Job Market Monitor
Michel Cournoyer
Are you in The Wrong Job ? / 6 Warning Signs
1. You get that horrible feeling in your stomach on Sunday evenings. 2. You are becoming a clock watcher. 3. You are jealous of every other person’s job. 4. You have classic signs of anxiety that keep coming back. 5. You cannot relate to your colleagues or members of your team. 6. Even if they doubled your salary, you would still … Continue reading
US / 40% of the self-employed are not saving regularly for retirement, and 28% are not saving at all survey finds
Many of us have dreams of leaving the 9-to-5 grind and working for ourselves. And since the 2008 financial crisis, many have done it — even if some didn’t really have a choice. But many of these budding entrepreneurs, and even the people who have owned their businesses for years, are part of a growing … Continue reading
Green Subsidies in Germany / EU regulators launch in-depth probe
The European Commission said on Wednesday it would open a full investigation into Germany’s management of green subsidies, a decision that could lead to higher costs for industry and unsettle investors in renewable energy. Around 2,000 German heavy energy users, including chemical and steel firms such as BASF and ThyssenKrupp , have been exempt from … Continue reading
Spain / Do more labour market reforms OECD urges
Spain could further cut severance pay and better match training programmes to business needs among new steps to reduce Europe’s second-highest jobless rate, the OECD organization of wealthy countries said in a report on Wednesday. The report by the Organization for Economic Co-Operation and Development praised Spain, which is just emerging from a prolonged economic … Continue reading
UK / Unemployment rate slips to four-and-a-half year low of 7.4%
Britain’s unemployment rate has slipped to a four-and-a-half year low of 7.4%, edging closer to the “threshold” at which the Bank of England has said it will consider raising interest rates. The Office for National Statistics (ONS) said on Wednesday that unemployment in the three months to October was 2.39 million, or 7.4% of the … Continue reading
Washington / The 2013 Best Places to Work present a disturbing picture of federal employees says report
The 2013 Best Places to Work data present a disturbing picture of federal employees throughout the government who are increasingly dissatisfied with their jobs and workplaces Continue reading
Getting to Work in US / Mainly driving alone – A Chart
Here is a very, very long graph from Census data on how 140 million Americans get to work every year Continue reading
US / The youth unemployment crisis
Decades of economic data on youth joblessness shows that: 1) lack of work early in an individual’s career leads to lower future wages; and 2) entering the job market during a recession scales up individual challenges to entire generations. The data is as solid as it is disturbing Continue reading
France / On edge of return to recession
A survey of French manufacturers found that output contracted and businesses shed jobs in November in response to the fastest slowdown in new orders since April, accentuating the single currency bloc’s sluggish recovery Continue reading
US / Labor Force Participation Rate has declined to levels not seen in about 35 years or so, to about 63%
Said differently, the percent of people that are classified as actually being in the labor force, (either working or actively seeking work), has sunk to a level not seen since the late 1970s Continue reading
Netherlands / Unskilled worst hit by unemployment
The rise in unemployment between 2008 and 2012 has hit the low-skilled much harder than people with college or university degrees, the national statistics office CBS said on Monday. In 2012, 8.8% of people with no or little further education were without work, up from 5.3% in 2008. But just 4.1% of people with a … Continue reading
General Motors (GM) / To cut jobs in south korea
Automaker General Motors Co. (GM: Quote) plans to cut jobs at its South Korean operations in the first quarter of next year ahead of the withdrawal of its Chevrolet brand in Europe, media reported Tuesday. GM Korea reportedly will implement a voluntary retirement scheme for about 6,000 office workers by the end of March, event … Continue reading
General Motors (GM) in US / $1.3 bln in investment will create or retain about 1,000 jobs
GM said the investment at the plants in Michigan, Ohio and Indiana will create or retain about 1,000 jobs combined, but did not say how many will be new jobs Continue reading
Child Labor in US / A report by the CRS
The history of child labor in America is long and, in some cases, unsavory. It dates back to the founding of the United States. Historically, except for the privileged few, most children worked— either for their parents or for an outside employer. Through the years, however, child labor practices have changed. So have the benefits … Continue reading
Unemployed Older Workers in US / One’s past hard work and successes can become the very thing that keeps one from finding a new job
There are currently more than 4 million Americans who have been unemployed for 27 weeks or more. This figure doesn’t include those who work part-time or on contracts — or those who, discouraged, have simply stopped trying. Many of them are older and well educated, and their situation doesn’t seem to be improving despite America’s slow … Continue reading
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