Job Market Monitor
Michel Cournoyer
Gig Economy and Self-Employed in UK – For a new self-employment centres, a Minimum Income Guarantee and a parity of rights and social security
Empowering the self-employed workforce Self-employment has risen significantly over the past two decades. The Covid-19 pandemic has exposed the fragile nature of work for many people in the UK – and the self-employed workforce is no exception. In this report, we bring to the fore some of the shared challenges faced by self-employed people, especially … Continue reading
Future of Work in Ireland – Six groups with the largest number of persons employed whose jobs were at high risk of automation
The COVID-19 pandemic has triggered a seismic change in the way in which the labour market operates globally, with the fundamental relationship between the workplace and the workforce likely to be changed on a long-lasting basis. The future world of work, in particular at occupational level, should see a continued embracing of practices being utilised recently … Continue reading
Youth Guarantee in Australia – The National Youth Commission Australia (NYCA) lays out a framework of reforms
WHY THIS GUARANTEE? Many young people successfully navigate their way from education to employment and independence, but many get left behind. This Inquiry by the National Youth Commission Australia (NYCA) was prompted by our concern that an increasing number of young people are struggling to make this transition. It also addresses the lack of any … Continue reading
COVID, Labour Market Policy and Public Employment Services – A key part of the mix of policy responses
The COVID-19 pandemic has severely disrupted economies and labour markets in all world regions. Labour market programmes are a key part of the mix of policy responses that governments have put in place to protect jobs, enterprises and incomes from the fallout of the pandemic. As in previous crises, policy-makers in emerging and developed economies … Continue reading
Payroll employment in Canada (June 2020) – Up but still a decrease of 2.7 million (-15.7%) since February
The easing of COVID-19 restrictions is reflected in June payroll employmentThe number of employees receiving pay or benefits from their employer, measured in the SEPH as payroll employment, rose by 666,500 (+4.9%) in June. This followed three consecutive months of declines—March (-0.9 million), April (-1.9 million) and May (-0.5 million)—and brought the total payroll employment change since February to a decrease … Continue reading
UI Weekly Claims in US (week ending August 22) – Still over 1,000,000
In the week ending August 22, the advance figure for seasonally adjusted initial claims was 1,006,000, a decrease of 98,000 from the previous week’s revised level. The previous week’s level was revised down by 2,000 from 1,106,000 to 1,104,000. The 4-week moving average was 1,068,000, a decrease of 107,250 from the previous week’s revised average. … Continue reading
Longer-Run Goals of Monetary Policy in US – Including an “assessments of the shortfalls of employment from its maximum level”
Following an extensive review that included numerous public events across the country, the Federal Open Market Committee (FOMC) on Thursday announced the unanimous approval of updates to its Statement on Longer-Run Goals and Monetary Policy Strategy, which articulates its approach to monetary policy and serves as the foundation for its policy actions. The updates reflect … Continue reading
From Temporary Foreign Workers to Permanent Residents – The two step process presents both advantages and risks
In a two-step immigration selection process, temporary foreign workers are first selected by employers for a temporary job, and some qualified temporary foreign workers then become economic immigrants. The details of this selection process vary among countries. For example, in the US, the temporary workers are typically sponsored by the employers in their bid to … Continue reading
COVID and Furloughed Workers in UK – Millions have returned to work but …
This morning, HMRC published its latest round of statistics on the Coronavirus Job Retention Scheme (JRS). For the first time, we have a time series of the number of furloughed workers, as opposed to the cumulative total, meaning we can see how use of the scheme has evolved since the start of April. Here are … Continue reading
Skills Reform in Australia – An agreement
All jurisdictions have signed a Heads of Agreement for Skills Reform. The Agreement sets out immediate reforms to improve the Vocational Education and Training (VET) sector and an approach and priorities for developing a new National Skills Agreement to replace the National Agreement on Skills and Workforce Development. The priorities in the Agreement are aimed … Continue reading
Covid and Youth Unemployment in UK – Delivering an ‘opportunity guarantee’
We are facing the worst jobs crisis in a generation – with young people (18–24) set to be hit particularly hard. Covid-19 is first and foremost a health crisis, but it has increasingly morphed into an economic one as well. However, this will be fundamentally different to the 2008–9 crisis. In particular, it will result … Continue reading
Education – To what degree are labor market outcomes all set by the end of lower secondary school?
To what degree are labor market outcomes all set by the end of lower secondary school? Does GPA from lower secondary school predict earnings and employment status 13 years later, or do factors related to socio economic status (SES) and un- observable personality traits matter more? Across nations, large proportions of younger birth cohorts obtain … Continue reading
Covid and Jobs in Latin America and the Caribbean – 42.4% in sectors at high risk and 16.5% in sectors at medium-high risk
Employment Situation in Latin America and the Caribbean is a twice-yearly report prepared jointly by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Office for the Southern Cone of Latin America of the International Labour Organization (ILO). The coronavirus disease 2019 (COVID-19) pandemic hit Latin America … Continue reading
Earnings of Grads by detailed fields prior to COVID-19 in Canada – Three new studies
The COVID-19 lockdown has resulted in record youth unemployment rates, which could adversely affect postsecondary graduates for years to come. Although it is too early to know which graduates will be worst hit, students entering college or university and having to select a program might benefit from knowing how well graduates from specific academic disciplines fared … Continue reading
What’s Next in Canada ? Chrystia Freeland at TED Talk in 2013
Technology is advancing in leaps and bounds — and so is economic inequality, says writer Chrystia Freeland. In an impassioned talk, she charts the rise of a new class of plutocrats (those who are extremely powerful because they are extremely wealthy), and suggests that globalization and new technology are actually fueling, rather than closing, the … Continue reading
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