Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Unemployment in EU, September 2016 – 10.0%, down from 10.6% in a year with 4.125 million young persons out of job

The euro area (EA19) seasonally-adjusted unemployment rate was 10.0% in September 2016, stable compared to August 2016 and down from 10.6% in September 2015. This is the lowest rate recorded in the euro area since June 2011. The EU28 unemployment rate was 8.5% in September 2016, stable compared to August 2016 and down from 9.2% … Continue reading

Labour Market Information (LMI) – Working at sectoral level

There are many different ways to assess the scale and nature of changing skills demand. Skills supply also has several facets. Analysis of skills demand and supply and possible mismatches can take many different forms. A sectoral approach to such matters is de ned as one which looks at changing skills needs from the perspective … Continue reading

Labour Market Information (LMI) – A Guide to reduce the risks of skills mismatch

Every day people, companies and institutions in the labour market are making choices. What education should I or my child take? Is there a quali ed workforce available in the region where our company is considering a new business? Do we need a better educated workforce to attract foreign investments? Is there a need to … Continue reading

Les TIC dans l’UE – 8 Millions de personnes en 2015, une huasse de près d’un million et demi en 5 ans

Dans l’Union européenne (UE), environ 8 millions de personnes étaient employées en 2015 comme spécialistes des technologies de l’information et de la communication (TIC), ce qui représente 3,5% de l’emploi total. Au cours des dernières années, tant le nombre des spécialistes des TIC que leur proportion dans l’emploi total n’ont cessé d’augmenter afin de répondre … Continue reading

HR – Leadership and talent management capabilities have a strong correlation with financial performance

Unlike other disciplines, such as corporate finance, leadership and talent management is a relatively undeveloped field in the application of data- and evidence-based approaches to value creation. Most companies do not address the most fundamental questions around leadership and talent development, despite huge expenditures—$40 billion annually by some estimates. Still, some companies get it right. … Continue reading

Le commerce Canada-Europe – Excédent record du commerce de biens de l’UE en 2015

Excédent record du commerce de biens de l’UE avec le Canada à 7 milliards d’euros en 2015… … mais excédent du commerce de services au plus bas Chosen excerpts by Job Market Monitor. Read the whole story at  Excédent record du commerce de biens de l’UE avec le Canada à 7 milliards d’euros en 2015

The Nordic Countries – Working there

Apart from a number of differences between the countries in the Nordic region as regards the structure and policies of their labour markets generally, there is a core of common types of approaches, standards and values which together de ne the nature of working life and labour market policy in the Nordic countries so that … Continue reading

The Price of College in US – Financial challenges are a consistent predictor of non-completion in higher education

Our research indicates that the current approach to higher education financing too often leaves low-income students facing unexpected, and sometimes untenable, expenses… Financial challenges are a consistent predictor of non-completion in higher education, and they are becoming more severe over time. Unexpected costs, even those that might appear modest in size, can derail students from … Continue reading

Tackling Early Leaving from Education and Training – No single blueprint

Policies and measures to tackle early leaving from education and training are more likely to succeed if they acknowledge the different factors that can influence it and are tailored to the specific profiles of young people at risk of leaving education and training prematurely. There is no single blueprint of an effective intervention to tackle … Continue reading

Job Vacancy in Canada, second quarter 2016 – Declined by 45,000 (-10.3%) in a year

Canadian employers reported 392,000 job vacancies in the second quarter, and the job vacancy rate was 2.5%. Compared with the second quarter of 2015, the number of job vacancies declined by 45,000 (-10.3%), and the job vacancy rate decreased by 0.3 percentage points. Job vacancy rate declines in most provinces and territories In the second quarter, the job vacancy rate declined in seven … Continue reading

EU – Top 5 mismatch priority occupations: shortages

Mismatch priority occupations (MPOs) are those for which a critical shortage, or surplus, has important implications for the national economy (including strategic sectors) and for education and training. Cedefop uses a range of indicators (1) that uncover skill mismatches in the labour market; these are combined with qualitative insights from national experts. MPOs for each … Continue reading

Industry in EU – 19% of total gross value added and 15% of employment

In 2015, industry was still the largest economic activity in the European Union (EU) in terms of output generated. Accounting for 19.3% of EU total gross value added (GVA), industry was immediately ahead of the economic activities “Public administration, defence, education, human health and social work activities” (19.1%) and “Wholesale and retail trade, transport, accommodation … Continue reading

Immigrants in the EU – Employment rate of second generation immigrants similar to native-born with a native background

What is the educational and labour market performance of second generation immigrants in the European Union (EU)? How do the native-born decendants of immigrants perform in contrast to their counterparts with native-born parents? How do they develop compared with first generation immigrants? Does the origin of their foreign-born parents influence their performance? The answers to … Continue reading

Skills Gap in US – For the seventh consecutive year, skilled trades are the hardest to find

For the seventh consecutive year, skilled trades are the hardest jobs to in the United States; drivers are in second place, followed by sales representatives and teachers.   Chosen excerpts by Job Market Monitor. Read the whole story at  Talent Shortage Survey 2016  

Job Growth in US – Startup businesses at historically low rates

The U.S. economy is inching along, productivity is flagging and millions of Americans appear locked out of the labor market. One key factor intertwined with this loss of dynamism: The U.S. is creating startup businesses at historically low rates. The American economy has long relied on fast-growing young companies to fuel job growth and spread … Continue reading

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