Job Market Monitor
Michel Cournoyer
Only the U.S. and Japan are growing at similar rates compared with their precrisis growth
Among industrialized economies, only the U.S. and Japan are growing at similar rates compared with their precrisis growth rate after adjusting for changes in the working-age population, but their economies have still grown more slowly than expected. Chosen excerpts by Job Market Monitor. Read the whole story at Five Trends That Will Shape the Future of … Continue reading
The Talent War – Why good employees quit
The nine worst things that managers do that send good people packing. 1. They Overwork People 2. They Don’t Recognize Contributions and Reward Good Work 3. They Don’t Care about Their Employees 4. They Don’t Honor Their Commitments 5. They Hire and Promote the Wrong People 6. They Don’t Let People Pursue Their Passions 7. … Continue reading
Private Education in UK – 7% of the population but 71% of top military officers
A privately educated elite continues to dominate the UK’s leading professions, taking top jobs in fields as diverse as the law, politics, medicine and journalism, according to new research. The Sutton Trust educational charity has been carrying out similar surveys for more than a decade, and though it reports “small signs” of progress, this year’s … Continue reading
Skills Gap – Is this a reason to question the increasingly vocational nature of university courses?
Professional and vocational courses requiring 5 years’ post-secondary study are supposed to meet speci c needs for competences in a given area of employment. Young graduates believe they have acquired the speci c competences they think their employers require. In their view, the shortfall lies in their general competences. Is this a reason to question … Continue reading
Skills Gap in Ontario – In a groundbreaking pilot project by the Higher Education Quality Council
Executives in 20 recent employer surveys said they look to hire people with so-called “soft” or “essential skills” — communicating, problem-solving, critical thinking, teamwork — “yet this is where they see students being deficient,” said Harvey Weingarten, president of Ontario’s higher education think-tank. If these skills are so important, it’s time to actually test students … Continue reading
Applicants for NASA Astronaut Job – Over 18,000 for 14 places
More than 18,000 people have applied for just 14 places on NASA’s latest astronaut training intake, according to the space agency. That figure surpassed the record set in 1978 of 8,000 applications said NASA in a statement.Applications this time around opened in mid-December and closed Thursday 18th February. Chosen excerpts by Job Market Monitor. Read the … Continue reading
VET perception and Attractiveness in Europe – The chance to earn while learning is a key
With astonishing rates of youth unemployment across many european member states, policy makers are increasingly called into action in order to tackle a generational plague affecting both european youth, and the overall prosperity of the continent. The observation that countries with low youth unemployment rates are those where Vocational Education and Training (VET) and apprenticeship programmes … Continue reading
Income inequality in UK – Gini coefficients from 1977 to 2014/15
There are a number of different ways in which inequality of household income can be presented and summarised. Perhaps the most widely used measure internationally is the Gini coefficient. Gini coefficients can vary between 0 and 100 and the lower the value, the more equally household income is distributed. Analysis of Gini coefficients for all … Continue reading
Brazil – Unemployment has doubled in three years
Brazil was downgraded yet again this week by Standard & Poor’s to BB-, and unemployment has doubled in three years from a little over 4% to 9%, the Brazilian Institute for Geography and Statistics, or IBGE, said on Friday. Jobs in Brazilian manufacturing are on the wane, with job totals declining 6.2% last year, the … Continue reading
Just one malicious employee among the ranks can wreak havoc on your company culture
There’s a lot to be said for the old saying, “One bad apple can spoil the whole barrel.” Not only is that true for fruit, but it holds a lot of merit in the workplace. Just one malicious employee among the ranks can wreak havoc on your company culture. Toxic employees have an unhealthy ripple effect … Continue reading
Labor Force Participation in US – About half of the decline is attributable to the weakness of the economy rather than changes in demographics
Between 2007 and 2015, the LFPR dropped 3.4 percentage points, equivalent to over 8 million people leaving the labor force. About half of this decline is attributable to the weakness of the economy rather than changes in demographics. Factoring in the rise in unemployment over this period, this translates into over 5 million fewer people … Continue reading
Income from the Platform Economy in US – Increased 47-fold over three years
Americans experience tremendous income volatility, and that volatility is on the rise. Income volatility matters because it is hard to manage. The typical household faces a shortfall in the nancial bu er necessary to weather this volatility. Moreover, the decline in real wages since 2009 for all income groups except the top 5th percentile means … Continue reading
Resume – 7 trends
These 7 resume trends will help you ensure you are ahead of the competition… and viewed as more-than-ready to take on your next role. 1. Customize for the Audience AND the Position 2. Make it Easy for Readers to Digest Your Information 3. Lead with Your Achievements 4. Treat Your Resume as Your Personal Marketing Tool 5. … Continue reading
US – Wages are lower for BA holders raised on low incomes
The proportional increase for those who grew up poor is much less than for those who did not. College graduates from families with an income below 185 percent of the federal poverty level (the eligibility threshold for the federal assisted lunch program) earn 91 percent more over their careers than high school graduates from the … Continue reading
Italy – The fewest births ever and the population shrank
Fewer babies were born in Italy in 2015 than in any year since the modern state was founded 154 years ago, and the population shrank for the first time in three decades, data showed on Friday.Adding to the gloomy picture, the number of deaths jumped more than 9 percent over the previous year. That left … Continue reading
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