Job Market Monitor
Michel Cournoyer
Skills vs College Degree in US – Some 36 million Americans have some college education, but no credential
Americans without a degree have the skills and knowledge to thrive in higher wage jobs. And jobs that don’t require college can offer a less expensive, shorter pathway to a good career, oftentimes with a higher starting salary. They are often “stackable,” allowing workers to layer new skills and credentials by weaving work with learning … Continue reading
COVID au Québec – Une surmortalité observée
La COVID-19 continue d’avoir des répercussions sans précédent sur les Canadiens. Statistique Canada a adopté, et continue d’adopter, de nouvelles façons de travailler afin de fournir aux Canadiens les données et les renseignements dont ils ont besoin pour réagir à la COVID-19. Pour continuer de répondre aux besoins en matière de renseignements plus actuels, un ensemble … Continue reading
UI Weekly Claims in US (week ending June 13) – 1,508,000, a decrease of 58,000 from the previous week’s revised level, 29.1 million receiving benefits was as of May 30
Unemployment Insurance Weekly Claims ReportIn the week ending June 13, the advance figure for seasonally adjusted initial claims was 1,508,000, a decrease of 58,000 from the previous week’s revised level. The previous week’s level was revised up by 24,000 from 1,542,000 to 1,566,000. The 4-week moving average was 1,773,500, a decrease of 234,500 from the … Continue reading
UI Weekly Claims in US (week ending June 6) – 1,542,000, a decrease of 355,000 from the previous week’s revised level with a total of 44,2M for the lockdown
Unemployment Insurance Weekly Claims Report In the week ending June 6, the advance figure for seasonally adjusted initial claims was 1,542,000, a decrease of 355,000 from the previous week’s revised level. The previous week’s level was revised up by 20,000 from 1,877,000 to 1,897,000. The 4-week moving average was 2,002,000, a decrease of 286,250 from … Continue reading
Covid and OECD Economic Outlook for Canada – Annual output is projected to shrink by 9.4% in 2020
Annual output is projected to shrink by 9.4% in 2020 in the event of a second virus outbreak and related shutdown, and by 8% if recovery is uninterrupted. The rebound will not be dynamic enough for output to attain pre-COVID-19 levels by the end of 2021 under either scenario. Similarly, the rate of unemployment will … Continue reading
COVID and the Global Economy – The worst recession since World War II with a drop 5.2% this year says the World Bank
World Bank Global Economic Prospects forecasts say global economy will shrink 5.2% this year, using market exchange rate weights. The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a severe contraction. According to World Bank forecasts, the global economy will shrink by 5.2% … Continue reading
COVID, la Reprise de l’Emploi – Pour une politique nationale de capital humain en passant de la consultation à la concertation
Une des choses que je retiens dans les papiers que vous allez publier, c’est que les gouvernements ne pourront pas éternellement soutenir tout le monde. Mieux vaut investir que soutenir. Qu’entendez-vous par là? Tous ces programmes qui ont été mis en place, c’était justifié, c’était nécessaire. Mais on ne peut pas soutenir l’économie et les … Continue reading
COVID and TVET Systems – Can play a critical role in the different stages
This note focuses on the role of Technical and Vocational Education and Training (TVET) in the response to the COVID-19 pandemic. It provides guidance on reducing the adverse impact of the pandemic on TVET provision and enhancing the contribution TVET can make to mitigating the health, social, and economic impact of COVID-19. Main messages: 1. … Continue reading
How Much do Grads Make in Canada – Vary widely by field of study with the top fields earning between 40% and 60% more
Five years after gradation, earnings vary widely by field of study within credentials, with the top fields earning between 40% and 60% more than graduates from fields with the lowest earnings. On average, graduates in Architecture, engineering and related technologies earn the most among college-level certificate, college-level diploma and bachelor’s degree students five years after graduation … Continue reading
Subsidized Employment Programs for Disadvantaged in US – Pattern of results makes it difficult to draw firm conclusions about which type of program works best, and for whom
Even in a strong economy, some job seekers struggle to find and keep jobs. These individuals often have limited work experience, few educational credentials and job skills, and other characteristics such as criminal records or primary caretaking responsibilities that make it difficult for them to compete in the labor market. For decades, government entities, private … Continue reading
Job Report in Canada, May 2020 – Employment rebounds and absences from work drop and unemployment reaches record
Employment rebounds and absences from work drop 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-19-related increase in absences from work of 2.5 million. In May, employment rose by 290,000 (+1.8%), while the number of people who … Continue reading
Formations au dialogue Social en France – Déjà plus de 100 organismes
L’INTEFP s’est vu confier la mission de créer un nouveau dispositif visant à promouvoir et développer les pratiques du dialogue social dans les entreprises, à travers le déploiement de formations communes. L’article 33 de la loi du 8 août 2016, dite loi El Khomri, a inscrit dans le code du travail le concept de formations … Continue reading
COVID en France – Formations des chômeurs durant le confinement maintenues pour 2/3
Entre le 8 et le 25 avril 2020, la Dares a sollicité les demandeurs d’emploi en formation pour recueillir leurs avis sur le déroulement des formations durant la crise sanitaire du coronavirus. L’enquête a été menée via un questionnaire en ligne et une interview téléphonique, en cas d’absence de réponse en ligne. Ainsi, 5 600 … Continue reading
Job Report in US (May 2020) – Employment rose by 2.5 million and unemployment declined to 13.3%
Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In … Continue reading
L’emploi au Québec, mai 2020 – L’emploi bondit et le chômage atteint 13,7%
Le Québec est à l’origine de près de 80 % de la croissance totale de l’emploi observée en mai D’avril à mai, l’emploi au Québec a progressé de 231 000 (+6,5 %) et la proportion de travailleurs qui ont travaillé moins de la moitié de leurs heures de travail habituelles pour des raisons liées à … Continue reading
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