Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Earnings of Immigrants in Canada – First paid employment of immigrants is a strong predictor of their long-term labour market outcomes

In spite of the role that employers may play in the selection of economic immigrants, little is known about whether and how firm-level characteristics are associated with immigrants’ labour market outcomes over the longer term. As a first step towards providing relevant evidence, this study asks whether there are large gaps between the initial earnings … Continue reading

Skills Gap in UK – Skill shortages in the economy is modest research finds

At the simplest level, skill mismatches refer to a failure of skill supply to meet skill demand. Mismatches, depending upon their intensity and scale, can be damaging: they can act as a drag on economic growth, limit the employment and earnings opportunities of individuals, and prevent companies maximising their performance. The key findings from the … Continue reading

Job Ads in Australia – Rising demand for digital literacy, critical thinking, creativity and presentation skills

The New Basics: Big data reveals the skills young people need for the New Work Order reveals that employers are placing a premium on enterprise skills at a time of significant change in our workforce. An analysis of 4.2 million job advertisements from 2012-2015 found there is rising demand for enterprise skills such as digital … Continue reading

NEETs in US – Three million young people are “disconnected”

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

Technology and Jobs – Automation and digitalisation are unlikely to destroy large numbers of jobs

In recent years, there has been a revival of concerns that automation and digitalisation might after all result in a jobless future. The debate has been fuelled by studies for the US and Europe arguing that a substantial share of jobs is at “risk of computerisation”. These studies follow an occupation-based approach proposed by Frey … Continue reading

Higher Education – How much do students pay and the public support they receive

OECD countries differ significantly in the way spending on tertiary education is shared between public and private sources of funding, and in the financial support they provide to students. Countries with high tuition fees tend to also be those where private entities other than households make a more significant contribution to funding tertiary institutions. By … Continue reading

The Sharing Economy – The gains are captured primarily by people below median income

What does your research show about the potential benefits – as well as potential downsides – of these new ways of making money? In some of my own work, I take a stab at quantifying impact by imagining an economy in which, in addition to buying new and used products, consumers can rent from each … Continue reading

The New Digital Economy in US – 72% of adults have used at least one of 11 different shared and on-demand services

A number of new commercial online services have emerged in recent   years, each promising to reshape some aspect of the way Americans go about their lives. Some of these services offer on-demand access to goods or services with the click of a mouse or swipe of a smartphone app. Others promote the commercialized sharing … Continue reading

Youth in UK – 47 per cent say that an academic education alone is not enough to secure a job

Youth unemployment is a blight on the lives of millions of young people across the UK and brings with it serious financial and social implications for productivity and growth. Every major economy preparing for the future will look to the next generation as the source of fresh ideas, innovation and entrepreneurship. But with 625,000 young … Continue reading

Recent and Future Hiring Trends in Canada – A survey of large private-sector employers

To compete in an interconnected and global marketplace, Canadian companies require an increasingly strong and skilled workforce. However, a lack of comprehensive labour market data, particularly on employment trends and skill requirements, makes it difficult to identify and analyze the current state of the Canadian job market. This shortage of data means recent graduates are … Continue reading

Literacy and Numeracy and Age – Adults aged 55 to 65 are less proficient than adults aged 25 to 34 OECD says

The greying of the population is already creating challenges for governments in the long-term financing of healthcare, ageing care and pension systems, and because of the potentially negative effects on economic growth. Governments have to nd ways to keep older adults in the labour market and encourage investment in the development of the skills of older workers. … Continue reading

Infrastructure in US – Nearly 3 million infrastructure jobs will become vacant over the next decade

The need to invest in roads, rails, ports, power plants, and water facilities has emerged as a theme of Infrastructure Week 2016, particularly when it comes to the call for regional leadership and collaboration alongside federal efforts. Across all types of infrastructure, public and private leaders are looking to fill a growing investment gap across … Continue reading

Skilled Trades Careers in Canada – 57 per cent of parents favour university as a post-secondary option

Parental influence over the education and career decisions of their children make them an important target audience for apprenticeship stakeholders committed to promoting apprenticeship and the skilled trades. To inform future career awareness outreach efforts and youth recruitment strategies, CAF-FCA undertook a national survey with parents across Canada in 2014, comparing results to findings from … Continue reading

Requirements in Job Advertisements – Employers are demanding with Formal education remaining the most important criterion

This paper analyses a sample of approximately two million job advertisements obtained from an online job portal called “Burning Glass”, in order to identify employers’ demands for the 30 most-frequently advertised occupations in the United States. With this sample of vacancies, we investigate how demanding employers are for occupations of different levels of complexity (two … Continue reading

Skills Gap – Early childhood education, foundation for a skilled workforce of the future

Want to build a talent pipeline? Invest in early childhood education. That’s the message of ReadyNation, an organization of 1,400 business leaders who believe that quality education for young children is the foundation for a skilled workforce of the future.  James Spurlino, president of Spurlino Materials, has had trouble for the last 10 years filling … Continue reading

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