Job Market Monitor
Michel Cournoyer
US – 1.3 million homeless students enrolled in public schools (all levels)
A growing number of students don’t have homes to return to once classes are out. Approximately 1.3 million students enrolled in U.S. public preschools, elementary schools, middle schools and high schools schools were homeless during the 2012-13 school year. That’s up 8% from the prior year, and the highest number on record, according to the … Continue reading
3 Reasons Employers Create Ridiculous Postings
[L]et me give you three reasons why some employers write these unrealistic job descriptions: 1. The employer is inexperienced at hiring (and/or incompetent, but I’m trying to be nice). Not every firm, agency or nonprofit has a crackerjack HR team. At many places, particularly smaller ones, the hiring is handed off to people with little … Continue reading
Taiwan in August – Unemployment at 4.08 percent, 14-year low
As the economy continued to improve, Taiwan’s unemployment fell to 4.08 percent in August, the lowest level for that month in 14 years, the Directorate General of Budget, Accounting and Statistics (DGBAS,主計總處) said Monday. The figure for August represents a monthly increase of 0.06 percentage points but a drop of 0.25 points year-on-year, according to … Continue reading
US – More than 20% laid off the past five years are still unemployed study finds
More than 20% of Americans laid off the past five years are still unemployed and one in four who found work is in a temporary job, according to a survey out Monday. The report underscores that despite a sharp drop in long-term unemployment recently, many people out of work at least six months are still … Continue reading
Study or Train Abroad in EU -It strengthens key skills highly valued by employers study finds
Young people who study or train abroad not only gain knowledge in specific disciplines, but also strengthen key transversal skills which are highly valued by employers. A new study on the impact of the European Union’s Erasmus student exchange programme shows that graduates with international experience fare much better on the job market. They are … Continue reading
Microsoft’s Layoffs – A textbook flop
In Microsoft’s case, the initial communication about the layoffs back in July was a textbook flop. A wordy 1,100-word company email announced the layoffs all the way down in the eleventh paragraph, so far buried in management terminology as to be lost to the casual reader. The letter was authored not by Microsoft’s CEO, Satya … Continue reading
The Skills gap in US – The available evidence does not support the idea that there are serious skill gaps or skill shortages writes Wharton School’s prof
Overall, the available evidence does not support the idea that there are serious skill gaps or skill shortages in the US labour force. The prevailing situation in the US labour market, as in most developed economies, continues to be skill mismatches where the average worker and job candidate has more education than their current job … Continue reading
High on Marijuana at Work in US – Nearly 10 percent go to work high, study finds
A new report has found nearly 1 in 10 Americans are showing up to work high on marijuana. Mashable.com conducted the survey in partnership with SurveyMonkey, and found 9.7 percent of Americans fessed up to smoking cannabis before showing up to the office. The data analyzed the marijuana and prescription drug habits of 534 Americans. What’s more, nearly … Continue reading
China – 42.8 Percent believe the job market faces “a severe situation”
Many mainland residents may not be as confident as Premier Li Keqiang in the prospects of the job market, a survey conducted by the People’s Bank of China indicated.In the third-quarter survey carried out by the central bank with urban depositors, 42.8 per cent of residents believe the job market faces “a severe situation” while … Continue reading
Certificates in US – Positive, significant returns research finds
The research from the center focused on certificates for programs that took one year or less to complete. Some have suggested that short-term certificates hold little value in the job market, although recent research has contradicted that notion. The forthcoming study by Di Xu and Madeline Trimble, both of whom are researchers at the Community … Continue reading
Job Search in Tech and Digital – The Mashable Job Board
Are you on the job hunt? The Mashable Job Board is the ideal place to search for your next big move. More than 3,000 employers in tech and digital have posted on our board, and they’re looking to fill positions from Mashable’s community. via 200+ Job Openings at Amazon, Pandora, Tory Burch and More.
Unemployment Benefits in US – The total value is half what it was in 2003 writes Krugman
Only 26 percent of jobless Americans are receiving any kind of unemployment benefit, the lowest level in many decades. The total value of unemployment benefits is less than 0.25 percent of G.D.P., half what it was in 2003, when the unemployment rate was roughly the same as it is now. It’s not hyperbole to say … Continue reading
US – Job Openings Outpace Hires writes Dallas Fed
In addition to employment and unemployment figures, data on the efficiency of the labor market offer more clues to its health. One way to determine this is to examine the degree of labor mismatch occurring. The classic illustration demonstrating mismatch is the Beveridge curve, which shows an intuitive relationship between the rate of job vacancies … Continue reading
Unemployment in Netherlands – The rate falls for fourth month in a row
The Dutch unemployment rate fell for the fourth month in a row in August, the national statistics office CBS said on Thursday. In total, 13,000 people found work, taking the jobless rate to 8%. Unemployment has now fallen by an average of 14,000 a month over the previous three months, the CBS said. At the … Continue reading
US – Unemployment Claims decrease to 280,000
In the week ending September 13, the advance figure for seasonally adjusted initial claims was 280,000, a decrease of 36,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 315,000 to 316,000. The 4-week moving average was 299,500, a decrease of 4,750 from the previous week’s revised average. … Continue reading
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