Job Market Monitor
Michel Cournoyer
STEM in Italy – Increased access to higher education failed to raise incomes research finds
Governments sometimes promote reforms that increase access to education for a large share of the population. These reforms may lower the returns to education by altering returns to skills, education quality, and peer effects. This column examines a 1961 Italian reform that increased enrolment in university STEM majors among students who had previously been denied … Continue reading
US – A major slowdown in real wage growth
[T]he data of figure 1 clearly document a major slowdown in real wage growth. It is largely the product of poor productivity performance over the past decade, but that may not be surprising in view of the enormous economic losses that were precipitated by the financial crises. Nor is it unprecedented if the ICT revolution … Continue reading
The Jobs Gap in US – With job growth at a healthy level of 300,000 a month, employment will be back at prerecession levels around the time of the 2016 election
After months of disappointing job reports, the country is finally seeing some promising numbers as the fragile recovery grows stronger. But a number of challenges continue to hold many poor and middle-class Americans back. Here are ten facts to keep in mind for 2015 and beyond. 1. Because the population and labor force are growing, … Continue reading
US – The trend employment-to-population ratio has been falling for over a decade Chicago Fed finds
The labor force participation (LFP) rate—the share of the working-age population that is either employed or jobless and actively looking for employment—has fallen from 66 percent at the beginning of the Great Recession in December 2007 to 62.7 percent in September 2014.1 To some, this decline suggests the possibility that there may be labor market … Continue reading
Bid Data – What data scientists do
“On an average day, I manage a series of dashboards that tell our company about our business — what the users are doing,” says Jon Greenberg, a data scientist at Playstudios, a gaming firm. Greenberg is a manager now, so he’s programming less than he used to, but he still does his fair share. Usually, … Continue reading
France – Unemployment reached a record high of 3.488 million people in November
Unemployment in France reached a record high of 3.488 million people in November, data released on Wednesday (24 December) shows. French unemployment is rising, but Spain and Greece fare worse (Photo: UNI La fédération de la droite dans l’éducation) The figures mark an increase of 27,400 jobless compared to the previous month and an increase … Continue reading
Workplace – The open-office trend is destroying it
Despite its obvious problems, the open-office model has continued to encroach on workers across the country. Now, about 70 percent of U.S. offices have no or low partitions, according to the International Facility Management Association. Silicon Valley has been the leader in bringing down the dividers. Google, Yahoo, eBay, Goldman Sachs and American Express are all … Continue reading
2015 in US – The Year of the Minimum Wage
A lot has happened in America this year. But economics columnists might well dub this “the Year of the Minimum Wage.” The year started off with a hike to $15 an hour in the area around Sea-Tac Airport; by June, Seattle’s City Council had followed suit, passing a similar increase that phases in gradually. Chicago is raising … Continue reading
Canada – Top Jobs for 2015 by CareerBuilder and Economic Modeling Specialists Intl
Workers resolving to look for a new job or change careers in the New Year will have ample opportunities, depending on where they are looking. To help workers get an idea of which jobs are growing the fastest in which areas, CareerBuilder.ca and Economic Modeling Specialists Intl. looked at the jobs with the highest projected job … Continue reading
Twitter – Top 10 job search and career advice
For the very best Twitter has to offer in job search and career advice, check out these 10 accounts. @Absolutely_Abby @AlisonDoyle @CareerBliss @CareerBuilder @careersherpa @CreativeGroup @dailymuse @JobSearchAmanda @OfficeTeam @USNewsCareers Chosen excerpts by Job Market Monitor. Read the whole story at Career Twitter Accounts for Job Seekers to Follow.
Apprenticeship in US – A strong intermediary is key to a strong program report finds
As detailed in the recent Center for American Progress report, “Training for Success: A Policy to Expand Apprenticeships in the United States,” apprenticeship is a workforce-training model that combines on-the-job training with classroom- based instruction and has been proven to benefit employers, employees, and the overall economy. Apprenticeships allow businesses to meet the growing demand … Continue reading
Hays Global Skills Index – The global talent crisis is continuing to worsen
The global talent crisis is continuing to worsen. Across the globe we are seeing organisations fighting to find employees with the necessary skills and training. The Hays Global Skills Index 2014 reflects growing pressure in the skilled labour markets as the global economy recovers. Taken as a whole, labour market conditions tightened across the countries … Continue reading
US – Less households “at risk” of being unable to maintain their standard of living in retirement
The release of the Federal Reserve’s 2013 Survey of Consumer Finances (SCF) is a great opportunity to reassess Americans’ retirement preparedness as mea- sured by the National Retirement Risk Index (NRRI). The NRRI shows the share of working-age households who are “at risk” of being unable to maintain their pre-retirement standard of living in retirement. … Continue reading
Canada – Fewer Employment Insurance claims in October
Nationally, there were fewer Employment Insurance claims in October compared with September, down 1.7% to 220,200. The number of claims provides an indication of the number of people who could become beneficiaries. Provincially, claims fell notably in Alberta (-6.3%), Saskatchewan (-5.7%), British Columbia (-3.7%) and Manitoba (-3.3%). There were also fewer claims in Newfoundland and Labrador (-1.6%), … Continue reading
Pension coverage in Canada – Covered men fell from 52% in 1977 to 37% in 2011, for women, it rose from 36% to roughly 40%
Registered pension plans (RPPs) are a key component of workers’ compensation packages and one of the pillars that Canadians use to build retirement income. As the social and economic landscape evolved over the last three decades, the extent to which Canadians held jobs providing RPP coverage changed substantially. Among employed workers at least 15 years … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
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