Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Unlocking the sharing economy in UK – A report

In September 2014, Matthew Hancock MP, the Business Minister, asked me to write a report on the sharing economy – and to make recommendations as to how the UK could become a global centre for this fast-growing sector. The sharing economy allows people to share property, resources, time and skills across online platforms. This can … Continue reading

Volkswagen in Russia – To cut working hours and jobs

Volkswagen (VOWG_p.DE) will reduce shifts and lay off at least 150 workers at its Russian car plant, the German car producer said on Monday, to try to cut costs in a market downturn. via Volkswagen to cut working hours, jobs at Russian plant | Reuters.

US – Participation and work schedules

With a working population in the range of 144 million, one tends to think of a rush of workers to their place of employment in the morning and a rush to home in the evening. But many parts of the work force do not fully participate in that diurnal work flow. Figure 6-2 provides fundamental … Continue reading

US – The unemployment rate for veterans declined to 5.3 percent in 2014

The unemployment rate for veterans who served on active duty in the U.S. Armed Forces at any time since September 2001–a group referred to as Gulf War-era II veterans–declined by 1.8 percentage points over the year to 7.2 percent in 2014, the U.S. Bureau of Labor Statistics reported today. The jobless rate for all veterans, … Continue reading

Training – The lack of effective metrics appeared to be a growing concern McKinsey finds

Executives around the world are striving to measure the impact of training and employee-learning programs on the performance of business. Half of those who responded to a McKinsey survey last year told us that they see organizational capability building as one of their top strategic priorities, but many said their companies could do better. When … Continue reading

Mobile Internet – Creates jobs for about 3 million people in the 13 countries BCG estimates

Revenues are only one part of the picture. The mobile Internet is a major job-growth engine as well. We estimate that it has created employment for about 3 million people in the 13 countries we studied. Many of these jobs are in Asia, where the manufacturing of mobile devices is centered. But the rapid growth … Continue reading

Mentoring – A tool for advancing the labour market integration of immigrants

Mentoring—an experienced individual coaching or advising a more junior partner or peer —is increasingly recognised in Europe as a tool for advancing the labour market integration of disadvantaged individuals. However, the scope, methods, and sustainability of mentoring efforts vary widely by national and local context, and depend on a variety of actors and conditions. This … Continue reading

US – Hourly wages for private-sector workers in data occupations 68 percent higher finds BLS

The growing importance of data in the economy is hard to dispute. But what does this mean for workers and jobs? A lot, as it turns out: higher paying (over $40/hour), faster growing jobs. In this report we identify occupations where data analysis and processing are central to the work performed and measure the size … Continue reading

Aging – 10 Key areas where change is necessary to help achieve a step change in productivity growth

Global economic growth is under threat because populations are aging, shrinking the size of the pool of people able to work. The only answer to the growth question in an era of dramatic demographic change is productivity growth.  If historical rates of productivity growth were to remain constant, global GDP growth would be 40 percent … Continue reading

EU Immigration Policy – In need of public figures who can speak to policymakers, politicians, and publics report says

The European Union has been charged with leading a response to a range of complex and interlinked challenges related to EU immigration and asylum policy, from the short-term need to respond to maritime migration in the Mediterranean, through to the long-term questions about Europe’s future as a diverse, competitive society. However, it is becoming increasingly … Continue reading

Long or Short Job Descriptions and Titles ? Click-to-applies are up to five times higher for job descriptions between 2,000 to 10,000 characters

We at Appcast.io recently tracked nearly 400,000 job seekers looking at job advertisements across various platforms and the 30,051 applications that resulted from those views. The data supports a “Goldilocks” logic when it comes to optimizing the ROI of job descriptions. Too-short job descriptions of 1,000 to 2,000 characters (170-250 words) returned a click-to-apply of … Continue reading

Sharp – To cut 6,000 jobs

Japan’s loss-making Sharp Corp (6753.T) intends to cut 12 percent of its workforce in a global restructuring expected to cost more than $1.7 billion, a person familiar with the plan said on Thursday.  The job cuts will total around 6,000, half of which would come in Japan through early retirement while the rest would be … Continue reading

Matching Job Hunters and Recruiters in US – Rewiring the labor market

New ingredients are being steadily added to the job-matching mix, promising to produce a more efficient and effective marketplace for workers and employers. For years, businesses across America have groused that they can’t find enough qualified workers, while others have questioned whether the “skills gap” is a myth. Amid this tired debate, it’s easy to … Continue reading

Yahoo in China – To cut “around 350” jobs while closing

Internet giant Yahoo is closing its China office as part of a worldwide consolidation aimed at cutting costs.  The Beijing research centre is Yahoo’s only remaining physical presence in the country after it sold its Chinese operations to Alibaba in 2005. A spokesperson said “around 350 jobs” would be eliminated. “We are constantly making changes … Continue reading

Microsoft’s Training Centre in BC – Mostly foreigners

A majority of workers at a new Microsoft Canada training centre in Vancouver would be drawn from the ranks of foreigners, according to draft plans obtained under British Columbia’s freedom of information laws. Both the federal and provincial governments have praised the Microsoft Canada Excellence Centre as a project that will boost the B.C. economy and create … Continue reading

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