Job Market Monitor
Michel Cournoyer
Halliburton – To cut 1,000 jobs
One of the largest oil service companies in the world scaled-back its workforce recently as prices remain stymied. Halliburton Co. announced it would cut 1,000 jobs amid falling oil prices. The layoffs will take place in Europe, Asia, Africa, the Middle East and Australia. No jobs in the Americas would be affected by the cuts. … Continue reading
Universal Jobmatch in UK – British job seekers will get be the first to see tens of thousands of job vacancies
British job seekers will get be the first to see tens of thousands of job vacancies after ministers demanded an end to blanket adverting across the EU. Under Brussels rules any jobs that the Government posted through its official Universal Jobmatch website also had to be placed on an EU website used by migrants across … Continue reading
What About Low Fertility in US ? Six Fertility Lessons
First, a fertility rate of 1.9 is nothing to worry about. It is still high by international standards and likely to tick back up as the economy recovers. Second, young people cannot be “bribed” into having children through lower taxes or large baby bonuses. (Organizing work and school schedules to suit modern family life is … Continue reading
Self-blame and non-supporting job-seeker support groups are keeping from getting jobs
“The long-term unemployment rate is going down much more slowly than the overall unemployment rate,” notes Sharone, an assistant professor of work and employment relations at MIT’s Sloan School of Management. “And it doesn’t include the 6 million or so ‘missing workers’ — people we’d expect to be in the workforce, but who are not.” … Continue reading
Job Vacancies in Canada – Private sector vacancy rate is beginning to creep upward CFIB finds
After basically holding steady for the past two years, Canada’s private sector vacancy rate is beginning to creep upward. On a seasonally adjusted basis, 2.7 per cent of jobs lay vacant in these businesses—a tenth of a point higher than in the second quarter. Modest increases were seen in most business size categories. In total, … Continue reading
UK – Employment rates much higher with at least one qualification compared with no qualifications
Fewer than half (48.5%) of those with no qualifications were in employment compared with around 8 in 10 (80.7%) of those with at least one qualification. Those with no qualifications were most likely to work in ‘elementary’ (28.0%) and ‘machine operatives’ (18.1%) occupations. In general, as the level of qualification increased, so did the employment … Continue reading
The Great recession and the Families in US – The most dramatic impact was on birth rates
The most dramatic impact was on birth rates, which dropped precipitously, especially for young women, as a result of the economic crisis. How do we know? First, the timing of the fertility decline is very suggestive. After increasing steadily from the beginning of 2002 until late 2007, birth rates dropped sharply. (The decline has since … Continue reading
Men Who Don’t Work in US – A Chart
Chosen excerpts by Job Market Monitor. Read the whole story at The Rise of Men Who Don’t Work (and What They Do Instead) | The Big Picture. Related Posts Not Working in US – From the highest employment rates among developed nations to the bottom of the list POSTED BY MICHEL COURNOYER ⋅ DECEMBER 16, 2014 ⋅ LEAVE A COMMENT Working, … Continue reading
Minimum Wages In Europe – Range from EUR 174 to EUR 1 921 per month
Minimum wages in the EU Member States ranged from EUR 174 to EUR 1 921 per month in July 2014 In 2014, 21 out of the 28 EU Member States (Denmark, Germany, Italy, Cyprus, Austria, Finland and Sweden were the exceptions) had a national minimum wage (see Map 1). As of 1 July 2014, monthly minimum wages varied widely, … Continue reading
Low Income among Immigrants in Canada – Declined significantly in the 2000s, but not relative to Canadian-born
During the 1980s and 1990s, immigration was associated with the rise in low-income rates and family-income inequality in Canada. Over the 2000s, there were significant changes in the labour market and in immigrant selection. This paper focuses on the direct effect of immigration on the change in low income and family-income inequality over the 1995-to-2010 … Continue reading
The Skills Gap in Maine – A disconnect between educators and business people
A new report out today aims to deal with the so-called “skills gap” in Maine’s workforce. The report is part of a series called “Making Maine Work.” This one, according to Christopher Quinn, president of Kaplan University in Maine, uncovered a disconnect between educators and business people. Quinn told reporters that 72 percent of higher … Continue reading
Embarrassing Job Interview Mistakes
Sometimes job applicants are memorable for the wrong reasons, a new OfficeTeam survey shows. Managers were asked to recount the most embarrassing job interview mistakes they have heard of or been witness to. Here are some of their responses: “The candidate called the interviewer by the wrong name.” “One job seeker had lettuce in his … Continue reading
NYT cutting more than 100 newsroom jobs
With the holidays around the corner, New York Times publisher Arthur Sulzberger Jr. will start handing out pink slips to 21 Newspaper Guild members on Tuesday. The cuts come after the company fell short of its goal of cutting 100 newsroom jobs through from a combination of voluntary buyouts. With the just announced layoffs, the … Continue reading
Youth and the Job Market – Lack of higher education in developing countries, over-education in advanced economies writes ILO
Youth with post-secondary education living in middle and low-income countries have a much higher chance of finding a decent job than those with only secondary or primary education, says a new ILO publication Is education the solution to decent work for youth in developing economies? . Building on the results of school-to-work transition surveys conducted in … Continue reading
Finland – Unemployment benefits for high income earners to be cut
Government’s hatchet man will be focusing on unemployment benefits for high income earners as part of ongoing efforts to cut spending. The changes will come into force at the beginning of 2015 and will affect newly-unemployed persons who have worked for more than 20 years as well as employees who earned a monthly salary of more … Continue reading
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