Job Market Monitor
Michel Cournoyer
Canada – Via Rail cuts 200 union jobs
Via Rail expects to cut 200 unionized jobs, or about nine per cent of its workforce, as the government-owned passenger rail service reduces trips on lines across the country. No routes are being eliminated, and some in the busy Montreal-Toronto corridor will be increased. But by the end of October, routes in most other areas … Continue reading
Canada – 5,000 public servants learn their jobs are at risk – Politics – CBC News
More than 5,000 federal public servants were told today that their jobs are at risk of being eliminated and the unions say there is no doubt services to Canadians will be affected as a result. Human Resources and Skills Development Canada is the hardest hit in the latest announcements, with a total of 2,055 employees … Continue reading
India: Vocational training lost importance has led to the widening gap between supply and demand for skilled manpower across various industries
Although the field of education has made progress in the past ten years, this less regulated area of the education sector – vocational training— seems to have lost its importance. This has led to the widening gap between the supply and demand for skilled manpower across various industries. This shortage of skills has translated directly … Continue reading
OECD – United States: income support would provide much greater value to the unemployed if they were offered in tandem with a more active set of re-employment services
‘Although job creation has improved and the unemployment rate has come down from a high of 10.0% in October 2009, the effects of the recession on the labour market remain‘ writes, unsurprirsingly the OECD in Economic Survey of the United States 2012. (Adapted excerpts by JMM)
Neet – not in work or education – On the rise in UK
More of England’s teenagers are leaving education without a job, government statistics show. Annual figures show that last year 8.1% of 16 to 18-year-olds were not in education, employment or training (Neet). That is up from 7.5% in 2010. There was also a slight fall in in the proportion of teenagers in full-time education, which … Continue reading
Polish Unemployment: 12.6% In May
Poland’s jobless rate eased to 12.6% in May from 12.9% in April, the labor ministry said Wednesday. via Polish Unemployment Eases To 12.6% In May – Labor Ministry. — Unemployment Rate
Emerging market economies job market more robust
‘In the advanced economies, the first months of 2011 seemed to offer the beginnings of a self-sustaining recovery, a promise that turned out to be a false dawn’ write the Bank for international settlements. If both Advanced and Emerging Market Economies (AE and EME) job markets were hit by the Great Depression, the EME wre much more robust. This … Continue reading
The Unemployment Gap in Your Resume
The Gap. It is not just a store selling reasonably priced American apparel, but also a resume nuisance. Any recruiter will tell you that one of the first things they look for are any unexplained spaces in employment history. There are many reasons people need to take time off from employment, i.e. maternity/paternity leave, personal … Continue reading
Will the 15-hour week come as a consequence of unemployment ?
Machines were rapidly replacing human labour, holding out the prospect of vastly increased production at a fraction of the existing human effort. In fact, Keynes thought that by about now (the early twenty-first century) most people would have to work only 15 hours a week to produce all that they needed for subsistence and comfort. … Continue reading
Europe: Unemployment rate linked to rise in suicides
Soaring unemployment rates across Europe caused by economic policies are a ‘public health emergency’, doctors heard at a seminar on health inequalities. Former BMA president Professor Sir Michael Marmot, author of the Fair Society, Healthy Lives report, told an interactive symposium on social and health inequalities that for every 1 per cent rise in unemployment … Continue reading
The United States College Completion Imperative: How do you think a nation will get by in the 21st century ?
The United States used to lead the world in educational attainment. We now rank 16th. Our low college graduation rates are not keeping pace globally or meet workforce demands over the next decade-plus, and are creating serious economic problems today.
Reagan Added Public Sector Jobs During a Recession
This is a huge reason for the stubborn unemployment! President Obama doesn’t have the benefit of adding public workers to the payroll, like Reagan did. Lets start right at the top, the Federal level. Under Reagan, federal government employment increased by 100,000 from the middle of the 1982 recession until the 1984. via GOP Reality … Continue reading
United States has its own money, the dollar, while Spain operates on foreign money, the euro, why ?
Why can the U.S. government borrow at some of the lowest interest rates ever, while Spain can only borrow at exorbitant rates that threaten to drive it into bankruptcy? The difference isn’t their debt and deficits. In 2011, U.S. debt was 98% of GDP, its deficit 10% of GDP; Spanish debt was 69% of GDP, … Continue reading
Wage subsides for young workers brought forward in UK
Wage subsidies for firms hiring out of work 18 to 24-year-olds are to be triggered early in 20 deprived areas. Deputy Prime Minister Nick Clegg has announced that payments will be paid when young people have been out of work for six months instead of nine. The initiative is part of the government’s £1bn Youth … Continue reading
Long-term unemployed will begin seeing their federal jobless benefits disappear in at least 24 states
Many long-term unemployed will begin seeing their federal jobless benefits disappear starting this week. This round affects the jobless in at least 24 states, while all Americans will be affected in the fall.
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