Job Market Monitor
Michel Cournoyer
The Distribution of Household Income in US – 3 Graphs by CBO
The Distribution of Household Income, Federal Taxes, and Government Spending | Congressional Budget Office.
State and Local Government in US – 73 percent hiring
For the second year in a row, state and local governments are hiring. In a survey of state and local government human resources managers, 73 percent reported hiring employees in the past year (up from 66 percent in last year’s survey), and 54 percent hired more people than they did in 2013. At the same … Continue reading
Persons with a Disability in US – 17.1 percent were employed vs 64.6 percent for those without
In 2014, 17.1 percent of persons with a disability were employed, the U.S. Bureau of Labor Statistics reported today. In contrast, the employment-population ratio for those without a disability was 64.6 percent. The ratio for persons with a disability declined by 0.5 percentage point from 2013 to 2014, while the ratio for those with no disability increased by 0.6 … Continue reading
US – Import competition from China reduces manufacturing employment St-Louis Fed finds
In theory, trade is good. In practice, considerable debate exists on whether importing foreign goods has an adverse effect on the domestic economy (and on the labor market in particular). The impact of this effect depends on whether foreign goods compete with or complement local production. For example, if imported computers can easily substitute for … Continue reading
Canada – Unionization rates is falling
The Canadian trade union movement grew out of the industrialization of the economy at the end of the 19th Century. At that time, unions were predominately a male domain and remained so until the 1960s. Today, a union member is slightly more likely to be a woman, and working in an office, school or hospital, … Continue reading
Lawyers in US – Side work on the rise
While the pace of hiring has slowed for full-time, salaried lawyers, the numbers of lawyers who do legal work on the side while holding down other jobs is growing rapidly. Nationwide, EMSI estimates jobs for those who draw miscellaneous income as lawyers (income that isn’t derived from their primary job) have grown 25% since 2009 … Continue reading
Employment Growth Rates in Canada – Most firms exhibit little organic growth StatCan finds
Studies on job growth typically seek answers to questions such as: What is the source of the growth of jobs? Does job growth lie predominantly in small, large, young or old firms? Where is job growth strongest? Where is it most volatile? An earlier Statistics Canada study, published in The Daily on July 5, 2012, showed that … Continue reading
MOOC – Top 10 Courses of 2014
Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship – University of Maryland, College Park | Coursera Introduction to Statistics – Stanford University | Udacity Learning How to Learn: Powerful mental tools to help you master tough subjects – University of California, San Diego | Coursera Introduction to Computer Science – University of Virginia … Continue reading
Job Report in UK – Employment up 114,000 compared with the previous quarter
There was an increase in employment and a fall in unemployment, when comparing February to April 2015 with the 3 months to January 2015. Main points for February to April 2015 Comparing the estimates for February to April 2015 with those for the 3 months to January 2015, employment continued to rise and unemployment continued … Continue reading
National Oilwell Varco – To cut 1,500 jobs
Houston-based oil equipment maker National Oilwell Varco’s Norwegian arm said Wednesday it is shedding 1,500 jobs, or about a third of its staff here, as sales drop on lower oil prices and industrywide spending cuts, a day after Norway’s dominant oil company Statoil ASA announced a similar-sized job cut. National Oilwell Varco Norway said it … Continue reading
Hillary Clinton’s on Apprenticeship – $1,500 for hiring an apprentice
Hillary Clinton, unveiling the latest plank of her policy platform, on Wednesday will call for a new tax credit to benefit companies that hire people as apprentices. The proposal will be debuted during a campaign swing through South Carolina and, in a bit of political gamesmanship, builds off a proposal from one of the Palmetto … Continue reading
Canada for March 2015 – 5.9 Unemployed people for every job vacancy
Canadian businesses reported 232,000 job vacancies in March, up 23,000 compared with 12 months earlier. For every job vacancy, there were 5.9 unemployed people, down from 6.7 in March 2014. This decline in the ratio was the result of both fewer unemployed people and more job vacancies. Unemployment-to-job vacancies ratio declines in four provinces In Quebec, there were 6.6 unemployed people for every job vacancy, down from 10.0 in March 2014, … Continue reading
Canada – No evidence of a national labour shortage at present or into the foreseeable future research finds
This report outlines the findings of a knowledge synthesis project which was established to gather and learn more about what the best existing peer-reviewed research reveals about labour and skills supplies in Canada now and in the near future. This study identifies not only what is known but also the gaps in research relating to … Continue reading
UK’s North Sea – Job losses raise skills and safety concerns
Cost-cutting in Britain’s North Sea oil and gas sector could lead to more acute skills shortages in future, industry experts have warned, with some expressing concerns that safety could be compromised. A plunge in crude prices over the last 12 months has prompted oil majors such as Royal Dutch Shell, BP , Chevron and ConocoPhillips … Continue reading
Gap – To cut 250 jobs at headquarters
Apparel retailer Gap Inc said it would close 175 Gap stores in North America, including 140 this year, and cut about 250 jobs at its headquarters. The company has been struggling with a persistent slump in sales at its namesake brand. Chosen excerpts by Job Market Monitor. Read the whole story at REFILE-Gap to close 175 stores, … Continue reading
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