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Labour Costs in Europe (Q3 2019) – Annual growth at 3.1% in EU28

Hourly labour costs rose by 2.6% in the euro area (EA19) and by 3.1% in the EU28 in the third quarter of 2019, compared with the same quarter of the previous year. In the second quarter of 2019, hourly labour costs increased by 2.8% and 3.2% respectively. These figures are published by Eurostat, the statistical … Continue reading

Job Vacancies in Europe (Q3 2019) – Euro area rate at 2.2%

The job vacancy rate in the euro area (EA19) was 2.2% in the third quarter of 2019, down from 2.3% in the previous quarter and up from 2.1% in the third quarter of 2018, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was … Continue reading

Industrial Production in Europe (October 2019) – Down by 0.5% in Euro Area

In October 2019 compared with September 2019, seasonally adjusted industrial production fell by 0.5% in the euro area (EA19) and by 0.4% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In September 2019, industrial production fell by 0.1% in the euro area and rose by 0.1% in the … Continue reading

STEM-educated Immigrants in Canada – The country of education appears to be an important determinant

This paper examines the skill utilization and earnings of employed immigrants with a university degree in the science, technology, engineering, and mathematics (STEM) fields. Unlike earlier papers, which dealt with immigrant STEM graduates as a whole, this paper disaggregates the results by field of study and degree level (bachelor’s, master’s, and doctoral). In 2016, immigrants … Continue reading

Job Report in Canada, November 2019 – Employment fell by 71,000 and unemployment rose to 5.9%

After holding steady in October, employment fell by 71,000 (-0.4%) in November. The unemployment rate rose by 0.4 percentage points to 5.9%. Compared with November 2018, employment gains otalled 293,000 (+1.6%), with the increase largely accounted for by full-time work. Over the same period, total hours worked grew by 0.2%. Highlights In November, employment declined in Quebec, Alberta and British Columbia, while it was … Continue reading

Job Report in US (November 2019) – Employment rose by 266,000, much better than expected

Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and in professional and technical services. Employment rose in manufacturing, reflecting the return of workers from a strike. Household Survey Data … Continue reading

Unemployment in EU (October 2019) – Euro area at 7.5% EU28 at 6.3% with 3.240 million young persons (under 25)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in October 2019, down from 7.6% in September 2019 and from 8.0% in October 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in October 2019, stable compared with September 2019 and down from 6.7% … Continue reading

Job Cuts – Daimler and Audi

Daimler on Friday announced plans to cut thousands of jobs across the globe by the end of 2022. “The automotive industry is in the middle of the biggest transformation in its history,” Daimler said in a statement. (Reporting by Tom Sims, editing by Riham Alkousaa) Chosen excerpts by Job Market Monitor. Read the whole story at Daimler … Continue reading

Pension Systems – Governments need to quickly put in place more inclusive and harmonised pensions for all OECD says

Governments should urgently reform their pension systems to ensure that the growing share of workers in temporary or part-time employment can contribute enough during their working lives to receive an adequate income in retirement, according to a new OECD report. Pensions at a Glance 2019 says that non-standard employment, such as self-employment, temporary or part-time … Continue reading

Skills – The updated 2019 OECD Strategy

The OECD Skills Strategy provides a strategic and comprehensive approach for ensuring that people and countries have the skills to thrive in a complex, interconnected and rapidly changing world. The updated 2019 OECD Skills Strategy takes account of the lessons learned from applying the original skills strategy in 11 countries since 2012, while also incorporating … Continue reading

Higher Education in UK – Detailed case studies of partnerships for high-level skills

The UK has a world-class university system that plays a crucial role in producing a highly skilled workforce that can meet the rapidly shifting needs of the country. To remain responsive, the sector is developing new models and approaches. Partnerships between higher education, further education, employers and other parts of the tertiary education system are … Continue reading

O*NET database – What’s New?

The 24.1 release of the O*NET database includes the following: 1,416 technology skills related to 332 occupations were updated from employer job postings and other sources. Currently, 161 “hot technologies” are identified. 170 alternate titles related to 102 occupations were added from employer job postings and other sources. The new data is incorporated within My … Continue reading

Employment Insurance in Canada – 63.9% of the unemployed had contributed in 2018

In 2018, about 1.1 million Canadians were unemployed at some point in the year. Of these, 63.9% (709,000) had contributed to the Employment Insurance (EI) program. Among those who had contributed to EI and also had a valid job separation, 87.4% had accumulated enough insurable hours to be eligible to receive regular EI benefits, up 3.1 percentage points from 84.3% in 2017. This rise … Continue reading

Job Vacancies, Q2 2019 – Job vacancies and the job vacancy rate continue to rise as Quebec accounts for nearly 70% of the rise

On a year-over-year basis, both the number of job vacancies and the job vacancy rate increased in the second quarter. The number of job vacancies was up in four provinces and two territories, with Quebec accounting for nearly 70% of the national increase. Job vacancies increased in 6 of the 10 largest industrial sectors, led by accommodation and food services; … Continue reading

Higher Education System in US – Mismatched with the realities of modern life – Axios

U.S. colleges and universities — historically cornerstones of society — are wrestling with a wave of rapid changes coming at the U.S. The big picture: Higher education institutions — private, public, for-profit and not — are buckling in the face of demographic shifts, the arrival of automation, declining enrollment, political headwinds and faltering faith in … Continue reading

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