Job Market Monitor
Michel Cournoyer
LinkedIn / Your Profile When You’re Unemployed
This may sound odd, but if you’re unemployed, you actually have BETTER opportunities to promote yourself on LinkedIn than other users. Openly displaying your personal brand and skills is simpler than fretting over the possibility that your boss is reviewing your Profile changes with suspicion. Still, marketing yourself on LinkedIn when you’re openly seeking a … Continue reading
UK / The gap between our underemployment index and the unemployment rate is widening
Official unemployment figures are disguising the fact that a significant number of people who are in both full time and part time work are not able to work longer hours even though they want to, a report published on Thursday suggests. According to an analysis carried out for the National Institute of Economic and Social … Continue reading
UK / Double-dip recession could have been a ‘statistical error’
Office for National Statistics says that the trend in economic output was ‘best described as flat’ Real GDP in UK recessions. Source: ONS The Office for National Statistics has paved the way for erasing Britain’s double-dip recession from the history books, arguing in an article on Wednesday that the state of the economy since autumn … Continue reading
US / Job creation remains much better this year that it was in 2009, 2010, and 2011 finds Gallup
Job creation, according to American workers’ reports, remains much better this year that it was in 2009, 2010, and 2011. But, reports of hiring have been stuck in the low to mid-30% range for some time. This is partly due to lower levels of government hiring. Nongovernment workers continue to report slightly higher levels of … Continue reading
I call on politicians to make every effort to relaunch the labour market says Pope Francis
Pope Francis on Wednesday urged political leaders to make every effort to create jobs and said unemployment was caused by economic thinking “outside the bounds of social justice.” “I call on politicians to make every effort to relaunch the labour market,” the pope told thousands of followers at his weekly general audience in St Peter’s … Continue reading
US / 41% of college grads overqualified for what they do
College just isn’t worth what it used to be. A survey out Tuesday found that 41% of college graduates from the last two years are stuck in jobs that don’t require a degree. Consulting firm Accenture talked to 1,005 students who graduated from college in 2011 and 2012 and haven’t returned to graduate school. In … Continue reading
May Day in Europe / Thousands rally against austerity
Trains and ferries were canceled and hospital staff walked off the job in Greece on Wednesday and thousands were due to demonstrate across Spain as May Day triggered protests against harsh government spending cuts. Separately, Turkish riot police fired water cannon and tear gas to disperse crowds gathering in central Istanbul for a rally on … Continue reading
Good International Workers’ Day
International Workers’ Day is the commemoration of the 1886 Haymarket affair in Chicago. The police were trying to disperse a public assembly during a general strike for the eight-hour workday, when an unidentified person threw a bomb at them. The police reacted by firing on the workers, killing four demonstrators. “Reliable witnesses testified that all … Continue reading
UK / The myths about redundancy rights
Employees have a number of rights when employers try to wield the axe, but many are not entirely clear about what they are entitled to when threatened with redundancy. As a result, myths abound. Here are some common misconceptions and the truth behind them. Myth I will get a reference when I leave. Reality There … Continue reading
Canada’s Parents / Education to fill “skills gap” is risky
Employers say they can’t find workers for the jobs they do have, while our unemployment rate is not returning to pre-recessionary levels. We were curious about whether parents are paying attention to the debate on the “skills gap” and advising their children to think about the skilled trades or science careers. So we asked the … Continue reading
Tennessee / Mass layoff rapid response team axed
Tennessee labor officials are shutting down a federally funded rapid response team that had been used to provide quick assistance to employees caught in the midst of mass layoffs across the state. The elimination of the unit, which had been in operation for about a decade, comes despite the strong protest of some members of … Continue reading
France / A law against industrial closures
The bill being presented is the fruit of repeated promises to pass a law to bar firms from shutting factories, as a stream of industrial layoffs has pushed jobless claims to an all-time high. Companies that shut down viable industrial sites in France rather than selling them could be fined if draft legislation by lawmakers … Continue reading
UK / Health reform redundancy count tops 10,000
More than 10,000 NHS staff have been made redundant in the past three financial years as a result of the government’s commissioning reforms, according to official figures. New information was published by the Department of Health on Tuesday in its final “people tracker” document, which collects workforce information on the reform transition. It also reveals … Continue reading
Merkel / The goal is not deficit or growth numbers but to get people back to work she says
German Chancellor Angela Merkel said at a joint news conference with her Italian counterpart that Europe must find ways to create jobs and spur investment. “Fiscal policy is not everything, of course. We do politics for people and people want jobs, which is why Europe has to manage to create employment and encourage investment and … Continue reading
Massive Open Online Courses / An Initiative to Train Ten Million Skilled Workers by 2020
According to McKinsey Global Institute, June 2012, World at Work, Jobs, Pay and Skills for 3.5 Billion People, projections indicate that by 2020 there will be over 85,000,000 unfilled skilled jobs with an unemployed workforce exceeding 95,000,000 potential employees without the skills required to fill those jobs. MOOCDOM offers employers the ability to create customized … Continue reading
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