Job Market Monitor
Michel Cournoyer
Work – How you feel about your employer’s mission ?
One of the most important dimensions of job satisfaction is how you feel about your employer’s mission. Suppose you’re weighing two offers for jobs writing advertising copy: One is for an American Cancer Society campaign to discourage teenage smoking, the other for a tobacco industry campaign to encourage it. If pay and other working conditions … Continue reading
Income Inequality in the US in 2013 – The top 1 percent of families nationally made 25.3 times as much as the bottom 99 percent
While economic inequality has been one of the hottest topics this presidential campaign season, much of the focus has been on the fortunes of the top 1 percent at the national level. This report, our third annual such analysis, uses the latest available data to examine how the top 1 percent in each state have … Continue reading
Community College in US – Just 15 percent acquire a 4-year degree
Community colleges are a vital part of America’s opportunity structure, not least because they often provide a way into higher education for adults from less advantaged backgrounds. Each year there are around 10 million undergraduates enrolled at public, two-year colleges. Among first-generation students, nearly 38 percent attend community colleges, compared to 20 percent of students … Continue reading
Canada – Layoff rates vary across economic regions to a greater extent than hiring rates
Regardless of general economic conditions, a large volume of worker reallocation across employers takes place each year. For instance, even though the number of employees aged 18 to 64 remained virtually unchanged at 13.2 million from January 2009 to January 2010, 2.4 million individuals were hired in 2009 (Table 1). During that year, 0.9 million … Continue reading
The Value of Apprenticeships in UK – Wages alone under-estimate the total productivity benefit
The Social Market Foundation (SMF) has undertaken research to look at what types of apprenticeships create the most value, in terms of both wages and firm performance. This in turn will help inform policy recommendations on how Government should support the next phase of the apprenticeships programme. There is strong political commitment to the apprenticeships … Continue reading
Apprenticeship in UK – Only 7% of 13-18 year olds said they plan to do it
With university tuition fees and maintenance fees averaging £40,000 for a three year course in England according to UK government statistics, there has been a great deal of debate over the value of university degrees, and the merits of other alternatives open to young people making their decision on what to do after leaving formal … Continue reading
The decline in prime-age male labor force participation in US – A White House report
For more than sixty years, the share of American men between the ages of 25 and 54, or “prime- age men,” in the labor force has been declining. This fall in the prime-age male labor force participation rate, from a peak of 98 percent in 1954 to 88 percent today, is particularly troubling since workers … Continue reading
Immigrants in US and Europe – 19% of all international migrants vs 23%
The United States has long been the top destination country for migrants worldwide, though if the European Union, Norway and Switzerland were a single country it would outrank the U.S. as a destination for international migrants. But the U.S. and Europe are quite different when it comes to their migrant populations’ origin countries. In 2015, … Continue reading
Latin America – Active labour market policies are needed to protect social achievements and address productivity gaps
At a time when governments in the region face the dual challenges of creating quality jobs and safeguarding achievements in social inclusion and work quality, an ILO report highlights the need for a new approach based on active labour market policies to address the current economic slowdown. A functional system of ALMPs in the region, … Continue reading
Social Media at Work in US – For a wide range of reasons
Workers turn to social media for a range of reasons while at work, with taking a mental break being among the most common Today’s workers incorporate social media into a wide range of activities while on the job. Some of these activities are explicitly professional or job-related, while others are more personal in nature. The … Continue reading
After Brexit Vote – The debate in other EU member states about the future of the institution may just be getting started.
A majority of the Greeks (68%) and pluralities of the Dutch (44%), Germans (43%), Italians (39%) and French (39%) all want some EU power returned to their national governments. Both the Dutch and the French have a history of holding referendums on major and not-so-major issues, and Euroskeptic parties in both countries have already voiced … Continue reading
Minorities in US – The majority among infants are from them
The U.S. is projected to have no racial or ethnic group as its majority within the next several decades, but that day apparently is already here for the nation’s youngest children, according to new Census Bureau population estimates. The bureau’s estimates for July 1, 2015, released today, say that just over half – 50.2% – … Continue reading
Gender Gap in Scientific Occupations in Canada – From 1991 to 2011, the proportion of women in scientific occupations requiring a university education rose from 18% to 23%
This article provides information on women aged 25 to 64 in natural and applied sciences occupations in Canada (i.e. scientific occupations), using data from the 1991 and 2001 censuses and the 2011 National Household Survey (NHS). The employment conditions of men and women in these occupations are also examined, based on data from the Labour … Continue reading
Occupational Licensing in US – Who they are and the effects on wages and unemployment
Who is licensed? Using the newly released Bureau of Labor Statistics data, it is possible to describe licensed workers and then examine a number of important economic implications of licensing. Licensing varies substantially by occupation. Legal, education, and healthcare occupations feature licensing at particularly high rates, as shown in Figure 1. Note that the increase … Continue reading
Millennials have one foot out the door Deloitte’s survey finds
Millennials, in general, express little loyalty to their current employers and many are planning near-term exits, according to Deloitte Touche Tohmatsu Limited’s fifth annual Millennial Survey. This remarkable absence of allegiance represents a serious challenge to any business employing a large number of Millennials, especially those in markets—like the United States—where Millennials now represent the … Continue reading
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