Job Market Monitor
Michel Cournoyer
Germany – Introducing a national minimum wage
Germany‘s coalition government agreed Wednesday to introduce a national minimum wage of 8.5 euros (11.72 dollars) an hour from January next year, despite strong opposition from the business sector. Legislation for the minimum is expected to be passed by parliament by July. “It will represent more social justice in our country,” said Labour Minister Andrea … Continue reading
ADP on US National Employment Report – Private sector employment increased by 191,000 jobs from February to March
Private sector employment increased by 191,000 jobs from February to March according to the March ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics. The report, … Continue reading
Petroleum Services Association of Canada – The next bottleneck is going to be skilled labor
Asked what keeps him awake at night, the president and CEO of the Petroleum Services Association of Canada, Mark Salkeld, says, “Labor, labor and labor.” At PSAC, Mark Salkeld represents 260 energy services companies that employ more than 80,000 people. He and all of the HR executives at his member companies know that employment in … Continue reading
Ford in Russia – To cut about 950 jobs
Ford Motor Co. (F:US)’s Russian joint venture is cutting about 950 jobs at two factories in response to the falling ruble and deteriorating demand in the country. A car plant run in partnership with OAO Sollers near St. Petersburg will eliminate about 700 positions as it drops a work shift in June, John Gardiner, a … Continue reading
Europe – In February 2014, 5.392 million young persons (under 25) were unemployed
The euro area (EA18) seasonally-adjusted unemployment rate was 11.9% in February 2014, stable since October 2013. It was 12.0% in February 2013. The EU28 unemployment rate was 10.6% in February 2014, down from 10.7% in January 2014. It was 10.9% in February 2013. These figures are published by Eurostat, the statistical office of the European … Continue reading
Youth Guarantee in Europe should be a joint effort
Last year, as part of the Multiannual Financial Framework (MFF) 2014-2020, EU leaders agreed to provide an additional €6 billion to support employment of people under the age of 25. The so-called Youth Employment Initiative (YEI), or Youth Guarantee scheme, now plays a crucial role in the EU labour market, with the additional funding frontloaded for the first … Continue reading
Monetary Policy in US – Yellen: The Fed is determined to improve employment situation
Janet Yellen, the Federal Reserve chairwoman, devoted more than an hour last week talking by telephone with three Chicago area residents struggling to find jobs. On Monday, she made their stories the centerpiece of the first public speech in her new job, delivering a strong statement about her concern over unemployment, her conviction that the … Continue reading
Getting in Europe – Over 17 million people from third countries around the world submitted visa applications
Last year over 17 million people from third countries around the world submitted visa applications to enter the Schengen area. This is certainly a striking figure, but what is even more striking are the estimations that at least 6.6 million potential travellers did not enter the Schengen area in that same year due to lengthy … Continue reading
US – Public sector workers are older than private sector workers and more
Among workers ages 18 to 64 who work full-time, differences in characteristics that may affect the relative pay and benefits of private and public sector workers include the following: Age. Reflecting the aging of the U.S. labor force, workers in both the private and public sectors have become older. Nevertheless, employees in the public sector … Continue reading
Japan – To expand controversial work permits program to stay for up to five years
Japan is considering expanding a controversial programme that now offers workers from China and elsewhere permits to work for up to three years, as the world’s fastest-aging nation scrambles to plug gaps in a rapidly shrinking workforce. Prime Minister Shinzo Abe’s Liberal Democratic Party on Tuesday submitted a proposal to let workers to stay … Continue reading
Job Search – Not being Out-of-Date
When you look out-of-date, employers and recruiters assume that you are out-of-date. This hurts you and your job search because employers do NOT want to hire someone who is out-of-date. Effective job search methods have changed a great deal, particularly since 2010. The widespread use of search engines and social media has impacted recruiting … Continue reading
US – 260,000 graduates in minimum wage jobs
About 260,000 people who had a college or professional degree made at or below the federal minimum wage of $7.25 per hour last year, according to the Bureau of Labor Statistics. Things may be looking up a little, though — it’s the smallest number since 2008. The worst year was 2010, when the number skyrocketed … Continue reading
Hotel Management Graduates in India – Less than 11% are employable after college
Less than 11% of hotel management candidates are employable after college, according to the latest Aspiring Minds National Employability Report, Hotel Management Graduates – 2014. The report by the employability solutions company highlights that females are more employable as compared to male graduates. “Our National Employability Report in its latest edition goes deep into the … Continue reading
Future Care Workforce in UK – To add 1 million workers by 2025
The Future Care Workforce reviews the state of the adult social care workforce and how it may have to evolve to meet the challenges it is likely to face over the coming decade. This report was supported by Anchor. This report finds that the adult social care sector in England will need to add approximately … Continue reading
Job Search for Canadian Law Students – New job site launched
The Law Job Exchange, launched just three weeks ago, promises to “link you up with opportunities that you may have otherwise missed.” “The web site is all about sharing opportunities and I don’t think that’s something law students are necessarily used to with the competitiveness of the profession,” says web site founder Nikolitsa Katsoulias. “But … Continue reading
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