Job Market Monitor
Michel Cournoyer
Overqualified and Underutilized – Online talent platforms can ease these problems says McKinsey
Labor markets around the world have not kept pace with rapid shifts in the global economy, and their inefficiencies take a heavy toll. Millions of people cannot find work, yet sectors from technology to health care cannot find people to fill open positions. Many who do work feel overqualified or underutilized. Online talent platforms can … Continue reading
Prolonged Sitting of Sedentary Office Workers – An expert recommendations on
An expert statement on the impact of prolonged sitting in the office has been published today by the British Journal of Sports Medicine (BJSM). The statement, The Sedentary Office: a growing case for change towards better health and productivity, includes one of the most comprehensive sets of recommendations published to date on breaking up sedentary activity in … Continue reading
Germany – Unemployment declined for an eighth month in May
German unemployment declined for an eighth month in May as companies increased hiring in a sign of confidence that Europe’s largest economy will continue growing. Joblessness fell a seasonally-adjusted 6,000 to 2.79 million, the Federal Labor Agency in Nuremberg said on Tuesday. Economists had predicted a drop of 10,000. The unemployment rate remained at 6.4 … Continue reading
France – Unemployment at record high
The jobless rate in France jumped to a fresh record high in April, in a blow to President Francois Hollande, who has pledged not to seek a second term in office if he fails to reverse the increase in unemployment. The number of people out of work in eurozone’s second largest economy climbed 26,000 in … Continue reading
Tunisia – More than 1.2 million lived abroad out of a total population of 11 million in 2012
With more than 1.2 million Tunisians living abroad in 2012 out of a total population of 11 million, Tunisia is, and has long been, a prime emigration country in the Mediterranean region. Dating to the country’s independence in 1956, Tunisian emigration has been heavily dominated by labor migration to Western Europe, especially to the former … Continue reading
Federal Reserve Board’s Survey – Forty-nine percent of part-time workers and 36 percent of all workers would prefer to work more hours
As the economy of the United States continues to rebound from the Great Recession, the well-being of households and consumers provides important infor- mation about the scope and pace of the economic recovery. In order to monitor the financial and eco- nomic status of American consumers, the Federal Reserve Board began conducting the Survey of … Continue reading
Retirement in US – Social Security provides most of the income for about half of households age 65 and older
Many retirees and workers approaching retirement have limited financial resources. About half of households age 55 and older have no retirement savings (such as in a 401(k) plan or an IRA). According to GAO’s analysis of the 2013 Survey of Consumer Finances, many older households without retirement savings have few other resources, such as a … Continue reading
International Students in London – £2.3 billion success story
New research from London First and PwC shows international students are a boon to the UK, bringing a net benefit of £2.3 billion to the UK economy from London universities alone. The report, London Calling: International students’ contribution to Britain’s economic growth, concludes that the capital’s higher education system is an export success story, with 92 … Continue reading
Occupational Licensing in US – Those with a license earn higher pay, are more likely to be employed, and have a higher probability of receiving retirement and pension plan offers
Occupational licensing has become increasingly important in the regulation of services in the United States. The number of occupations requiring a license has grown since the 1970s, as has the percentage of workers who have attained or are covered by a governmental license. The number of studies analyzing occupational regulation, however, has not kept pace. … Continue reading
Record Unemployment in France – 100,000 state-sponsored jobs to come
The French government said it will create 100,000 extra state-sponsored jobs after data showed the number of unemployed people in France reached a fresh record high in April. Labor Minister Francois Rebsamen announced the plans on Monday as he reported the number of category A job seekers– defined as registered job seekers who are fully … Continue reading
EU – A Single Labor Market has not been accomplished yet
A Single European Labor Market, particularly involving the free movement of workers within Europe, has been a goal of the European community since the 1950s. While a Single European Labor Market may create certain drawbacks, it certainly entails benefits that are likely to outweigh the downsides. Labor market experts agree that free labor mobility is … Continue reading
Quality of Life EU – Most satisfied with their personal relationships and least with their financial situation and time use
On the occasion of the launch of this flagship publication, Eurostat, the statistical office of the European Union, publishes a selection of the range of indicators it contains related to well-being and satisfaction of people in Europe in 2013. They provide a broad overview of the wealth of information measuring quality of life in the … Continue reading
Deloitte’s 2015 Social Progress Index – Norway, Sweden and Switzerland leading
Developed in 2013, Social Progress Imperative teamed with leading experts across sectors to develop the Social Progress Index. It uses key social and environmental indicators captured across three dimensions of social progress: Basic human needs (such as water, nutrition, and shelter) Foundations of wellbeing (such as health, sustainability, and access to communications) Opportunity (such as political freedoms, … Continue reading
Social protection in EU – 29.0 % of GDP
In 2011, in EU Member States EUR 3 689 thousand million gross, or 29.0 % of their GDP, were spent on social protection benefits[1]. The income provided by some benefits paid in cash is, however, potentially subject to levies imposed through the fiscal system. The deduction of levies, such as income taxes or social contributions, from the … Continue reading
Queen’s Speech in UK : Is full employment a benefits cap ?
Legislation will be brought forward to help achieve full employment and provide people with the security of a job. New duties will require my ministers to report annually on job creation and apprenticeships. Analysis: This is a reference to the full employment and welfare benefits bill, which, despite the title, seems to be devoted to … Continue reading
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