Job Market Monitor
Michel Cournoyer
Cleveland / The metro area that lost the most jobs in US for 4 months in a row
Four straight months and counting: Greater Cleveland yet again lost more jobs than any metro area in the country, the Labor Department reported Monday. In fact, the Cleveland-Elyria-Mentor metro area was the only one of the 37 large metro areas posting a decrease in employment between August 2012 and August 2013. Greater Cleveland lost 7,900 … Continue reading
Crowding out younger workers ? / Older workers do not squeeze out younger employees research finds
Despite popular belief and media reports, there\’s no evidence that older workers who stay on the job longer squeeze out opportunities for younger employees. That\’s the conclusion of a comprehensive analysis and paper prepared by the Center for Retirement Research (CRR) at Boston College. While there might be some instances of older employees crowding out … Continue reading
Rio Tinto / To outsource 700-800 jobs
Rio Tinto Ltd is expected to cut between 700 and 800 jobs globally as a result of a back-office outsourcing deal with IBM, according to The Australian Financial Review Continue reading
Canada’s Skills Gap / 88% of respondents ready to acquire new skills and 38% ready to relocate Hays finds
Canadian workers are beginning to respond to Canada’s well-known and continually growing talent shortage and skills mismatch by retraining themselves for in-demands jobs Continue reading
The hidden jobs market in Australia / At least 50% of jobs are not advertised
‘The hidden jobs market is big and very active in Australia. Many positions vacant are never advertised and are filled through informal or formal networks,’ said Nick Deligiannis, managing director of Hays in Australia and New Zealand. ‘The statistics vary, but the consensus seems to be that at least 50% of jobs are not advertised,’ … Continue reading
Sexual Activity and Wages / Those employees having sex more than four times a week receive highest wages
The outcomes suggested that wage returns to sexual activity are statistically significant higher for those between 26 and 50 years of age (I was afraid!) Continue reading
Swedes in German Apprenticeship / Students will be offered German language training in Sweden
“One of our problems last year was not that many Swedish students speak German,” Maja Erlbacher, an advisor with the European Employment Agency (EURES) Continue reading
Job Satisfaction / Only 13% motivated by the prospect of a bonus survey finds
But a good basic salary was deemed important, with 49% saying they were motivated by how much they were paid
Continue reading
India’s Gender Gap / Getting even at work
The fight to balance the boardroom may not have been won but quite a few Indian companies have been making strides towards a gender-balanced workforce Continue reading
Economics 101 / Unemployment stats aren’t working
The unemployment rate is the result of millions of individual stories of finding and losing jobs Continue reading
US / 48 percent of all public school children came from homes with incomes low enough to earn those students free or reduced lunches
A new study by the Southern Education Foundation has revealed that the number of low income students enrolled in schools has surged in recent years to new astronomical numbers Continue reading
US / Feds Who Received Unemployment During Shutdown Must Return Payments
Thousands of federal employees who received unemployment compensation while on furlough will have to return the payments Continue reading
Schooling and Education / Are children learning? In many cases, no says Lant Pritchett from Harvard’s Kennedy School
The average Haitian or Bangladeshi in 2010 had more years of schooling than the average French or Italian person did in 1960 Continue reading
UK / Record number in apprenticeships, but participation dips in under 19 age group
A record number of people – nearly 860,000 – were taking part in an apprenticeship in 2012/13, new figures show Continue reading
Canada’s Job Market / A virtual hotbed of contradictions
On the one hand, employers and their associations claim there is a labour shortage. Yet 1.3 million workers are officially unemployed Continue reading
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