Job Market Monitor
In the News
US / Why didn’t the severe weather put job growth in a deep freeze?
Mainly because of how the government counts company payrolls. The Labor Department calculates jobs by asking companies how many people they employed during the pay period that includes the 12th day of the month. If a company’s pay period is, say, every two weeks or twice a month, a staffer who worked just one day … Continue reading
Canada – A lost of 7 000 jobs last month and little overall employment growth in Canada since August 2013
Employment was little changed in February, and the unemployment rate remained at 7.0%. There has been little overall employment growth in Canada since August 2013. (JMM Editor: Indeed, a lost of 7 000 jobs last month) Compared with 12 months earlier, employment increased by 95,000 (+0.5%) and the unemployment rate was unchanged. Over the same period, the number of hours worked rose 0.7%. … Continue reading
US – Total nonfarm payroll employment increased by 175,000 in February, unemployment rate at 6.7 percent
From the official press release Total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services and in wholesale trade but declined in information. Household Survey Data Both the number of unemployed persons (10.5 million) … Continue reading
Apprenticeship / What employers look for
The main thing employers are looking for in young people is a passion for their chosen industry, and their company. After all, they can train you in their systems, processes and knowledge specific to a role, but they can’t give you genuine interest and enthusiasm or a willingness to work hard for them. These need … Continue reading
US – The underemployment of college graduates is displacing lower skilled workers
The jobless rate of Americans ages 25 to 34 who have only completed high school grew 4.3 percentage points to 10.6 percent in 2013 from 2007, according to Bureau of Labor Statistics data. Unemployment for those in that age group with a college degree rose 1.5 percentage points to 3.7 percent in the same period. … Continue reading
EU – The Youth Unemployment Puzzle (Infographic)
Youth Unemployment: Mind the Gap – EU’s Unemployment Puzzle Infographic – Blogs – IIEA – The Institute of International and European Affairs. Related articles OECD / Europe’s youth is explosive issue, not deflation Youth unemployment in Europe / It could prolong the crisis says Christine Lagarde says Youth unemployment in Europe / An IPPR report … Continue reading
US – Birthrate fell to “another record low” in 2012
Last September, the U.S. government announced that our birthrate fell to “another record low” in 2012, following a long, steady slide since the Baby Boom after World War II. It goes without saying that, morally speaking, there’s nothing wrong with this. It’s natural, in a way. All over the world, birthrates tend to fall along with … Continue reading
US – Jobless claims down to three-month low
The number of Americans filing new claims for unemployment benefits fell more than expected and hit a three-month low last week, a sign of strength in a labor market that has been hobbled by severe weather. Initial claims for state unemployment benefits dropped 26,000 to a seasonally adjusted 323,000, the Labor Department said on Thursday. … Continue reading
Immigration Impact in UK – A report ‘blocked’ by Downing Street
Downing Street is believed to have blocked publication of a politically sensitive report that shows the impact of immigration on the job prospects of British workers is well below that claimed by ministers. The new research is reported to challenge claims made by the home secretary, Theresa May, based on a 2012 Migration Advisory Committee … Continue reading
UK – Mental health worsens as benefit cuts, unemployment and poor housing affect communities finds survey
A survey of mental health social workers and professionals from a leading mental health charity has revealed a growing crisis in mental wellbeing as communities struggle with a combination of hardships including benefit changes, unemployment and poor housing. The survey, undertaken jointly between the mental health charity Mind and The College of Social Work reveals … Continue reading
Professionals and Job Search – 75 percent of professionals identify themselves as passive candidates finds ERE
We recently completed our largest survey to date on job seeking (more than 18,000 professionals in 26 countries) to shed light on the workforce’s attitude toward job satisfaction, new opportunities, and career evaluation. We discovered that while 75 percent of professionals identify themselves as passive candidates, only 15 percent are “super passives,” or folks who … Continue reading
Job Market in Canada – ‘Sputtered’ In 2013 says Chamber Of Commerce
Canada’s job market “sputtered” in 2013, says a new report that finds a majority of the net job creation last year involved part-time jobs, went to older workers and was concentrated in a single province. The report from the Canadian Chamber of Commerce found Canada added 0.6 per cent new jobs in 2013 — not … Continue reading
Canada – The economy has not created enough jobs says the Canadian Labour Congress
The Canadian Labour Congress (CLC) argues that while Statistics Canada’s approach may be accurate it is not detailed enough to convey the true landscape of the labour market. “The economy has not created enough jobs, and those that have been created are disproportionately precarious … more Canadians are unemployed, marginally attached, or simply not engaging … Continue reading
Gaza / Unemployment rises to 39%
Unemployment rose to 39 percent of the workforce in the Gaza Strip as a result of the Egyptian destruction of underground tunnels between Egypt and Gaza, the Ministry of the Economy in Gaza said on Sunday. “This means that the number of jobless people in Gaza has risen to 140,000,” Hatem Uweida, the ministry undersecretary, … Continue reading
Ireland – Unemployment rate falls below 12 percent
The number of people claiming unemployment benefit in Ireland fell for the 20th successive month in February, dropping below 12 percent for the first time since April 2009, data showed on Wednesday. via Irish unemployment rate falls below 12 percent in Feb | Reuters.
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