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Canada Job Report, January 2017 – Employment rose by 48,000

Employment rose by 48,000 (+0.3%) in January, building on gains observed in the latter part of 2016. The unemployment rate fell by 0.1 percentage points to 6.8%. On a year-over-year basis, employment rose by 276,000 (+1.5%), with most of the increase occurring from August to January. Following a significant increase in December, full-time employment held steady in January. Compared with 12 months earlier, full-time employment … Continue reading

Prime-age male labor force participation in US – Half of those not in the labor force take pain medications daily

The share of prime-age men in the labor force has declined from its peak of 98 percent in 1954 to 88 percent today, reports the Council of Economic Advisers. This precipitous decline was largely masked as women entered the workforce in record numbers up until the 1990s, when their participation rate began to stagnate and … Continue reading

Job Report in US, January 2017 – Total nonfarm payroll employment increased by 227,000

Total nonfarm payroll employment increased by 227,000 in January, and the unemployment rate was little changed at 4.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in retail trade, construction, and financial activities. Household Survey Data Both the number of unemployed persons, at 7.6 million, and the unemployment rate, at 4.8 … Continue reading

US – Is your city’s workforce growing older or younger?

Is your city’s workforce growing older or younger? CareerBuilder is out with a new study that explores employment trends for the 100 most populous U.S. cities, tracking how the shares of workers ages 22 to 34 and ages 55 and older have changed from 2001 to 2016. Topping the list for cities aging the fastest … Continue reading

US – Full employment may be redefined

Fed policymakers indicated in their post-meeting statement Wednesday that there’s still room for improvement in the job market. While the unemployment rate “stayed near its recent low” in December, “some further strengthening” is expected in labor conditions. That doesn’t mean central bankers or Labor Department economists are about to abandon the unemployment rate as their … Continue reading

Unemployment in Europe – 9.6% in December 2016 in the euro area with 4.219 million young persons

The euro area (EA19) seasonally-adjusted unemployment rate was 9.6% in December 2016, down from 9.7% in November 2016 and down from 10.5% in December 2015. This is the lowest rate recorded in the euro area since May 2009. The EU28 unemployment rate was 8.2% in December 2016, stable compared to November 2016 and down from … Continue reading

View of labor Unions in US – About six-in-ten adults today have a favorable view

About six-in-ten adults today have a favorable view of labor unions (60%) and business corporations (56%), according to a new Pew Research Center survey. Views of both have grown more positive since March 2015, when roughly half of adults (48%) expressed a favorable view of each. Chosen excerpts by Job Market Monitor. Read the whole story … Continue reading

Mutual Recognition of Qualifications – Six regulated occupations in the tourism sector of Southeast Asia

Seeking to improve the intraregional mobility of workers in the tourism sector and six regulated occupations, the Association of Southeast Asian Nations (ASEAN) between 2005 and 2014 signed accords meant to speed the mutual recognition of professional and academic qualifications. By jointly setting standardized rules for mutual recognition and renouncing, in part or in full, … Continue reading

Global Unemployment – To rise modestly in 2017 says ILO

The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, a new ILO report shows (table 1). The number of unemployed persons globally in 2017 is forecast to stand at just over 201 million – with … Continue reading

Low-Wage Earner in EU – 1 out of 6 employees

The proportion of low-wage earners among employees amounted to 17.2% in 2014 in the European Union (EU). This means that they earned two-thirds or less of their national median gross hourly earnings. There are large differences between genders and age groups regarding the proportion of low-wage earners. In the EU in 2014, 21.1% of female … Continue reading

Employers Skills Needs in Wisconsin – Work ethic is the most important

Wisconsin and the nation are struggling with how to address persistent unemployment and an economy recovering too slowly from the Great Recession of 2008. While economists point to a host of reasons for sluggish growth, including low aggregate demand, outsourcing, spending cuts, and so on, some argue a principal culprit is the “skills gap.” Based … Continue reading

Higher Education or VET in Australia

  Chosen excerpts by Job Market Monitor. Read the whole story at  The skilled labour market: a pictorial overview of trends and shortage 2015-16

Universal Basic Income in US – The Economic Security Project (ESP) commits $10 million over the next two years “to explore” it

The Economic Security Project (ESP)—a loose coalition of technologists, investors, and activists—announced on Dec. 8 it’s committing $10 million over the next two years “to explore how a ‘basic income’ could…ensure economic opportunity for all” in the US. More than 100 people, ranging from the head of top Silicon Valley startup fund Y Combinator to … Continue reading

PISA – What has happened to Finland’s schools?

That’s a question educators around the globe are asking in the wake of the latest results of an ongoing study that measures academic achievement in 73 countries.  For much of the 21st century, Finland has been one of the very top performers in the Program for International Student Assessment (PISA), an ongoing study administered every … Continue reading

Manufacturing Jobs in US – About 157,000 U.S. workers quit in October, the highest level in more than eight years

About 157,000 U.S. workers quit a manufacturing job in October, the highest level in more than eight years and a reminder of the massive churn across the labor market. Falling factory employment has been running theme of 2016, and President-elect Donald Trump has made those jobs a priority. Underneath the long-term slide in employment is a more dynamic … Continue reading

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