Job Market Monitor
Michel Cournoyer
Advanced industries in US – 12.3 million workers, 9 percent of total U.S. employment
Advanced industries represent a sizable economic anchor for the U.S. economy and have led the post-recession employment recovery Modest in size, the sector packs a massive economic punch: As an employer and source of economic activity the advanced industry sector plays a major role in the U.S. economy. as of 2013, the nation’s 50 advanced industries … Continue reading
India – Has to raise workforce participation to 80% says PwC
To avoid squandering its demographic dividend, India must make substantial reforms in its education sector and the country needs to raise workforce participation from 58 per cent to 80 per cent to be at par with China, says a report. According to global consultancy firm PwC, the nation’s education system has benefited the upper class, … Continue reading
Employment Insurance (EI) in Canada – The rate of eligibility was 85.8% in 2013, up from 81.9% StatCana finds
The rate of eligibility for receiving regular Employment Insurance (EI) benefits in 2013 was 85.8%, up from 81.9% in 2012. To be eligible to receive regular benefits, unemployed individuals must have contributed to the EI program, met the criteria for job separation and accumulated enough insurable hours (see note to readers). Increases in eligibility rates for regular EI benefits from 2012 to 2013 were … Continue reading
Chinese Emigrants – A Map
Approximately one-quarter of all Chinese emigrants settle in the United States, with other popular destinations including Canada (896,000), South Korea (657,000), Japan (655,000), Australia (547,000), and Singapore (457,000), according to mid-2013 estimates by the United Nations Population Division. Around half of Chinese immigrants obtain lawful permanent residence in the United States (also known as receiving … Continue reading
The Aging Global Workforce – The productivity challenge could be do-able McKinsey finds
The world is aging, and that matters for growth. In the past, an abundant and growing labor pool was a powerful engine of the world economy; today, the number of workers is starting to decline in many countries. This leaves no alternative but for companies, individuals, and governments to work in smarter ways. In an … Continue reading
Inequalities in US – All 50 states have experienced widening income inequality in recent decades EPI finds
Economic inequality is, at long last, commanding attention from policymakers, the media, and everyday citizens. There is growing recognition that we need an inclusive economy that works for everyone—not just for those at the top. While there are plentiful data examining the fortunes of the top 1 percent at the national level, this report uses … Continue reading
US – Government workers are less likely to be displaced CATO finds
This paper examines the extent to which public-sector employment has been relatively recessionproof in the past, whether previous patterns with respect to job displacement held during the Great Recession, and whether the experiences of federal, state, and local government workers have been similar… We use a sample of over 800,000 workers taken from the … Continue reading
US – Workers were less secure about retaining their jobs in 2010 and 2012 than in 1977 and 1978 BLS finds
Workers were less secure about retaining their jobs in 2010 and 2012 than in 1977 and 1978; they also were less secure about the ease with which they would find a comparable job if they were separated. As might be expected, the two measures of job security track unemployment, although other factors certainly play a … Continue reading
Unemployment in Germany in January 2015 – At Record Low
Germany’s unemployment rate declined to a record low at the start of the year, reflecting an improvement in the labor market after the euro area’s biggest economy expanded the most in three years during 2014. The jobless rate dropped to a seasonally adjusted 6.5 percent in January from a revised 6.6 percent in December, the … Continue reading
Tesco – UK’s biggest retailer to cut thousands jobs
Tesco has begun a cull of head office staff that is expected to involve thousands of job losses as its new chief executive slashes costs and strives to reinvigorate the UK’s biggest retailer. Sky News has learned that the company has in recent days begun informing senior staff of changes to the structure of its … Continue reading
Sears and Target Employees Losing Their Jobs in Canada – A discount and the promise of local job fairs
Sears Canada has followed through on a promise to begin meeting with some of the workers who are losing their jobs at Target Canada. Chief executive Ronald Boire says about 140 Target employees were bused to its Sears headquarters in Toronto last week, part of a nationwide effort to network with potential candidates. “We felt … Continue reading
Oil Prices – Dampening the recruitment activity but hiring has not stopped
The recent decline in oil prices has led to a “softening” of recruitment in the region’s oil and gas sector, but there are still employment opportunities available in the UAE for those seeking new positions, experts told Gulf News. Overall, demand for new employees is still on the rise in the UAE, with nine out … Continue reading
Canada – Revisions show bigger job losses in December
Statistics Canada on Wednesday revised its December employment data to show a bigger loss of 11,300 jobs from a previously reported decline of 4,300, with a gain in full-time positions cut to 35,000 from 53,500. Part-time job losses improved to 46,300 from a loss of 57,700 that was previously reported Jan. 9. The national unemployment … Continue reading
Canada’s Labour Force Survey (LFS) – The 2015 revisions
The Labour Force Survey (LFS) provides estimates of employment and unemployment, which are among the most timely and important measures of performance of the Canadian economy. With the release of the survey results only 10 days after the completion of data collection, the LFS estimates are the first of the major monthly economic data series to be … Continue reading
Lowe’s Canada – To Hire 2,000 seasonal employees
Lowe’s Canada announced today it plans to hire approximately 2,000 seasonal employees at its stores across Canada to support its spring and summer seasons. The company will also host its first ever National Hiring Day on Saturday March 7th from 9 a.m. to 4 p.m. (local time in each city) at all 37 Lowe’s locations … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
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