Job Market Monitor
Michel Cournoyer
L’emploi au Québec, janvier 2022 – Les mesures de santé publique frappent l’emploi
L’emploi a diminué de 63 000 (-1,4 %) au Québec. Le taux de chômage est remonté de 4,7 % en décembre à 5,4 % en janvier. Pour l’ensemble du Canada, l’emploi a diminué de 200 000 (-1,0 %) en janvier, et le taux de chômage a augmenté de 0,5 point de pourcentage pour atteindre 6,5 %. Graphique 1 … Continue reading
The Great Resignation in US- Job openings and quits rate are little changed (December 2021)
The number of job openings was little changed at 10.9 million on the last business day of December, the U.S. Bureau of Labor Statistics reported today. Hires and total separations decreased to 6.3 million and 5.9 million, respectively. Within separations, the quits rate was little changed at 2.9 percent. The layoffs and discharges rate was … Continue reading
Immigrants admitted to Canada as Children – They participate in postsecondary education more often than the overall population
Immigrants admitted as children participate in postsecondary education more often than the overall Canadian population, with those admitted at younger ages participating the most Participation in postsecondary education was relatively high for immigrants admitted to Canada before the age of 15. This observation is based on tax filers who were between the age of 18 … Continue reading
Labor Mismatches in US – Three steps to take
Job openings remain dramatically higher than prepandemic levels. Yet the December unemployment data from the US Bureau of Labor Statistics shows that a disproportionate number of minorities, younger workers, and people without four-year degrees remain unemployed. This mismatch may seem intractable, but I’m optimistic from my conversations with CEOs that today’s business leaders can close … Continue reading
Requalification verte au Canada – Presque toutes les professions vulnérables peuvent passer à l’économie propre à la suite d’une année de formation
La nature du travail est en train de changer au Canada. Notre climat aussi. Pouvons-nous relever ces deux défis? Au Canada, un salarié sur cinq occupe un emploi qui présente un risque considérable d’automatisation. Pour ces employés, il n’existe que peu ou pas d’options de réorientation vers des professions à plus faible risque sans un … Continue reading
Unemployment in Europe (December 2021) – At 7,0% in euro area, the lowest level since the official Eurostat statistics agency began compiling data in April 1998
In December 2021, the euro area seasonally-adjusted unemployment rate was 7.0%, down from 7.1% in November 2021 and from 8.2% in December 2020. The EU unemployment rate was 6.4% in December 2021, down from 6.5% in November 2021 and from 7.5% in December 2020. These figures are published by Eurostat, the statistical office of the … Continue reading
Truck Drivers in Canada – Seeking solutions to labour shortage
The Canadian Trucking Alliance (CTA) and other key stakeholders participated today in the National Supply Chain Summit hosted by Transportation Minister Omar Alghabra to deal with the key challenges and opportunities facing Canada’s supply chains and the actions and strategies required to support a robust economic recovery. CTA provided the Government of Canada with the … Continue reading
Employment Cost Index in US (2021 Q04) – Employers spent 4% more on wages and benefits
Compensation costs for civilian workers increased 4.0 percent for the 12-month period ending in December 2021 and increased 2.5 percent in December 2020. Wages and salaries increased 4.5 percent for the 12-month period ending in December 2021 and increased 2.6 percent for the 12-month period ending in December 2020. Benefit costs increased 2.8 percent over the year and … Continue reading
Digitalisation and Jobs in Europe – Social dialogue plays a critical role
Research into the transformative potential of the digital revolution tends to take a quantitative approach in an attempt to monitor changes in employment levels due to digitalisation. The fear of potential job losses and negative disruption brought about by digital technologies has permeated the policy debate on digitalisation. In contrast, this report, based on case … Continue reading
COVID-19 Lockdowns and Jobs in Europe – ‘Furloughed’ workers accounted for around two-thirds of the decline in hours worked at the height of the crisis
The [Coronavirus Disease 2019] COVID-19 pandemic closed or limited many economic activities in 2020, with far-reaching impacts on the labour market. Employment losses at the outset of the pandemic were sharper than those experienced during the global financial crisis. Even greater declines in hours worked arose as a result of the widespread state-supported furloughing of … Continue reading
Seniors Care Workers in Canada – Well-below the international average : 100,000 are wanted
Canada’s number of seniors care workers, relative to the senior population receiving care, is well-below the international average. In Canada, as in many other countries, the growth in the number of nurses and personal support workers providing institutional, residential, home and community care has not kept pace with the growth of the senior population. The … Continue reading
The Great Resignation and Reskilling – Online training is a stepping stone to resigners’ next opportunities
With the unprecedented number of resignations across the country and the surging interest we’ve seen in short-term reskilling opportunities, Cengage wanted to learn more about the Great Resignation—who are these “resigners,” as we refer to them in this report, and why are they quitting their jobs? What opportunities are they exploring next, how will they … Continue reading
Aging and Immigration in Europe – In addition to their integration into the labor force, the human capital of migrants is thus also a major determinant of their economic impact
This paper provides a systematic, multidimensional demographic analysis of the degree to which negative economic consequences of population aging can be mitigated by changes in migration and labor-force participation. Using a microsimulation population projection model accounting for 13 individual characteristics including education and immigration-related variables, we built scenarios of future changes in labor-force participation, migration … Continue reading
International Students in Canada – An increasing number have engaged in the labour market over the past decade
The number of international students has grown considerably worldwide, primarily from developing countries to Western developed countries. In recent years, Canada has led other major Western countries in the growth of international students. The opportunity for international students to work in Canada after graduation and to potentially become permanent residents, and ultimately Canadian citizens, is … Continue reading
Future of Work – Challenges and opportunities for social partners and labour institutions
The profound change sweeping through the world of work involves four major drivers: technological innovation, demographic shifts, climate change and globalization. It poses serious challenges, but also opens new opportunities for social dialogue and the role of the social partners, together with public authorities, in the governance of the world of work. While social dialogue … Continue reading
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