Michel Cournoyer

Michel Cournoyer has written 10915 posts for Job Market Monitor

Mismatch shocks and the natural rate of unemployment

The authors estimate a DSGE model that features nominal rigidities and search frictions in the labor market. They evaluate the importance of mismatch shocks in accounting for the recent behavior of the Beveridge curve. Their fndings suggest that the rise in the unemployment rate during the Great Recession is mainly due to cyclical factors rather than to an increase in … Continue reading

The Top 3 Mistakes Job Seekers Will Make on Facebook Timeline

More than 18.4 million Americans have used Facebook to find a job. Facebook Timeline poses new obstacles for current adults looking for work. How can the Timeline mess up an existing job search? Here are three things job seekers should avoid doing on Facebook Timeline. It should be abundantly clear that Facebook Timeline is different, … Continue reading

Bank of America to freeze pension plan

Bank of America announced plans Thursday to freeze pension plans, effective in July, and increase its 401(k) contributions instead. Eligible employees will keep the pension benefits that they’ve earned to date but will not receive additional benefits, Bank of America (BAC, Fortune 500) spokesman Scott Silvestri said. The company will instead begin making an additional … Continue reading

Which skills do count when you are unemployed and looking for work ?

There are two groups of skills that make a difference if you’re looking for work : Your search skills Your own skills, your competencies.

Digital Literacy | Cisco International Education Survey: World Education Leaders See Increasing Role for Technology to Transform Learning

“More than three-quarters of top education officials around the world believe technology can play a major role in how students learn and how teachers educate, according to a global survey commissioned by Cisco (NASDAQ: CSCO) and conducted by Clarus Research Group, a Washington, D.C.-based research firm. Telephone interviews were conducted with 500 education administrators and … Continue reading

Skills Gap | US : Toward a well-prepared workforce

High and lasting unemployment is the fate of several OECD countries. But at the same time, employers widely report difficulty finding qualified and skilled workers. That used to be called “structural unemployment”. More and more analysts call it the Skills Gap. It has been observed for a long time in countries, or part of them, … Continue reading

Australia : Enhancing the retention of young people to Year 12, especially through vocational skills

In late 2008, the Australian College of Educators (ACE) commissioned the Work-based Education Research Centre at Victoria University to undertake a research project entitled Enhancing retention of young people to year 12, especially through vocational skills. The broad aim of the project was to examine the factors that contribute to the retention, completion and transition … Continue reading

Skills Gap | Mismatch in the Labor Market: The Supply of and Demand for “Middle-Skill” Workers in New England

Alicia Sasser Modestino reports in the Journal of the NEW ENGLAND BOARD OF HIGHER EDUCATION a very common concern that concerned that the region’s slower population growth and loss of residents to other parts of the country will lead to a shortage of skilled labor—particularly when the baby boom generation retires. “Prior to the Great … Continue reading

Skills Gap | Massachusetts : no current worker gap but a persistent skills mismatch or skills gap for selected occupations

There is no worker gap in Massachusetts currently: there are a large number of people available to work (those unemployed, underemployed or in the labor force reserve), but a persistent skills mismatch or skills gap for selected occupations a report says. Full Report @ :

Labour Market Changes | UK : a summary of the main trends

The National Guidance Research Forum (NGRF) website, launched in 2004 for careers guidance practitioners and researchers as a collaborative project between the Warwick Institute for Employment Research (IER), University of Warwick, the International Centre for Guidance Studies, University of Derby and KnowNet, a specialist software company, has posted a summary of the main trends for … Continue reading

Skills Gap | UK: Closing the gender skills gap – A reminder 3 years after the report

The report proposes ways to close the gender skills gap. According to the report, this would: increase the gross domestic product (GDP) by between £15 and £23 billion annually reduce the pay and opportunity gap between men and women increase the number of women training and working in science, engineering and technology (SET) alleviate the … Continue reading

Workforce development : sharing with industry on the curriculum, including assessment, is essential

Jenny Shaw, Amelia Routand and Jan Wise tell us that sharing with industry on the curriculum, including assessment, “which is often seen as the preserve of academics”, is essential to meet the challenges of workforce development. Industry involvement for the “genuine professional development of students” sets “a gradual, piecemeal evolution in the design and delivery … Continue reading

New competency : Tomorrow’s journalist according to the BBC’s College of Journalism

For those who mind where things are leading in journalism, the content is : The End of Fortress Journalism by Peter Horrocks Introducing Multimedia to the Newsroom by Zoe Smith Multimedia Reporting in the Field by Guy Pelham Dealing with User-Generated Content: is it Worth it? by Paul Hambleton Video Games: a New Medium for … Continue reading

Skills Gap | IT security : Global Information Security Workforce Study concludes that Professionals not ready for social media threats

Frost & Sullivan has published his (ISC)²® Global Information Security Workforce Study. The electronic survey covered 10,413 respondents over the world. Results depict an information security professional market under increasing pressure. “Frost & Sullivan believes this year’s survey shows a clear gap in skills needed to protect organizations in the near future. The information security … Continue reading

Skills Gap | Europe : One in five 15-year-olds in Europe lack basic reading and writing skills

The European Commission has set up an independent group of experts on literacy chaired by Princess Laurentien of the Netherlands. EU Ministers have set a target of reducing the share of pupils with difficulties in reading, maths and science to fewer than 15% by 2020. “The launch of this group marks the start of a … Continue reading

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