Job Market Monitor
Michel Cournoyer
Minimum Wages in Europe – A decline in real terms between in 15 out of 21 Member States
Against the background of inflation affecting European countries, minimum wage workers in 15 out of 21 Member States with statutory minimum wages registered a decline in their wages in real terms between 1 January 2021 and 1 January 2022. This was despite comparatively large increases in nominal rates in the EU during the period. The … Continue reading
Robots and Jobs in Europe – The effects are generally larger in countries with low or average levels of labour costs
The use of robots has multiplied during the last two decades. Between 2000 and 2017, robot exposure, as measured by the number of industrial robots per 1,000 workers, has quadrupled in Europe as a whole; and it has doubled in Germany, which deploys the highest number of robots per worker in Europe. In high-income countries, … Continue reading
College Grads in US – About 50 percent of recent college graduates are living and working in the metro area nearest the institution they attended
A principal aim of colleges is to equip students with knowledge, skills, and connections that will lead to labor market success and future wellbeing. A clear understanding of the labor markets in which a college operates stands to inform institution-level decision-making as well as broader questions about links between college-going and economic development, mobility, and … Continue reading
Job Outlook to 2026 in Australia – Four services industries are projected to provide almost two-thirds of the total projected employment growth
The National Skills Commission (NSC) Employment Projections provide a guide to the likely direction of the jobs market over the next five years. Each year these projections are updated to reflect emerging trends and developments. The latest data available are for the five years to November 2026. Projections by industry Four services industries are projected to provide … Continue reading
Value of Skill Vacancies in Canada – $25 billion in 2020, which is equivalent to 1.3 per cent of GDP
This issue briefing looks at the economic cost to Canada of being unable to fill all the demand for skills. We estimate that the unrealized value of skill vacancies in the Canadian economy was $25 billion in 2020, which is equivalent to 1.3 per cent of GDP. This represents the sum of the unrealized skill … Continue reading
Temporary Agricultural Workers in Canada – How to strengthen programs with the arrival of large numbers of Central Americans
The arrival of large numbers of Central Americans at the U.S.-Mexico border in recent years and the complex motivations driving them to leave their countries has once more demonstrated the need for comprehensive strategies to manage migration through the region. The lion’s share of these migrants come from El Salvador, Guatemala, and Honduras, and poverty, … Continue reading
Generation Z – Will soon surpass Millennials as the most populous generation on earth
Generation Z will soon surpass Millennials as the most populous generation on earth, with more than one-third of the world’s population counting themselves as Gen Zers. In the US, Gen Z constitutes more than a quarter of the population and, by 2020, will be the most diverse generation in the nation’s history. As Gen Zers … Continue reading
Future of Work in UK – 5 qualitative scenarios
To ensure effective provision of skills in the future, it is important to assess what the future labour market in the UK might look like. While quantitative projections are available, the future of the labour market is shaped by many factors, which are often characterised by great uncertainty. This can make planning effective policy intervention … Continue reading
Lettre au Devoir – Pour un permis de travail temporaire du Québec
par Michel Cournoyer, économiste, éditeur du Job Market Monitor / Moniteur de l’emploi Le gouvernement du Québec prévoit que plus de 30 000 personnes utiliseront le chemin Roxham pour entrer de façon « irrégulière » au Canada en 2022. Une part importante de ces personnes se retrouvent à l’aide sociale en attendant de recevoir leur … Continue reading
Transition Écologique – L’agencement de nouvelles compétences est l’un des grands constats
Que sait-on de la façon dont la « transition écologique et énergétique », selon la terminologie en vigueur dans les politiques publiques françaises, transforme les activités et les emplois ? Alors que l’on peine encore à mesurer l’ampleur et la nature du verdissement des métiers, comment les acteurs de la formation et les entreprises se … Continue reading
Job Openings in US (end of April) – Decreased by 455,000 or 7.0 percent to 11.4 million
[In case you missed ] The number of job openings decreased to 11.4 million on the last business day of April … On the last business day of April, the number and rate of job openings decreased to 11.4 million (-455,000) and 7.0 percent, respectively. The largest decreases in job openings were in health care and … Continue reading
UK Manufacturing Skills – Empowering employer and education provider partnerships along with regional bodies
The All-Party Parliamentary Manufacturing Group recommends that government empowers industry and education provider partnerships to ensure a manufacturing workforce fit for the future. Today Policy Connect and the All-Party Parliamentary Manufacturing Group publish their latest report: Supporting UK manufacturing Skills in a post Covid-19 world. The report outlines how the government can support the development … Continue reading
Technology and Public Employment Services (PES) – Freeing staff from routine tasks enables them to focus on more specialized functions, such as working with targeted beneficiaries and undeserved groups
The combined effects of the global pandemic and the general trend of digitalization are pushing public employment services to accelerate their use of innovation to develop and deliver simpler, faster and better services for clients. This report provides a global overview on how public employment services are approaching technology to improve service delivery, prior to … Continue reading
Labor Shortage in US – To Fix it, solve the care crisis
Ongoing labor and talent shortages threaten US economic leadership and future growth. Even as the country approaches a return to prepandemic levels of employment and workforce participation, it faces historic job vacancies: there are 5 million more open jobs than people in the workforce. To address this shortage, US policymakers and employers must act decisively … Continue reading
Inflation in US – Consumer Price Index increased 8.6 percent over the last 12 months, the highest increase since December 1981
The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.6 percent before seasonal adjustment. The increase was broad-based, with the … Continue reading
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