Job Market Monitor
Michel Cournoyer
Is Freelancing the Right Job for You – 5 Point Checklist
Read on to understand whether freelancing is the best job for you: 1. Promoting your own self As a freelancer you will have to market and promote yourself. Business can flow in from any avenue; hence, you will have to publicise your intent in front of family, friends, neighbours, or even an occasional stranger on … Continue reading
US – The Science and Engineering Workforce
The number of college graduates in the United States nearly doubled between 1993 and 2013, from 29 million to 55 million, according to the National Survey of College Graduates (NSCG). The number of college graduates with degrees in science and engineering (S&E) fields grew faster than the number of college graduates with degrees in non-S&E … Continue reading
Atlantic City casinos have 1,400 job openings
The casino hotels are going on a hiring spree, with more than 1,400 jobs available in a market still trying to recover from the closings of four gaming resorts last year. Matthew Levinson, chairman of the New Jersey Casino Control Commission, said he was surprised to learn there were so many job openings that needed … Continue reading
Facebook – Increased headcount by 48%
Mark Zuckerberg is going to need to find some more pinball machines and rock-climbing walls. The social networking company, known for its many perks that make it a regular on the hottest-places-to-work lists, is increasing headcount at an incredible pace. Facebook, which reported that sales fell short of estimates, passed the 10,000-employee mark last quarter. … Continue reading
Aging Workforce – How prepared is the US
Gillian B. White: You spent a lot of time researching the labor force and changing demographics around the world, in your opinion how prepared is the U.S. for the shift to an older population? Joseph M. Coleman: There are good things and bad things. We have a very dynamic economy, we’re able to react to … Continue reading
Dealing with a Bad Boss – What NOT to Do
Executive coach Peter Barron Stark says there are several things that don’t work in heated scenarios. In a blog post he outlined behaviors that have gotten employees fired on the spot or managed out of their company and suggests the following: Don’t go head-to-head with your boss in defiance of your boss’s directives and goals. … Continue reading
Unemployemnt in Spain – Rises slightly to 23.78 percent
Spain’s unemployment rate in the first quarter increased for the first time in a year, albeit modestly, preliminary figures from the statistical office INE showed Thursday. The jobless rate rose to 23.78 percent from 23.70 percent in the fourth quarter of 2014. Economists had expected the figure to remain unchanged. The latest increase was the … Continue reading
Ignore economists at your peril – The case of the Internet economy
Forget about equations and forecasts. Powerful economic concepts have given rise to companies and transformed industries. Ignore economists at your peril. As business leaders seek to stay ahead of the curve, they should ensure that somewhere in their range of view are the ideas of economists. Not forecasts or models or the dry parade of … Continue reading
US – Low wages cost taxpayers $152.8 billion each year in public support for working families
Even as the economy has at last begun to expand at a more rapid pace, growth in wages and benefits for most American workers has continued its decades-long stagnation. Real hourly wages of the median American worker were just 5 percent higher in 2013 than they were in 1979, while the wages of the bottom … Continue reading
Job vacancies in Canada in January 2015 – 5.5 Unemployed people for every job vacancy, down from 6.8 the same month one year earlier
Canadian businesses reported 225,000 job vacancies in January, up 33,000 compared with January 2014. For every job vacancy, there were 5.5 unemployed people, down from 6.8 the same month one year earlier. This decline in the ratio was the result of both fewer unemployed people and more job vacancies. The national job vacancy rate was 1.5% in January, up from 1.3% recorded 12 months earlier. For 2014 as a whole, … Continue reading
Retirement and Unemployment in Canada – Workers in regions with higher unemployment rate retire two years earlier
Workers in economic regions that had a higher unemployment rate were expected to retire two years earlier, on average, than workers in economic regions with a lower unemployment rate. In 2007, for example, workers in the economic regions with higher unemployment rates, 9.7% on average, were expected to retire at 62.7 years of age. Conversely, workers in economic regions … Continue reading
Retirement in US – Confidence plunging even as boomers’ financial expectations are improving IRI study finds
The Insured Retirement Institute (IRI) today released a new research report that found Baby Boomers’ confidence in having sufficient savings to last throughout retirement has dropped to a five-year low. Declining each year since 2011, the first year this study was conducted, the report found only 27 percent of Boomers are highly confident their savings … Continue reading
Employment Insurance, February 2015 in Canada – Rose by 2.0% following five months of little change
The number of people receiving regular Employment Insurance benefits rose by 2.0% (+9,900) to 509,800 in February, following five months of little change. Compared with 12 months earlier, the number of beneficiaries was down slightly (-0.7% or -3,500). In February, the number of beneficiaries rose notably in several provinces compared with a month earlier, with Alberta experiencing the largest increase … Continue reading
Older Workers in EU – Employment growth has far outpaced US
The European Union (EU) has experienced significant growth in the employment of workers ages 55 to 64, which has far outpaced the growth of older-worker employment in the United States. An initial look might lead to the conclusion that the EU is ahead of the United States in employing older workers. However, the historical performance … Continue reading
Increased Mismatch in US – Will wages raise ?
U.S. job openings surged to a 14-year high in February but a steady pace of hiring suggested employers are having trouble finding suitable workers, a trend that could put upward pressure of wage growth. Job openings, a measure of labor demand, increased 168,000 to a seasonally adjusted 5.1 million, the Labor Department said in its … Continue reading
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