Job Market Monitor
Michel Cournoyer
COVID and Labor Market in US – CBO’s Projections : a loss of nearly 27 million jobs and 8 million exits from the labor force
CBO has developed preliminary projections of key economic variables through the end of calendar year 2021, based on information about the economy that was available through yesterday and including the effects of an economic boost from legislation recently enacted in response to the pandemic. In addition, CBO has developed a preliminary assessment of federal budget … Continue reading
COVID and Deaths in Europe – Measuring the true toll
EuroMOMO’s epidemiologists [collect] mortality data on a weekly basis across Europe… And while they don’t break down the absolute numbers of fatalities by country, they do provide a trend chart for each member state on their website. Chosen excerpts by Job Market Monitor. Read the whole story @ Measuring the true toll of the pandemic – The … Continue reading
COVID, Recession and CEOs – 60% believe it will be U-shaped, 22% a ‘double dip’
A survey, conducted by YPO, has revealed what business leaders think a recession sparked by COVID-19 could look like. 60% believe the recession will be U-shaped, whilst 22% believe it could be a ‘double dip’ recession. Many fear that their firms won’t be able to survive the crisis. Global business leaders are preparing for a … Continue reading
COVID et PCU au Canada – Plus de 7 millions de demandes et déjà 22,4 milliards $ sur un budget de 24 milliards payés
Les chiffres publiés en matinée par le gouvernement fédéral révèlent que 22,4 milliards $ ont été versés par l’entremise de la prestation de 2000 $ par mois. Entre le moment où le gouvernement a commencé à accueillir les demandes d’aide, au début du mois, et jeudi, il a reçu 7,12 millions de demandes uniques pour le programme, qui … Continue reading
Chômage en Régions en Europe avant la COVID – Compris entre 1,3% et 30,1% en 2019
En 2019, un an avant que les mesures de confinement liées au Covid-19 commencent à être largement mises en place par les Etats membres de l’UE, les taux de chômage étaient toujours marqués par de fortes disparités entre les régions NUTS 2 que compte l’UE de 27 Etats membres. Les taux les plus faibles ont … Continue reading
COVID et Travail en France – Quelles précautions prendre ?
Description : Le ministère du Travail dans le cadre d’un groupe de travail piloté par l’INTEFP (Institut National du Travail, de l’Emploi et de la Formation professionnelle), avec le concours du ministère de l’agriculture, de l’Anses, du réseau Assurance maladie risques professionnels, de l’INRS, de l’Anact et des médecins du travail coordonnés par Présance, a … Continue reading
COVD and UBI in Canada – The money should be universal says Jagmeet Singh
That said, NDP leader Jagmeet Singh believes that the new Canada Emergency Student Benefit is unnecessarily “complicated,” and that the original CERB criteria should be scrapped altogether.In a tweet, he explained, “We’re glad the government is turning its focus to helping students, but another complicated system is not what students need.”“Make the CERB universal so … Continue reading
COVID and Unemployment in US – A chart
Related Post COVID and UI Claims in US – More than 26 M claims since the beginning of lockdowns with 20% of jobless POSTED BY MICHEL COURNOYER ⋅ APRIL 23, 2020 ⋅ LEAVE A COMMENT In the week ending April 18, the advance figure for seasonally adjusted initial claims was 4,427,000, a decrease of 810,000 from … Continue reading
COVID and UI Claims in US (Update) – More than 26 M claims since the beginning of lockdowns with 20% of jobless
In the week ending April 18, the advance figure for seasonally adjusted initial claims was 4,427,000, a decrease of 810,000 from the previous week’s revised level. The previous week’s level was revised down by 8,000 from 5,245,000 to 5,237,000. The 4-week moving average was 5,786,500, an increase of 280,000 from the previous week’s revised average. … Continue reading
COVID and Labour Market – A far-reaching impact in Europe
The EU-27 countries have introduced varying degrees of stay-at-home mandates or advisories owing to COVID-19, as has the United Kingdom. As of April 7, almost all of the 230 million employees across the EU-27 and the United Kingdom are affected—through the closing of nonessential shops, implementation of remote working and physical-distancing guidelines, cancellation of events, … Continue reading
COVID and Universities in US – It poses serious financial risks
Universities around the country are dealing with health concerns as their first priority, and keeping instruction going—even if imperfectly—as the second priority. After dealing with these immediate issues, the next concern is fear of collapsing revenue. Health and instruction deserve every bit of effort going into them. The extent of worry about collapsing revenue isn’t … Continue reading
COVID in Chile – An ‘immunity passport’ will allow breaking free from lockdown and get back to work
SANTIAGO, Chile — Government officials said Monday they would move ahead with plans to issue the world’s first “immunity passports,” cards that would allow people who have recovered from the novel coronavirus to return to work, over the concerns of physicians who warned that much about covid-19 immunity remains unknown. Chosen excerpts by Job Market … Continue reading
COVID, Lockdown and Recession in US – “Automatic stabilizers” are workhorse antirecession programs
The Great Recession is remembered, and properly so, for its massive destruction of household wealth and job losses that reached over 800,000 in a single month. In just the fourth quarter of 2008, real GDP fell at an annual rate of 8.4 percent, while economies across the world were savaged by problems as bad as … Continue reading
COVID and Jobs in UK – Losses have disproportionately affected young people, women and the lowest paid.
Coronavirus is a public health crisis and the Government has rightly taken unprecedented measures to tackle it. This has included significant restrictions on much social interaction and economic activity. The result has been the sharpest spike in unemployment on record. There were one million claims for Universal Credit in a two week period, 7.3 times … Continue reading
Career Expectations and Skills – One in two disadvantaged students who saw themselves working as professionals or managers did not expect to pursue any tertiary education
Adolescence is a period when young people start to prepare for adult life. Teenagers have to make important decisions relevant to their working lives later on, such as what field of study or type of education they will pursue. But young people often lack sufficient knowledge about the breadth of job opportunities and careers open … Continue reading
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