Job Market Monitor
Michel Cournoyer
Youth Work Programmes across the EU – Valuable work skills such as responsibility, reliability, planning, problem solving and managing (but also entrepreneurial skills) can be gained
The expert group examined a wide range of initiatives involving youth work, across the EU, to support and promote the employability of young people. In doing so this report provides an insight and guidance for all those working with young people as to how the application of youth work principles and practice can support their … Continue reading
Wage Subsidies for Young People – Payroll tax reductions have moderate positive effect, targeted generous and long-lasting hiring subsidies can
Wage and hiring subsidy programmes have been part of the toolbox of Active Labour Market Programmes (ALMPs) for more than 30 years; the recent economic crisis has had a particularly detrimental effect on the labour market situation of youth and a number of European countries have introduced hiring subsidies as a means of fighting youth … Continue reading
Weight and Work – 44 percent of workers say they’ve gained weight in their current job
Women (49 percent) are more likely than men (39 percent) to report gaining weight While a quarter of employees have access to employer-sponsored wellness benefits, 55 percent of this group does not take advantage of them Fewer than half of workers with extremely low stress levels (41 percent) feel they are overweight compared to 77 … Continue reading
Job Report in Canada, March 2016 – Employment increased by 41,000 (+0.2%), lowering the unemployment rate to 7.1%
After three months of little change, employment increased by 41,000 (+0.2%) in March, lowering the unemployment rate by 0.2 percentage points to 7.1%. With the gains in March, employment grew by 0.2% in the first quarter (+33,000). This was the fourth consecutive quarter with 0.2% employment growth. In the 12 months to March, employment increased by 130,000 (+0.7%), the result of growth in full-time work. Over … Continue reading
A 15 $ Minimum-Wage – Would yield $17.08 worth of purchasing power in Macon, Georgia, but only $12.26 in New York City
Price disparities can make a big difference when it comes to comparing wages. When we discussed this subject in a previous post, we found that a $15 nationwide minimum wage would yield $17.08 worth of purchasing power in Macon, Georgia, but only $12.26 in New York City, once the differing price levels in the two cities were taken … Continue reading
Social Security in US – What if we were to recast it as true insurance?
What if we were to recast regular Social Security as true insurance? Insurance is something that pays out only when things go wrong. If you don’t have a car crash, or your house doesn’t burn down, you don’t get your premiums back later in life. What you do get is protection and peace of mind. … Continue reading
Character Skills – Forms of childhood misbehaviour at school are valued in the labor market
Even if measurement is correct, and there is no gaming or cheating by teachers or schools, it is not obvious which character skills we want to reward or punish. To illustrate this point, in recent research, my research team and I look at roughly 7,000 men and women who were born in the same week … Continue reading
Fiscal Policy and Youth Unemployment – Direct intervention in youth labour markets is also called for
One of the most consistent findings of the literature on the causes of youth labour market outcomes is that aggregate demand is a fundamental determinant of the state of the youth labour market. Recent research has also reaffirmed the importance of expansionary fiscal policy in counteracting, or at least mitigating, the negative effects of the … Continue reading
Recent Graduates in Education in US – A puzzling picture
The picture for the most recent graduates is more puzzling. Remembering that we are looking only at those who are employed, it’s surprising that the majority in the final year of the data are employed somewhere other than in education. Maybe some of this has to do with how the data was collected. (A respondent … Continue reading
Job Interview – What candidates should never ask
1. Questions You Should Already Know The key to the Q&A is realizing that the questions you ask are a reflection of what is important to you, your preparation and existing knowledge. Don’t ask questions that you should already know the answer. 2. Questions That Disempower You Under the stress of an interview, many people tend … Continue reading
Job Cuts in Banks – Another 30% could be lost
The downsizing of the bank workforce is about to accelerate as more technology takes over jobs humans used to do, according to a new Citigroup report. Another 30% of bank jobs could be lost between 2015 and 2025, mainly due to retail banking automation, Citi warned. “Fintech is forcing banking to a tipping point,” Citi … Continue reading
Minimum Wages in US – Business executives support the increase internal survey shows
Whenever minimum wage increases are proposed on the state or federal level, business groups tend to fight them tooth and nail. But actual opposition may not be as united as the groups’ rhetoric might make it appear, according to internal research conducted by a leading consultant for state chambers of commerce. The survey of 1,000 … Continue reading
Canada’s petroleum industry – 40,000 jobs cut and more layoffs still to come
After almost two years of sinking oil prices and at least 40,000 job cuts, Canada’s petroleum industry still isn’t finished tackling its bloated operations. The next round of layoffs has already begun with Cenovus Energy Inc. and Murphy Oil Corp. announcing workforce reductions last week. Ongoing cuts by Suncor Energy Inc., Encana Corp. and others … Continue reading
Labour Force Statistics in OECD, 2015 – Unemployment rate by country
This annual edition of Labour Force Statistics provides detailed statistics on population, labour force, employment and unemployment, broken down by gender, as well as unemployment duration, employment status, employment by sector of activity and part-time employment. Chosen excerpts by Job Market Monitor. Read the whole story at OECD Labour Force Statistics 2015 – OECD Bookshop
Working Time in Europe – The direct participation of social partners in more than two thirds of Member States
Working time is a key element of working life and its regulation has, for decades, been at the core of political, economic and social discussions at national and EU level. In the European Union, working time duration and organisation is regulated by different combinations of legislation, including the Working Time Directive, as well as collective … Continue reading
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