Job Market Monitor
Michel Cournoyer
Apprenticeship in Canada – What’s In It For My Business?
Effective Recruitment Skills shortages and the retirement of experienced tradespeople are creating an urgent need to transfer knowledge from one generation to the next, developing the skills and competencies companies need. Apprenticeship is an important recruiting strategy – providing an opportunity to grow the future workforce, sustain the supply of highly skilled workers and pass … Continue reading
Automatic stabilizers – Maintaining strong automatic stabilizers without jeopardizing incentives
Automatic stabilizers are praised since they are rule based and thus operate swiftly and symmetrically across the cycle. However, automatic stabilizers are not a result of macro design but the structure of the social safety net and the taxation system. The participation tax is a key determinant of the strength of the automatic stabilizers. Paradoxically, … Continue reading
Migration and the UK – 5 facts
Here are five facts about migration into and out of the UK: The UK has the fifth-largest immigrant population in the world, at 8.5 million. 2. As of 2015, the UK’s immigrant population has one of the most diverse groups of origin countries in the world, tying Denmark for the highest diversity score, which measures … Continue reading
The Class of 2016 in US – High school graduates unemployment at 17.9 percent
This paper focuses on recent high school (age 17–20) and college graduates (age 21–24) who are not enrolled in further schooling. We analyze their employment, enrollment, and wage trends in order to glean the Class of 2016’s economic prospects as they start their careers. Due to the progression of the economic recovery and a substantial … Continue reading
Apprentice Profile in Canada – Most do not enter directly from high school
Apprentices tend to be over 20 years old, indicating most do not enter directly from high school. In 2006 and 2011, 29 per cent of new and returning apprentices were 20 to 24. From 2002 to 2011, the share of female registrants increased only marginally from 8.5 per cent to 9.4 per cent. Trades such … Continue reading
Slow Growth in US – At the actual rate, it will take about 160 years to double GDP per person
Over the last decade, the growth rate of real G.D.P. per person has averaged just 0.44 percent per year, compared with the historical norm of 2.0 percent. At a rate of 2.0 percent, incomes double every 35 years. At a rate of 0.44 percent, it takes about 160 years to double. via One Economic Sickness, … Continue reading
Poverty in US – Who are they ?
As a share of the total working-age adult living in poverty population: 18 percent —a third of the non-workers living in poverty—are disabled. 26 percent—just under half of non-workers—are caregivers or students. 6 percent are retired, though it is important to note that only the working-age population is considered here, so this constitutes early retirement. … Continue reading
Research and Apprenticeship – The case of Australia’s NCVER
This study has assessed the impact of NCVER’s research against two themes: the role of apprenticeships in a modern economy; and the nature of vocations and the competencies required by industry. The evaluation spans 32 publications from 2005 to 2015. This is the third instance in which NCVER has undertaken an impact evaluation, on each … Continue reading
Income and Generations in Canada – 32% of the earnings differences among fathers’ generations is passed on to sons
A child’s future income level in Canada is more strongly determined by his or her father’s income than previously thought, according to a new study. Intergenerational income mobility is measured by comparing the income of parents with the income of their children when the latter become adults. If parents and their adult children were all … Continue reading
Hourly Labour Costs in Europe (2016,Q1) – Up by 1.7%
Hourly labour costs rose by 1.7% in both the euro area (EA19) and the EU28 in the first quarter of 2016, compared with the same quarter of the previous year. In the fourth quarter of 2015, hourly labour costs increased by 1.3% and 2.0% respectively. Chosen excerpts by Job Market Monitor. Read the whole story at Annual … Continue reading
The European Credit System for Vocational Education and Training (ECVET) – The current state
The ECVET is one of the common EU tools, aiming to support the transfer, recognition and accumulation of assessed learning outcomes of individuals working to achieve a qualification and to promote lifelong learning through flexible and individualised learning pathways (European Parliament and Council of the EU, 2009). The creation and implementation of main ECVET principles … Continue reading
Paid Vacation Time around the World (Infographic)
As summer approaches, many of us have vacation on our minds. We’re ready to get out of the office and head towards a tropical location with our family or friends. Though the thought of getting away is exciting, it’s also stressful to think about all the work (and possibly pay) we’re leaving behind. Did you … Continue reading
Training in 2016 – How the workforce really learns
Only 38% of learning and development (L&D) professionals think they’re ready to meet the needs of tomorrow’s learners. This doesn’t mean traditional approaches to L&D are obsolete. They just aren’t enough anymore. At least not for today’s workers. Nearly two-thirds of L&D leaders think workers should connect with learning resources at least once-a-week in order … Continue reading
US – Traditional Remedial Education Is Not Working the Century Foundation finds
Almost two-thirds of students who enter community colleges every year are judged to be academically not ready to engage in college-level coursework. In order to enroll, these students typically must take one or more “remedial” or “developmental” math or English courses that will not count toward their college degree. The students most likely to be … Continue reading
Europe – Employment up by 0.3% in the euro area
The number of persons employed increased by 0.3% in both the euro area (EA19) and the EU28 in the first quarter of 2016 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2015, employment increased by 0.3% in the … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
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