Job Market Monitor
Michel Cournoyer
EU / Government books are closer to being balanced, but mass unemployment seems to be there to stay
Most government books are closer to being balanced. Budget deficits will shrink below the 3 percent limit in the Stability and Growth Pact, while the commission estimates that the eurozone will run a current account surplus of over 2 percent in 2014. The commission also expects Spain to run a current account surplus in 2013. … Continue reading
HR / A good interview question to ask every applicant
Nick Corcodilos started headhunting in Silicon Valley in 1979, and has answered over 30,000 questions from the Ask The Headhuntercommunity over the past decade. In this special Making Sense edition of Ask The Headhunter, Nick shares insider advice and contrarian methods about winning and keeping the right job, on one condition: that you, dear Making Sense reader, send … Continue reading
US / 54 percent support minimum wage increase
A new Rasmussen poll indicates that 54 percent of Americans favor raising the Minimum Wage from $7.25 to $9 an hour, as the president proposed in his State of the Union address last week. “Most voters don’t think the minimum wage is enough to live on, and support President Obama’s proposal to raise it from … Continue reading
Germany / Toward a Minimum Wage ?
Opposition parties in Germany are preparing to introduce a draft law on a minimum wage to the Bundesrat upper house on March 1, a newspaper reported on Thursday, raising the pressure on Chancellor Angela Merkel on the issue. Germany is one of only a few countries in Europe with no mandatory, across-the-board minimum wage and … Continue reading
US / Minimum Wage / Would be $16.50 an hour — $33,000 a year — if it had kept up with the growth of productivity since 1968
You may have seen charts like the one to the right from the Economic Policy Institute, showing how working people’s wages stopped going up along with productivity gains. This means the gains went…somewhere else. See if you can guess who got them? (Hint: it’s the 1 percent; this is one driver of the terrible income and … Continue reading
Canada / High-skilled jobs in Canada have experienced a notable increase in relative share says TD
The issue of job-market “polarization” has captured significant attention in the U.S. and other ad- vanced economies in recent years. This longer-term trend has been characterized by the relative decline of medium-skilled, medium-paid jobs against a backdrop of growing opportunities for both highly-skilled, highly-paid and low-skilled, low-paid employment. Indeed, a 2011 report by TD Economics … Continue reading
Chicago / Steep decline in R&D spending costs job
The Chicago region has experienced a steep decline in private research and development spending over the last decade, according to a report released Tuesday by the Chicago Metropolitan Agency for Planning. In reducing R&D spending and jobs from firms that focus on innovation, the region has lost ground to San Diego, Boston, Silicon Valley and … Continue reading
US / Hiring / The Big Banks Are The Most Active Right Now
Though unemployment rates are slowly improving, plenty of recession-weary businesses remain hesitant to expand their payrolls. But as tough as times still are for job seekers and employers alike, signs of recovery keep popping up in the financial services industry—particularly at the big banks. Some of America’s largest banks are looking to fill hundreds of … Continue reading
Wage gaps / Destroy employee morale and productivity
Research has long cited the ongoing gap that exists between the wages of men and women, and those of immigrants and native Canadians. The context for the debate tends to revolve around the valid and omnipresent issue of discrimination, but rarely is the economic impact of the wage gap emphasized — a significant oversight given … Continue reading
UK / NHS nursing posts / 12,000 to go says Labour
Thousands of NHS nursing posts could be lost in the next two years, the shadow Health Secretary has warned. Labour’s Andy Burnham said the health service would lose 12,000 nurses while the Coalition was in power if the current rate of loss continued. Mr Burnham said there was new evidence that NHS trusts were meeting … Continue reading
JPMorgan / 4,000 jobs to be cut
JPMorgan is trimming about 4,000 jobs, or about 1.5 percent of its work force, becoming the latest big bank to shrink its staff. The bank said the cuts will be focused in consumer banking and mortgages. Many of the cuts would come through attrition, but the bank will lay off workers as well, a bank … Continue reading
Quebec / The Summit on Higher Education: The losers are youth holders of vocational and technical degrees
Quebec / The Summit on Higher Education: The losers are youth holders of vocational and technical degrees
The Obsession with Growth Rates
For progressives, the economy of the mid-20th century constitutes a kind of paradise lost. Between 1947 and 1973, mean family income doubled, rising as much among the poor as among the rich. By contrast, from 1973 to 2007, income growth was half as great. While growth was less equally distributed than in the earlier “Golden … Continue reading
Job Search / Do Women Have An Edge In It ?
Lately, I’ve been thinking about the issue of gender stereotyping when it comes to job hunting. It’s totally un-PC to say that women are better at making personal connections than men, but that’s exactly what Sam Pease, a vice president at the Boston career-coaching and job search firm, New Directions, told me when I asked … Continue reading
Denmark / A massive increase in highly skilled foreign workers
Denmark has seen a massive increase in highly skilled foreign workers in recent years, a new report has shown. According to fresh figures from the Danish Immigration Service (Udlændingestyrelsen), the number of educated people immigrating to Denmark from abroad has increase five-fold in the last two decades. Only 3,000 skilled non-EU foreigners entered the country for … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 