Job Market Monitor
Michel Cournoyer
Participation in US – Labor market exits and entrances are elevated
Although people out of the labor force continue to enter each month at elevated rates, two findings suggest particular risk for the labor market outlook going forward: (1) the exit rate out of the labor market is generally more elevated among those without a four-year postsecondary degree and (2) people who are unemployed continue to … Continue reading
Labor Force Participation in US – Why Isn’t it recovering?
While the unemployment rate continues to fall quickly, labor force participation has made no progress since August 2020. In this US Daily, we examine where labor force participation remains weak and potential explanations for its underperformance. Most of the 5.0mn persons who have exited the labor force since the start of the pandemic are over … Continue reading
Skills – Why are microcredentials important
‘Microcredentials are not objectives in themselves. They are tools.’ This was the key message highlighted at Cedefop’s conference on microcredentials last November. Over 200 participants joined the event, representing 40 countries in Europe and beyond, demonstrating that the topic of microcredentials and changing qualification landscapes is of global appeal and concern. WHY ARE MICROCREDENTIALS IMPORTANT? … Continue reading
Truck Driver Shortage in US – Will hit a historic high of just over 80,000 drivers in 2021
The American Trucking Associations estimates that in 2021 the truck driver shortage will hit a historic high of just over 80,000 drivers. This figure is the difference between the number of drivers currently in the market and the optimal number of drivers based on freight demand. While all sectors in the industry struggle with finding … Continue reading
Labour Markets in 2022 – ILO downgrades its forecasts (+video)
The International Labour Organization (ILO) has downgraded its forecast for labour market recovery in 2022, projecting a deficit in hours worked globally equivalent to 52 million full-time jobs, relative to the fourth quarter of 2019. The previous full-year estimate in May 2021 projected a deficit of 26 million full-time equivalent jobs. While this latest projection … Continue reading
Gender Gap in Job Displacement – Women face growing higher earnings losses
Existing research has shown that job displacement leads to large and persistent earnings losses for men, but evidence for women is scarce. In fact, there is more research on how women react to their husband’s job loss than to their own. Using a sample of more than 80,000 displaced workers extracted from German administrative data, … Continue reading
AI and Jobs – No clear relationship but AI is linked to higher employment growth in IT occupations
Recent years have seen impressive advances in artificial intelligence (AI) and this has stoked renewed concern about the impact of technological progress on the labour market, including on worker displacement. This paper looks at the possible links between AI and employment in a cross-country context. It adapts the AI occupational impact measure developed by Felten, … Continue reading
Individual Learning Accounts – Filling the training gaps
Individual learning accounts can make the right to training tangible for all but EU member states will need to raise their commitment. the commission proposes that member states set up personal accounts, with adequate training entitlements, for all adults of working age. Account owners could receive additional entitlements from their employer or other funders and … Continue reading
Immigration in US – Key facts
Key facts about U.S. immigration Chosen excerpts by Job Market Monitor. Read the whole story @ Key facts about U.S. immigration policies and Biden’s proposed changes | Pew Research Center
Covid and Gender Gap in US – Some workforce disparities grew
The COVID-19 recession resulted in a steep but transitory contraction in employment, with greater job losses among women than men. The recovery began in April 2020 and is not complete. As of the third quarter of 2021, the labor force ages 25 and older remains nearly 2 million below its level in the same quarter … Continue reading
Soft Skills – A training program based on serious games
In the 21st century, to be successful at the workplace and to get their first job, potential employees must have both “soft skills” (“know how to be”) and “hard skills” (“know how to do”). The proposed Soft Skills Training Program (SSTP) combines multiple serious games to train future employees in four key soft skills that … Continue reading
Work-Based Learning in Vocational Education and Training – A guide to monitoring and evaluating
Interested in managing existing work-based learning schemes by incorporating monitoring and evaluation methods? Following a brief discussion of the concept of work-based learning, this handbook presents the rationale for monitoring and evaluation as part of good governance. The functioning of work-based learning schemes is represented by a process model comprising four stages: input, process, output … Continue reading
Minimum Wages US – From 1912 to 1968
Minimum wages have been among the most controversial government interventions in labor markets for more than a century. We focus on the political economy of the rise of the American minimum wage from its beginnings as state laws for women and children in the 1910s through the years when the federal minimum wage reached its peak … Continue reading
Labour Market Information (LMI) and Social Justice – A critical literature review
This article presentsof the relationship between Labour Market Information (LMI) and career guidance. We will particularly explore the underpinning theories which are used in the field to discuss LMI and how these relate to social justice. For the purposes of this article, we will define LMI in the same way that Esbrogeo and Melo-Silva (2012) … Continue reading
L’Emploi au Québec (Décembre 2021) – Les hausses dans le temps plein contrebalancées par les baisses dans le travail à temps partiel
Au Québec, l’emploi a peu varié, les hausses survenues dans le travail à temps plein ayant contrebalancé les baisses observées dans le travail à temps partiel. La construction a affiché la plus forte hausse en décembre, tandis qu’il y avait nettement moins de personnes travaillant dans les soins de santé et l’assistance sociale. Le taux … 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 