Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Maps – Median age of every country in the world

Using data from the CIA Factbook, we’ve created the graphics below to show you the median age of every country in the world. There are 1.2 billion people between the ages of 15 and 24 in the world today — and that means that many countries have populations younger than ever before. Chosen excerpts by … Continue reading

Tertiary-educated individuals are likely to earn twice as much as the median worker finds OECD (video)

Access to education continues to expand worldwide but the socio-economic divisions between tertiary-educated adults and the rest of society are growing. Governments must do more to ensure that everyone has the same opportunity to a good education early in life, according to a new OECD report. Education at a Glance 2014 says that educational mobility has … Continue reading

Mining in Australia – Unemployment double national rate

Professionals in Australia’s minerals industry are experiencing double the average national unemployment rate, a survey has revealed. Research by the Australasian Institute of Mining and Metallurgy (AusIMM) showed the unemployment rate amongst workers, such as geologists and mining engineers, was 12.2 per cent. The institute’s chief executive, Michael Catchpole, said changes in commodity prices, cost-cutting … Continue reading

Job Search Tips – What your resume should NOT include

There are several items, however, that your resume should NOT include: (1) Personal details and photographs (2) Hobbies (3) Clubs, organizations and volunteer work NOT related to your industry or profession (4) Religious and Political affiliations (5) Your “Objective” – It may seem counter-intuitive to leave this off, but the statement of a specific Objective … Continue reading

Unemployment Insurance in US – 1.4 Million foreclosures avoided

An updated tally by Moody’s Analytics shows that 6.5 million homeowners have lost their homes in the housing bust so far.  And for most of them, the proximate cause of foreclosure was unemployment. Losing a job meant losing the income to pay the mortgage, while depressed house values meant that struggling homeowners could not tap … Continue reading

US – Workers are hostage to the weakest aspects of the business environment say Harvard Business School’s professors

For America to remain competitive, businesses need to develop a coordinated strategy to lift living standards for the average American worker. So concludes the newly issued annual report from the US Competitiveness Project at Harvard Business School, or HBS. The topic of this year’s survey: “An Economy Doing Half Its Job.” The project is chaired … Continue reading

Canada – A ‘Good Jobs Summit’ to come (video)

The Good Jobs Summit is a national dialogue between workers, students, governments, employers and community organizations, with the goal of finding solutions and new approaches to jobs and the economy. The Summit will feature a number of high profile speakers, workshops and panel discussions, exploring questions of: How can we turn low income, precarious jobs … Continue reading

Youth Unemployment in Uganda – Demands for government action

With Uganda’s unemployment rate at near 83 percent, the government is being challenged by a group of former students who have formed the National Association of the Unemployed. Their demands are for the government to sponsor and create jobs for Uganda’s large youth population. Uganda has one of the highest rates of unemployment on the … Continue reading

When the sharing-economy gets at your job

I love the sharing economy because it’s efficient. Got some spare time? Become a TaskRabbit! Spare space? AirBNB it! A car and nowhere to go? Drive for Uber or Lyft! The taxi industry is a regulatory-capture nightmare. Disrupt ‘em ’til they’re dead? Don’t mind if you do! …And yet our 21st-century sharing-economy dream is beginning … Continue reading

US – Growth since the Great Recession has improved the fortunes of the most affluent Fed says

Economic growth since the Great Recession has improved the fortunes of the most affluent Americans even as the incomes and wealth of most American families continue to decline, the Federal Reserve said Thursday. For the most affluent 10 percent of American families, average incomes rose by 10 percent from 2010 to 2013. For the rest … Continue reading

US Workforce Investment Act (WIA) – Positive earnings and employment effects for the adult funding stream and mostly negative estimates for the dislocated worker stream research finds

Our examination of the impacts of receiving WIA training rather than solely core and/or intensive services in two anonymous states has yielded a wealth of important findings both substantive and methodological. We find differences in probabilities of training receipt as a function of race, age and education. Substantial unconditional differences by race largely, but not … Continue reading

India to China – Set up manufacturing units

India today asked China to invest in setting up manufacturing units in the country to bridge the widening trade deficit and create jobs in the country. Commerce and Industry Minister Nirmala Sitharaman said India has signed an agreement with China in June to set up Chinese Industrial Parks in India. “We are expecting Chinese to … Continue reading

US – A majority of workers have new jobs since the end of the recession

Now here is an important fact: the median number of years that current wage and salary workers have been with their current employer is about four and a half. In other words, more than half of current workers have jobs that are new since the end of the recession. A majority of workers have new jobs, some … Continue reading

Participation in US – Ongoing structural influences with some crowding out of job opportunities for young workers research finds

The evidence we present in this paper suggests that much of the steep decline in the labor force participation rate since 2007 owes to ongoing structural influences that are pushing down the participation rate rather than a pronounced cyclical weakness related to potential jobseekers’ discouragement about the weak state of the labor market – in … Continue reading

Employed Foreign-Born in US – 24,639,000, a record number

The number of foreign-born individuals holding jobs in the United States hit a recorded high of 24,639,000 in August, according to data from the Bureau of Labor Statistics (BLS). The BLS has been tracking the number of foreign-born workers annually since 2005 and monthly since 2007. The BLS does not distinguish between foreign-born individuals who … Continue reading

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