Job Market Monitor
Michel Cournoyer
Economic Immigration in Canada – The pathways
WHAT IS ECONOMIC IMMIGRATION? The ability to contribute to Canada’s economy, whether as workers, investors or business owners, and entrepreneurs, is what distinguishes economic immigrants from other types of immigrants. Canada recognizes three other categories of immigrants and has policies to facilitate their admission: Immigrants sponsored by family: persons who are granted permanent resident status … Continue reading
Labor Shortages in US – Filling talent gaps with “missing workers”
As of May 2022, there were a near-record 5.3 million more job openings than available workers, according to the Bureau of Labor Statistics. Yet at the same time, there are 5.7 million persons who want a job now but are not currently looking for one. These missing workers can be classified into two groups of … Continue reading
Immigration Economic Impacts in Canada – What the evidence says overall
International studies of advanced economies often show an increase in immigration to be associated with a modest increase in GDP per capita. Research by the IMF suggests that “Immigration significantly increases GDP per capita in advanced economies.” A study of OECD countries found that increases in immigration lead to proportionate but smallincreases in GDP per capita. … Continue reading
Les Métiers de la Cohésion Sociale en France – Répondre en urgence à la pénurie et au malaise du secteur en rendant les métiers plus attractifs
Dans son avis adopté le 12 juillet 2022, le Conseil Économique Social et Environnemental (CESE) appelle à revaloriser en urgence les métiers de la cohésion sociale. La crise de la Covid a vu se multiplier les alertes sur un déficit d’attractivité et la perte de sens ressentie par les métiers de la cohésion sociale. Si … Continue reading
The $100 Trillion Global Economy – In one chart
Source: The $100 Trillion Global Economy in One Chart – Visual Capitalist
Inflation in US (May 2022) – Consumer Price Index increased 9.1 percent over the last 12 months
The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3 percent in June on a seasonally adjusted basis after rising 1.0 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment. The increase was broad-based, with the indexes for gasoline, shelter, … Continue reading
Demographic Outlook – World’s Population to reach 8 billion on 15 November 2022 and 10.4 billion in 2100
The world’s population continues to grow, but the pace of growth is slowing down • The world’s population is projected to reach 8 billion on 15 November 2022. • The latest projections by the United Nations suggest that the global population could grow to around 8.5 billion in 2030, 9.7 billion in 2050 and 10.4 … Continue reading
COVID and Youth in Canada – Facing career “scarring” and learning losses post-pandemic
Canada’s youth face career scarring and learning losses post-pandemic, according to a new report released by the C.D. Howe Institute. In “Lives Put on Hold: The Impact of the COVID-19 Pandemic on Canada’s Youth,” authors Parisa Mahboubi and Amira Higazy find that youth were disproportionally affected by work and education disruptions, which if left unaddressed, … Continue reading
Job Report in US (June 2022) – Employment rose by 372,000 unemployment remained at 3.6 percent
Total nonfarm payroll employment rose by 372,000 in June, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, leisure and hospitality, and health care. Household Survey Data The unemployment rate was 3.6 percent for the fourth month in a row, and the … Continue reading
L’emploi au Québec (juin 2022) – Diminution de 27 000, une deuxième baisse en trois mois
L’emploi au Québec a diminué de 27 000 en juin (-0,6 %), ce qui représente une deuxième baisse en trois mois. Les reculs les plus marqués sont survenus dans les ressources naturelles ainsi que dans l’information, la culture et les loisirs. Des hausses notables ont toutefois été enregistrées dans les services professionnels, scientifiques et techniques … Continue reading
Recrutement – Cinq méthodes pour combler les postes selon Boomrank
Source: Ressources | Boomrank
Remote Work in US – 58 percent reported having the opportunity to work from home at least one day a week
The third edition of McKinsey’s American Opportunity Survey provides us with data on how flexible work fits into the lives of a representative cross section of workers in the United States. McKinsey worked alongside the market-research firm Ipsos to query 25,000 Americans in spring 2022 (see sidebar, “About the survey”). The most striking figure to emerge … Continue reading
Skills for Green Transition in UK – A disconnect between increasing employer demand for green skills and young people’s lack of knowledge of what they are
Along with demographic change and advances in technology, the transition to green skills is one of a number of mega trends set to transform the economy and labour market. These shifts are also interconnected. The need for “green skills” is therefore not just about new green jobs, but also greening existing roles, increasing economic growth … Continue reading
Inflation and Bank of Canada – No “soft landing” history tells us
History tells us that the Bank of Canada has a 0% success rate in fighting inflation by quickly raising interest rates. If a pilot told me that they’d only ever attempted a particular landing three times in the past 60 years with a 0% success rate, that’s not a plane I’d want to be on. … Continue reading
Population active en France – Diminution à partir de 2040
Selon les nouvelles projections de l’Insee, la population active continuerait de croître légèrement au cours des deux prochaines décennies, passant de 30,1 millions en 2021 à 30,5 millions en 2040, puis diminuerait pour se situer à 29,2 millions en 2070. Le repli au‑delà de 2040 s’explique par une diminution de la population en âge de … Continue reading
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