Job Market Monitor
Michel Cournoyer
Underemployment in Europe – Three forms of it
This article reports on three forms of unemployment in the European Union (EU) which are not covered by the ILO definition of unemployment. They are: underemployed part-time workers, jobless persons seeking a job but not immediately available for work and jobless persons available for work but not seeking it. These three groups do not meet … Continue reading
Minimum Wage in San Francisco – To raise from $10.74 on Jan.1 to $15 in 2018
San Francisco on Tuesday became the second U.S. city to raise its minimum wage to $15 an hour. Voters overwhelmingly approved a ballot measure to gradually raise the city’s minimum wage from $10.74 currently. It passed with 77% of the vote, according to initial results reported by local authorities. The decision follows Seattle’s approval in … Continue reading
Jobless Claims in US – The four-week average at a 14-1/2 year low
The number of Americans filing new claims for unemployment benefits fell more than expected last week and compensation accelerated in the third quarter, in the latest signs of tightening labor market conditions. Thursday’s upbeat data underscored the resilience of the economy and some analysts said the pick-up in wage growth moved the Federal Reserve closer … Continue reading
Career – 8 Threats to success
Provided below are the eight most overlooked threats to a successful career. While these tactics won’t guarantee that you’re spared the rod, they will give you a fighting chance. 1. Befriending your co-workers 2. Trusting your boss 3. Putting in too many hours 4. Letting others take credit for your work 5. Staying at your … Continue reading
Australia – Investigations on The Labour Force estimates
This statement provides background information on issues identified in seasonally adjusted labour force estimates over the period July-September 2014, on the investigations undertaken to understand these issues and the proposed approach for the release of the October 2014 labour force estimates on 6 November 2014. The key points are: The ABS took the unusual step … Continue reading
Job Polarisation in UK – The last two decades
The Resolution Foundation’s report on job polarisation looked at the shift in jobs based on wage distribution. Rather than grouping jobs by a skill classification, they ranked them on the basis of mean hourly pay at the start of the period, then mapped the change over time. This gives something that looks a bit more hourglassy, with … Continue reading
Youth Unemployment in Jamaica – At 34.1 per cent in July 2014.
The Statistical Institute of Jamaica (STATIN) is reporting an 11 per cent decline in the unemployment rate for July compared with the similar period last year. In its July 2014 Labour Force Survey, STATIN says there were 179,000 unemployed persons in the country compared to 201,600 in July 2013. Unemployment among youth age 14-24 was … Continue reading
Mining Supply and Services in Ontario – Sustaining 68,000 direct and indirect jobs study finds
In 2011, Ontario’s mining supply and services sector contributed $3.9 billion to the province’sgross domestic product, and sustained around 68,000 direct and indirect jobs, according to to a new study published by the Canadian Association of Mining Equipment and Services for Export (CAMESE). CAMESE managing director Jon Baird said the study’s finding are historic, because … Continue reading
Australia – Unemployment at 6.2%, still near 12-year high
Australia’s jobless rate remained at the highest level in almost 12 years, a sign that many businesses are reluctant to hire in an uncertain economic climate and that interest rates may need to stay at record lows for a while yet. Unemployment stayed at a higher-than-expected 6.2% in October, the same as the recently revised … Continue reading
SNC-Lavalin – To cut 4,000 jobs
SNC-Lavalin Group Inc. is slashing almost 10 per cent of its global workforce and sharply revising downward its 2014 outlook as it exits underperforming businesses and imposes more cost-cutting measures. Montreal-based SNC said Thursday it will over the next 18 months scale back some activities and restructure and streamline some of its operations and corporate … Continue reading
Layoffs in US – Challenger reports employers announced 51,000 layoffs in October, up 68% from September
Announced layoffs swung higher last month, rising to about 51,000 in October, bouncing up from a 14-year low in September, according to data released Thursday by outplacement consultancy Challenger, Gray & Christmas. Led by retail job cuts, October’s announced layoffs were up 68% from 30,000 in September and 12% from 46,000 announced cuts in October … Continue reading
ADP US Employment Report for October 2014 – Private-sector employment increased by 230,000
Private-sector employment increased by 230,000 from September to October, on a seasonally adjusted basis. Highlights Small businesses (1-49 employees) +102,000 Medium businesses (50-499 employees) +122,000 Large businesses (500 or more employees) +5,000 via ADP National Employment Report – October 2014 | NER.
Canada – A third feel their jobs are threatened by advances in technology
A global Randstad study found that a third of Canadians feel their jobs are threatened by advances in technology, and one in four believes the job they currently hold could vanish entirely if the trend continues. Advancements in technology have always threatened certain industries, and now is no different. From giant corporations to university libraries … Continue reading
Unemployment in Nigeria – Schools do not train students to be self-reliant but rather to be job seekers says minister
The endemic unemployment in Nigeria has been blamed on many students and graduateslacking basic occupational skills and inability of most secondary schools and tertiary institutions in the country to teach their students to be self-reliant but rather to be job seekers. The Permanent Secretary, Ministry of Works in the state, Dr. Ifreke Ekpa who stated … Continue reading
Canada – Having something unpaid on your CV is very worth it says Bank of Canada governor Stephen Poloz
Labour lawyers and economists are criticizing Bank of Canada governor Stephen Poloz over comments he made suggesting that youth work for free in order to avoid the “scarring” of long-term joblessness. Poloz cited the problem of graduates living in their parents’ basements, unable to find work. “The longer it takes for a jobless youth to … 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 