Job Market Monitor
Michel Cournoyer
Career Advice in UK – Children should choose academic or vocational path at 14 Ofsted chief says
Pupils should be ‘streamed’ into either academic or vocational ‘clusters’ at the age of 14 to help them get jobs when they leave school, according to the head of Ofsted, Sir Michael Wilshaw said teenagers should transfer between schools before sitting their GCSEs depending on their aptitude for an academic or vocational education. He said … Continue reading
World Population – Adolescents, youth and the transformation of the future: the Power of 1.8 Billion
Young people matter. They matter because an unprecedented 1.8 billion youth are alive today, and because they are the shapers and leaders of our global future. They matter because they have inherent human rights that must be fulfilled. Yet, in a world of adult concerns, young people are often overlooked. This tendency cries out for … Continue reading
US – Suburban inadequate transit worsens unemployment
I took a look at the study report, which was published earlier this year by the Census Bureau’s Center for Economic Studies. More specifically, the research looked at a sample of 247,000 Midwestern lower-income “workers who have experienced an involuntary job displacement” because of mass layoffs, and how long they remained unemployed. The researchers also … Continue reading
UK – More than two thirds of employers have now automatically enrolled workers into a pension scheme finds CIPD
More than two thirds of employers have now automatically enrolled workers into a pension scheme, with many contributing substantially more than is legally required, CIPD figures have revealed The average employer contribution is 5.6 per cent of salary, with employees typically contributing 4.7 per cent, the CIPD’s latest Labour Market Outlook report found. The legal … Continue reading
Economists may be too optimistic about the recovery path of output following recessions says FRB analysis
The economic collapse in the wake of the global financial crises (GFC) and the weaker-than-expected recovery in many countries have led to questions about the impact of severe downturns on economic potential. Indeed, for several major economies, the level of output is nowhere near returning to pre-crisis trend (figure 1). Such developments have resulted in … Continue reading
Participation in Canada – 70 per cent of decline over the past year has been due to decreased female participation
Canada’s labour force participation rate — the percentage of people with a job — has been declining, and according to TD economist Brian DePratto, more than 70 per cent of that decline over the past year has been due to decreased female participation. Contrary to a popular theory, it’s not baby boomers retiring and leaving … Continue reading
Federal Taxes, 2011 in US – Average tax rates by quintile goes from 11 percent to 23 percent CBO finds
In 2011, according to CBO’s estimates, average household market income—a comprehensive income measure that consists of labor income, business income, capital income (including capital gains), and retirement income—was approximately $81,000. Government transfers, which include benefits from programs such as Social Security, Medicare, and unemployment insurance, averaged approximately $13,000 per household. The sum of those two … Continue reading
US – 12.1% of Full-time employed are seeking new jobs
12.1% of full-time employed U.S. workers are exploring or actively seeking new employment opportunities according to Joberate, a digital information service that measures and quantifies job seeking behaviors of the global workforce Joberate, a digital information service that measures and quantifies job seeking behaviors of the global workforce, recently conducted analysis of its U.S. job … Continue reading
Vocational Education – The Skills Show in Birmingham gets over 75,000 visits
In Birmingham last week, an enormous event took place. The Skills Show. Over 75,000 children, parents and teachers piled into Birmingham’s NEC to try out the widest range of skills available countrywide. The Skills Show is not just a giant exhibition – although it might look like one, with its pop-up restaurants, manicure benches and … Continue reading
Verbal Abuse at Workplace – No Gender Gap finds study
A systematic review of the available literature has revealed that there is no significant difference in the prevalence of verbal abuse in the workplace between men and women. Stephane Guay from the Institut universitaire de santé mentale de Montréal in Quebec, Canada, looked into all previous research on verbal abuse in the workplace that primarily … Continue reading
Canada – 6.0 unemployed people for every job vacancy in August 2014
Canadian businesses reported 234,000 job vacancies in August, relatively unchanged compared with August 2013. There were 6.0 unemployed people for every job vacancy, little changed from 12 months earlier. The national job vacancy rate was 1.5% in August, the same as the rate observed a year earlier. via The Daily — Job vacancies in brief, three-month average ending in August 2014.
Canada – Youth heading west
It’s no news that young skilled workers are flocking to the Western provinces in search of opportunities. But a new study found a link between high employment rates and private sector investment. The report by the Fraser Institute says that jobs are booming in Alberta and Saskatchewan, while Quebec, Ontario and Atlantic provinces are losing young … Continue reading
Sweatshops In California – More than 1,500 garment workers are owed over $3 million in unpaid wage
WORKERS in the California garment industry are enduring poor working conditions and insufficient pay, the US Department of Labour has found. More than 1,500 Southern California garment workers are owed over $3 million in unpaid wages, the government department found following a year-long survey – which also concluded that American companies Nasty Gal, Macy’s, Nordstrom … Continue reading
“Facebook at Work” – To get a foothold in the office
Facebook is secretly working on a new website called “Facebook at Work” to get a foothold in the office that will see the social network of more than 1bn people compete directly with Google, Microsoft and LinkedIn. The Silicon Valley company is developing a new product designed to allow users to chat with colleagues, connect … Continue reading
US – Healthcare leads in flex job opportunities
(Guess Post by Audrey Clark) – The healthcare industry offers more flexible jobs than any other industry, according to Flex jobs, a leading online career site. Available positions range from the obvious, like registered nurses and aides, to the not so obvious, like pharmaceutical sales and medical equipment repair. Employers in the medical industry embrace part time, … Continue reading
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