Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

US – 86 Percent think that there is a retirement crisis National Institute on Retirement finds

A new nationwide public opinion research report finds that an overwhelming majority of Americans – 86 percent – believe the nation faces a retirement crisis. These findings are contained in a new research report, Retirement Security 2015: Roadmap for Policy Makers. More specifically, the research finds that: An overwhelming majority of Americans believe there is … Continue reading

Bell Helicopter – To cut 1,100 jobs but still hiring in new plant in Lafayette

Bell Helicopter’s decision to cut 1,100 jobs from its global workforce will not affect the company’s plans to hire 115 employees at a helicopter assembly plant now under construction at Lafayette Regional Airport, a company official said Tuesday. The job cuts at Bell were announced Tuesday, along with disappointing first-quarter financial results. David Sylvestre, director … Continue reading

What’s going on in the global job market for the mining industry?

Economists estimated that there would be around 245,000 jobs added to the U.S. market, however recent tabulations from the March report indicated that their predictions were too optimistic. Only 126,000 jobs were added last month, and while most industries did their part to offer more employment opportunities, the mining industry had to make further cuts. … Continue reading

US – The population-wide impact of the Great Recession on mental health

Prevalence of major depression increased from 2.33 percent during the years 2005-2006 to 3.49 percent in 2009-2010 to 3.79 percent in 2011-2012, according to the study by Loyola University Chicago Stritch School of Medicine researchers. Prevalence of less-severe depression increased from 4.1 percent in 2005-2006 to 4.79 percent in 2009-2010, but then declined to 3.68 … Continue reading

Spain – Home to the 5 worst EU regions for unemployment

Spain still has the second-highest unemployment rate in the EU, at 23.2% way worse than third-place Hungary (18.5%) but not quite as terrible as Greece (26%). That would be bad enough. But the report also shows that Spain is proud home to the five European regions with the worst levels of unemployment. At the top … Continue reading

Sluggish Wage Growth in US – Not due to the mix of jobs being created EPI finds

There has been some discussion that the sluggish wage growth we’ve seen since the recovery began in 2009 is driven in large part by the mix of jobs being created, as if we have lower wages simply because the economy is adding more low-wage jobs. Earlier in the recovery there was likely some truth to … Continue reading

Career Outlook – Musical occupations for music lovers

Rock ’n’ roll. Jazz. Calypso. There are many different types of music, each with its own style. And just as musical styles vary, so, too, do occupations in the music world.  Musician and singer are popular choices for a musical career. But even if you can’t carry a tune, you can incorporate music into your … Continue reading

Higher Education and Skills Gap in US – New workforce training models needed brookings’ Holzer finds

Employment of Americans in middle-wage jobs has been declining, due to trends both in employer demand and worker skill attainment. Workforce development in the US now mostly occurs in community and forprofit colleges, as well as the lower-tier of 4-year colleges. Enrollment rates are high, even among the disadvantaged, but completion rates are very low … Continue reading

US – UI benefits for the 65 million acting as family caregivers

This research report presents detailed information on the policies and practices in place in state unemployment insurance (UI) programs that provide potential temporary financial assistance to family caregivers.  The report draws on legal analysis from 50 states and the District of Columbia and in-depth interviews with advocates and UI agency officials from 10 targeted states … Continue reading

Summer Job for Teens – Tips for yours

Performing the Market Research  Have your teen really research the job opportunity. For instance, let’s say that they want to work as a sales clerk or barista for the summer. Encourage your teen to visit the store and observe the current sales staff, while writing down their impressions. Their list of observations can include: Did … Continue reading

Canada’s Jobs and Opportunities Agenda – Finance minister admits he doesn’t know

Finance Minister  is admitting he doesn’t know how many jobs last week’s federal budget will create. Despite insisting that the budget will create jobs through measures such as the small business tax cut, Oliver told CTV’s Question Period that he doesn’t know how many. “We have forecasts for the growth and the economy. I don’t … Continue reading

US – 44 percent reported participating in some informal paid work during 2011–2013

“Informal” work refers to temporary or occasional side jobs from which earnings are presumably not reported in full to the Internal Revenue Service and which typically do not constitute a dominant or complete source of income. Perhaps the most important reason for undertaking informal work is to offset negative income and employment shocks, such as … Continue reading

The 10 trends in the 2015 Global Human Capital Trends report

Global organizations today navigate a “new world of work”—one that requires a dramatic change in strategies for leadership, talent, and human resources. More than 3,300 organizations from 106 countries contributed to Deloitte’s Global Human Capital Trends 2015 survey, assessing the importance of specific talent challenges and their readiness to meet them. This report explores 10 … Continue reading

US – The growing movement for $15

In Part 1 of this report, we look at the portion of the U.S. workforce that currently earns less than $15 per hour in the United States. Our findings include the following: Forty-two (42) percent of U.S. workers make less than $15 per hour. Women and people of color are overrepresented in jobs paying less … Continue reading

The gap between HR’s aspirations and actual role persists

I’ve observed this gap in a variety of organizations, both as a consultant and as an in-house manager at several multinationals. Fundamentally, I believe, the gap arises from two complementary causes. First, executives and managers often think their job is to get financial results rather than to manage people. Second, when executives and managers neglect … Continue reading

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