Job Market Monitor
Michel Cournoyer
COVID-19 in US – Maps on how states are responding
States have enacted a wide range of policies in an effort to “flatten the curve” and address the economic effects of the novel coronavirus. While all 50 states have declared states of emergency, giving governors emergency powers, the policy response from states has been wide-ranging. Chosen excerpts by Job Market Monitor. Read the whole story @ How … Continue reading
COVID-19 – Analyzing the trends in one chart
Chosen excerpts by Job Market Monitor. Read the whole story @ U.S. Coronavirus Outlook: Is This The End Of The Beginning?
COVID-119 Economic Impacts – At least as bad as Great Recession, says IMF
The International Monetary Fund said it expects a global recession this year that will be at least as bad as the downturn during the financial crisis more than a decade ago, followed by a recovery in 2021. Nearly 80 countries have asked the Washington-based IMF for emergency finance, Managing Director Kristalina Georgieva said in a … Continue reading
COVID-19 – Leading economists urge governments to bring out the ‘big artillery’
Leading economists urge governments to bring out the ‘big artillery’ to fight the economic fallout caused by the COVID-19 pandemic. Unconventional policy options such as ‘helicopter money’ should be on the table, they argue. Governments will need to reduce personal and corporate bankruptcies, ensure people have money to keep spending even if they’re not working, … Continue reading
COVID-19 au Québec et au Canada – (Mise à jour 2) Bonifier l’assurance-emploi et mettre à profit l’expertise en intelligence artificielle pour accélérer le traitement des demandes
Finis les programmes annoncés par Ottawa la semaine dernière. Place à de nouvelles annonces avec, en prime, des systèmes à développer. Est-ce la marche à suivre ? Le montant forfaitaire : certainement. Mais, croisons-nous les doigts pour la mise en oeuvre. Des bonifications de l’assurance-emploi * Développer des nouveaux programmes en urgence peut s’avérer un … Continue reading
COVID-19 in Canada – The impact on the labour market
The Bottom Line… • Global economy will feel the effects of COVID-19—a recession is likely in many countries • Canada and the United States went into February 2020 on a solid footing but things have deteriorated precipitously • Economic impact will depend entirely on our success (in Canada and the United States) at containing the … Continue reading
COVID-19 and Social Dialogue – The wage subsidies idea
Government must introduce wage subsidies as a key means to protect jobs Our key demand is that government provide wage subsidies for short-time working and temporary layoffs. Government should learn from examples across Europe and introduce an immediate package across the economy to protect jobs. As we recommend below, Government should immediately convene a taskforce … Continue reading
Unemployment Insurance in US – State reserves are not adequate before COVID-19
The federal-state unemployment insurance (UI) system pays temporary partial earnings replacement to involuntarily unemployed applicants while they are actively seeking reemployment. The UI system is an automatic stabilizer for state economies, injecting spending from benefit payments quickly in economic downturns, and withdrawing spending during business recoveries because of fewer beneficiaries and higher tax contributions. There … Continue reading
COVID-19 – Top 10 countries compared in charts
The big question is which figure is a more realistic representation of today’s picture of each country? Each figure we’ll look at compares the top 10 countries with the most confirmed coronavirus cases to date. The plot begins when each country hits 1 confirmed coronavirus case per million residents. As you can see the United … Continue reading
COVID-19 in US Viewed from the FED – Unemployment may soar to 30%
Federal Reserve Bank of St. Louis President James Bullard predicted the U.S. unemployment rate may hit 30% in the second quarter because of shutdowns to combat the coronavirus, with an unprecedented 50% drop in gross domestic product. Bullard called for a powerful fiscal response to replace the $2.5 trillion in lost income that quarter to … Continue reading
COVID-19 in US – Over 37 million U.S. jobs may be vulnerable to potential layoffs in the short term
Almost 56% of US production and non-supervisory jobs (about 59.5 million jobs) offer weekly incomes below the $802 weighted average weekly income for all such jobs. Together, those low-quality jobs offer a weighted average of $539 in weekly income, or just over $28,000 per year. There is a subset of these workers, in jobs often … Continue reading
COVID-19 and Teachers – A temporary hub of information and tools by GOOGLE and UNESCO
A temporary hub of information and tools to help teachers during the coronavirus (COVID-19) crisis. Set up your home for video calling Find a location with strong WiFi signal, find a clear background and ensure plenty of natural light. When using webcam, turn your camera off to reduce lag. Start a video call with your … Continue reading
COVID-19 in Canada – Programs for those who lose their jobs are insufficient
Editorial – In Canada and Québec, governments have announced a series of insufficient programs geared toward employment insurance and its meagre 55% of insurable salary. Here’s what’s happening elsewhere, such as in the United Kingdom where the government will pay up to 80% of the salary of those who lose their jobs. @ https://jobmarketmonitor.com/2020/03/22/covid-19-and-jobs-in-uk-government-to-pay-80-of-wages-for-those-not-working/ The House … Continue reading
COVID-19 au Québec et au Canada – Les programmes pour les travailleurs ne sont pas suffisants
Éditorial – Au Canada et au Québec, les gouvernements ont multiplié les programmes qui sont guère généreux, alignés sur l’assurance-emploi et son pauvre 55% du salaire assurable. Voyez ce qui se fait ailleurs, comme au Royaume-Uni où le Gouvernement paiera jusqu’à 80% du salaire de ceux qui perdent leur emploi @ https://jobmarketmonitor.com/2020/03/22/covid-19-and-jobs-in-uk-government-to-pay-80-of-wages-for-those-not-working/. La Chambre des … Continue reading
COVID-19 and Jobs in UK – Government to pay 80% of wages for those not working
The government is to pay the wages of millions of workers across Britain to keep them in jobs as the economic fallout from the coronavirus outbreak escalates. In an unprecedented step for the British government, the chancellor, Rishi Sunak, said the state would pay grants covering up to 80% of the salary of workers if … 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 