Job Market Monitor
Michel Cournoyer
Graduates in Canada – A ‘lost generation’ really ?
Statistics Canada released the first data from the new National Graduates’ Survey. To put it mildly, this new data blows both of those narratives out of the water. The NGS is designed to report on the fate of graduates two years after graduation. What was released last week was the 2012 employment and income situation … Continue reading
Job openings in US – Highest in more than six years
The number of job openings in the U.S. recently hit the highest level in more than six years, a trend that could precede faster employment growth in coming months, according to a Tuesday analyst note. There were 4.17 million job openings in February -– the most since January 2008 — up 4% from a year … Continue reading
The Job Gap in US – How many more jobs are needed ?
One of the big questions concerning the U.S. jobs market is how many jobs need to be created to reach full employment? Without knowing that, it’s hard to determine when the nation’s economy will have finally recovered. Figuring out that number is complicated by several uncertainties, including just how many people need jobs and how … Continue reading
Long-term unemployment in US since 1950 – A chart
This FRED graph divides unemployed (civilian) workers according to the duration of their unemployment spell. The number of those unemployed for 27 weeks or more is still very high, while the other categories have recovered to normal levels. This level of persistently elevated unemployment is different from that during previous recessions, and there may even … Continue reading
Coming back to BC – Shuting door on doctors from foreign medical schools
Canadians who study medicine, even at the best medical schools in the world, face barriers and prejudice when they seek to return home to work in B.C. and rejoin their families. The government has allowed universities, instead of the College of Physicians and Surgeons, to choose who is granted entry-level training jobs as resident … Continue reading
Cuba – 100,000 health care jobs cut
Cuban authorities say they have eliminated more than 100,000 jobs in health care, considered one of the “pillars” of the 1959 revolution. The cuts come as President Raul Castro tries to streamline government as part of a broader economic reform package. The weekly labor newspaper Trabajadores said Monday that 109,000 health care positions have been … Continue reading
Skills Gap in US – We need to kill this zombie writes Krugman
The point is that influential people move in circles in which repeating the skills-gap story — or, better yet, writing about skill gaps in media outlets like Politico — is a badge of seriousness, an assertion of tribal identity. And the zombie shambles on. Unfortunately, the skills myth — like the myth of a looming … Continue reading
Higher Education in US – The employment status of instructional staff members in 2 charts
Chosen excerpts by Job Market Monitor. Read the whole story at Losing Focus: The Annual Report on the Economic Status of the Profession, 2013-14 | AAUP Related Posts US / Education / Investment in student falls for first time ever The combination of high education and high-skill occupation is associated with the greatest degree of skill maintenance … Continue reading
Unemployment Extension in US – It passes Senate
The Senate approved a bipartisan unemployment benefits extension Monday, with six Republicans joining Senate Democrats to clear the measure. The measure passed 59 to 38 with all Democrats in attendance voting for the bill. The five Republicans who helped negotiate the measure — Susan Collins of Maine, Dean Heller of Nevada, Mark S. Kirk of … Continue reading
Intel in Costa Rica – To lay off 1,500 employees and goes to Asia
Intel’s Costa Rican unit will lay off some 1,500 employees and move its manufacturing operations to Vietnam, according to reports. The layoffs would represent more than half of its total staff in the country. According to reports, the US chip manufacturer will retain some 1,200 workers in Costa Rica, mostly working in its service operations. … Continue reading
US – Next year’s supply of 85,000 visas for highly skilled workers gone within days
Businesses seeking highly skilled workers from overseas took less than a week to snap up all 85,000 visas available for next year. The U.S. Citizenship and Immigration Services announced Monday that the cap on H-1B visas for the 2015 fiscal year had already been reached. The agency began accepting applications April 1 for the highly … Continue reading
Can Germay’s Dual System work in Canada ?
Last month, I was very fortunate to be included in a study tour of the German dual-system of education and training led by Minister Kenney. He invited CFIB and several other provincial, business and union officials to look at Germany’s successes in vocational training and to determine if there are any lessons for Canada. To … Continue reading
Monetary Policy in Sweden – Social Democrats call for employment target
Sweden’s Left Party wants the Riksbank to broaden its target to include employment when it sets interest rates. The party, which supports the opposition Social Democrats leading in most polls ahead of September elections, also advocated for looser budget rules to cut joblessness in the largest Nordic economy. The jobs objective should complement the bank’s … Continue reading
Persons with a Disability in US – Unemployment rate at 14.5 percent in March
The unemployment rate for Americans with disabilities is up slightly as more people seek work, the U.S. Department of Labor said Friday. The jobless rate for those with disabilities rose to 14.5 percent in March, up from 14.3 percent the month prior. Despite the uptick, however, the Labor Department said that more individuals in this … Continue reading
Long-term unemployment – Why does it matters
Evidence is mounting that the long-term unemployed aren’t merely the short-term unemployed with the addition of a little waiting time. They are in a very different situation – and an alarming one at that. Researchers in the US are setting the pace on this topic, because it is in America that a sharp and unique … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 