based on a “good-fit jobs” approach

Recent studies have claimed that as many as 48 percent of college graduates are overqualified for the jobs they have, but this figure seems inconsistent with their comparatively higher earnings relative to earnings of workers without a college degree. To obtain that high mark, those studies classify many occupations that pay well as being a … Continue reading

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