Job Market Monitor
Michel Cournoyer
Population Pyramids of the the world’s frontier markets
There are basically two big demographic stories in the world right now: Populations in developed markets (and emerging Europe) are shrinking, while the populations in emerging and frontier markets are rapidly growing. These population pyramids explain what’s going on with the world’s frontier markets. Chosen excerpts by Job Market Monitor. Read the whole story at Frontier market demographic … Continue reading
Millennials in Workplace – Three key strategies
Is it possible to strike a happy medium between old-school and new school workplaces? Here are the three key strategies that allows for a forward-thinking, balanced culture: Factor 1: Mission, Mission, MissionOftentimes, traditional, Boomer-led workplaces suffer from vague, uninspiring missions that don’t clearly include positive impact on the world. New-school workplaces often are so bold, … Continue reading
Universal Basic Income – GiveDirectly, a charity that gives 6,000 Kenyans enough money to escape poverty for a decade
GiveDirectly, a charity that gives money directly to poor people in Kenya and Uganda, is launching a big new project: a basic income. A basic income — also called a universal basic income (UBI), guaranteed minimum income, citizens’ dividend, demogrant, etc. — is a regular payment to a group of people just for being alive. Normally, … Continue reading
Jobless Claims in US (week ended April 9) – The lowest since 1973
The number of Americans filing for unemployment benefits unexpectedly fell last week, revisiting a level last seen in 1973 as the labor market continues to strengthen despite a sluggish economy. Initial claims for state unemployment benefits decreased 13,000 to a seasonally adjusted 253,000 for the week ended April 9, the Labor Department said on Thursday. … Continue reading
Social Security and Life-Expectancy Gap in US – Benefits that men earning $20,000 or $80,000 could expect to receive
A study led by Stanford University economist Raj Chetty, showed that life expectancy differed for the top 1% and bottom 1% of the income distribution by 15 years for men and by 10 years for women. Now, a new study from the Government Accountability Office shows the dramatic effect this is having on Social Security. To show the effect of … Continue reading
France – Hollande won’t withdraw labor reform bill
French President Francois Hollande is standing firm on labor reforms which have angered his left-wing base, saying in a nationally-televised appearance Thursday that the government won’t withdraw a bill on the issue. The bill to relax the rules governing France’s 35-hour work week and layoffs has sparked weeks of protests and pushed ministers to repeatedly … Continue reading
Self-Employment in UK – 4.6m, an all-time high
The report is written in a straightforward way so as to be practical and completely unambiguous. I would welcome feedback from the self-employed sector, with whom I feel a particular affinity. In this report I have tried to accurately portray the views and concerns that have been expressed to me. I hope I have done … Continue reading
Technical Change and Early Retirement in US – Once a certain degree has been reached, the probability to retire early decreases again
In a new research paper published in the IZA Journal of Labor Policy, Lorenzo Burlon (Bank of Italy and IZA) and Montserrat Vilalta-Bufí (University of Barcelona) reexamine the effect of technical progress on early retirement in the US. They find that technical progress affects early retirement in two opposing ways. On the one hand, it … Continue reading
US – Extension of unemployment benefits has no significant effect on the unemployment rate research finds
Gabriel Chodorow-Reich of Harvard University and Loukas Karabarbounis of the University of Chicago find that the extension of unemployment benefits from 26 to 99 weeks during the Great Recession increased the unemployment rate by at most 0.3 percentage point. In addition, they find little effect of jobless benefit extensions on state-level macroeconomic variables such as vacancies … Continue reading
Immigration to United States – At a numerical high, reaching 42.4 million people in 2014
What is the size of the overall immigrant population, and how does its share of the total U.S. population compare with earlier eras? How many people immigrate to the United States? How many become U.S. citizens? What is the size of the unauthorized population? What jobs do immigrants hold? How do today’s top source countries … Continue reading
Immigration in Sweden – The next few years that will be the fastest recorded
In relation to its size, Sweden has long accepted more refugees than any other European country. So when over a million migrants came to Europe last year, with even more on their way this year, a large share sought asylum in Sweden. Attracted by Stockholm’s generous immigration policies, more than 160,000 migrants applied for refugee … Continue reading
Kids Career Counselling – Who + Why = What
Students who don’t already have a career in mind, she says, are then encouraged to think in terms of two other questions: “What do you like?” and “What are you good at? ”Those are both perfectly fine questions, as far as they go. “But they don’t go nearly far enough,” Fortgang says. “Counselors — and … Continue reading
Aboriginal children In Canada – Accounted for 7% of all children in Canada but 48% of all foster children
This study uses data from the National Household Survey (NHS) to examine the living arrangements of Aboriginal children aged 14 and under, and includes results about Aboriginal children who lived with a lone parent, with their grandparents, or in a stepfamily. The study also provides key statistics about Aboriginal foster children. In 2011, there were … Continue reading
High-income in US – Those above $250,000 paid 51.6% of all individual income taxes in 2014
In 2014, people with adjusted gross income, or AGI, above $250,000 paid just over half (51.6%) of all individual income taxes, though they accounted for only 2.7% of all returns filed, according to our analysis of preliminary IRS data. Their average tax rate (total taxes paid divided by cumulative AGI) was 25.7%. By contrast, people with incomes of less than … Continue reading
Canada – The majority of parents are satisfied with their work-life balance
Overall, most parents who work full-time are satisfied with their work-life balance. In 2012, 3 out of 4 parents said they were satisfied or very satisfied with this balance (75%). The others were “neither satisfied nor dissatisfied” (15%), “dissatisfied” (8%) or “very dissatisfied” (1%). Of the parents who said that they were not satisfied, the most frequently mentioned … Continue reading
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