Job Market Monitor
Michel Cournoyer
Ontario – An experiment with basic income buried away in Ontario’s 2016 budget
Buried away in Ontario’s 2016 budget documents are unspecific plans for the Canadian government to start giving a guaranteed, unconditional salary away to a few people just for being alive. “The pilot project will test a growing view at home and abroad that a basic income could build on the success of minimum wage policies and increases in … Continue reading
Older Women – Study finds robust evidence of age discrimination in hiring
A study that came out last fall by economists at the University of California at Irvine and Tulane University found “robust evidence of age discrimination in hiring against older women.” The data show that it is harder for older women to find jobs than it is for older men. The researchers created 40,000 job applications … Continue reading
US – The productivity miracle is over Robert Gordon says
In his magisterial new book, The Rise and Fall of American Growth, the Northwestern University professor [Economist Robert Gordon] lays out the case that the productivity miracle underlying the American way of life was largely a one-time deal. It was driven by a flurry of technologies—electric lights, telephones, automobiles, indoor plumbing—that fundamentally transformed millions of … Continue reading
Alberta – Unemployment rate at highest level in more than 20 years
Alberta’s unemployment rate hit its highest level in more than 20 years in February, after climbing more than 2.5 points in the past year. Statistics Canada reported Friday that the province’s unemployment rate hit 7.9 per cent in February, its highest mark since August 1995. That’s up 0.5 points from January and 0.6 points higher than the … Continue reading
Finland – A labor pact could be clinched
Finland’s government sees good prospects for unions and employers’ representatives to reach a comprehensive labor reform deal next week, Economic Affairs minister Olli Rehn said on Friday. A handful of Finnish unions have opposed a proposed labor pact, a centerpiece of government efforts to haul the economy decisively out of recession by making exports more … Continue reading
The Digital Economy – Dislocations in labor markets, with old industries and jobs disappearing Don Tapscott says
In the book, I warned that technology might actually destroy more jobs than it was creating. I asked, “How will we manage the transition to new types of work and a new knowledge base for the economy? ”Now, for the first time in modern history, economic growth in OECD countries is not generating a commensurate … Continue reading
Sleep In US – 58 percent feel they don’t get enough and 61 percent say it has a negative impact on their work
For many people, daylight savings time is less about “spring forward” and more about falling behind…their sleep schedule. And many of us can’t afford to lose out on any more sleep. According to a new survey from CareerBuilder, over half of workers (58 percent) feel they don’t get enough sleep, and 61 percent say lack … Continue reading
Youth in EU – The best educated ever yet, 8.7 million young people aged 15-29 are unemployed
The EU Youth Report reveals that generally young people are better educated than their predecessors and less young people drop out of school in the EU. Yet, 8.7 million young people aged 15-29 are unemployed, 13.7 million are not in employment, education or training (NEETs) and close to 27 million are at risk of poverty … Continue reading
Grads in Canada – Management sciences and quantitative methods graduates highest earners among bachelor’s degree holders
On average, 25- to 54-year-old male bachelor’s degree graduates who worked full year, full time, in 2010, earned $87,543 in 2010 dollars (Chart 1). Among them, management sciences and quantitative methods graduates earned the most—$130,547, or $43,004 more than the average male bachelor’s degree graduate (after adjusting for age). These graduates were followed closely by … Continue reading
Immigration in Canada in 2016 – The most immigrants it has since the 1910s
Following Immigration Minister John McCallum’s speech on March 8, 2016 at the Brampton Multicultural Community Centre, many were left wondering about the direction presented for this year. While Minister McCallum was quoted saying that this is a “significant shift” in policy, it remains to be seen when these changes will be implemented, and of the … Continue reading
Robots and Jobs in US – Two-thirds of Americans expect that robots and computers will do much of the work currently done by humans within 50 years
A majority of Americans predict that within 50 years, robots and computers will do much of the work currently done by humans – but few workers expect their own jobs or professions to experience substantial impacts Chosen excerpts by Job Market Monitor. Read the whole story at Future of Workforce Automation: Americans’ Predicitions | Pew Research … Continue reading
Job Search in US – Smartphones as a central part of the digital world
Smartphone adoption has grown rapidly in the U.S. Today, 68% of U.S. adults own smartphones, up from 35% in 2011. Beyond calls and texts, smartphone owners use their devices to accomplish a number of tasks – including getting directions, applying for jobs and getting health information. For some Americans, particularly younger adults, minorities and lower-income … Continue reading
Job Report in Canada, February 2016 – Employment was virtually unchanged and unemployment rate rose by 0.1 percentage
Employment was virtually unchanged in February (-2,300 or 0.0%) as gains in part-time work were offset by losses in full time. The unemployment rate rose by 0.1 percentage points for the third consecutive month, reaching 7.3% for the first time since March 2013.On a year-over-year basis, employment grew by 0.7% (+118,000), with the gains mostly coming from full-time work (+82,000 or +0.6%). At … Continue reading
US – Income Inequality leads low-income boys to drop out of high school more often
Greater income gaps between those at the bottom and middle of the income distribution lead low-income boys to drop out of high school more often than their counterparts in lower inequality areas, suggesting that there is an important link between income inequality and reduced rates of upward mobility, according to a new paper presented today … Continue reading
Europe – Is there a ‘double dividend’ of cleaner energy and job creation?
It is widely accepted that the transition to low-carbon technologies in the energy sector will have positive impacts on the environment through reduced emissions and will thus raise the chance to avoid dangerous climate change by keeping global warming below the threshold of 2°C above pre-industrial levels. However, there is an ongoing debate about the … Continue reading
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