Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

US – SAT test and racial inequalities

The SAT provides a measure of academic inequality at the end of secondary schooling. Moreover, insofar as SAT scores predict student success in college, inequalities in the SAT score distribution reflect and reinforce racial inequalities across generations. In this paper, we analyze racial differences in the math section of the general SAT test, using publicly available … Continue reading

Employee Well-Being and Company Performance – The evidence

While evidence shows that better performing companies have happier employees, there has been much less research on whether happy employees contribute to better company performance. Finding causal relations between employee well-being and company performance is important for firms to justify spending corporate resources to provide a happier work environment for their employees. While correlational and … Continue reading

Integration – Language matters the most

In U.S., Canada, Europe, Australia and Japan, publics say language matters more to national identity than birthplace The tide of people moving across the world, be they immigrants or refugees, has sparked concern in Australia, Europe and the United States. In particular, the ethnic, linguistic and cultural background of migrants has triggered intense debates over … Continue reading

Skills Recognition – Recommendations for key stakeholders by ILO

The ILO has prepared this set of Recommendations on strengthening skills recognition systems, as countries seek strategies to enhance the employability of workers and the productivity of enterprises. The ILO conducted extensive research and case study analysis of the potential impact of such systems on labour markets, leading to the identification of lessons learned, good … Continue reading

US – Top 10 creative jobs in demand

Everyone knows the top-paying jobs are typically found in science and business. However, there are plenty of top-dollar career options for professionals whose passions are in the creative fields: coming up with new and original ideas, projects or products. CareerBuilder and Emsi compiled a list of the top 10 creative jobs the labor market needs … Continue reading

The three-fold effects of technology and globalization on labor markets

The effects of technology—especially digital innovation—and globalization on labor markets are three-fold. The first effect is disruption as jobs relocate to take advantage of lower costs, evolve to entail different tasks, or undergo wholesale change with the elimination of old jobs and the emergence of new ones. Disruption is a permanent feature of any dynamic … Continue reading

Education and Training – The digital disruption is pervasive

With the compound annual growth rate of education and training expenditure projected at 7 to 9 percent globally over the next few years, and with only 2 percent of overall education spend designated as digital, private companies have invested an estimated $4.5 billion in education-technology companies in 2015. In response to massive demand for more … Continue reading

US – Millennials are taking over the workplace (Infographic)

Chosen by Job Market Monitor.  @ visual.ly/api/embed/50554?width=540 From Visually.

Unemployment in Europe – 9.6% in December 2016 in the euro area with 4.219 million young persons

The euro area (EA19) seasonally-adjusted unemployment rate was 9.6% in December 2016, down from 9.7% in November 2016 and down from 10.5% in December 2015. This is the lowest rate recorded in the euro area since May 2009. The EU28 unemployment rate was 8.2% in December 2016, stable compared to November 2016 and down from … Continue reading

US – A continuous decline in the overall participation rates until 2060 BLS says

In the Census Bureau’s latest projections, the growth rate (percentage change) of the resident population is projected to decrease in the long term. In 2022, the share of natural increase and immigration in projections of the resident population will be equal and at 50 percent.   The civilian noninstitutional population is projected to grow from … Continue reading

Tips for Staying Actively Engaged at Work

Everybody needs a mental break once in a while—time that they can spend relaxing and recharging. But when one mental break turns into consistent disengagement, it can spell trouble for your career. Learn what causes disengagement and how you can combat it with this great resource from Company Folders. Chosen excerpts by Job Market Monitor. Read the … Continue reading

Awesome Workplace Incentives Companies Are Offering

Most job seekers aspire to higher salaries, but there’s more to job hunting than looking for more money. You’ll also want to look for great workplace incentives that improve your quality of life. This top ten countdown of employee perks will show you the craziest workplace perks that real companies are offering—and why they matter.     … Continue reading

Are workers ready for a digital world?

In an increasingly digital world where the skill needs of employers are continuously evolving, policy makers need to make sure that everyone can participate and learn new skills. Recent technological change has shifted skill demands predominantly towards high- level skills. Workers need to be prepared to change jobs over their working life while avoiding unemployment … Continue reading

Refugees in the US – 84,995 admitted in 2016

The U.S. admitted 84,995 refugees in the fiscal year ending in September 2016, the most in any year during the Obama administration. An additional 31,143 refugees have been admitted to the U.S. from Oct. 1 through Jan. 24, including more than 1,136 refugee admissions since Trump became president on Jan. 20. Though refugee admissions would … Continue reading

View of labor Unions in US – About six-in-ten adults today have a favorable view

About six-in-ten adults today have a favorable view of labor unions (60%) and business corporations (56%), according to a new Pew Research Center survey. Views of both have grown more positive since March 2015, when roughly half of adults (48%) expressed a favorable view of each. Chosen excerpts by Job Market Monitor. Read the whole story … Continue reading

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