Job Market Monitor
Michel Cournoyer
Job Report, US, April 2017 – Total nonfarm and unemployment rate was little changed at 4.4 percent
Total nonfarm payroll employment increased by 211,000 in April, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in leisure and hospitality, health care and social assistance, financial activities, and mining. Household Survey Data Both the unemployment rate, at 4.4 percent, and the … Continue reading
Job Report, Canada, April 2017 – The lowest unemployment rate since October 2008
Employment was little changed in April, while the unemployment rate declined 0.2 percentage points to 6.5%, the lowest rate since October 2008. The decrease was mostly the result of fewer youth searching for work. Compared with 12 months earlier, there were 276,000 (+1.5%) more people employed and the unemployment rate was 0.6 percentage points lower. Over the same period, the total number of hours worked … Continue reading
Over-Education in Canada – The effects on life satisfaction weaker in the immigrant population
The increased migration of skilled workers globally has led to a focus in the immigration literature on the economic costs of unsuccessful labour market integration. Less attention has been given to the consequences of employment difficulties, such as those related to over-education, on aspects of immigrants’ subjective well-being. Although a large proportion of immigrants experience … Continue reading
Dropouts in Europe – Early leaving from education and training (ELET) structural indicators
Early leaving from education and training (ELET) is a serious issue in many EU countries and has attracted the attention of many researchers, policy-makers and educators. Although the situation varies between countries and the underlying reasons for leaving school early differ from student to student, the process leading up to it has a number of … Continue reading
Grads Employability in Europe – Structural indicators
This publication presents some structural indicators on graduate employability in 40 European education and training systems. It examines whether countries use regular labour market forecasting to improve the employability of graduates; moreover, other indicators include the involvement of employers in external quality assurance procedures, requirements or incentives given for student work placements; the availability of … Continue reading
Education, Training and The Future of Work – Five majors issues
Some 1,408 responded to the following question, sharing their expectations about what is likely to evolve by 2026: In the next 10 years, do you think we will see the emergence of new educational and training programs that can successfully train large numbers of workers in the skills they will need to perform the jobs … Continue reading
Immigration in US – About one-fifth of the world’s migrants
The U.S. has more immigrants than any other country in the world. Today, more than 40 million people living in the U.S. were born in another country, accounting for about one-fifth of the world’s migrants in 2015. The population of immigrants is also very diverse, with just about every country in the world represented among … Continue reading
High School Dropouts in Canada – 8.5% of men and 5.4% of women aged 25 to 34 had less than a high school diploma, representing about 340,000 young in 2016
Western countries have the highest levels of educational attainment in the world. Many individuals, however, do not have a high school diploma and consequently do not have any certification from the school system. For example, among Canadians aged 25 and over in 2016, 14% reported that their highest level of education was “less than high … Continue reading
Gender Differences in Occupations in US – Risk aversion and attitudes toward competition, a clear scope for future
The differential sorting of men and women into different occupations could be an important channel through which gender wage differences are maintained. At the same time, the same factors that lead men and women to choose different occupations may also have a direct effect on the gender wage gap. Over the last decade, labor economists … Continue reading
International Students in Canada – Their average labour market outcomes lag behind their Canadian-born counterparts
In response to substantial provincial funding cuts through the 1990s combined with a declining postsecondary-aged domestic student population, Canada’s postsecondary institutions are increasingly tapping into the international student market for their tuition revenues. Complementing this increase, the Canadian government has in recent years made a number of important changes to its immigration policies easing the … Continue reading
Class of 2017 in US – Underemployment rates among young graduates have improved but remain higher than before the recession began
After years of elevated unemployment and depressed wages, young graduates’ economic prospects have finally begun to brighten. Members of the Class of 2017 have better job prospects than their peers who graduated in the aftermath of the Great Recession. Unemployment rates for young high school and young college graduates have returned to within one percentage … Continue reading
Girls in STEM – There is a narrow, four-year window of opportunity to foster girls’ passion in STEM
Across 35 European countries1, fewer than 1 in 5 computer science graduates are women. Interest in science, technology, engineering and math (STEM subjects) drops off far too early. In fact, the OECD’s Programme for International Student Assessment (PISA) reveals that boys are far more likely than girls to imagine themselves as ICT professionals, scientists or … Continue reading
Youth Guarantee in Europe – 14 Million young people have entered since January 2014
Since 2013, the Union and its Member States have engaged in an ambitious strategy to reduce youth unemployment. Following a proposal from the Commission, all Member States adhered to the establishment of a Youth Guarantee, which is a political commitment, in the form of a Council recommendation of April 2013, to give every young person … Continue reading
Unemployement in Europe, March 2017 – 9.5% in the Euro Area, 3.883 million among under 25
The euro area (EA19) seasonally-adjusted unemployment rate was 9.5% in March 2017, stable compared to February 2017 and down from 10.2% in March 2016. This is the lowest rate recorded in the euro area since April 2009. The EU28 unemployment rate was 8.0% in March 2017, down from 8.1% in February 2017 and from 8.7% … Continue reading
Digital Talents Gap – Developing them among the existing workforce
Companies are trying a variety of unconventional methods to bring in digital talent. Facebook, for example, has “acquihired” the employees of more than a dozen companies—buying these companies as much or more for the employees as for the business itself. Meanwhile, Citigroup and others are introducing online gaming apps, either as recruiting tools or to … Continue reading
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