Job Market Monitor
Michel Cournoyer
Canada – The cost of running the Canada Pension Plan has more than tripled research finds
The cost of running the Canada Pension Plan has more than tripled, the result of transaction fees and external management fees, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. The study, Accounting for the True Cost of the Canada Pension Plan, spotlights the costs of administering … Continue reading
Boomers vs Youth on the Worplace – No crowding out but, tension at the individual level
In a series of recent client notes, consulting firm Mercer urges companies to recognize the tension between young and old at work, and to plan for baby boom workers to hang on to their jobs. “For those who choose to retire, many are going to realize … they don’t have enough money to sustain themselves, … Continue reading
Youth Transitions in Europe – Those countries with quicker and more successful school-to-work transitions are those where young people leave home earlier says report
Young people in Europe continue to experience great difficulties in entering the labour market. Although the youth unemployment rate in a few Member States has started to fall, overall 23% of young European job-seekers aged 15–24 could not find a job in January 2014. In 2012, 14.6 million young people across Europe were not in … Continue reading
US – Between 1979 and 2013, productivity grew 64.9 percent while hourly compensation of production and nonsupervisory workers grew just 8.0 percent.
The poor performance of American workers’ wages in recent decades—particularly their failure to grow at anywhere near the pace of overall productivity—is the country’s central economic challenge. Indeed, it’s hard to think of a more important economic development in recent decades. It is at the root of the large rise in overall income inequality that … Continue reading
Credential Inflation – An increasing number of job seekers face being shut out of middle-skill, middle-class occupations by employers’ rising demand for a bachelor’s degree
An increasing number of job seekers face being shut out of middle-skill, middle-class occupations by employers’ rising demand for a bachelor’s degree. This credential inflation, or “upcredentialing” is affecting a wide range of jobs from executive assistants to construction supervisors and has serious implications both for workers not seeking a college degree and for employers … Continue reading
Employees – Less than half believe employers are open and upfront
More than half of us don’t believe our employers are open and upfront with us. This disturbing news comes to us from the American Psychological Association’s 2014 Work and Well-Being Survey, which finds nearly 1 in 4 workers don’t trust their employers, 1 in 3 reported their employers aren’t always honest or truthful, and less … Continue reading
Job Search – 6 Game-changing trends for you (Infographic)
The infographic below — compiled by CareerShift, a comprehensive job hunting and career management solution — shares six new trends impacting job seekers. It’s time to ante up and use these game-changing trends to help you score big on the job field. Chosen excerpts by Job Market Monitor. Read the whole story at 6 Job Search Trends … Continue reading
Job Interview – The basics
There are a few basics that every person who’s preparing for, or facing a job interview, should know… So, what are the types of questions the interviewer might ask? Here are a few examples. The common interview questions. There are probably 20 or 30 common questions typically asked in interviews. They’re easily found because most … Continue reading
GenY – Not all that different in what they value in work
The assumed gulf between the attitudes and values of the millennials versus the nonmillennials[: as ]it turns out, GenY is generally not all that different in what they value in work. The gist of our millennial misunderstanding is that we assume that, as keyed in and digitally fluent as they are, millennials don’t necessarily, well, … Continue reading
Youth Unemployment – The Microsoft YouthSpark initiative
When we launched Microsoft YouthSpark in 2012, we set out to create education, employment and entrepreneurship opportunities for 300 million young people over the course of three years. Working together with governments, businesses and more than 350 youth-serving nonprofit organizations, after two years we have created opportunities for 227 million young people in more than … Continue reading
Indigenous workers in Canada – Unemployment rates are much higher
Unemployment rates for Indigenous workers are much higher than for non-Indigenous Canadian born workers, and are comparable to that of new Canadians. As you can tell by the graph below, the recession was more severe and lasted longer for Indigenous workers and new Canadians. So whenever we’re talking about labour market strategies and good jobs, … Continue reading
US Demography – Half of Americans single
Single Americans make up more than half of the adult population for the first time since the government began compiling such statistics in 1976. Some 124.6 million Americans were single in August, 50.2 percent of those who were 16 years or older, according to data used by the Bureau of Labor Statistics in its monthly … Continue reading
Australia August 2014 Job Report – The largest monthly increase in jobs on record
The largest monthly increase in jobs on record has pushed the unemployment rate back down to 6.1 per cent. An estimated 121,000 jobs were added in August, which is well ahead of any previous monthly jobs gain recorded in ABS figures that go back to 1978. Economists had expected the unemployment rate to fall back … Continue reading
Recruitment Agency – The signs that you’ve got a good one
Here are some of the good things to seek out: 1) They have stellar testimonials and reviews 2) It just feels right 3) They specialise in your industry 4) They have a flawless BBB rating 5) They’re transparent 6) They don’t act like they need you 7) You have your own, responsive agent Chosen excerpts by … Continue reading
US – July saw the most workers quit since mid-2008
The U.S. Labor Department reported that July saw the most workers quit since mid-2008. This healthy trend hints that employees are becoming increasingly confident in their career prospects and the greater economy, willing to trade some stability for new opportunities. About 2.52 million workers quit their jobs in July — the most since June 2008 … 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 