Job Market Monitor
Michel Cournoyer
Skills Gap in Georgia – Many firms complain about the quality of workforce education
Many firms in Georgia complain about the quality of workforce education, especially technical and vocational, which is one indicator of a skills gap. Roughly, one firm in five sees workforce education as a major or severe problem. To put this figure into context, workforce education is deemed by a bigger problem than other labor related … Continue reading
Youth Unemployment in US – A National Tragedy says Senator Bernie Sanders of Vermont
Calling youth unemployment “a national tragedy,” Sen. Bernie Sanders (I-Vt.) today cited a new national study which found that unemployment among recent high school and college graduates is much worse than previously estimated. At Sanders’ request, the Economic Policy Institute analyzed census data on unemployment among young people who are jobless, working part-time when they … Continue reading
China – A “Jingying” (elite) job-search platform
Market leader 51Jobs.com is investing heavily in a new aggressive strategy. In February, presumably in an attempt to move into the area of executive recruiting, it launched the beta version of 51JingYing.com, a job-search platform that targets the higher end of the recruitment spectrum and provides a platform to connect headhunters and more experienced workers. … Continue reading
Nigeria – Unemployment to 7.5% (from 6,4%)
The National Bureau of Statistics, NBS, has disclosed that the nation’s unemployment rate has jumped to 7.5% in the first quarter of the year 2015 compared to 6.4% in the fourth quarter of 2014. This was contained in a report made available to journalists over the weekend. NBS explained that the number of unemployed persons … Continue reading
2015 US College Graduate – Only 15 percent want to work for a large-size company
This year’s college grads are more practical and job-ready than any crop in recent memory. But many of them are indicating they don’t want to work for your type of company. New grads have strengthened their link in the overall talent supply chain while many employers have not. Are you ready to meet that challenge? Only … Continue reading
China’s Skills Gap – Causes a sizeable share of graduates to take up jobs unrelated to their studies
The skills mismatch, defined as the difference between skills demanded by employers and those available in the market, can be captured using the MyCOS survey data based on the answers of over 150 000 graduates in 2013, six months after graduation. The survey asked graduates to judge whether a certain skill type is important for … Continue reading
US Job Report for May – Total nonfarm payroll employment increased by 280,000 and
Total nonfarm payroll employment increased by 280,000 in May, and the unemployment rate was essentially unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, leisure and hospitality, and health care. Mining employment continued to decline. Household Survey Data In May, both the unemployment rate … Continue reading
Canada Job Report for May – Employment increased by 59,000
Employment increased by 59,000 in May, driven by gains in the number of private sector employees. The number of people participating in the labour market also rose in May, leaving the unemployment rate unchanged at 6.8% for the fourth consecutive month. Since the beginning of 2015, employment gains have averaged 20,500 per month. In the 12 months to May, employment increased by 192,000 (+1.1%), the … Continue reading
Workers Wages in US – Wage growth trailed the prerecession pace in two-thirds of cities where the Jobs Gap is closed
A Wall Street Journal analysis of Labor Department data points to persistent constraints on worker pay, even as the economy approaches full employment. The Journal found 33 U.S. metropolitan areas—from the small to the sizable—where unemployment rates and nonfarm payrolls last year returned to prerecession levels. In two-thirds of those cities—including Columbus; Houston; Oklahoma City; … Continue reading
Unemployment rate in Pakistan – At 13 year high
According to Pakistan Bureau of Statistics (PSB), unemployed people have been increased to 1.5 million since Nawaz Sharif has assumed the office in 2013. The current unemployment rate is higher than the fiscal year 2002. During the last year of Musharraf’s tenure, unemployment rate was 5.2% that rose to 6.2% in 2013 in the end … Continue reading
Job Clubs in the US – Evaluations of FBO/CBO-sponsored clubs
Over the past several decades, job search support groups, commonly referred to as “job clubs,” have evolved into one of several important activities used by the public workforce system and faith- and community-based organizations (FBOs/CBOs) to enhance worker readiness and employability, as well as to provide ongoing support to unemployed and underemployed individuals as they … Continue reading
Millennials in US – 75 percent of the workforce by 2025
By 2020, Millennials will comprise more than one of three adult Americans. It is estimated that by 2025 they will make up as much as 75 percent of the workforce. Millennials’ desire for pragmatic action that drives results will overtake today’s emphasis on ideology and polarization as Boomers finally fade from the scene. Thus, understanding … Continue reading
Women in the US Labor Force – A new databook by the BLS
In 2012, 57.7 percent of women were in the labor force, down 0.4 percentage point from 2011. Men’s labor force participation, which always has been much higher than that for women, also edged down in 2012, from 70.5 percent to 70.2 percent. (See tables 1 and 2.) The overall unemployment rate for women in 2012 … Continue reading
Persistent Poverty in the UK – 4.6 million people in 2013
This article provides analysis on people in persistent poverty and their associated characteristics. It shows that: In 2013, 7.8% of the UK population were considered to be in persistent income poverty, equivalent to around 4.6 million people. Persistent poverty is defined as being in relative income poverty both in the current year and at least two out of … Continue reading
Short-Term International Migration in UK – 53,000 international visits were made to England and Wales for 3 to 12 months for employment
This section explores patterns of short-term international migration for 3 to 12 months for employment (including those looking for a job). There are 2 definitions of “employment” to consider: employment as defined by the UN (henceforth referred to as “employment”) refers to the UN definition of employment, which includes migrants going to a definite new job, … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 