Job Market Monitor
Michel Cournoyer
Minimum Wage Workers in Canada Over the Last 20 Years
In recent years, discussions surrounding the minimum wage, and its increase, have been at the centre of Canadian current affairs. The renewed interest in this topic stems mainly from high-profile campaignsNote advocating for a federal minimum wage increase to $15 per hour,Note as well as recent notable minimum wage increases in Ontario, Alberta and British … Continue reading
Wages in US – What is really happening ?
Over the past 12 months, average hourly wages rose 3.2 percent, according to the latest jobs report from the Bureau of Labor Statistics. But the longer-term story is contested. Many analysts and commentators lament the situation of stagnating wages, while others celebrate wage growth. To take just two of hundreds of examples, our colleagues in … Continue reading
Industrial Production in Euro Area, July 2019 – Down by 0.4%
In July 2019 compared with June 2019, seasonally adjusted industrial production fell by 0.4% in the euro area (EA19) and by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2019, industrial production fell by 1.4% in both the euro area and EU28. In July 2019 … Continue reading
Median Household Income in US in 2018 – $63,179, Not significantly different from 2017
The U.S. median household income was $63,179 in 2018, not statistically different than the previous year, according to U.S. Census Bureau statistics released today. At first glance, it would appear that median income was higher than every year prior to 2017, surpassing the median income for 2007 ($60,985 in 2018 dollars) and 1999 ($61,526 in … Continue reading
Mon Compte Formation en France – Les priorités de la Caisse des dépôts pour l’application
Laurent Durain, directeur de la formation professionnelle au sein de la direction des retraites et de la solidarité de la CDC, détaille les défis à relever pour le lancement de l’application mobile du CPF prévue en novembre. Quel est le rôle de la Caisse des dépôts dans l’écosystème de la formation issu de la loi … Continue reading
The Transition to Post-Military Employment in US – A majority of veterans say their military service was useful in giving them the skills and training
For many veterans, finding a job after leaving the military is an important part of the transition to civilian life. A majority of veterans say their military service was useful in giving them the skills and training they needed for a job outside the military – 29% say it was very useful and another 29% … Continue reading
Labour Market Information (LMI) in Canada – Results more important when participants are assisted by a counsellor
According to a large meta-analysis, labour market information (LMI) is a critical ingredient in achieving career goals of individuals. This study aims to assess the effect of LMI use, with and without the help of a counsellor, taking into account the possible presence of differential effects according to client consultation needs (career choice or job … Continue reading
National Job Guarantee in US – Considerable uncertainty associated with its impacts
Despite a relatively strong U.S. economy in late 2018, many workers continue to experience stagnant wages and underemployment. In response, policy interventions like subsidized wages, training and search assistance, expanded public employment, and federal guarantees of employment have all been proposed, but relatively little is known about how a federal job guarantee would function. We … Continue reading
Bachelor Degree from a Community College in Canada – They earn about 12% more than university bachelor’s degree holders two years after graduation
University graduates generally earn more than community college graduates, both shortly after graduation and for many years thereafter. This may partially reflect the fact that university programs are generally longer in duration. Most university students enroll in a four-year bachelor’s degree program, whereas most college students enroll in a one-year certificate program or in a … Continue reading
Job Report in US, August – Employment rose only by 130,000 and unemployment was unchanged at 3.7 percent
Total nonfarm payroll employment rose by 130,000 in August, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment in federal government rose, largely reflecting the hiring of temporary workers for the 2020 Census. Notable job gains also occurred in health care and financial activities, while mining lost jobs. … Continue reading
Job Report in Canada, August 2019 – Employment increased by 81,000 and unemployment remained at 5.7%
Following three consecutive months of little change, employment increased by 81,000 in August, largely in part-time work. The unemployment rate remained at 5.7% as more people participated in the labour market. Compared with August 2018, employment increased by 471,000 (+2.5%), the result of gains in both full- (+306,000 or +2.0%) and part-time work (+165,000 or +4.8%). Over the same period, hours worked were … Continue reading
L’Emploi au Québec, août 2019 – Le taux de chômage le plus bas depuis 1976
Au Québec, l’emploi a progressé pour un deuxième mois consécutif, en hausse de 20 000 en août. Des hausses ont été observées dans un certain nombre de secteurs, particulièrement dans la finance, les assurances et les services immobiliers et de location. Le taux de chômage a peu varié, s’établissant à 4,7 %, ce qui représente le taux le plus bas … Continue reading
Transitioning to a New Career After Maternity Leave
By Lucy Wyndham Mothers in Canada take on average 44 weeks of leave following the birth or adoption of a child, and 67% return to work after maternity leave. While many women will return to the jobs they held prior to having a baby, others may garner new perspective in their time away from work and choose … Continue reading
Work Futures – Disruptive automation is the number one cause
Economics is driving changes in work practices and productivity pushed forward by growing use of artificial intelligence, demographic changes and business model changes. Disruptive automation is the number one cause of this dramatic shift especially since technology engaged and enabled Millennials, will be the majority in the global workforce very soon. Chosen excerpts by Job … Continue reading
Inactive on the Job Market around the World – Are they really?
Inactivity rates are increasing around the world, while the global population and labour force are ageing. But the inactivity rate is an aggregate measure overlooking the different profiles of people outside the labour force. This new Spotlight on Work Statistics explores the characteristics of the potential labour force, made up of persons outside the labour … Continue reading
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