Job Market Monitor
Michel Cournoyer
Korée – Le taux de chômage en hausse à 3,9% en juin
En raison de la répercussion sur l’économie nationale du coronavirus du syndrome respiratoire du Moyen-Orient (MERS-CoV), le taux de chômage a connu en juin une légère hausse pour atteindre 3,9%, a annoncé ce mercredi l’Institut national des statistiques (KOSTAT). Le mois dernier, le taux de chômage s’était élevé à 3,8%. Le nouveau chiffre marque une … Continue reading
Gender Gap in US – The fields that women and man students choose during recessions
Graduating into a recession stunts the careers of the young men and women entering the labor market. But it turns out a lot of students don’t sit back and passively accept this outcome: Many students who see a recession during their early college years switch to majors with better job prospects. According to new research from Benjamin … Continue reading
South Africa – Needs more investment, jobs and a public employment service as a one-stop shop OECD says
Labour market reforms can raise employment and incomes. Establishing a public employment service as a one-stop shop for job seekers would make it easier for people to find jobs, and for employers to find the right workers. Costly industrial actions have held back the economy without delivering major gains to workers. To reduce conflict and … Continue reading
Gender Gap in UK – Majority of men and women surveyed agree that people in their workplaces are treated fairly regardless of their gender report says
New research reveals that most women don’t see their workplace as being discriminatory against women, despite widespread official reports to the country. Why is this? And what can businesses do to improve gender equality, particularly those that have difficulty attracting women? Despite the legal requirement to ensure gender equality in the workplace, many organisations are … Continue reading
Gender Gap at Retirement in US – The average total income of women over age 65 is just 55 percent of older men’s income
Democrats in Congress often lament the fact that full-time working women in the United States earn 78 cents for every dollar men earn, but less attention is paid to the much wider and harder-hitting income gap for women in retirement. According to a report Sen. Patty Murray (D-Wash.) released Thursday, the average total income of … Continue reading
Youth Unemployment in Europe – A chart
According to Eurostat, youth unemployment is still unrelenting across Europe. In March 2015, the most recent month where data is available for all 28 EU nations, Spain had the worst unemployment rate for people under 25 years of age, 49.9 percent. Greece was only marginally better off with 49.7 percent. You will find more statistics … Continue reading
Healthcare Occupations in US – 11.8 million workers in May 2014 with 2.7 million registered nurses, the largest occupation
In May 2014, there were 11.8 million workers employed in healthcare practitioner, technical, and support occupations. Among those, 2.7 million were registered nurses, the largest occupation. Anesthesiologists earned the most, with an average annual wage of $246,320. Among healthcare support occupations in May 2014, there were 1.4 million nursing assistants. The average annual wage for nursing … Continue reading
US – More than one in ten unemployed in 2014 were jobless for 99 weeks or longer
Share of long-term unemployed reached a record high in 2010 The long-term unemployed are people who have been looking for work for 27 weeks or longer. After expanding for 3 consecutive years, the number of long-term unemployed reached a record high of 6.7 million—or 45.1 percent of the unemployed—in the second quarter of 2010. Since … Continue reading
Workplace – Rudeness is contagious research finds
Rudeness in the workplace isn’t just unpleasant: It’s also contagious. Encountering rude behavior at work makes people more likely to perceive rudeness in later interactions, a University of Florida study shows. That perception makes them more likely to be impolite in return, spreading rudeness like a virus. “When you experience rudeness, it makes rudeness more … Continue reading
Skilled Migrant Limit Reached in UK – CBI urges Cameron to lift it
David Cameron is risking the economic recovery by refusing to lift the cap on skilled foreign workers coming to the UK, the CBI has said. The monthly limit on visas was hit for the first time since it was introduced, in June and already again this month. Up to 20 firms have complained that they … Continue reading
UK – Only one in five employers set targets for the number of disabled employees Business Disability Forum finds
With expenditure on staff turnover in just 5 sectors costing UK business more than £4 billion each year and the average cost of replacing individual employees estimated at £30,000, Business Disability Forum (BDF) is thrilled to release the first ever report about the skills, confidence and practices that help retain and develop employees with disabilities … Continue reading
A job is an old-fashioned idea from the twentieth century Professor Muhammad Yunus says
LinkedIn recently had the honor of hosting Nobel Peace Prize recipient, Professor Muhammad Yunus, at our LinkedIn Speaker Series. Professor Yunus delivered an inspiring talk on his experiences empowering impoverished entrepreneurs through microcredit and microfinance — a topic that closely aligns with LinkedIn’s vision of creating economic opportunity for every member of the global workforce… … Continue reading
Canada – Interest rate drops to another record low as a recession is feared
The Canadian dollar has plunged to its lowest point since 2009, and the country’s clouded political future became even murkier as the Bank of Canada dropped its key interest rate to a record low for the second time this year, confirming that the national economy is shrinking as the country heads into an election. Bank … Continue reading
The FED / Yellen’s Semiannual Testimony – Total increase in employment since its trough to more than 12 million jobs
Since my appearance before this Committee in February, the economy has made further progress toward the Federal Reserve’s objective of maximum employment, while inflation has continued to run below the level that the Federal Open Market Committee (FOMC) judges to be most consistent over the longer run with the Federal Reserve’s statutory mandate to promote … Continue reading
US – Employee or independent contractor ? DOL issues with fresh guidance
The Labor Department has waded into a heated workplace issue with fresh guidance on how businesses should distinguish between employees and independent contractors. So-called employee misclassification has become a hot topic recently as the economy has changed and hundreds of growing businesses such as Uber Technologies turn increasingly to contract workers. On Wednesday, the administrator … Continue reading
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