Job Market Monitor
Michel Cournoyer
Office of Management and Budget says high unemployment rates will last
The numbers that have the White House projecting an unemployment rate dipping below 8 percent before November still show the economy struggling to recover until well after the next presidential election, with rates not expected to stabilize to pre-recession levels until after the second term President Obama is hoping to win. Republicans quickly leapt on … Continue reading
US – Top 7 College Degrees to be Unemployed
Not all college degrees are created equal. This is according to a recent report by Georgetown University’s Center on Education and the Workforce. The major you choose could reduce your chances of being part of the latest unemployment statistic—or make you the newest member of the club. It would be in your best interest to … Continue reading
Black Unemployment Rate – Beyond 14.4 percent
The black unemployment rate stands currently at 14.4%. Blacks usually bare the burden of any increase in unemployment, as they are usually the first laid off as the economy sours and turns downward and are the last recalled as the economy turns upward. This to some extent is reflected in the current unemployment rate figures … Continue reading
South Africa – Unemployment rises to 25.2%
South Africa’s unemployment rate rose to 25.2% in the first quarter of 2012 compared to 23.9% in the fourth quarter of 2011, says Statistics South Africa (Stats SA). “Unemployment increased by 282 000 persons between the fourth quarter of 2011 and the first quarter of 2012,” Deputy Director General for Population and Social Statistics at … Continue reading
US Next President – Americans see Jobs as Top Priority
Creating good jobs, is the top priority for the Next President according to Gallup’s Survey. via Americans Want Next President to Prioritize Jobs, Corruption. Related articles President Obama on the Economy vs Golf US – A Very Bad Recovery – Worse Ever ? Obama Jobs Council – A Lot of Outsourcers US – 83% Negatively … Continue reading
UK – Going to bad universities to study subjects no employers want – Martin Stephen
Dr Martin Stephen was High Master of St Paul’s from 2004 to 2011. He was previously High Master of Manchester Grammar School and headmaster of The Perse School. Surprised to hear that more than 20,000 graduates from the year of 2011 were still unemployed six months after they graduated? We shouldn’t be. This is a full-scale … Continue reading
Spain – The Unemployment Rate at record level and over 70% for Youth under 20
Second quarter of 2012 – Main results Employment fell by 15,900 people (-0.09%) The number of unemployed grows by 53,500 people and reached the figure of 5,693,100 The unemployment rate increased to 24.63% The participation rate rises to 60.08%. The Unemployment rate for youth under 20 is over 70% (Freely Translated and adapted by Job Market monitor) … Continue reading
Unemployment Insurance Claims – Down to 353,000, bottom-near since April 2008 – But is it only volatility ?
Unemployment Insurance Weekly Claims Report In the week ending July 21, the advance figure for seasonally adjusted initial claims was 353,000, a decrease of 35,000 from the previous week’s revised figure of 388,000. The 4-week moving average was 367,250, a decrease of 8,750 from the previous week’s revised average of 376,000. The advance seasonally adjusted … Continue reading
GM – Investment in Oshawa facility would bring in 400 new workers
GM Canada is investing $850 million in research and development at its complex east of Toronto, an announcement hailed by the prime minister as proof of the automaker’s commitment to Canada, as it makes good on its bailout commitments, but regarded cautiously by auto workers. The investment Tuesday came on the same day a rival … Continue reading
Online ‘mood’ predicts unemployment spikes
SAS, UN discover that social media chatter can provide advanced warning of unemployment increases – and that’s just the tip of the iceberg “At a time when our need for policy agility has never been greater, our traditional 20th century tools for tracking international development cannot keep up. Too often, by the time we have … Continue reading
US – Federal Government – Fear hinders hiring people with disabilities
Fear is one of the biggest barriers to the federal government hiring more people with disabilities. That fear comes from managers not knowing how a person with disabilities can do their job — even if they are qualified, said Kathy Martinez, assistant secretary of Labor for the Office of Disability Employment Policy. “What happens when … Continue reading
Is Youth Unemployment Overstated ?
The economics profession is surprisingly bumbling when it comes to estimating unemployment levels, which adds greatly to the macroeconomic confusion since unemployment drives so much policy discussion and public debate today. For example, hardly a day goes by without a new headline screaming about the scandal of joblessness among young people, which has been … Continue reading
Gulf hit by high youth unemployment: Saudi Arabia unemployment among the 15-19 age group is 27.3%
Gulf oil producers have one of the lowest joblessness rates in the world but unemployment among nationals, mainly the youth, remain a problem because of their heavy reliance on expatriates, according to Saudi bank study. Unemployment among native citizens in the six-nation Gulf Cooperation Council (GCC), the richest in the Arab world, has remained far … Continue reading
US – Skills Gap a Myth?
A specter haunts the job market. You’ve witnessed it on the campaign trail. You’ve seen it on TV. It is the idea that the skills of U.S. workers don’t match the needs of the nation’s employers. This “skills mismatch” is routinely held up to explain why the unemployment rate is still at 8.2% three years … Continue reading
Boomers held 11.3 jobs from age 18 to age 46, nearly half of these jobs held from ages 18 to 24.
The average person born in the latter years of the baby boom (1957-1964) held 11.3 jobs from age 18 to age 46, according to the U.S. Bureau of Labor Statistics. Nearly half of these jobs were held from ages 18 to 24. These findings are from the National Longitudinal Survey of Youth 1979; a survey of 9,964 men … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 