Job Market Monitor
Michel Cournoyer
Job Report in Canada (July 2020) – Employment rose by 419,000 (+2.4%), within 1.3 million (-7.0%) of its pre-COVID February level
Employment continues to rebound in July From February to April, 5.5 million Canadian workers were affected by the COVID-19 economic shutdown. This included a drop in employment of 3.0 million and a COVID-related increase in absences from work of 2.5 million. Employment rose by 419,000 (+2.4%) in July, compared with 953,000 (+5.8%) in June. Combined with gains of 290,000 in May, this brought employment to within 1.3 million (-7.0%) of … Continue reading
Job Report in US (July 2020) – Employment rose by 1.8 million and the unemployment rate fell to 10.2 percent, up by 6.7 percentage points since February
Total nonfarm payroll employment rose by 1.8 million in July, and the unemployment rate fell to 10.2 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In … Continue reading
L’Emploi au Québec, juillet 2020 – Hausse de 98 000 (+2,4 %), le ramenant à 94,4 % de son niveau observé avant la COVID-19
L’emploi au Québec a augmenté de 98 000 (+2,4 %) en juillet; cette augmentation s’ajoute aux hausses observées au cours des deux mois précédents et ramène l’emploi à 94,4 % de son niveau observé avant la COVID-19. La hausse de l’emploi observée en juillet est entièrement survenue dans le travail à temps partiel. Le taux de chômage a reculé de 1,2 point de … Continue reading
COVID, Reskilling and Upskilling – 42% of companies stepped up their investment while 42% of employees have pursued training on their own after the coronavirus outbreak
Employee reskilling and upskilling training is in the spotlight. Learn how and why companies reskill and upskill their workforce and what employees think. In late 2019, the World Economic Forum issued an alert. Lack of skills was keeping CEOs awake at night. The only way to bridge the skills gap is through upskilling or reskilling … Continue reading
Global Perspective on Home Working – In low-income countries, only one of every 26 jobs can be done from home
This paper presents new estimates of the share of jobs that can be performed from home. The analysis is based on the task content of occupations, their information and communications technology requirements, and the availability of internet access by country and income groupings. Globally, one of every five jobs can be performed from home. The … Continue reading
Skills and Wages – Employment has primarily increased in occupations where workers have larger-than-average endowments of verbal and technical abilities and social maturity
Abstract Using very detailed register data on cognitive abilities and productive personality traits for nearly all Swedish males at age 18, we show that employment in the recent past has shifted towards skill-intensive occupations. Employment growth is monotonically skill biased in relation to this set of general-purpose transferable skills, despite the well-known U-shaped (”polarizing”) relationship … Continue reading
Open Badges and Open Microcredentials – A guide to get started
This article is intended as a practical resource to help interested organizations design and implement an open badging system. Open badges are a type of open credential designed to recognize a variety of skills, knowledge, and experiences, both inside and outside of traditional educational settings. While growing in popularity, common questions asked by those interested … Continue reading
Immigration au Québec – La Province n’est pas suffisamment compétitive pour les talents et les entreprises à forte valeur ajoutée selon l’OCDE
L’attractivité du Québec auprès des migrants repose à la fois sur les politiques d’intégration au marché du travail et sur la nature des opportunités d’emploi. Ce rapport présente une analyse des enjeux liés à l’intégration des migrants au niveau local et propose des exemples de bonnes pratiques mises en place dans d’autres régions de l’OCDE. … Continue reading
Covid and Women’s Labour Force Participation in Canada – Pandemic threatens decades of gains
COVID downturn sees job losses eclipse those of any other recession Canada has been roiled by a recession unlike any other – one distinguished not just by the overall magnitude of damage it has inflicted on the economy but by the specific, unprecedented blow it has dealt to women. In a matter of months, the … Continue reading
Covid and High School and Postsecondary Graduates in Canada – They could lose $25,000 or more over the next 5 years
Graduates could lose $25,000 or more over the next 5 years if the labour market does not improve soon If the youth unemployment remains close to its June rate of 27.5% for the remainder of the year, this year’s graduates could lose $25,000 or more during the next 5 years compared to what previous graduates … Continue reading
Métiers Émergents ou en Forte Évolution en France – La liste des 23 métiers retenus
La liste des métiers en particulière évolution ou en émergence enrichie par six nouveaux métiers au titre de 2020. Sur la base de cette liste, les certificateurs bénéficient ainsi d’une procédure simplifiée d’enregistrement au RNCP (Répertoire national des certifications professionnelles). Les métiers identifiés comme émergents ou en particulière évolution permettent de répondre aux besoins en … Continue reading
COVID in Canada – The impact on manufacturing
The COVID-19 pandemic and resulting measures to prevent its spread (social distancing, travel restrictions, school and business closures) have led to unprecedented job loss and economic upheaval across Canada. Data from the Labour Force Survey (LFS) confirm that the economic impact of this health crisis affects different sectors in unique ways. Previous LMI Insight Reports … Continue reading
Tips for Transitioning Back Into the Workplace
Guess post by Jessica Larson – The pandemic brought our economy and our entire lives to a screeching halt. People in many professions had to start working from home to slow the spread of the disease as medical professionals raced to understand it. We’re nowhere near being out of the woods, but many companies are … Continue reading
Working from Home in UK – Major contributors include technological advancements and the world’s ageing population
The coronavirus outbreak has thrown a sharp spotlight on homeworking, as many organisations and their employees turn to this as a way to maintain operations at this time. Current circumstances aside, enabling employees to work from home has many benefits. As a key component of flexible working, it helps organisations attract top talent, increase diversity … Continue reading
Population Ageing – Alternative measures of dependency and implications for the future of work
The world’s population is getting older, a phenomenon that has important implications for the future of work. Persons aged 55 years and over are expected to outnumber all children aged 0 to 14 years by 2035 and the entire child and youth population aged 0 to 24 years by 2080. As a direct consequence of … Continue reading
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