Michel Cournoyer

Will the jobless claims drop be followed by the unemployment rate ?

Applications have fluctuated between 360,000 and 390,000 since January. At the same time, employers have added an average of nearly 150,000 jobs a month. That’s barely enough to lower the unemployment rate, which has declined from 8.3 percent to 7.8 percent this year. Robert Kavcic, an economist at BMO Capital Markets, said jobless claims have struggled to fall … Continue reading →

UK – 1/4 of British babies are children of immigrants

There were 808,000 births in the UK last year, of which 196,000 were children born to non-UK born women – or 24 per cent. Data from the Office for National Statistics (ONS) shows there has been a steady increase in the number of children born to mothers who were born abroad since 2001, when the … Continue reading →

Women In Tech

Women-led companies have a higher percentage of women in senior management (24.3%) than the average representation of women in executive roles in peer companies (12.2%), according to a recent report by the Corporate Women Directors International. Think now about a recent study conducted on 1000 female executives reported only one in five women have a … Continue reading →

UPDATE – UBS – Job losses could reach 10,000

The bank will publish third-quarter figures on Tuesday and could concede that as many as 10,000 of its 60,000 staff will be shed in the coming years. UBS announced plans to cut 3,500 jobs to save £1.5bn just over a year ago. The changes are part of a strategy devised by the new management team … Continue reading →

UK – Unemployment has fallen and it will rise again soon

The most unexpected figures recently were the big drops in the UK’s headline unemployment number and rate. However, the way the Office for National Statistics (ONS) reports the numbers – as three-month rolling averages – doesn’t really help us understand what is happening. It turns out that this occurs because of concerns about the variability … Continue reading →

Canada – Employment Insurrance – New claims established after Sept. 15 are entitled to five fewer weeks of benefits

The Canadian government has quietly not renewed an employment insurance pilot program designed to benefit people across the country who live in regions with high unemployment. The Extended Employment Insurance Benefits Pilot Project provided an extra five weeks of benefits to people living in 21 designated regions across the country. The program was introduced in … Continue reading →

After A Job Interview – Mistakes to avoid

Whatever you feel about the experience, remember that the process isn’t finished yet. And even if you don’t want the job, you do want your reputation to be intact or, preferably, enhanced by the whole experience. So don’t blow it now. Here’s what to do: 1. Don’t waste people’s time if you lose interest in … Continue reading →

Tips – Job Interview From A College Professor

Here are five tips to improve your interviewing skills from one of these professors: 1. Know the company.  Know everything about the industry in which it competes.  Know its history, know how it operates presently, and if it’s publicly traded, know the stock price on the morning of the interview. 2. Know what the position … Continue reading →

Tips : Good interview will make your work shine

Pre-grad school gap year – Best Things To Do

Gap years are sometimes viewed as an excuse to be a couch potato for a year, but there are valuable learning opportunities. Some students work full-time in retail or restaurant businesses prior to graduate school. However, a year with few restraints, school responsibilities and loose city ties opens the door for endless adventures that will … Continue reading →

Great Recession – Only half of eligible unemployed Americans collected unemployment benefits

Only half of eligible unemployed Americans during the most recent recession actually collected unemployment benefits, according to a new analysis by the Federal Reserve Bank of St. Louis. And over the past 22 years, only one-third of those eligible for jobless benefits collected them on average. If everyone that qualified for unemployment benefits in 2009 … Continue reading →

Highly Educated – The Biggest Debt Problems

A new study finds that highly educated Americans were most likely to take on unmanageable debt in the pre-crisis years. What’s more, gross personal financial mismanagement occurred across the population and not just in the mortgage market and not just among the unsophisticated. The study draws a line at the point where monthly payment on household debt equals 40% … Continue reading →

España – El Desempleo – segundo trimestre – 25,02%.

La tasa de paro sube 38 centésimas respecto al segundo trimestre y se sitúa en el 25,02%. Por sexo, el desempleo crece en 9.500 en los hombres y en 75.500 en las mujeres. La tasa de paro masculina aumenta 11 centésimas hasta el 24,68%, mientras que la femenina sube Instituto Nacional de Estadística siete décimas y … Continue reading →

Spain – Job Crisis deepens as unemployment rate hits 25pc

Tens of thousands of jobs were lost between July and September raising the number of unemployed to 5.78 million people, Spain’s National Statistics Institute reported, a level unseen since the dictatorship of Francisco Franco ended in the mid-1970s. The number of Spanish households in which every member is out of work climbed to 1.74 million, … Continue reading →

Wisconsin – Backlog stalls unemployment benefit checks

More than 9,000 Wisconsin residents have not received any unemployment benefits for several weeks because of a backlog at the state Department of Workforce Development. The department’s backlog consists of 9,357 claims dating to late July. It could take as long as March to clear it up because each claim has to be reviewed and … Continue reading →