Job Market Monitor
Michel Cournoyer
Bombardier – 1,750 job cuts, 1,000 in Montreal and another 480 in Toronto
Bombardier Business Aircraft has announced it is cutting 1,750 jobs, including 1,000 in Montreal and another 480 in Toronto. The Montreal-based company said that current economic conditions and political turmoil in Russia, China, and Latin America have impacted the entire industry and has meant the company has had to reduce its production of its Global … Continue reading
UK – Near-term employment prospects remain buoyant CIPD finds
The quarterly CIPD Labour Market Outlook (LMO) provides a set of forward-looking labour market indicators, highlighting employers’ recruitment, redundancy and pay intentions. The survey is based on responses from 1,013 employers, many of whom are drawn from the CIPD’s membership of more than 130,000 professionals. The latest report shows that near-term employment prospects remain buoyant. This … Continue reading
Canada – EI produces multi-billion-dollar surpluses, but only about a third of unemployed people can qualify
Even if you never use employment insurance, you pay into, he said. Someone who makes $60,000 a year, pays about $914 to EI. The program isn’t serving everyone it needs, but it constantly produces multi-billion-dollar surpluses. Why is it then, as Zon wondered, “contributing on paper to the federal budget balance” when “only about a … Continue reading
US – The deadliest jobs
The U.S. Department of Labor tracks how many people die at work, and why. The latest numbers were released in April and cover the last seven years through 2013. Some of the results may surprise you. Chosen excerpts by Job Market Monitor. Read the whole story at The Deadliest Jobs in America | Bloomberg Business – Business, … Continue reading
College Majors in US – Top-Paying earn $3.4 million more than lowest-paying over a lifetime
When it comes to earnings, majors matter more than degrees. Over a career, the report finds, college graduates earn $1 million more than high school graduates on average. But averages are misleading: college graduates with the highest-paying majors earn $3.4 million more than the lowest-paying majors. Using Census data, The Economic Value of College Majors … Continue reading
Workplace Practices in Europe – Most managers (84%) and employee representatives (67%) report a ‘good’ or ‘very good’ work climate
The European Union’s Europe 2020 strategy aims to address the shortcomings of the European growth model and to create the conditions for ‘smart, sustainable and inclusive growth’. The findings of the ECS 2013 are of particular interest for the ‘innovation union’, ‘industrial policy for the globalisation era’, and ‘agenda for new skills and jobs’ flagship … Continue reading
World Happiness Report 2015 – The geography of happiness
Average life evaluations, where 0 represents the worst possible life and 10 the best possible, range from an average above 7.5 at the top of the rankings to below 3 at the bottom. A difference of 4 points in average life evaluations separates the 10 happiest countries from the 10 least happy countries. Comparing the … Continue reading
April Job Report for Canada – Employment down by -20,000, UR held steady at 6.8% for the third consecutive month
Employment edged down in April (-20,000), as gains in full-time work were more than offset by losses in part time. The unemployment rate held steady at 6.8% for the third consecutive month. In the 12 months to April, employment increased by 139,000 (+0.8%), with all of the growth in full-time work. Over the same period, the total number of hours … Continue reading
US Job Report April 2015 – Total nonfarm payroll employment increased by 223,000, UR essentially unchanged at 5.4 percent
Total nonfarm payroll employment increased by 223,000 in April, and the unemployment rate was essentially unchanged at 5.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, and construction. Mining employment continued to decline. Household Survey Data In April, both the unemployment rate (5.4 percent) … Continue reading
Areva – To cut between 5,000 and 6,000 jobs, between 3,000 and 4,000 in France
Beleaguered French nuclear engineering firm Areva SA plans to reduce its global payroll by between 5,000 and 6,000 jobs as part of a cost-cutting effort after years of losses. The largely government-owned company has opened talks with labor unions to find ways to cut its payroll through voluntary departures, Areva’s head of human resources François … Continue reading
Siemens – To cut 4,500 jobs
Siemens reported Thursday it would need to cut a further 4,500 jobs as part of its global restructuring effort, with a view to making the company more competitive and profitable. It said 2,200 jobs would have to be slashed in Germany. Siemens noted on its website this morning that the move was primarily aimed at … Continue reading
Africa – Most of the world’s jobseekers will be there in the next 20 years
Globally, the number of people eager to get earning continues to grow year on year, and a new report from the IMF shows that in the next 20 years, most of the world’s jobseekers will be in Africa. “As both infant mortality and fertility rates decline, sub-Saharan Africa will become the main source of new … Continue reading
Canada in 2014 – Full time employment-increased by 158,000, mainly in Western Canada
Full-time and core-age employment advanced in 2014 While employment growth in 2014 was little changed from the previous year, both full-time work and employment among core-age workers strengthened in 2014 on gains in the second half of the year. Full time employment-increased by 158,000 in the year, up from 46,000 in 2013. Employment among core-age … Continue reading
Independent Workers in US – 9% report using at least one On-Demand economy platform as a source of work or income
The On-Demand Economy has hit the headlines and caught mainstream attention. Often referred to as the sharing economy, this rapidly growing segment includes high-profile players such as Airbnb (lodging), Uber and Lyft (taxi services), Handy (clean- ers), Etsy (crafts), TaskRabbit (general tasks) and many others. Broadly defined, the On-Demand economy refers to economic activity generated … Continue reading
Youth Unemployment in US – Lessons from the US
With youth unemployment recently reaching all-time highs and in anticipation of further austerity measures in the UK, this report explores collaborative youth employment initiatives in eight US cities with distinctive labour market challenges to identify the factors that lead to effective intervention. Collaborative working in the field of youth employment support has taken a variety … 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 