Job Market Monitor
Michel Cournoyer
Germany / Gender Gap / Women Fill Mini-jobs
Women in West Germany work more low-paid mini-jobs – positions exempt from taxes and national insurance contributions with a monthly wage cap of €450 – than any other group in the country, according to the Hans-Böckler economic and social research institute. In some areas in North Rhine-Westphalia, Rhineland Palatinate and Lower Saxony mini-jobs make up … Continue reading
India / Unemployment Insurance / Uttarakhand removes the cap of one person per family
The Uttarakhand government today decided to liberalise norms for the unemployment allowance scheme in the face of stinging criticism from the opposition. The scheme, which was launched with much fanfare on November 9 last year, had failed to find favour with the jobless mainly due to its stringent norms. The scheme had covered only 834 … Continue reading
UK / University / Applications down since 2 years
University applications from UK students are down for the second year running, official figures show. Ucas admissions data from mid-December show applications from English students at their lowest since 2009. The trebling of maximum tuition fees saw a drop in applications for autumn 2012 but university leaders hoped demand would recover in 2013. A Ucas … Continue reading
US / Unemployment Benefits / An increase of 10,000: two out of three employment-related reports were positive
SEASONALLY ADJUSTED DATA In the week ending December 29, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 10,000 from the previous week’s revised figure of 362,000. The 4-week moving average was 360,000, an increase of 250 from the previous week’s revised average of 359,750. The advance seasonally adjusted insured unemployment rate was 2.5 percent … Continue reading
US / Proportion of Population With Job Improves in December finds Gallup
The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, was 44.4% for the month of December, a slight improvement over 43.7% in November. The current P2P rate still does not match the levels of employment seen in July through October, which exceeded 45% and were the highest since Gallup began tracking P2P … Continue reading
The Fiscal Cliff Deal and the ‘Safety Net’
The deal doesn’t include any explicit cuts to the social insurance or safety net programs that are dear to Democrats’ hearts. But somehow the party of Franklin Roosevelt and Lyndon Johnson forgot that spending has to be paid for. The ability of the federal government to protect its citizens against the risks of old age … Continue reading
Spain / Unemployment fell by 41,023 seasonally adjusted but surged by 426,364 over a year
The number of people registered as unemployed in Spain fell by 1.2pc in December to 4.85m – the first decline since July 2012, the country’s labour ministry said. The was the best December performance since records began in 1996, with young people, women and first-time workers benefiting the most. When seasonally adjusted, Spain’s jobless numbers … Continue reading
Top 1% Earners / In What Field Do They Majored In ?
According to the Census Bureau’s 2010 American Community Survey, the majors that give you the best chance of reaching the 1 percent are pre-med, economics, biochemistry, zoology and, yes, biology, in that order. Below is a chart showing the majors most likely to get into the 1 percent (excluding majors held by fewer than 50,000 … Continue reading
Unemployment needs city-specific solutions
Centre for Cities launches Cities Outlook 2012 today, which shows how cities are fairing against the backdrop of a sluggish national economy. This year the report focuses on unemployment in our largest urban areas. For this reason both the government and the work programme providers must take a varied response to the UK’s unemployment problem. … Continue reading
Ireland / Special Cabinet meeting on jobs and job creation
Enda Kenny has promised to aggressively tackle unemployment this year and has ordered each of his ministers to come up with individual employment targets. The Taoiseach said a special Cabinet meeting on jobs and job creation will be held later this month where each minister will be expected to outline their own specific job creation … Continue reading
Trucking / There are jobs but drivers find it tough
Longtime drivers are retiring, and shipping demand is growing. Yet it’s not easy to find people willing to embrace the solitude and separation from family that comes with driving a semitrailer truck across the country for a living. Long-haul truckers spend weeks on the road. They sleep in their cabs or strange beds, shower in … Continue reading
Almost 15% of activie American were unemployment some time during 2011
The “work-experience unemployment rate”—defined as the number of persons unemployed at some time during the year as a proportion of the number of persons who worked or looked for work during the year—was 14.9 percent in 2011, down from 15.9 percent in 2010. The work-experience unemployment rates for Whites (13.7 percent) and Hispanics (18.3 percent) … Continue reading
India / IT and Education Top the List of Job Creating Sectors
Amidst global financial crisis and sluggish economic growth that hampered the growth and employment opportunities in the country, there were few sunshine sectors that created huge job opportunities. Here is a list of such sunshine sectors in India that created new job opportunities in the year 2012, as reported by Anumeha Chaturvedi and Shreya Biswas on The … Continue reading
Fiscal Cliff / Avoided at What Cost?
Some thoughts on the new fiscal agreement: The economy needs a stimulus, but under the agreement, taxes will go up in 2013 relative to 2012 — not only on high-income households, as widely discussed, but also on every working man and woman in the country, via the end of the payroll tax cut. For most … Continue reading
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