Job Market Monitor
Michel Cournoyer
US / Those on Food Stamps Outnumber the Entire Population of Spain
47.7 million Americans are now on some form of food stamps. There are more individuals on food stamps in the U.S. economy than the entire population of Spain—46.17 million Continue reading
US / 36% ‘mal-employment’ rate for college grads
More than a third of recent college grads with jobs are working in positions that don’t require a degree. The “mal-employment” rate, and right now it tops 36% for college-educated workers under the age of 25. Continue reading
Direct Line to cut 2,000 jobs
Direct Line Insurance has said that it is planning to cut 2,000 UK jobs as it steps up plans to reduce costs. The firm announced in August 2012 plans to reduce gross annual costs by £100m a year, but now plans to save more than double this target. Continue reading
Canada / The number of people receiving regular Employment Insurance (EI) benefits in April virtually unchanged
Following a decline in March, the number of people receiving regular Employment Insurance (EI) benefits in April was virtually unchanged at 521,600. This follows a steady downward trend over the previous five months. Compared with a year earlier, the number of beneficiaries in April was down 4.7% Continue reading
US / Employment for scheduled passenger carriers in april was 9,495 fewer than a year ago
U.S. scheduled passenger airlines employed 380,748 workers in April 2013, 2.4 percent fewer than in April 2012, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today. April was the eighth consecutive month that full-time equivalent (FTE) employment for U.S. scheduled passenger carriers was below that of the same month of the previous year Continue reading
US / 2.1 million artists in the labor force: the National Statistics about Working Artists
What do we know about the 2.1 million artists in the United States’ labor force? To help answer that question, the NEA today released “Equal Opportunity Data Mining: National Statistics about Working Artists.” Continue reading
Soft skills tend to differentiate good college graduates from exceptional college graduates
Employers want graduates with so-called soft skills — those who can work well in teams, write and speak with clarity, adapt quickly to changes in technology and business conditions and interact with colleagues from different countries and cultures. “Soft skills tend to differentiate good college graduates from exceptional college graduates,” says Joseph Krok, university research liaison at Britain’s Rolls-Royce. Continue reading
Indonesia / Only 8% of Indonesians are college graduates
Only 8% of Indonesians are college graduates, according to Co-ordinating Minister for Economic Affairs Hatta Rajasa, quoted by Jaring News. “We can predict that in 2040 we will only reach a 20% level of college graduates,” Hatta told Khabar Southeast Asia. Continue reading
Canada’s Census / Statscan chief finds Canada’s first National Household Survey a “success,”
Canada’s first National Household Survey has been a “success,” and those who criticize the quality of its data are doing a “disservice to Canadians,” Statistics Canada’s chief statistician says. Continue reading
China / A Tough job market for Chinese college graduates
Although the job market in China is still much better than many other parts of the world, it is a tough market for graduates. Many job seekers have decided to shy away from the rat race and try other options. A record-high 6.99 million Chinese students are leaving universities in 2013, a 2.8 percent increase … Continue reading
Education stills matters finds OECD: Youth Unemployment rates are nearly three times higher among people without an upper secondary education
Unemployment rates are nearly three times higher among people without an upper secondary education (13% on average across OECD countries) than among those who have a tertiary education (5%). Continue reading
Poland / Unemployment rate falls to 13.5 per cent in May
Poland’s jobless rate fell to 13.5 per cent at the end of May from 14 per cent the previous month as warmer weather saw an increase in seasonal outdoor jobs. The Central Statistical Office said Tuesday that some 2.17 million people in this nation of 38 million were without a job in May. Experts say … Continue reading
Italy / A tax break package to fight youth unemployment
Italy will present emergency measures on Wednesday to try to tackle record-high youth unemployment, including tax breaks for companies that hire young people, Prime Minister Enrico Letta told parliament. Letta has repeatedly said getting young people into work will be the top priority of his fragile, right-left coalition and the package to be approved by … Continue reading
Netherlands / Fewer boys are grading
A generation ago men in higher education outnumbered women. Now the opposite is true. What happened? asks Jos Claessen. In the school year 2010/2011, 123,894 students attained a higher education degree (a higher vocational education bachelor or an academic bachelor or master). But this imposing figure hides a worrying imbalance between male and female graduates … Continue reading
UK / CBI fear skills shortage
There is a stubborn shortage in the skills the UK needs to remain competitive and fuel long-term growth, according to the annual CBI/Pearson Education and Skills survey published today. The key findings from the survey of 294 firms, employing 1.24 million workers show: • 39% are struggling to recruit workers with the advanced, technical STEM … Continue reading
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