Job Market Monitor
Michel Cournoyer
Teachers in US – Why do they quit?
Teaching, Ingersoll says, “was originally built as this temporary line of work for women before theygot their real job—which was raising families, or temporary for men until they moved out of the classroom and became administrators. That was sort of the historical set-up.” Ingersoll extrapolated and then later confirmed that anywhere between 40 and 50 … Continue reading
Immigration and Population in US – Four key trends
Four key trends. Immigrants have moved beyond traditional gateways. Native-born population has declined in Middle America. Immigration has driven population growth in the Sun Belt, Pacific Northwest, and Mountain States. Immigration has slowed population declines in Middle America. Map 4 illustrates the changes in foreign- and native-born populations and highlights areas where the growth of … Continue reading
Jobless Claims in US – At seven-week low
Initial claims for U.S. unemployment-insurance benefits fell to the lowest tally in seven weeks, signaling a slower pace of layoffs, according to government data released Wednesday. The number of people who applied for U.S. unemployment-insurance benefits fell by 9,000 to 280,000 in the week that ended Dec. 20, , the U.S. Labor Department reported. That … Continue reading
Why U.S. Women Are Leaving Jobs Behind – NYTimes.com
As recently as 1990, the United States had one of the top employment rates in the world for women, but it has now fallen behind many European countries. After climbing for six decades, the percentage of women in the American work force peaked in 1999, at 74 percent for women between 25 and 54. It … Continue reading
Symantec – To cut nearly 10%, or 2,000 employees
In its 2Q15 earnings results, Symantec Corporation (SYMC) announced headcount reductions of nearly 10%, or 2,000 employees. The company stated that the layoffs are part of the company’s restructuring process. The restructuring news comes ahead of the company’s plans to split into the following two companies: security and document storage. The split is expected to … Continue reading
Coke – To cut up to 2,000 jobs soon
Coca-Cola Co (KO.N) plans to cut 1,000-2,000 jobs globally in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter. The job cuts are part of Coke’s $3 billion cost-cutting program, which it announced in October after posting a 14 percent drop in third-quarter profit, according to the Journal. Job-cut notices … Continue reading
Quality Job in US – Outlook back at pre-recession levels Gallup finds
The percentage of Americans saying now is a good time to find a quality job jumped to 36% in December, up six percentage points from November. This is by one point the highest percentage found since November 2007, prior to the start of the Great Recession. Chosen excerpts by Job Market Monitor. Read the whole story … Continue reading
US – The disconnect between productivity and wages, 1948–2013
Since 1979, hourly pay for the vast majority of American workers has diverged from economy-wide productivity, as shown in Figure D, and this divergence is at the root of numerous American economic challenges. Between 1979 and 2013, productivity grew 64.9 percent, while hourly compensation of production and nonsupervisory workers, who comprise over 80 percent of … Continue reading
Minimum Wage in Korea – 20,000 apartment guards face layoffs Unions says
Two major labor advocates estimated Tuesday that about 20,000 security guards at apartment complexes nationwide would face layoffs due to the minimum wage law, which will become fully effective on Jan. 1, 2015. As there are about 180,000 apartment security guards in the country, the estimate would amount to 11 percent to the total. The … Continue reading
California – 6.9 million who lacked insurance in 2012 were in a family with a full-time worker
Almost half of the 6.9 million Californians who lacked insurance in 2012 were in a family with a full-time worker, according to a new report from the UCLA Center for Health Policy Research. The State of Health Insurance in California report also found that the number of adult workers with job-based health insurance declined between … Continue reading
Youth in US – Uncertainty about job outcomes is a barrier to enrollment in postsecondary education FED finds
In 2013, the Federal Reserve Board’s Division of Consumer and Community Affairs began exploring the experiences and expectations of young Americans entering the labor market. Staff reviewed existing research and engaged external research and policy experts to identify the potential economic implications of these labor market trends on young workers. This initial exploration raised several … Continue reading
Private Employer-Based Health Insurance in US – Paying more but getting less protective benefits
Looking at trends in private employer-based health insurance from 2003 to 2013, this issue brief finds that premiums for family coverage increased 73 percent over the past decade—faster than median family income. Employees’ contributions to their premiums climbed by 93 percent over that time frame. At the same time, deductibles more than doubled in both … Continue reading
Social Security in US – 71 percent of the 59 million current recipients are retired workers
Social Security is the federal government’s largest single program. Of the 59 million people who currently receive Social Security benefits, about 71 percent are retired workers or their spouses and children, and another 10 percent are survivors of deceased workers; all of those beneficiaries receive payments through Old-Age and Survivors Insurance (OASI). The other 19 … Continue reading
LinkedIn’s list of the ‘hottest skills of 2014’ – Data mining on top
“Statistical analysis and data mining” topped LinkedIn’s list of the 25 Hottest Skills That Got People Hired in 2014. Chosen excerpts by Job Market Monitor. Read the whole story at Data mining tops LinkedIn’s list of the ‘hottest skills of 2014’.
Finland – Unemployment rose sharply among highly-educated
Unemployment rose sharply among highly-educated people in Finland last year, according to figures released by the central statistics office on Tuesday. Joblessness among those with tertiary-level degrees climbed by some 30 percent between 2012 and 2013, says Statistics Finland. While more people in Finland overall were looking for work, this group expanded the most quickly. … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 