Job Market Monitor
Michel Cournoyer
Monetary and fiscal policies will never suffice to reduce long-term unemployment
One of the main policies to reduce long-term unemployment is an active labor market policy. The OECD publishes each year data on Government investments in labor market programs like training and wage subsidies.
Gemany and the Scandinavian countries are champions of active labor market policies. This is well known. But, less known is the fact that the US are not. US investment in active labor market programs before the Great recession wasbelow the OECD average, nearly 4 times lower: 0.13% of GDP vs 0.48%.
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California – Farm-labor abuse still a reality
One morning earlier this year, in the borderland town of Brawley, California, 75-year-old Ignacio Villalobos perched on a chair in his trailer, removed a plastic bag from the well of a rubber boot, and finished dressing for work. Dawn was still an hour away, and in the wan light of the kitchen, Villalobos took off … Continue reading
Taiwan – Hiring strongest in the world
Demands for workers by Taiwan employers in the fourth quarter are the strongest in the world, according to a survey by the Manpower Group released yesterday. The survey found 38 percent of Taiwan employers plan to hire in the October-December period. After seasonal adjustment, the figure translated into a fourth-quarter employment outlook index of 32 … Continue reading
India – To go slow on hiring
The hiring pace across Indian companies is likely to slow down noticeably in the coming quarter according to a report released by a global recruitment firm on Tuesday. The fourth-quarter trends reveal that the uncertainty in the global markets-particularly in Europe-as well as signals of slowdown in India, mainland China and Brazil, are contributing to … Continue reading
US – Latino Immigrants as Job Creators
CFR’s Renewing America initiative just released a new report by Alexandra Starr, a fellow at the New America Foundation, titled “Latino Immigrant Entrepreneurs: How to Capitalize on Their Economic Potential.” Through statistics and personal stories, the report explores Latino immigrant entrepreneurs’ growing contributions to the U.S. economy. Contrary to many who assume Latino immigrants just … Continue reading
Canada – Why the labour market is already back to normal
The Labour Force Survey release for August was typical of LFS releases since the recession ended three years ago: modestly good news, but not enough to put a serious dent in the unemployment rate. When will things get back to normal? The answer is “things are already back to normal.” Canadian unemployment rates simply don’t … Continue reading
Transat increases temporary layoffs
Transat increases temporary layoffs amid capacity cuts to improve profits. By Ross Marowits, The Canadian Press | September 13, 2012. Email. MONTREAL – Transat AT is set to temporarily lay off more than twice the number of pilots and flight attendants … http://www.canadianbusiness.com/article/98430–transat-increases-temporary-layoffs-amid-capacity-cuts-to-improve-profits
US – Children of immigrants come out ahead
Children of immigrants are outperforming children whose family trees have deeper roots in the United States, learning more in school and then making smoother transitions into adulthood, according to sociologists at The Johns Hopkins University. Researchers Lingxin Hao and Han S. Woo tracked nearly 11,000 children from as young as age 13 into their early … Continue reading
EU – The Employment Crisis – a New Brussels’ Priority
“The persistently worsening employment situation represents the biggest worry of European citizens and governments today, as well as a threat to Europe’s medium-to-long term stability, competitiveness and prosperity. Between 2008 and mid-2012, the EU27 … http://www.euinside.eu/en/news/eu-globalisation-fund-success
MANAGING SKILLED ECONOMIC MIGRATION IN EUROPE
Immigration has turned into a politically sensitive issue in almost all of the economically developed receiving states. Particularly in Europe, this situation has led to the replacement of post-war laissez-faire approaches to labour migration with tighter policies in a number of countries, influencing also the entry conditions of high-skilled migrants from the third countries in … Continue reading
The postindustrial employment problem and active labour market policy
Employment problems change over time. In the aftermath of the oil shocks of the 1970s, unemployment concerned mostly industrial workers who were laid off by restructuring industries write Giuliano Bonoli and Quartier Unil Mouline in The postindustrial employment problem and active labour market policy. Since the mid-1990s, however, industrial restructuring is less of an issue … Continue reading
Implications of EU Enlargement for India-EU Labour Mobility
1 May, 2004 marked the fifth and the largest European Union enlargement, with accessions for 10 countries, eight of which were Eastern European. Following this, another round of enlargement took place in 2007, which gave Bulgaria and Romania EU member status. –The introduction of these new States to the EU opened up a whole new … Continue reading
Where to Get the Best Free Education Online
You won’t really notice much of a difference between sitting in front of a screen watching a lecture and sitting in on a lecture in person—apart from the fact that if you do have a burning question, you can’t raise your hand to get it answered. These video sites host lectures and full courses from … Continue reading
The art of the interview – Video on TED.com
Marc Pachter has conducted live interviews with some of the most intriguing characters in recent American history as part of a remarkable series created for the Smithsonian’s National Portrait Gallery. He reveals the secret to a great interview and shares extraordinary stories of talking with Steve Martin, Clare Booth Luce and more. http://www.ted.com/talks/marc_pachter_the_art_of_the_interview.html
Social Media Job Hunting Tips for Recent Graduates
The day you officially don the cap and gown of graduation marks the start of a new journey into the “real world.” But, before you begin that job hunt, some proverbial “housekeeping” is in order to ensure that you put your best foot forward. College professors and mentors teach resume preparation and interview acumen, but … Continue reading
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Job Market Monitor 