Job Market Monitor
Michel Cournoyer
Job vacancies in Canada – The job vacancy rate in the energy sector was more than twice as high as all sectors combined in 2011
Statistics Canada has measured the concept of job vacancies several ways since the 1960s, namely, using the Help Wanted Index from 1962 to 2003, the Job Vacancy Survey from 1971 to 1978, the Workplace and Employee Survey (WES) from 1999 to 2006 and since 2011, the Job Vacancy Statistics (JVS) produced from the Business Payrolls … Continue reading
Sleep, Skills and Human Capital – Sleep duration increases cognitive skills of workers aged over 45 years research finds
Economists have largely ignored the effects of sleep on health and human capital. The medical literature provides extensive evidence of the association between sleep deprivation and health. However, most of these studies do not attempt to analyze the causal relationship between sleep duration and health outcomes. Furthermore, we know relatively little about the effects of … Continue reading
Postes Vacants en Europe – En hausse à 1,6% dans la zone euro
Le taux d’emplois vacants s’est établi à 1,6% dans la zone euro (ZE19) au quatrième trimestre 2015, en hausse par rapport au taux de 1,5% enregistré au trimestre précédent et au quatrième trimestre 2014, selon les chiffres publiés par Eurostat, l’office statistique de l’Union européenne. Le taux d’emplois vacants dans l’UE28 s’est quant à lui … Continue reading
A Universal Basic Income (UBI) for a post-work economy
Many are now calling for a “universal basic income” (UBI)—where the state gives everyone enough to live on. This would put a floor under the class of people we’re calling the “precariat,” people for whom work doesn’t lead to increased financial security. It would free us from the bullshit, allowing everyone to benefit from automation, … Continue reading
UK – Making apprenticeships work for young women
Young Women’s Trust wants to see an apprenticeship system that offers young women the best opportunities and makes the most of their talents. Apprenticeships are an important route to skills development and work for young people. However, evidence shows that they are not working as well for young women as they are for young men. … Continue reading
ICT skills – The new literacy
“The new literacy” is the term Neelie Kroes, Vice-President of the European Commission, uses to describe an individual’s skill in mastering information and communication technologies (ICT). She justifies her choice of this phrase by arguing that “the online world is becoming a bigger part of everything we do. No wonder these [ICT] skills are becoming … Continue reading
Skills – Not only are there difficulties in defining skill, there is no agreed classification of the types of skills observed
Not only are there difficulties in defining skill, there is no agreed classification of the types of skills observed. Grugulis and Lloyd (2010, p.99) point out that there has been a ‘dramatic increase in the lexicon of skills’, while Thompson (2007, p.1364) comments that the ‘palette of skills’ has been widened ‘without normally deepening them’. … Continue reading
Zone Euro, quatrième trimestre 2015 – L’emploi a augmenté de 0,3%
Le nombre de personnes ayant un emploi a augmenté de 0,3% dans la zone euro (ZE19) et de 0,1% dans l’UE28 au quatrième trimestre 2015 par rapport au trimestre précédent, selon les estimations basées sur les comptes nationaux et publiées par Eurostat, l’office statistique de l’Union européenne. Au troisième trimestre 2015, l’emploi avait progressé de … Continue reading
Social Security in US – More people claim at their first opportunity
More people claim at their first opportunity More people claim Social Security at age 62, the earliest opportunity to get benefits, than any other age, according to a study of Social Security data by the Center for Retirement Research at Boston College. Few people wait beyond full retirement age to claim By contrast, only a … Continue reading
Japan – Population shrank by nearly a million in 5 years
Japan’s population shrank by nearly a million during the last half-decade, official census figures confirmed on Friday, an unprecedented drop for a society not ravaged by war or other deadly crisis, and one that helps explain the country’s persistent economic woes. It was the first time since Japan began collecting census data in 1920 that … Continue reading
Skills Gap in US – A multi-million dollar competition for states to expand access to career-pathway programs leading to high-skill, well-paying jobs
To address the youth unemployment crisis, we are committed to increasing the number of young people who get on a pathway to economic success by being college and career ready. To do this, first, we want to transform how states and cities develop career-focused education programs. JPMorgan Chase, the Council of Chief State School Officers … Continue reading
Gen Y – Paying the price for baby boomers
The full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world.A combination of debt, joblessness, globalisation, demographics and rising house prices is depressing the incomes and prospects of millions of young people … Continue reading
China – Labour protections are coming under fire
China’s labour protections are coming under fire from high places as economic restructuring pits officials concerned about social stability against a lobby arguing inflexible policies are stifling job creation and suppressing wages. Company executives, especially at foreign or private firms, have long been critical of labour contract legislation and minimum wage laws that make it … Continue reading
China – Steelmaker to cut 50,000 jobs
The global crisis hammering the steel industry is beginning to be felt in China, where one of the country’s biggest producers has said it may let go 50,000 of its 80,000-strong workforce. Chosen excerpts by Job Market Monitor. Read the whole story at Chinese steelmaker readies 50,000 jobs cuts as industry crisis deepens
Canada – How Express Entry works, and early results
Unlike earlier points-based systems, CRS does not automatically designate all those who have reached a certain threshold score as eligible for admission. Instead, Express Entry applies a dynamic ranking and management system: only a small group of top-ranking individuals in the pool at a time are issued an invitation to apply (ITA) by Immigration, Refugees, … Continue reading
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