Job Market Monitor
Michel Cournoyer
Post-secondary education – The proportion of 25-34 year-olds with upper secondary education or higher has almost doubled across OECD countries
As a result of the rapid educational expansion in the aftermath of the Second World War the proportion of 25-34 year-olds with upper secondary education or higher has almost doubled across OECD countries, from 43% in 1965 to 84% in 2015. In 1965, no OECD country had more than 80% of 25-34 year-olds attaining at … Continue reading
US – Immigrants will play the primary role in the future growth of the working-age population
For most of the past half-century, adults in the U.S. Baby Boom generation – those born after World War II and before 1965 – have been the main driver of the nation’s expanding workforce. But as this large generation heads into retirement, the increase in the potential labor force will slow markedly, and immigrants will … Continue reading
Corporate Tax Rates – On average, lower in 2012 than they were in 2004 in the United States and eight other G20 countries
CBO examines corporate tax rates—the statutory rates, as well as average and effective marginal rates—and the factors that affect them for the United States and other G20 member countries in 2012. How Do Average Corporate Tax Rates Differ by the Country of Incorporation? A U.S.-owned foreign company is one that is incorporated outside the United States … Continue reading
US Immigration – The most frequently sought-after statistics
While the overall immigrant population is at a numerical high, reaching 43.3 million people in 2015, the foreign-born share of the U.S. population (13.5 percent) remains below the 14.8 percent high recorded in 1890. Immigrants represented nearly 17 percent of the total civilian workforce in 2015. Of employed foreign-born workers, the largest share (31 percent) … Continue reading
Job Report in US, February 2017 – Total nonfarm payroll employment increased by 235,000, more than expected
Total nonfarm payroll employment increased by 235,000 in February, and the unemployment rate was little changed at 4.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in construction, private educational services, manufacturing, health care, and mining. Household Survey Data The number of unemployed persons, at 7.5 million, changed little in February. … Continue reading
US – Men are taking ‘women’s’ jobs
Jobs that were mostly female in 2000 and have become more male are lower-status jobs. The share of women who work in stores selling products and answering customer questions fell 10 percent; the share for crossing guards and counter clerks each fell 7 percent, and for textile workers it fell 5 percent. Men are much … Continue reading
UK – Higher and degree apprenticeships represent the cream of the crop
Higher and degree apprenticeships represent the cream of the crop. Typically lasting three to four years, higher apprenticeships provide students with a qualification at level 4 or level 5, equivalent to a foundation degree – although some are available at level 7. Offered in vocational areas, such as engineering, accountancy and law, higher apprenticeships still … Continue reading
Canada Europe Free Trade Agreement (CETA) – By 2023, a total of 227,000 jobs would be lost research finds
Proponents of the Comprehensive Economic and Trade Agreement (CETA) emphasize its prospective economic benefits, with economic growth increasing due to rising trade volumes and investment. Widely cited official projections suggest modest GDP gains after about a decade, varying from between 0.003% and 0.08% in the European Union and between 0.03% and 0.76% in Canada. However, … Continue reading
Women make up at least 40% of the workforce in more than 80 countries
Women make up at least 40% of the workforce in more than 80 countries, according to a Pew Research Center analysis of labor force statistics from 114 nations with data from 2010 to 2016. Across all of these countries, the median female share of the workforce is 45.4%. Chosen excerpts by Job Market Monitor. Read the … Continue reading
US – The unemployment rate is just one indicator
The unemployment rate is just one indicator of how the U.S. economy is doing, and it’s not always the best one. Simply being out of work isn’t enough for a person to be counted as unemployed; he or she also has to be available to work and actively looking for work (or on temporary layoff). In any … Continue reading
STEM Education in UK – 61 per cent felt that technical skills would have been more advantageous than academic skills
This report is not concerned with exams. It focuses on how well schools and educators are doing in helping students to develop the technical skills needed for successful careers. We surveyed STEM workers aged under 35 years to understand how they had made the journey from school to work, exploring not only their experience of … Continue reading
Women in EU – Only 1 manager out of 3
Nearly 7.3 million persons hold managerial positions in enterprises with 10 employees or more located in the European Union (EU): 4.7 million men (65% of all managers) and 2.6 million women (35%). In other words, although representing approximately half of all employed persons in the EU, women continue to be under- represented amongst managers. In … Continue reading
Skills – Non-cognitive abilities are declining with birth order research finds
Popular press is replete with articles and books touting the relationship between birth order and personality. However, due to data limitations, there is very little convincing evidence documenting these relationships. Using unique registry data from Sweden on a large sample of men, we are able to estimate the relationship between birth order and measures of … Continue reading
Robots – More education, and different kinds
Maybe the automation of jobs will eventually create new, better jobs. Maybe it will put us all out of work. But as we argue about this, work is changing. Today’s jobs — white collar, blue collar or no collar — require more education and interpersonal skills than those in the past. And many of the … Continue reading
Online education – Does it pay ?
Online education has been hailed by some politicians and higher education experts as an innovation with the potential to deliver courses and degrees to students who might not otherwise attend college at a fraction of the typical cost. But a new study is challenging that notion with evidence that, for most students, online education doesn’t … Continue reading
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