Job Market Monitor
Michel Cournoyer
Low-Paid Jobs in UK – Initiatives for improving progression helping employers and workers through the same programme
Existing skills and employment support systems concentrate on work entry but policy-makers concerned with addressing poverty also need to focus on individuals in employment and find ways of improving progression from low-paid jobs. This research developed proposals for a package of progression-focused employment and skills initiatives relevant to the needs of Leeds City Region residents … Continue reading
Apprenticeships and UK’s Businesses – £1.8 billion of net economic benefits, around £2,000 per apprentice but many organisations appear unaware of the full apprenticeship offer
Apprentices delivered around £1.8 billion of net economic benefits to UK organisations last year according to the latest research from the Association of Accounting Technicians (AAT), the UK’s leading qualification and membership body for accounting staff. The report, compiled by the Centre for Economics and Business Research (Cebr), found that apprentices offer UK businesses a … Continue reading
US – The Labor Market Conditions Index is going in the wrong direction
Fed officials, and other economists, have been grappling with the divergence between relatively weak reported economic growth and relatively strong job growth. Those at the Fed have largely taken the view that labor market data is more accurate, which has been true over time. Wrong Direction The Federal Reserve created an index to better measure … Continue reading
Real Wage Growth in US – Biggest gains to workers in oil and gas patches
Workers in America’s oil and gas patches have enjoyed some of the country’s biggest gains in the buying power of their paychecks over the past decade and a half, while workers in several small and mid-sized manufacturing-oriented cities have watched their buying power shrink over the same time period. A Pew Research Center analysis of federal … Continue reading
Living with Parents in US – 18- to 34-year-olds more likely for the first time in more than 130 years
A recent Pew Research Center analysis of census data found that in 2014, for the first time in more than 130 years, 18- to 34-year-olds in the U.S. were more likely to be living in their parents’ home than with a spouse or partner in their own household. A closer analysis of the data helps … Continue reading
Federal Taxes in US, 2013 – Highest quintile received a little more than half of total before-tax income and paid more than two-thirds of all federal taxes
Households in the highest income quintile received a little more than half of total before-tax income and paid more than two-thirds of all federal taxes in 2013 (see Figure 1). Households in other income groups received considerably smaller shares of before-tax income and paid considerably smaller shares of federal taxes. Furthermore, the share of taxes … Continue reading
Refugee in Germany – 100,000 new “working opportunities”
Last week, Germany’s legislature debated a new law on integration, the country’s first. It requires asylum seekers to take lessons in language, culture and values in exchange for faster access to the labor market. The government has promised to subsidize 100,000 new “working opportunities,” many of them low-paid workfare jobs. Labor laws will be relaxed … Continue reading
Smartphones at Work – 65 percent do not have their work emails on their smartphones
While technology helps workers stay connected while away from the office, in many cases it is causing them to disconnect while in the office, leading to a negative impact on productivity. According to new CareerBuilder research, 1 in 5 employers (19 percent) think workers are productive less than five hours a day. When looking for … Continue reading
NEETs in US – The majority are aged 20-24, primarily made up of people of color
Three million young people are neither in school nor working, finds a report released today by the Brookings Metropolitan Policy Program. These “disconnected youth” are primarily people of color. In some metros, black and Latino youth are up to six times more likely to be disconnected than young whites. The report, “Employment and disconnection among … Continue reading
Netherlands – Work After Prison, the fifth social impact bond
This week the Dutch Ministry of Security and Justice announced that it will pay for the successful achievement of employment and prison recidivism outcomes among short-term adult prisoners as part of the new “Work After Prison” social impact bond (SIB)—the fifth such transaction in the Netherlands and one of about 60 in the world. In … Continue reading
Job Report in Canada, May 2016 – Employment was little changed in May (+14,000 or +0.1%)
Employment was little changed in May (+14,000 or +0.1%). With fewer people searching for work, the unemployment rate declined 0.2 percentage points to 6.9%, the lowest rate since July 2015. Full-time employment rose by 61,000 in May. This increase was largely offset by a decline of 47,000 in part-time work. In the 12 months to May, employment increased by 109,000 or 0.6%, the result of gains in full-time work. … Continue reading
The Work Gap in US – Lower-income men’s work rates have declined by 11 percentage points
The decline in labor force participation rates has been widely documented, but the growing gulf in the work gap between the bottom third and the rest of the population is truly striking:While the share of men who are employed in the top two-thirds has been quite stable since 1980, lower-income men’s work rates have declined … Continue reading
Pathways to Employment – There are multiple strategies local and regional leaders can use
Employment is down among everyone between the ages of 16 and 64—particularly among teens, but with a great deal of variation by geography, race, and education. The disparity between blacks and whites is especially stark. For example, unemployment among white young adults peaked at 14% in 2010—still considerably lower than unemployment rates for black young … Continue reading
Immigration in Canada – Express Entry’s early results
The adoption of an EOI system in Canada and other destinations is the latest development in these countries’ continuous process of review—and reform—of skilled labour immigration systems. The goal is to improve how these systems respond to local demand and contribute to the successful socioeconomic integration of new residents. Progress is measured by monitoring the … Continue reading
Newspaper Publishing in US – From 458,000 to 183,000 jobs between 1990 and 2016
Few industries have been affected by the digital or information age as much as newspapers and other traditional publishing industries (books, magazines, etc.). In June 1990, there were nearly 458,000 people employed in the newspaper publishing industry; by March 2016, that figure had fallen to about 183,000, a decline of almost 60 percent. Over the … Continue reading
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