Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

US / Adjusting to the ‘New Normal’ of Long-term High Unemployment

The problem now is that more than half the unemployed have been jobless for six months or longer Continue reading

Outokumpu / To cut 1,000 More Jobs

Outokumpu Oyj (OUT1V), the Finnish steelmaker that bought ThyssenKrupp AG (TKA)’s Inoxum unit last year, said it will dismiss 1,000 more employees in Europe to compensate for overcapacity amid a supply imbalance Continue reading

Merck / To cut 8,500 jobs

Merck & Co, taking a cue from rival drugmakers that have slashed research spending to bolster earnings, on Tuesday said it plans to cut annual operating costs by $2.5 billion and eliminate 8,500 jobs. Merck, whose shares rose 2.2 percent, said it aims to narrow its focus to products with the best chance of winning … Continue reading

US Government Shutdown / 80% Of Federal Employees Still at Work

They call it a “government shutdown.” But of about 4.1 million people who work for the federal government, about 80% will still be expected to show up for work. We still dont have an exact number of federal employees who wont be working in a shutdown, but most press reports have been pegging the number … Continue reading

HR Technology online (Infographic)

Here are some online sources in HR Continue reading

UK / Views on how should long-term unemployment be tackled?

How should long-term unemployment be tackled in UK ? Continue reading

Hays Global Skills Index 2013 / Labour markets efficiency is not directly related to the current state of the economy

The Hays Global Skills Index 2013 shows that structural factors have the greatest impact on the efficiency of the labour market Continue reading

US / Population Growth Does Not Equal Economic Growth writes Richard Florida

There is little, if any connection, between population growth and economic growth Continue reading

US / Stats on Workplace Learning

Although formal training accounts for only a small percentage of learning, unless noted specifically, the stats here relate to formal training, meaning that managed by a training department, usually through classes or online education (elearning) program Continue reading

Canada / The Jobs Data Mystery goes on (Well, we know that the LFS sample is small…)

Statistics Canada released payroll data Friday for the month of July, numbers that come nearly two months after the agency released the closely-watched labor force survey for that same month. Continue reading

Young and Jobless in Ontario / A report by Canadian Centre for Policy Alternatives

Five years after the global economic meltdown, youth employment levels remain significantly depressed, tracking much lower than the national average. Continue reading

US / economy, both salaries and the job market are improving for chemists

Reflecting the modest recovery in the U.S. economy, both salaries and the job market are improving for chemists, according to the latest figures compiled by the American Chemical Society. Continue reading

Canada Job Grant / There is no single, magic solution to skills needs across Canada” say the Provinces and Territories

“There is no single, magic solution to skills needs across Canada” writes the Forum of Labour Market Ministers in a position paper on to the Canada Job Grant proposal titled Building Skills Together Continue reading

Greece / Change in Mass Layoff Rules to come

The aim is to introduce measures which, in combination with the recent reforms, can contribute toward attracting investments and support job creation. Continue reading

Working Poor for Washington / Workers Protest Taxpayer-Funded ‘Poverty Jobs’

Close to 100 cleaning and concessions contract workers from various federal facilities in Washington walked off their jobs and marched to the White House to protest what they called taxpayer-funded “poverty jobs” Continue reading

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