Job Market Monitor
Michel Cournoyer
The problem of tying education to jobs
If we compare the U.S. economy with other major capitalist economies, such as Germany or Sweden, we see stark differences in the link between education and the economy. Put simply, many European economies are characterized by higher degrees of coordination among the stakeholders than our economy is. This manifests itself in many ways, including the … Continue reading
Jamaica – Gov’t still looking at cutting 10,000 jobs
CABINET Secretary Ambassador Douglas Saunders says that the recent removal of 3,000 posts from the civil service establishment was a cleaning-up exercise which would not result in any savings in the current budget or affect the 10,000 jobs targeted under the previous Government. “The 3,000, as I understand it, represent posts that have been removed … Continue reading
America’s Aging Workforce
More older Americans want to work than ever before. There is no question that economic stresses have delayed retirement and driven older people to keep working. But there are other forces at work, and they’re part of a sustained change that’s been going on for more than 20 years. Last week’s strong employment report showed … Continue reading
NZ – Primary Teaching Graduates Told To Seek Jobs Overseas
Primary teaching students are being encouraged to leave New Zealand for overseas when they graduate because nationally only one in five will land jobs at home. Canterbury Primary Principals’ Association president John Bangma said the odds for Christchurch graduates were even worse than that. He advised Christchurch graduates to look for jobs elsewhere in New … Continue reading
HR professionals – 51 percent said more jobs have technical requirements today
According to nearly 4,700 human resource professionals across nine industries in a joint survey from the Society for Human Resource Management and Achieve, 51 percent said more jobs have technical requirements today and 46 percent said a higher education level is required for most jobs. If you’re thinking about you or your child’s future, when … Continue reading
UK – Migration of low-skilled workers is too high says Ed Miliband
The Labour leader, Ed Miliband, has claimed that migration of low-skilled workers into the UK is too high. Miliband, riding high after a widely-praised party conference speech calling for a return to “one nation” politics, rejected the government’s immigration caps as a solution because they did not cover workers arriving from the European Union. Instead … Continue reading
B.C – Coal mine’s temporary workers will be there for years
The hundreds of “temporary” foreign workers coming from China starting this autumn to work in northeastern B.C. coal mines will end up staying for years, if not decades, predicts the president of a B.C.-based employment agency. And some of them may end up getting ripped off and even going home in caskets if the B.C. … Continue reading
Skills Gap – Yes but Just Not Yet
A shortage of skilled manufacturing labor is on the way, says a new study by Boston Consulting Group. But, says the firm, it hasn’t arrived yet. Many factory managers claim they’re already suffering from a skills shortage. Sixty-seven percent of respondents reported a moderate to severe shortage of available qualified workers in a survey last … Continue reading
82 per cent of workers still believe a suit to work is seen as more professional
Professionals in suits are still perceived as being more ‘able’, despite the recent relaxation of dress codes across many areas of business, finds a study. Some 82 per cent of workers still believe they should dress to impress – with almost two thirds (65 per cent), stating they find it easier to respect a colleague … Continue reading
Resignation letter – What to Say When You Quit a Job
Your resignation letter and in-person conversations should contain as many of the following elements as possible. Thank You for the Opportunity. An expression of gratitude for the opportunity to grow in your current job or learn new skills. This might include a brief reference to specific skills or knowledge. Expressing thanks for the opportunity to … Continue reading
US – Jobless claims dropped because BLS omitted California
Besides the fact that most of the net new jobs created last month were part-time jobs, which isn’t a realistic gauge in measuring our recovery, the reason for the massive drop in jobless claims is because the BLS forgot to include California in their report. Henry Blodget at Business Insider reported that he “spoke to … Continue reading
Do Muslim immigrants really threaten the West?
VANCOUVER, BC, Oct. 14, 2012/ Troy Media/ – There has been no shortage of books about Muslims since September 11, 2001. Many of them have warned that recent waves of immigration have already turned countries such as France and Britain into “Eurabia.” On this side of the Atlantic, such migration is said to represent “medieval … Continue reading
Why Do Americans Work So Much More Than Europeans?
Americans now work 50 percent more than do the Germans, French, and Italians writes Edward C. Prescott Senior Monetary Adviser Research Department Federal Reserve Bank of Minneapolis. This was not the case in the early 1970s, when the Western Europeans worked more than Americans. His article examines the role of taxes in ac-counting for the … Continue reading
Job Polarization and Jobless Recoveries
Job polarization refers to the recent disappearance of employment in occupations in the middle of the skill distribution. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions, despite recoveries in aggregate output. We show how these two phenomena are related. First, job polarization is not a gradual process; essentially all of … Continue reading
Study – Older employees not crowding younger ones out of work
Despite conventional wisdom that older workers who are delaying retirement are squeezing younger employees out of a jobs, a new study found no support for that thinking – and even some evidence that the older workers maybe helping the next generation. “Our estimates show no evidence that increasing employment of older persons reduces the job … Continue reading
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