Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Nigeria – People blame politics and unemployment for terrorism attacks

Asked, “In your opinion, what is the major cause of terrorism in Nigeria?” 26 percent said  “Election/political interest” while 21 percent of respondents answered “unemployment”. Meanwhile 10 percent, 8 percent and 6 percent of individuals polled respectively said bad government/leadership, high level of poverty and corruption is the major cause of terrorism in the country. Chosen excerpts by … Continue reading

The US Middle Class – 20 percent poorer than it was in 1984

As the Russell Sage Foundation points out, the slow housing recovery means that, in 2013, median households were still 36 percent poorer than they were a decade earlier. In fact, the housing bust was big enough to erase all the gains the middle class had made the past 30 years—and then some. As you can see below, … Continue reading

Job Search and LinkedIn Profile – 10 Tips

LinkedIn is simple enough to use, but it is such a powerful and thorough tool that there are many points which can be easily overlooked. These incredibly useful tips are not only going to make your LinkedIn profile the strongest it can possibly be, they are also going to change the way you use your … Continue reading

Japan – Unemployment rises to 3.7% while job offer at 22-year high

The jobless rate rose for the first time in almost a year in June, while the ratio of job offers to seekers hit a 22-year high, official data showed Tuesday.  The unemployment rate edged up to 3.7 percent in June from 3.5 percent the month before, the internal affairs ministry said. It was the first … Continue reading

UI in US – Employers’ demand for workers remains weak and workers have not chosen to stay on benefits

Most state unemployment insurance fund accounts became insolvent in the wake of the Great Recession because states did not adequately fund them in the early to mid-2000s recovery. States that responded to the insolvency by cutting the duration of unemployment benefits did not save significant amounts of money or boost employment. There are no clear … Continue reading

Canada – The Job Market is worse than it appears

Employment Rate for 25-54 Year Olds To control for demographic effects, we take out groups that are often still in school (24 years and younger) or can potentially enter early retirement (55 and up). There are other endpoints we can use, but limiting the discussion to 25-54 year olds is the most common approach. Under … Continue reading

Bridging the Gap Between Employer and Job Seekers

(Guess Posts by by Rebecca Gray) If you happen to be unemployed and have been seeking a position for some time, but have met with little success, you might find yourself confused by recent statistics that indicate a steady decrease in unemployment claims, not to mention the frequently published projections of a rosy employment picture … Continue reading

Youth Unemployment – Current high levels will be felt by society for decades

It is clear that youth unemployment leads to many negative outcomes in terms of both material and mental wellbeing. Here, Ronald McQuaid summarises the multiple scarring effects of youth unemployment. Current high levels of youth unemployment will therefore be felt by society for decades, making effective policy responses incredibly important.  Being unemployed when young leads to a higher likelihood … Continue reading

Job Search tool for Flexible Jobs

There are a lot of perceptions of what work from home jobs and other flexible jobs can be, and quite honestly, most of them are outdated. We compiled this list of 100 of the Most Surprising Flexible Jobs, Past and Present, in order to help showcase that flexible work – meaning telecommuting, freelance, part-time, flexible, … Continue reading

India – Proposition of a textile policy to create 35 million more jobs

An expert panel constituted by the government on Monday submitted the draft of the new National Textiles Policy, which aims to achieve $300 billion exports by 2024-25, and creation of additional 35 million jobs by attracting investments. The blueprint termed as the draft ‘Vision, Strategy and Action Plan’ to revitalize the textiles and apparel industry … Continue reading

US – Low teacher pay is a problem finds the Center for American Progress

Low teacher pay is not news. Over the years, all sorts of observers have argued that skimpy teacher salaries keep highly qualified individuals out of the profession. One recent study found that a major difference between the education system in the United States and those in other nations with high-performing students is that the United … Continue reading

US – Workforce Innovation and Opportunity Act (WIOA) – FAQ

The following Frequently Asked Questions are drafted in the context of the Workforce Innovation and Opportunity Act (WIOA) programs that are administered by the Department of Labor (DOL). GENERAL QUESTIONS Q. What programs are authorized by WIOA? WOIA authorizes key employment and training programs and the American Job Center (referred to as One-Stop Center in … Continue reading

US – Long-term unemployment might be falling for the good reason

in the past six months, unemployment has fallen much faster than expected, from 6.7 to 6.1 percent. And as you can see above, 88 percent of that has been due to declining long-term unemployment. Chosen excerpts by Job Market Monitor. Read the whole story at The long-term unemployed might finally be getting jobs – The Washington Post. … Continue reading

The 40-Hour Work Week – 88% work above and beyond finds PGi

A staggering 88% of respondents from our June online survey said they work above and beyond the traditional 40-hour work week. Seventy-one percent responded that they take work home with them at least one day per week. Chosen excerpts by Job Market Monitor. Read the whole story at  R.I.P. 40-Hour Work Week. Related posts Ending the 9 … Continue reading

UK – The recovery is over as the comes economy back at pre-crisis level

Key points (ONS) Change in gross domestic product (GDP) is the main indicator of economic growth. GDP increased by 0.8% in Q2 2014, the second consecutive quarter on quarter increase of 0.8%. Output increased in two of the four main industrial groupings within the economy in Q2 2014 compared with Q1 2014. In order of … Continue reading

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