Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

US – 6.1 million workers were displaced from jobs they had held for at least 3 years

From January 2009 through December 2011, 6.1 million workers were displaced from jobs they had held for at least 3 years, the U.S. Bureau of Labor Statistics reported today. Highlights from the January 2012 survey: –In January 2012, 56 percent of the 6.1 million long-tenured displaced workers were reemployed, up from 49 percent for the prior survey in January … Continue reading

Psychology – Being Unemployment

What is often buried in the monthly unemployment numbers provided each month by the Bureau of Labor Statistics, is an understanding of the psychologically traumatic experience of involuntary job loss and ongoing unemployment. I argue that this experience is critical to understand because it can inform how hiring managers, human resource professionals, and small business … Continue reading

Unemployment Insurance Claims – Up from bottom-near since April 2008 to 372,000

Three weeks ago, claim were down to 353,000, at bottom-near since April 2008 and we have asked ‘But is it only volatility’ ? The answer is yes. But it could mean more… Not a good sign anyway. SEASONALLY ADJUSTED DATA In the week ending August 18, the advance figure for seasonally adjusted initial claims was 372,000, an … Continue reading

63% of “Generation Y” have a bachelor’s degree while jobs taken don’t require one

After four years of college, many graduates are ending up in jobs that only require the ability to operate a cash register with a smile. After commencement, a growing number young people say they have no choice but to take low-skilled jobs, according to a survey released this week. And while 63% of “Generation Y” workers — those … Continue reading

Mismatch across industries and occupations explains at most one-third of the total observed increase in the unemployment rate reveals a study by the Federal Reserve Bank of New York Study

“We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate” write Aysegul Sahin, Joseph Song, Giorgio Topa, and Giovanni L. Violante in Mismatch Unemployment on newyorkfed.org. How much did mismatch contribute to the dynamics of U.S. unemployment around the Great Recession? To address this question, we … Continue reading

Greece – 794,924 officially registered as unemployed @ state employment agency OAED

The number of people officially registered as unemployed increased by 1.59 percent in July, the state employment agency OAED announced. The agency recorded 794,924 people as jobless in July, six out of ten of whom are in the 30 to 54 year-old age bracket and 92.5 percent of whom are Greek nationals… via Unemployment register … Continue reading

Apple Stores Hiring Again – Six Tips

if you’ve ever been interested in a career in Apple retail, now is the time. With the iPhone 5 on the horizon, Apple will be looking to hire across the board within each store. If you’re looking for a job, be sure to rush to Apple’s site and apply. Apple’s hiring practice is a bit … Continue reading

Unemployment + Gasoline : A new misery index?

Those figures are then added together in the bar chart showing the 5 best and 5 worst. Are you surprised by any of the states listed in this new misery index? via Unemployment & Gasoline – Graphic of the Day | The Knowledge Effect.

Germany – Bosch – To shorten work hours

German industrial group Robert Bosch GmbH ROBG.UL is in talks with workers at its engineering unit, Bosch-Rexroth, to cut their work hours in response to weakening demand from industrial customers, a company spokesman said on Friday. Bosch-Rexroth is one of the world’s leading producers of drives, valves and control technologies, which are used in machine … Continue reading

Unemployment boom doesn’t threaten Russia, experts say: Voice of Russia

While unemployment rate is growing in Europe, Russia is experiencing a deficit of labor power. According to the latest estimations made by the All-Russian Center for the Study of Public Opinion, at present, there are fewer unemployed people in Russia than there were before the crisis of 2008. According to official data, 5% of Russia’s … Continue reading

Mining – Layoffs Looming

Twenty per cent of mining companies in Canada have already begun laying off employees this summer in a sector that has taken a recent beating in the markets. The good news for existing workers is that employment appears to be getting more stable, with 76 per cent of the 140 mining executives surveyed not considering … Continue reading

Middle East and North Africa – Bridging the Skills Gap

OFFICIALS hope a regional labour market study will help identify how to empower Bahrainis working in the private sector. Many are keen to bridge the gap between their qualifications and job requirements, according to the preliminary findings of a new research conducted by global human resources company Aon Hewitt. Said to be the largest study … Continue reading

OnLive – Massive layoffs

There have been tons of speculation within the gaming industry today on whether or not one of the pioneers of cloud gaming, OnLive, is shutting down. A writer from  Mashable claims they were contacted by a former OnLive employee who says that he and many others have recently been let go by the company and … Continue reading

China – Motorola employees protest layoffs

More than 100 employees of the Beijing branch of Motorola Mobility demonstrated in front of the company’s building on Friday, protesting massive staff cuts. Staff members of Motorola Mobility Holdings Inc in Beijing protest in front of the company’s office building on Friday demanding “consultation on an equal footing”. [Provided to China Daily] On Monday, … Continue reading

The 25 Best Blogs for Coping With Unemployment

Onlinecollege.org has published a list of the 25 Best Blogs for Coping With Unemployment If you’re unemployed, you should know that you’re not alone. Fellow unemployed individuals, job search resources, frugal living blogs, and even news sources all exist to help you get through this dark spot and on to gainful employment. We’ve compiled a … Continue reading

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