Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Great Britain – The wealthiest 10% of households owned 44% of total aggregate household wealth, the least wealthy half 9%

This chapter looks at total net wealth of private households in Great Britain. The definition of wealth used in this survey is an economic one: total wealth (gross) is the value of accumulated assets, and total wealth (net) is the value of accumulated assets minus the value of accumulated liabilities.  Total net wealth is defined … Continue reading

Unemployed African Americans – Less likely to give up job search

Relative to whites, a higher share of jobless blacks have continued to seek work—which means they have remained in the labor force and therefore been counted as unemployed. This is reflected in the fact that the percentage of blacks in the labor force (employed or actively seeking work) has fallen by less than the comparable … Continue reading

Jobless Claims in US – At lowest level since 2007

The number of Americans who applied for unemployment benefits fell sharply for the second straight week, touching the lowest level since May 2007, but at least part of the drop probably stemmed from lingering seasonal affects tied to a late Easter holiday.  Initial jobless claims declined by 24,000 to a seasonally adjusted 297,000 in the … Continue reading

US in Maps – The most popular languages by state

One of the most interesting data sets for aspiring mapmakers is the Census Bureau’s American Community Survey. Among other things, that survey includes a detailed look at the languages spoken in American homes. All the maps below are based on the responses to this survey. For instance, Mandarin, Cantonese, and other Chinese dialects are separated … Continue reading

Maternity and paternity at work around the world – An ILO Report

The year 2019 will mark both the ILO’s 100th anniversary and the first centenary of international labour standards on maternity protection. In fact, protecting maternity at work was one of the primary concerns of the ILO. It was during the first International Labour Conference in 1919 that the first Convention on maternity protection (Convention No. … Continue reading

Skills Gap in Canada – How the myth was shattered

It took nine months of detective work by economists, journalists, social media sleuths and investigators at the Parliamentary Budget Office to solve the mystery of Canada’s missing job vacancies.  Last week auditor general Mike Ferguson made it official: the federal government was using unreliable statistics to support its claim that Canada had plenty of jobs … Continue reading

US – Fast-food workers walking off their jobs in 150 cities

Fast-food workers are expected to walk off their jobs in 150 cities from Oakland to Orlando. The protests will be a first for fast-food workers in Miami, Orlando, Philadelphia and Sacramento.  The events are intended to publicize the employees’ demand for a $15-an-hour wage. The median pay nationwide for fast-food restaurant workers is $8.69 an … Continue reading

UK – NHS jobs to be outsourced to INDIA unions claim

Hundreds of NHS jobs could be shipped off to India under cost-saving plans being considered by health chiefs, unions have claimed.  The country’s biggest health union, Unison, said the cuts could cost 900 British workers their jobs. NHS England managers are set to consider the plans at a crunch board meeting tomorrow. Most of the … Continue reading

Canada Job Bank – Outdated listings for jobs in dozens of communities that have long since been filled

Employment Minister Jason Kenney says there are no job postings languishing on the federal government’s online job bank that are older than six months — even though the site is strewn with ads that are almost a year old or older.  “The typical maximum posting period is 30 days,” Kenney said this week in the … Continue reading

Social Media and Recruiting Tools

Social media is a great way for recruiters to engage passive candidates. There are some great new tools that integrate social media into your talent acquisition efforts. Here are my favorites. Before I start, let me say that this isn’t an exhaustive list meant to exclude; it’s merely meant as some good examples! Zartis and … Continue reading

Progressive Taxes in US – An historical chart

The weight of the federal income tax has varied widely since it was introduced a century ago. It has generally played a progressive role in mitigating income inequality. But it is not powerful enough to overcome the widening gap of recent decades. Chosen excerpts by Job Market Monitor. Read the whole story at The Politics of Income … Continue reading

Reshoring in US – Factory jobs returning matched the number lost last year

Although no one keeps precise statistics, the retreat from offshoring is clear from various sources, including federal data on assistance to workers hurt by overseas moves.  U.S. factory payrolls have grown for four straight years, with gains totaling about 650,000 jobs. That’s a small fraction of the 6 million lost in the previous decade, but … Continue reading

UK – Unemployment at lowest in more than five years and real wage growth

Britain’s unemployment rate fell to its lowest level in more than five years in the first quarter of 2014, helped by a record number of people getting jobs. Pay growth rose more than inflation for the first time since 2010 but was below forecasts. The latest signs of recovery in the labour market come shortly … Continue reading

US Steel Sector – Half a million U.S. jobs which are at risk say the United Steelworkers

United Steelworkers (USW) International President Leo W. Gerard issued the following statement today on the release of a study of the enormous challenges facing the U.S. steel sector from a flood of imports and rising excess global capacity in steel production. The report “Surging Steel Imports Put Up to Half a Million U.S. Jobs at … Continue reading

Canada – The job recovery is overstated says a Bank of Canada’s study

The Bank of Canada says the country’s job-creation record since the recession is likely a little less impressive than the fall in the unemployment rate would suggest. The central bank says in a new research paper that the unemployment rate, although the most quoted measure of labour market health, has overestimated the jobs recovery in … Continue reading

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