Job Market Monitor
Michel Cournoyer
Green Skills and Battery Workforce in US – DOE and DOL Announce a Battery Workforce Initiative National Guideline Standards
The U.S. Department of Energy (DOE), in coordination with the U.S. Department of Labor (DOL), today announced the release of the Battery Workforce Initiative (BWI)’s National Guideline Standards for registered apprenticeships for battery machine operators. The DOL-certified guidelines, created in partnership with battery manufacturers, community colleges, and unions, lay out rigorous training requirements to support … Continue reading
Non-Permanent Residents (NPR) in Canada – Achieving a reduction with the Comprehensive Ranking System
Canada has in recent years witnessed an unprecedented and unsustainable surge in its non-permanent resident (NPR) population. In response, Minister of Immigration Marc Miller recently announced a target to cut the NPR population to five percent of the overall population in three years. While the government has multiple policy levers at its disposal to achieve … Continue reading
Recent College Graduates in US – Market outcome by major from The Federal Reserve Bank of New York
Data on labor market outcomes for new graduates and young workers. Chosen excerpts by Job Market Monitor. Read the whole story @ The Labor Market for Recent College Graduates – FEDERAL RESERVE BANK of NEW YORK
EDI in UK – New report seeks to end ineffective practices
The independent Inclusion at Work Panel has today published a report on the state of equality, diversity and inclusion (EDI) business practices in the UK. Expert panel sets out how employers can move beyond ineffective diversity and inclusion practices New research finds employers aren’t properly equipped to implement EDI policies that are based on evidence, … Continue reading
Occupational Licensing and Retirement in US – They are less likely to choose to change careers but more likely to reduce work hours in transitioning out of the workforce
Ways of leaving the labor force has been an understudied aspect of labor market outcomes. Labor market institutions such as occupational licensing may influence how individuals transition to retirement. When and how workers transition from career jobs to full retirement may contribute to pre- and post-retirement well-being. Previous investigations of retirement pathways focused on the … Continue reading
Non-Permanent Residents in Canada – The impacts of lowering the number
Federal government efforts to limit non-permanent resident arrivals will likely slow the pace of gross domestic product growth in 2025 and beyond. However, per-capita GDP, the unemployment rate, broader inflation pressures, and interest rate expectations should not be significantly impacted. Slower non-permanent resident arrivals result in an older Canadian population, lower labour force participation, and … Continue reading
South American Immigrants in US – A significant increase
Size of Immigrant Population over Time Since 1980, there has been a significant increase in the size of the U.S. South American immigrant population, although the rate of growth had slowed by nearly half as of 2022. The population grew by 85 percent between 1980 and 1990, and 86 percent between 1990 and 2000, but … Continue reading
Technologies – Will likely accelerate the de-routinization of work
Frontier technologies are likely to accelerate the de-routinization of work The rapid evolution of new technologies, particularly artificial intelligence (AI), has sparked questions about whether these emerging frontier technologies might increasingly substitute employees performing complex tasks. In contrast to such fears, a new IZA discussion paper by Melanie Arntz, Sabrina Genz, Terry Gregory, Florian Lehmer … Continue reading
Digital Skills Outlook (2024) – The most in-demand across all 15 countries is Microsoft Office, followed by Microsoft Excel and SAP applications
The digital revolution is affecting labour markets in profound ways, both in terms of specialised IT jobs where the constant emergence of new technologies guarantees change, and on a more general level, with most jobs now requiring competence in basic computer software. Research from the US-based National Skills Coalition suggested that 92% of jobs now … Continue reading
Immigration in US – Higher pace of employment growth without adding pressure to wages and price inflation
In this analysis, we consider recent immigration flows and their potential macroeconomic implications. Interpreting the current labor market requires understanding recent immigration: how many people arrived and how they engaged in the economy. Recent estimates from the Congressional Budget Office (CBO) suggest much higher rates of recent immigration than were previously projected. In 2019, CBO … Continue reading
Immigration and Housing Canada – Stabilizing it will take some steam out of demand, but the sector’s workforce is aging
Stabilizing immigration will take some steam out of demand The federal government is taking steps to reduce immigration, but the measures will not shrink housing demand. In November, it announced keeping the permanent immigration target in 2026 unchanged from 500,000 in 2025. This will still be up from the 2024 target level of 485,000. In … Continue reading
Teacher in US – Low job satisfaction and few are optimistic about the future
Public K-12 teachers express low job satisfaction and few are optimistic about the future of U.S. education. Public K-12 teachers are stressed about their jobs, and few are optimistic about the future of education. Fully 52% of public K-12 teachers say they would not advise a young person starting out today to become a teacher. … Continue reading
Median Wages in Canada (2022) – $45,380, down 1.6% from 2021 after adjusting for inflation
The Consumer Price Index rose 6.8% on an annual average basis in 2022, the largest increase in 40 years, taking an outsized bite out of real annual wages, salaries and commissions reported by tax filers in that year. In 2022, tax filers reported median wages of $45,380, down 1.6% from 2021 after adjusting for inflation. … Continue reading
Talent Funds – They can operate at the tech hub, city, state, or national level
Public talent investment funds (TFs) come with a clear business case for action: attracting and retaining top talent generates a substantial return on investment. TFs present a novel, actionable, and scalable solution that meets the size of the global talent shortage—the combined cost of which is in the trillions of dollars. Funds can be established … Continue reading
Emploi au Québec (mars 2024) – Le taux d’emploi a diminué de 0,9 point de pourcentage depuis 12 mois
L’emploi a reculé au Québec (-18 000; -0,4 %) en mars. Après avoir peu varié pendant cinq mois consécutifs, l’emploi au Québec a diminué de 18 000 (-0,4 %) en mars et le taux de chômage a progressé de 0,3 point de pourcentage pour atteindre 5,0 %. Près des deux tiers de la baisse de … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
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Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
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