Job Market Monitor
Michel Cournoyer
Does raising the minimum wage = job losses? | rabble.ca
Recently Ontario has decided to raise its minimum wage from $10.25 to $11, a full 16 per cent below the poverty line. Does increasing the minimum wage = job losses? Happily, Ontario has some recent history to rely on in answering this question. The province raised the minimum wage four times between 2007 and 2010, … Continue reading
Older Workers in France / More should be done to promote quality jobs says OECD
Promoting quality employment for older workers is crucial to boosting growth and ensuring a financially sustainable pension system, according to a new OECD report on ageing and employment policies in France. Working Better with Age in France emphasises that the transition from employment to retirement comes especially early and poses problems for many older workers. … Continue reading
Minimum Wage in US / Two-thirds of the federal minimum wage earners are women
Hiking the minimum wage has become the issue-of-the moment for Democrats, and as with many other major policy initiatives of late, they’re touting it as legislation that has a greater impact on women. It’s a tactic they embraced in the run-up to the 2012 race, as the “War on Women” narrative took hold. But now … Continue reading
Baclays / 400 jobs cut in corporate banking
Barclays is cutting 400 jobs from its corporate banking division, adding to the similar number of people axed by its investment bank this week as Chief Executive Antony Jenkins wields a cost-cutting knife. The bank cut 3,700 jobs last year. Chosen excerpts by Job Market Monitor. Read the whole story at Baclays cuts 400 jobs in corporate … Continue reading
Zynga / Acquisition and layoffs
While Zynga is adding staff with the acquisition of NaturalMotion, it’s cutting employees in other parts of the company. The layoffs come with a 15 percent workforce and cost reduction plan that is expected to save the company as much as $35 million but will impact up to 314 employees. This comes after a massive … Continue reading
White House Meets Business / To discuss better job training and discrimination against long-term unemployed
The White House released a list of 23 corporate or small business leaders joining with Obama and Vice President Joe Biden to discuss better job training to expand manufacturing capacity and help people who have been jobless for years re-enter the workforce. They include AT&T Inc., CVS Caremark Corp., JPMorgan Chase & Co. and The … Continue reading
Disability Insurance in US / Five factors explain bulk of growth in rolls
Some 8.9 million disabled workers were collecting monthly DI benefits at the end of 2013,[1] roughly three times the 1980 figure of 2.9 million. Most of that growth stems from five, primarily demographic, factors. Population growth. The working-age population — conventionally defined as people aged 20 through 64 — grew by 43 percent between 1980 … Continue reading
Food Stamp Recipients in US / The majority are now working-age americans
A recent Associated Press report revealed that the majority of food stamp recipients are working age Americans. This presents a dramatic shift from the days when the youngest and oldest Americans constituted the majority of recipients. One in seven Americans are currently enrolled in the Supplemental Nutrition Assistance Program (SNAP), and the Census Bureau’s Current … Continue reading
US / Fewer think of themselves as middle class
Despite a slowly recovering economy, the proportion of Americans who identify themselves as middle class has dropped sharply in recent years. Today, about as many Americans identify themselves as lower or lower-middle class (40%) as say they are in the middle class (44%), according to a recent Pew Research Center/USA TODAY survey. Chosen excerpts by Job … Continue reading
U.S. Metros / Mapping persistent unemployment
The map below, from the report, shows the geographic variations of the great metro reset. It charts the time frame for return to peak employment in metro areas across the U.S. Chosen excerpts by Job Market Monitor. Read the whole story at Mapping the U.S. Metros Where High Unemployment Could Persist for Years – Richard Florida – … Continue reading
Europe / The most effective way of boosting jobs is to get growth going again says IMF
A new book called “Jobs and Growth: Supporting the European Recovery,” authored by IMF staff, analyzes today’s challenges head-on and proposes a roadmap for the continent’s recovery.The book and its roadmap should contribute to the ongoing debate around these pressing issues. The book’s analysis is informed by the relationship between jobs and growth, which is … Continue reading
AstraZeneca in India / To close R&D unit with more than 150 jobs cut
British drug-maker AstraZeneca said it will close its research and development unit in Bangalore, India, making more than 150 jobs redundant. The move, as part of an ongoing global restructuring exercise, will also shut down its early stage research on tropical diseases tuberculosis and malaria. The existing research will be moved to its UK facility … Continue reading
Best Buy in Canada / To lay off 900 workers
Facing pressure from online electronics retailers such as Amazon and Apple, Best Buy Canada will close 15 of its big box stores before opening smaller outlets. The move, which represents about 10% of the retailer’s square footage in this country, will mean layoffs for an estimated 900 employees. Chosen excerpts by Job Market Monitor. Read the … Continue reading
Germany / Unemployment falls to one-year low
Germany’s unemployment eased sharply in January to the lowest level in nearly a year, helped by the improving economic outlook and in part by favorable weather conditions, underpinning hopes that the recovery will gather pace in the first quarter on the back of strong private consumption. Data released by the Labor Ministry on Thursday showed … Continue reading
Giving meaning to a job
Here’s a taste of the evidence on the link between helping others and meaningful work: A comprehensive analysis of data from more than 11,000 employees across industries: the single strongest predictor of meaningfulness was the belief that the job had a positive impact on others. Interviews with a representative sample of Americans: more than half … 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 