Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Partnerships Between Post‐Secondary Education and Business – Six principles for success

Partnerships between post-secondary education (PSE) institutions and businesses are crucial to Canada’s competitiveness and prosperity. They help to develop and leverage skills, talent, and research. PSE institutions, businesses, and community stakeholders need better information on how to develop, operate, and maintain successful PSE–business partnerships. This report shows that partnerships are most effective when they are … Continue reading

NEET (Neither in Employment nor in Education or Training) – An indicator that is widely misunderstood and therefore misinterpreted

The share of youth which are neither in employment nor in education or training in the youth population (the so-called “NEET rate”) is a relatively new indicator, but one that is given increasing importance by international organizations and the media. The popularity of the “NEET” concept is associated with its assumed potential to address a … Continue reading

Regulated Professions in Ontario – Labour Market Trends and Outlooks

A key differentiating factor is the marked difference in the proportion of graduates from professional programs who become licensed members and practise in their respective profession. A large proportion of graduates from education, health and law programs pursue licensure, although many law and education graduates work in unrelated occupations. The rates of engineering and architecture … Continue reading

LinkedIn – The Global Top Skills

The Global Top Skills of 2016 list reveals several trends about the global job market: Demand for marketers is slowing: While marketing skills like marketing campaign management, SEO/SEM, and channel marketing were in high demand in 2015, things have changed. This year, SEO/SEM dropped five spots from #4 to #9 and marketing campaign management dropped … Continue reading

The “American Dream” – Children’s prospects of earning more than their parents have fallen from 90% to 50% over the past half century

Children’s prospects of achieving the “American Dream” of earning more than their parents have fallen from 90% to 50% over the past half century. This decline has occurred throughout the parental income distribution, for children from both low and high income families, as shown in the chart below.   Most of the decline is due … Continue reading

Resume – Passing the screening machine

More and more, human resources managers rely on data-driven algorithms to help with hiring decisions and to navigate a vast pool of potential job candidates. These software systems can in some cases be so efficient at screening resumes and evaluating personality tests that 72% of resumes are weeded out before a human ever sees them. … Continue reading

Universal Basic Income in US – The Economic Security Project (ESP) commits $10 million over the next two years “to explore” it

The Economic Security Project (ESP)—a loose coalition of technologists, investors, and activists—announced on Dec. 8 it’s committing $10 million over the next two years “to explore how a ‘basic income’ could…ensure economic opportunity for all” in the US. More than 100 people, ranging from the head of top Silicon Valley startup fund Y Combinator to … Continue reading

PISA – What has happened to Finland’s schools?

That’s a question educators around the globe are asking in the wake of the latest results of an ongoing study that measures academic achievement in 73 countries.  For much of the 21st century, Finland has been one of the very top performers in the Program for International Student Assessment (PISA), an ongoing study administered every … Continue reading

US – How many immigrants are underemployed (i.e., in low-skilled jobs) or unemployed?

The United States has long attracted some of the world’s best and brightest, drawn by the strong U.S. economy, renowned universities, and reputation for entrepreneurship and innovation. But because of language, credential-recognition, and other barriers many of these highly skilled, college-educated immigrants cannot fully contribute their academic and professional training and skills once in the … Continue reading

Global Health Requirements – 50 million decent jobs are missing now, 84 million jobs in 15 years says ILO

An estimated 50 million decent jobs are missing in 2016 to address essential global health requirements through universal health coverage (UHC) and ensure human security, particularly with respect to highly infectious diseases like Ebola. Demographic ageing over the next 15 years is expected to further increase employment needs in the global health supply chain by … Continue reading

Manufacturing Jobs in US – About 157,000 U.S. workers quit in October, the highest level in more than eight years

About 157,000 U.S. workers quit a manufacturing job in October, the highest level in more than eight years and a reminder of the massive churn across the labor market. Falling factory employment has been running theme of 2016, and President-elect Donald Trump has made those jobs a priority. Underneath the long-term slide in employment is a more dynamic … Continue reading

Jobs You Can Do From Anywhere in the World – 11 great companies currently hiring

There are many reasons people search for jobs that can be done from any location. Luckily, more and more companies are offering remote employees the freedom to work from anywhere in the world they choose. While many telecommuting jobs still have some location requirements, below are 11 great companies currently hiring for jobs you can do from anywhere in … Continue reading

Major challenges facing activation policies aimed at getting working-age people off benefits and into work –

Activation policies aimed at getting working-age people off benefits and into work have been embraced by many OECD countries. In a previous paper, I have argued that activation strategies have performed well during the Great Recession and subsequent recovery in some, but not all, of these countries. At the same time it is pertinent to … Continue reading

Why do we need workforce development programs, and what would it take to design an effective one?

This section discusses trends in U.S. labor markets that have widened the earnings gap between high- and low-skilled workers, and increased the need for programs that help low-wage workers gain skills and advance. Autor and others argue that we have seen the labor market “polarize” over the last few decades: technology has allowed companies to … Continue reading

OECD PISA – Singapore tops latest global education survey

Singapore outperforms the rest of the world in the OECD’s latest PISA survey, which evaluates the quality, equity and efficiency of school systems. The top OECD countries were Japan, Estonia, Finland and Canada. The OECD’s PISA 2015 tested around 540,000 15-year-old students in 72 countries and economies on science, reading, maths and collaborative problem-solving. The … Continue reading

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