Michel Cournoyer

Michel Cournoyer has written 10472 posts for Job Market Monitor

Postes Vacants au Québec (Septembre 2021) – Près de 280 000, le taux à 7,3

Postes vacants, employés salariés et taux de postes vacants selon les provinces et territoires, données mensuelles non désaisonnalisées  Extraits choisis par le Moniteur de l’emploi. Lire la suite @   Postes vacants, employés salariés et taux de postes vacants selon les provinces et territoires, données mensuelles non désaisonnalisées

Wage Bargaining in US – A limited determinant of wage setting research finds

How wages are set is central to understanding the growth of wages and earnings, worker mobility, wage inequality, and the causes of unemployment. Bargaining models and explanations based on them assume that workers have the ability to negotiate compensation and that wages incorporate information about a worker’s outside option(s). With renegotiation, wages can adjust in … Continue reading

UI in US – States are using COVID relief funds to pay off unemployment insurance debt

Because the COVID-19 pandemic and ensuing recession led to skyrocketing unemployment rates in early 2020, 23 states were forced to take out federal loans to continue paying out unemployment insurance (UI) benefits. While interest was initially waived on these loans, these debts started to collect interest after Labor Day of 2021. In recent months, many … Continue reading

Ageism – Hiring managers perceived only about 15 to 18 percent of the 45-plus candidates they saw to be a fit

New research quantifies the struggles that midcareer workers—those 45 and over—worldwide face and suggests possible interventions to level the playing field. Roberta Fusaro: Just recently, you and your colleagues at Generation released a report that looks at the plight of workers age 45 and older. The findings suggest that people in this cohort are struggling, … Continue reading

Day Trading in Canada – More Canadians have turned to it following the pandemic

Although most Canadians are returning to in-person work, a significant rise in day traders observed throughout the pandemic shows no signs of letting up. With COVID-19 causing many Canadians to re-evaluate their financial standing, untold thousands have turned to day trading as a means of generating income (or at least attempting to). In fact, major … Continue reading

Job Report in US (October 2021) – Employment rose by 531,000 and unemployment to 4.6 percent

Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, with notable job gains in leisure and hospitality, in professional and business services, in manufacturing, and in transportation and warehousing. Employment … Continue reading

L’Emploi au Québec (octobre 2021) – N’a pratiquement pas varié et le chômage s’est établi à 5,6 %

Après avoir progressé en septembre, l’emploi au Québec n’a pratiquement pas varié en octobre et le taux de chômage s’est établi à 5,6 %. La RMR de Québec a continué d’afficher le taux de chômage le plus faible (3,8 %) de toutes les RMR, et la croissance de l’emploi sur 12 mois s’est poursuivie dans les services professionnels, scientifiques et … Continue reading

Population Aging in Canada – Would need to settle 2.85 million new Canadians immediately

If Canada was to rely solely on immigration to address the impending labour force shortage, it would need to settle 2.85 million new Canadians immediately in order to return to the 2019 OAD ratio. And arrivals would need, on average, to exceed 1.7 million people annually over the next decade to maintain that OAD ratio. … Continue reading

Migrations Internationales en 2020 – Les flux d’immigration permanente dans les pays de l’OCDE ont baissé de plus de 30 %

Les flux d’immigration permanente dans les pays de l’OCDE ont baissé de plus de 30 % en 2020, pour s’établir à environ 3.7 millions de personnes – soit le niveau le plus bas depuis 2003. Cette baisse pourrait même atteindre 40 %, en fonction des facteurs qui sont pris en considération. Toutes les catégories de … Continue reading

Mieux Intégrer les Immigrants au Québec – Il faut rendre le Québec globalement plus compétitif dit l’OCDE

Le Québec a connu un chômage structurel élevé pendant des décennies, mais connaît depuis 2017 le chômage le plus faible du Canada. Certaines régions du Québec sont désormais presque en situation de plein emploi, notamment en dehors de l’agglomération de Montréal. De nombreux secteurs d’activité font désormais appel à l’immigration à cause d’une rareté de … Continue reading

Minimum Wage in Canada – Who earns it (infographic)

Source: who-earns-the-minimum-wage-in-canada-infographic-canada.jpg | Fraser Institute Over the past decade all Canadian provinces have raised their real (inflation-adjusted) minimum wage. The size of these increases has varied considerably from place to place. The four largest provinces implemented particularly large increases. These ranged from 20.2 percent in Quebec to 46.4 percent in Alberta. One of the most … Continue reading

COVID and the Labour Market in Europe – Temporary workers were disproportionately affected

The COVID-19 pandemic closed or limited many economic activities in 2020, with far-reaching impacts on the labour market. Employment losses at the outset of the pandemic were sharper than those experienced during the global financial crisis. Even greater declines in hours worked arose as a result of the widespread state-supported furloughing of workers. The physical … Continue reading

Upskilling in Canada – Needs to Plug Gaps

Automation, digital innovation, globalization and demographic shifts have been reshaping the labor market, leading to some long-term structural changes and redefining the skills required to maintain a productive workforce – a trend that has been amplified by the effects of the COVID-19 pandemic. Our study shows Canada still stands below the top-performing countries in skills … Continue reading

Covid in Canada – The Worker Lockdown Benefit

Canada is on the road to economic recovery and employment is now back to pre-pandemic levels. This is thanks to the resilience of employers and hard work of Canadians. The government is making adjustments to pandemic income support programs to reflect the new phase of the recovery. The government is moving from broad-based programs to … Continue reading

The COVID Retirement Boom – Over 3 million excess retirements says St-Louis Fed

The labor force participation rate1 registered its largest drop on record in 2020, falling from 63.2 percent in the fourth quarter of 2019 to 60.8 percent in the second quarter of 2020.2 By the second quarter of 2021, the rate had recovered slightly, to 61.6 percent, but was still 1.6 percentage points below its pre-pandemic … Continue reading

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