Job Market Monitor
A Closer Look
UI Claims in US (as of January 23, 2021) – 18 million above where they were a year ago
Figure A shows continuing claims in all programs over time (the latest data are for January 23rd). Continuing claims are currently more than 18 million above where they were a year ago. The large increase in continuing claims in the most recent data was due to increases in PUA and PEUC. This is likely workers … Continue reading
Workforce Training for Job Recovery – An Opportunity Account
In this analysis, we examine the impacts of the pandemic recession across different dimensions, including employment, labor force participation, and the need to switch industries. This analysis provides texture and evidence to the emerging understanding that women and people of color, working in the service industry, have been the most negatively affected. The challenge of … Continue reading
Canada Emergency Wage Subsidy (CEWS) – About $188,000 per job per year
In the Trudeau government’s recent mini-budget, Finance Minister Chrystia Freeland threw so many large numbers at us that Canadians might be forgiven for missing some important announcements. Here’s one number to bear in mind: $99.6 billion. That’s the new projected cost of the Canada Emergency Wage Subsidy (CEWS) through June. CEWS is now the largest … Continue reading
Covid and Young Adults in US – 52% are living with their parents
The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading early this year. Chosen excerpts by Job Market Monitor. Read the whole story @ 52% of young adults in US are living with their parents amid COVID-19 | Pew Research Center
Immigrants in US – Key charts and facts from 1980 to 2018
Key charts and statistics about immigrants in the United States from 1980 to 2018. Source: Immigrants in America: Key Charts and Facts | Pew Research Center
Covid – Will it accelerate automation?
Less globalisation, more automation: the economic crisis induced by pandemic is likely to encourage a surge of labour-replacing technology. That will be disruptive, unequal and challenging for workers.Workers in developing countries are already jittery with worries ranging from “rebound” outbreaks and lay-offs to the onset of cabin fever. As if workers don’t have enough on … Continue reading
Productivity and Wages in US – They aren’t keeping up
While net productivity has continued to increase by an expected 70%, hourly compensation in the country is less than a fifth of that at just 12%. The growth in productivity has more than doubled that of hourly compensation for U.S. workers since 1948. With net productivity in the country growing by roughly 253 percent in … Continue reading
Wage Growth in US – The Illusion
Despite a sharp spike in unemployment since March 2020, aggregate wage growth has accelerated. This acceleration has been almost entirely attributable to job losses among low-wage workers. Wage growth for those who remain employed has been flat. This pattern is not unique to COVID-19 but is more profound now than in previous recessions. This means … Continue reading
Covid and Self-employed in Canada – Those who also had T4 earnings before the pandemic are in a better position
A new study looks at the degree of reliance on self-employment income by self-employed individuals with and without additional T4 earnings (wages and salaries for which an individual receives a T4 slip) and how this may affect their ability to deal with the post-COVID-19 financial strain. The presence of T4 earnings in the total income … Continue reading
US immigrants – Key findings by Pew Research Center
Today, more than 40 million people living in the U.S. were born in another country, accounting for about one-fifth of the world’s migrants. Key findings about The United States has more immigrants than any other country in the world. Today, more than 40 million people living in the U.S. were born in another country, accounting … Continue reading
From Temporary Foreign Workers to Permanent Residents – The two step process presents both advantages and risks
In a two-step immigration selection process, temporary foreign workers are first selected by employers for a temporary job, and some qualified temporary foreign workers then become economic immigrants. The details of this selection process vary among countries. For example, in the US, the temporary workers are typically sponsored by the employers in their bid to … Continue reading
COVID and Furloughed Workers in UK – Millions have returned to work but …
This morning, HMRC published its latest round of statistics on the Coronavirus Job Retention Scheme (JRS). For the first time, we have a time series of the number of furloughed workers, as opposed to the cumulative total, meaning we can see how use of the scheme has evolved since the start of April. Here are … Continue reading
What’s Next in Canada ? Chrystia Freeland at TED Talk in 2013
Technology is advancing in leaps and bounds — and so is economic inequality, says writer Chrystia Freeland. In an impassioned talk, she charts the rise of a new class of plutocrats (those who are extremely powerful because they are extremely wealthy), and suggests that globalization and new technology are actually fueling, rather than closing, the … Continue reading
From CERB to EI in Canada – 2.1 million are not eligible for EI under existing rules
Fast Facts As of August 2, 4.7 million Canadians were receiving the CERB. Based on the July Labour Force Survey (LFS), 1.4 million CERB recipients are eligible for EI under existing EI rules. Of that group: 811,000 would receive EI but would get less than $500 a week; on average, those making less on EI … Continue reading
Covid and Women’s Labour Force Participation in Canada – Pandemic threatens decades of gains
COVID downturn sees job losses eclipse those of any other recession Canada has been roiled by a recession unlike any other – one distinguished not just by the overall magnitude of damage it has inflicted on the economy but by the specific, unprecedented blow it has dealt to women. In a matter of months, the … 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
