Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Questions Before Accepting a Job Offer

Think carefully before accepting any given role, no matter how desperate you might  be for a paycheck. Otherwise, you may set yourself up for a disadvantage a few years from now, when you have to explain why this job you take now went wrong. Will you or your employer wake up in a few months … Continue reading

Social Media in Recruiting – Two in three CEO’s see no use for it

It’s not surprising but it is disappointing that 65% CEO’s see no use for social media in recruiting. This social media disconnect is the fundamental challenge for executives. Social media at it’s most basic level is about connection, and unfortunately that’s not something most executives have an interest or time for, but they should be … Continue reading

China – Employment held up despite slower economic growth Vice Minister of Human Resource and Social Security says

China said on Friday that urban employment held up in the first quarter even as economic growth slowed to a 6-year low, but the labor ministry warned that authorities cannot be “blindly optimistic” as the pace of job creation is slowing.  The urban unemployment rate was at 4.05 percent at the end of March, little … Continue reading

US – Drinking and drug jobs

Drug abuse — including and especially alcohol abuse — costs the U.S. economy billions of dollars in lost productivity each year. New government data released this month can now tell us exactly which industries’ employees drink the most, which do the most drugs, and where employees are most likely not just to use drugs, but abuse them. … Continue reading

Four global forces rewriting the world economy’s operating system

The world economy’s operating system is being rewritten. In this exclusive excerpt from the new book No Ordinary Disruption, its authors explain the trends reshaping the world and why leaders must adjust to a new reality. Together, these four fundamental disruptive trends are producing monumental change. 1. Beyond Shanghai: The age of urbanization The first … Continue reading

US – Business owners are older and Minorities and Hispanics are more likely to be an employee than own a business.

This issue brief examines business owner demographic characteristics in 2013 and compares these characteristics to those of employees in the U.S. economy. Minorities and Hispanics are more likely to be an employee than own a business. Minority and Hispanic business owners made up less than 15 percent of all U.S. business owners in 2013. Asian … Continue reading

Oil and Gas Industry – 100,000 layoffs over oil price slump

Layoffs in the oil and gas industry are nearing 100,000 worldwide since oil price started declining late last summer, a report said.  Oilfield service companies Schlumberger, Baker Hughes, and Halliburton announced layoffs of around 20,000, 10,500, and 9,000 employees respectively, while E&Ps BP and Chevron each announced layoffs approaching 10,000 of their employees, according to … Continue reading

Overweight – More than four in 10 respondents say they’ve gained weight at their current jobs

Here are the weighty facts: Almost 70% of Americans weigh more than they should. More than a third are obese and another 6% are classified as having “extreme obesity.” There’s no single reason behind these depressing statistics, but a new survey uncovers evidence that our jobs may contribute more to this situation than previously believed.  … Continue reading

Dow Chemical – To cut up to 1,750 jobs

Dow Chemical Co.  said Monday it would cut between 1,500 and 1,750 jobs, or about 3% of the global workforce, as part of a restructuring aimed at cutting costs by $300 million a year. Chosen excerpts by Job Market Monitor. Read the whole story at  Dow Chemical to cut up to 1,750 jobs as part of cost-cutting … Continue reading

US Law School Class of 2010 – Job outcomes have improved only marginally

The law school Class of 2010 faced a bleak employment market. Nine months after graduation, only 87.6% of the class reported a job of any type. More than a tenth of the employed graduates were working part-time, and more than a fifth held jobs that did not require a law license. As the National Association … Continue reading

China – Increasing numbers of foreigners are making their way in

China’s place in the global migration order has been transformed by three decades of rapid economic development. Policies to reform and open the country initiated in 1978 accelerated Chinese emigration and internal migration towards the industrialized coast. While these flows remain important, another trend has gained momentum: Increasing numbers of foreigners are making their way … Continue reading

Express Entry in Canada – There are problems

In April 10, 2015, three foreign nationals became the first permanent residents (PRs) under Citizenship and Immigration Canada’s (CIC) new Express Entry system. In Citizenship and Immigration Canada’s related announcement, it indicates that two of the three new PRs were international students who qualified under the Canadian Experience Class category, touting this as evidence of … Continue reading

Hispanic in US – Will account for over 40% for the increase in overall employment

The US economy is nearing a period when labor force growth will slow sharply as an ever larger proportion of the Baby Boomer generation retires. During this time, Hispanic employment will continue to show strong growth, even under conservative assumptions about Hispanic immigration. This report presents the results of projections of future US labor force … Continue reading

GM at Oshawa – To cut 1,000 jobs

General Motors expects to cut around 1,000 jobs at its Oshawa manufacturing plant by this November, the automaker said Thursday.  The union representing the workers said it has been bracing for the cuts since 2012, when GM first announced it will move Chevrolet Camaro production from Oshawa to Michigan. But a heads-up doesn’t make bad … Continue reading

Canada – Can employers provide information on job vacancies and occupations in high demand ?

The Workplace Survey was an experimental survey conducted in early 2012 by Statistics Canada. The survey was funded by Human Resources and Skills Development Canada, now known as Employment and Social Development Canada (ESDC). The goal of the survey was to determine the ability of employers to provide information on a wide range of labour … Continue reading

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