Job Market Monitor
Michel Cournoyer
China’s grads – Shanghai the top pick for job
A recent survey shows that Shanghai has become the favorite place for China’s college graduates to find a job, overtaking the capital Beijing. From over 50,000 students at more than 100 colleges who were surveyed by the 21st Century English Paper of the English-language China Daily, 27% said Shanghai is their first choice for a … Continue reading
Canada – CBC to cut 657 jobs
CBC president Hubert Lacroix announced on Thursday afternoon that 657 jobs would be eliminated over the next two years for reasons that included — although were not limited to — the end of Hockey Night in Canada production at the CBC. Most of the positions will be cut in the months ahead as the Saturday … Continue reading
Personal income tax in OECD – It has risen in 25 out of 34 countries over the past three years
Personal income tax has risen in 25 out of 34 OECD countries over the past three years, as countries reduce the value of tax-free allowances and tax credits and subject higher proportions of earnings to tax, according to new data in the annual Taxing Wages publication. The increases in tax burdens on labour income in … Continue reading
Youth Unemployment in UK – Rethink the way European funding is used says a House of Lords report
Youth unemployment has left “a generation scarred”, according to a House of Lords report out today. With the rate of young jobless in the EU still at nearly double its pre-crisis level, and the UK experiencing exceptionally high levels of unemployment, the report calls on the Government to rethink the way it uses European funding. … Continue reading
Australia in March – Unemployment Rate fell to 5.8%
The unemployment rate has fallen to a four-month low, in what is being read as a sign of an improving economy. The jobless rate was 5.8% in March, down from 6.1% in February, according to seasonally-adjusted figures from the Australian Bureau of Statistics. The number of people with jobs rose 18,100 in March after a … Continue reading
US – Long-Term Unemployment is elevated across all education, age, occupation, industry, gender, and racial and ethnic groups
Long-term unemployment is elevated for workers at every education level. The table below provides additional breakdowns of long-term unemployment by age, gender, race/ethnicity, occupation, and industry. For each category, the table shows the long-term unemployment rate in 2007, the long-term unemployment rate in 2013, and ratio of the two. It demonstrates that while there is … Continue reading
The first annual “European Jobs and Skills review”
The first annual European Jobs and Skills review takes an in-depth look at trends in employment and unemployment in countries and regions across Europe, tackling the critical issues of underemployment, structural unemployment, productivity and wages, changes in the nature of work, skills supply, labour market gaps and youth unemployment. The world is changing rapidly due … Continue reading
Europe’s Social-Democrats on Jobs – A 10-point plan for change
27 million Europeans are unemployed. The longest recession since the 1930s is slowly giving way to the weakest of recoveries. Inequality is rising, living standards falling. More and more workers are in precarious, insecure jobs. Real wage levels – even in the strongest economies – are lower than a decade ago. Something has gone badly … Continue reading
Jobless Claims in US – The last time initial claims were this low was May 12, 2007 says DOL
In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week’s revised level. The last time initial claims were this low was May 12, 2007 when they were 297,000. The previous week’s level was revised up by 6,000 from 326,000 to 332,000. … Continue reading
UK – Talent mismatch costs more than £1bn to employers
Businesses from all the major economies, including the UK, are losing billions of pounds through recruitment errors. This is mainly caused by employees’ inability to adapt and retrain for new roles and industries. PwC and LinkedIn released the study, Adapt to Survive, this week. It looks at a profile of 277 million professionals and 2,600 … Continue reading
Sweden – To try six-hour public sector workday
A city council in Sweden is set to cut the number of hours its staff members work down to just six – while keeping them on full pay. The controversial economic experiment will see municipal workers in Gothenburg, the country’s second-largest city, become guinea pigs in a trial lasting at least one year. The council’s … Continue reading
Resume – Top 15 Words Hiring Managers Want To See
Over 2200 hiring managers and HR professionals ranked the best and worst words for job seekers to use on their resumes, according to a recent survey conducted by the Harris Poll on behalf of CareerBuilder. It’s a great list comprised of some impactful action verbs, and I think you’ll be happy to see what’s been … Continue reading
Youth Unemployment In Europe – A misdiagnosis
The EU underestimated just how big an impact the austerity measures would have on the economies of the member states. Europe’s economy remains relatively closed, which means that countries rely on trade with each other, so when countries all start to tighten fiscal policies at the same time, the impact is multiplied. Not surprisingly the … Continue reading
Unemployed Mothers in US – Staying at home
More mothers in the United States are staying home, but the increase is linked more to unemployment and demographic changes than to choice, a study published Tuesday suggested. In 2012, nearly one in three mothers, or 29 percent, did not work outside the home, up from 23 percent in 1999, said the study from the … Continue reading
Working from Home – Integrating them into the team
Largely due to the availability of high-speed Internet, the number of people who work from home at least one day per week rose from 9.5 million in 1999 to 13.4 million in 2010, according to the U.S. Census. How do you help your remote workers feel like part of the team? To find out, we … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
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