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Future of Work – Four cures for automation anxiety
Last year, the Pew Center reported that 72 percent of Americans said they were worried about the impact of automation on jobs – this, despite the unemployment rate at the time being at a twenty-year low (and even lower since). The fears of a jobless dystopia are misplaced. Despite cyclical ups and downs, economies generate … Continue reading
Future of Work in US – 52 percent believe robots will perform most human activities in 30 years
Fifty-two percent of adult internet users believe within 30 years, robots will have advanced to the point where they can perform most of the activities currently done by humans, according to a survey undertaken by researchers at the Brookings Institution. The poll also found people divided 32 to 29 percent regarding whether the U.S. government … Continue reading
Job Vacancies in Europe (QI, 2018) – 2.1%, up from 2.0%
The job vacancy rate in the euro area (EA19) was 2.1% in the first quarter of 2018, up from 2.0% recorded in the previous quarter and from 1.9% in the first quarter of 2017, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was … Continue reading
Job Report in EU (QI, 2018) – Employment up by 0.4% but Industrial production down by 0.9% in April 2018
The number of persons employed increased by 0.4% in both the euro area (EA19) and the EU28 in the first quarter of 2018 compared with the previous quarter, according to national accounts estimates published byEurostat, the statistical office of the European Union. In the fourth quarter of 2017, employment increased by 0.3% in the euro … Continue reading
AI impact on Jobs in US – Brookings survey finds worries
To examine attitudes towards AI, researchers at the Brookings Institution undertook an online national survey of 1,535 adult Internet users between May 9 and May 11, 2018. There has been considerable controversy over the workforce impact of AI and whether it will create new jobs or reduce the number of jobs. When asked about the … Continue reading
The Collision of Demographics, Automation and Inequality – The deceleration in labor force growth in OECD countries could result in a $5.4 trillion GDP shortfall by 2030
Demographics, automation and inequality have the potential to dramatically reshape our world in the 2020s and beyond. Our analysis shows that the collision of these forces could trigger economic disruption far greater than we have experienced over the past 60 years (see Figure 1). The aim of this report by Bain’s Macro Trends Group is … Continue reading
Job Report in Canada, April 2018 – Employment and unemployment were essentially unchanged
Employment was essentially unchanged in April and the unemployment rate held steady at 5.8%. On a year-over-year basis, employment grew by 278,000 (+1.5%). The increase was due to gains in full-time employment (+378,000 or +2.6%), while part-time work declined (-100,000 or -2.8%). In the 12 months to April, total hours worked were up 1.9%. Chart Unemployment rate The number of employed core-aged women … Continue reading
US Mothers – Spending more time in the labor force than in the past, but also more time on child care
In 2016, moms spent about 25 hours a week on paid work, compared with nine hours in 1965. At the same time, they spent 14 hours a week on child care, up from 10 hours a week in 1965. (Dads, too, are spending more time in child care than they were a half-century ago.) Seven-in-ten … Continue reading
Unemployment Below 4 Percent in US – What does it mean ?
Job creation is increasingly limited not by employers’ optimism or confidence or so-called animal spirits, but on the hard limit caused by the finite number of humans to fill those jobs. And so the focus of policy seems as if it should be less on creating more jobs and more on trying to make the … Continue reading
Immigration in Australia – Unions and business alliance oppose cuts
In a rare alliance, the Australian Council of Trade Unions, the Australian Industry Group and a suite of national peak bodies have said they collectively “affirm that Australia’s permanent migration program is essential to Australian society and economy and do not support any reduction to the scheme”. “Our permanent migration program has been central to … Continue reading
Job Report in US, April 2018 – Employment increased by 164,000 and unemployment at 3.9 percent
Total nonfarm payroll employment increased by 164,000 in April, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, manufacturing, health care, and mining. Household Survey Data In April, the unemployment rate edged down to 3.9 percent, following 6 months … Continue reading
International Labour Organization – Accueil | Facebook
On the International Labour Day, we highlight the importance of decent work as the foundation of fair and inclusive growth via International Labour Organization – Accueil | Facebook
Asylum Claims in Canada (2017) – Surged over any point in at least a quarter-century
More people sought asylum in Canada in 2017 than at any point in at least a quarter-century, due in part to a spike in applications from Haitians entering the country from the United States, according to a Pew Research Center analysis of Canadian government data. The 50,420 asylum applications Canada received in 2017 were more … Continue reading
Education in Europe – 39.9% of 30-34-year-olds have completed tertiary education and 10.6% of 18-24-year-olds out of education and training in 2017
Today, Eurostat, the statistical office of the European Union, publishes the most recent data for the EU and its Member States on achievement against the two Europe 2020 education headline targets. One of Europe 2020 strategy’s targets is that at least 40% of 30-34-year-olds in the EU should have completed tertiary education by 2020. This … Continue reading
Employment rate in EU, 2017 – A record level for people aged 20 to 64
In 2017, the employment rate of people aged 20 to 64 in the European Union (EU) stood at 72.2%, up compared with 2016 (71.1%). The Europe 2020 strategy target is to reach a total employment rate for people aged 20 to 64 of at least 75% in the EU by 2020. This objective has been … Continue reading
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