Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Associate Degrees in US – How they are paying off (Infographic)

With the cost of tuition at four-year colleges and universities growing out of control, it is no surprise people are more interested in two-year degrees. Let’s take a look at how popular associate degrees are and how they are paying off. Source: DegreeQuery.com Chosen excerpts by Job Market Monitor. Read the whole story at  Associate Degrees: Bang … Continue reading

US – The retirement crisis it’s not what some people want you to believe it is

America has a retirement crisis, but it’s not what some people want you to believe it is. It’s not the defined benefit pension plans that public employees pay into over a lifetime of work, which provide retirees an average of $23,400 annually (although some public officials fail to make their required contributions to these and … Continue reading

US – A boom in health care jobs

Evidence confirms the demand for health care professionals, and it’s not just for physicians and nurses but for medical records processing specialists, lab technicians, informational technology support experts and more.  A confluence of factors is at work, but two stand out: The aging of the baby boom generation, and the passage of the health care … Continue reading

1997 to 2012 in Canada – Wages and Employment of High School Graduates and Bachelor’s Degree Holders,

From the 2000-to-2002 period to the 2010-to-2012 period, average real weekly wages fell marginally for male bachelor’s degree holders who were aged 20 to 34 and employed in full-time jobs and rose about 5% for their female counterparts. In contrast, average real weekly wages among full-time job holders rose roughly 9% for men and 11% … Continue reading

Manufacturing jobs are shrinking everywhere

The decline in manufacturing jobs isn’t confined to the (now) rich world.  According to the Groningen Growth and Development Center, manufacturing jobs in Brazil climbed as a proportion of total employment from 12 percent in 1950 to 16 percent in 1986. Since then it’s slid to around 13 percent. In India, manufacturing accounted for 10 percent of … Continue reading

UK Computer Games Programmers – A brain drain ?

UK computer games programmers are increasingly being head-hunted by companies based in the US and Canada according to Procorre, an international professional services consultancy that operates across 120 countries. Te company is warning of a ‘brain drain’ of UK IT talent as over 50 per cent of the online gaming job adverts aimed at UK … Continue reading

US – New jobs aren’t worth moving

Americans are moving less—and not as far—because it’s not nearly as worthwhile economically.  Most moves are local, from neighborhood to neighborhood in the same city or county, and are largely driven by seeking better housing or more proximity to family and friends. But long-distance moves between states are different. These interstate moves are typically driven … Continue reading

US – Short and long-term unemployment exert equal downward pressure on price inflation says FEDS research

In the years following 2009, long-term unemployment has been very elevated while inflation has fallen only moderately, raising the question of whether the long-term unemployed exert less downward pressure on prices than the short-term unemployed, perhaps because such potential workers are disconnected from the labor market. However, empirical evidence is mixed. This analysis demonstrates that … Continue reading

The Job Gap in US – Lack of jobs is still a very big problem

In the next few months, the labor market will pass a milestone in its recovery from the Great Recession: Total payroll employment (private plus government) will finally top its pre-recession level . But before breaking out the champagne, let’s remember that the previous peak was more than six years ago in December 2007; with population … Continue reading

Unemployed in Canada ? Get a job fast says Macleans

Despite many economic indicators improving since the start of the recession, Canada has a significant long-term unemployment problem that is not improving. Statistics Canada’s Table 282-0047 contains detailed monthly data on the number of Canadian unemployed for a specific period of time. While there have been improvements in some labour market indicators, the number of people who … Continue reading

Temporary Foreign Worker in Canada – Eased hiring conditions have risen unemployment rates in Alberta and British Columbia says CD Howe

Since easier access to a large supply of foreign labour might generate undesirable incentives on the part of both employers and prospective workers, a Temporary Foreign Worker (TFW) program requires careful design. Failure at any stage of the process – at time of hiring, during employment, or at the end of the contract – is … Continue reading

Job Search – Apply for what you’re qualified for

People applying for job after job might easily imagine cold-hearted hiring managers simply tossing piles of resumes into the trash, without even giving them a look. Yet applicants such as Mr. Management compound the problems created by a flood of resumes, a scarcity of jobs and overworked recruiters doing more with less, like everybody else. … Continue reading

Why Social Work is Important (Infographic)

The range of ailments and bad situations in which social workers help is astounding. With over 600,000 in the US today, there’s more need for even more social workers than ever.[1] What do they do? Support communities in need (including those dealing with…): Poverty Discrimination Abuse Addiction Physical illness Divorce Loss Unemployment Educational problems Disability … Continue reading

The Talent War – UK vs US for games developers

The UK may be best known for over-paid bankers and phone-hacking tabloids, but actually one of our most successful industries is video games. In 2011, according to a study by the Association for UK Interactive Entertainment, the industry was worth £2.52bn, and was projected to grow by 10% between 2010 and 2014, faster than the … Continue reading

Canada’s Temporary Foreign Worker Program – Kenney banning restaurants

Amid a roar of criticism, Employment Minister Jason Kenney took action Thursday against the government’s scandal-ridden temporary foreign worker program by banning restaurants from accessing it.  Kenney issued the surprise moratorium hours after the C.D. Howe Institute released a scathing study into the program that concluded it had spurred joblessness in B.C. and Alberta, two … Continue reading

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