Job Market Monitor
In the News
Women in Turkey / Employment on the rise in urban areas
Some 1.5 million new jobs have been created in the last four years for women in non-agricultural sectors in urban areas, according to an employment report released by the Economic Policy Research Foundation of Turkey (TEPAV) yesterday. While some 3.4 million women worked in non-agricultural sectors in June 2009, this number increased to around 4.9 … Continue reading
US / Federal regulations have created 227,500 jobs in compliance industry
A growing thicket of federal regulations under the Obama administration has contributed to an employment spike in at least one corner of the job market: the increasingly vital compliance industry Continue reading
Australia / Unemployment rate at 5.7 per cent, from from 5.6, as participation rate remains seven-year low
The ABS has revised September’s jobless figure from 5.6 per cent to 5.7 per cent, meaning the jobless rate has held effectively held steady for the past two months Continue reading
BC Skills Gap / Only 18 per cent of employers with trades have apprentices
Difficulty finding a job for that valuable work experience is a challenge for many beginning tradespeople Continue reading
Greece / More layoffs ‘required’ say EC, ECB and IMF
The representatives of the European Commission, the European Central Bank and the International Monetary Fund, however, are deaf to his warnings. They are demanding additional belt-tightening measures, including more layoffs. Continue reading
Dominick’s in Chicago / 5,600 layoffs
Dominick’s officially notified the state on Oct. 30 that it is closing all of its Chicago-area stores Dec. 28, affecting a total of 5,633 workers. Continue reading
(Update) US Job Report / Job creation picks up despite government shutdown
Job creation picks up despite government shutdown. Indeed, furloughed workers are counted on the payroll. But the household survey says something else: a drop of -735,000 in the number of people employed. Furloughed are counted as unemployed in the household survey. Continue reading
Canada / Expanding Canada Pension Plan benefits and the debate over the premiums
Finance Minister Jim Flaherty thinks that expanding Canada Pension Plan benefits might be a good idea, but just not now. The Canadian Federation of Independent Business thinks it might never be a good idea and has launched a national campaign against the reform. Continue reading
Canada / Employment little changed and the unemployment rate remained at 6.9% in October
Editor’s Note: At 6,9%, the unemployment rate is down by -0.5 pp since last year. But this is due to the -0.4 pp drop in the participation rate as the employment-to-population ratio is down by -0.1. This is hardly the picture of a dynamic labour market. Continue reading
US / Gallup’s measured payroll to population rate increases slightly in october
The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, rose slightly to 43.8% in October, from 43.5% in September. P2P in 2013 continues to lag behind 2012; P2P last month is down almost two percentage points from the 45.7% found in October 2012. via U.S. Payroll to Population Rate Increases Slightly in … Continue reading
Novartis / To Cut 500 Jobs
Novartis AG (NOVN) plans to close two sites in Europe, move staff from California to the Boston area and cut about 500 jobs in an effort consolidate its research operations, especially in respiratory diseases. Novartis plans to close sites in Horsham, England, and Vienna and move cancer research from Emeryville, California, to Cambridge, Massachusetts, Eric … Continue reading
Canada Job Grant / It is misleading say unions calling for new monies for it
Labour organizations, including the Ontario Federation of Labour, Unifor, and CUPE-Ontario are calling on the federal government to find new monies for the Canada Jobs Grant, instead of absorbing funds earmarked for crucial training and employment services. The labour organizations are raising their concerns in advance of a November 8 meeting of Federal Minister of … Continue reading
US / ADP’s numbers: 130,000 private-sector jobs added in October, the smallest gain since April
Business hiring slowed this month with the private sector adding just 130,000 net new jobs as the partial government shutdown hit an already weakening labor market, payroll processor ADP said Wednesday. The figure was below the 150,000 average monthly job growth in the sector over the previous year as the hiring in the service sector … Continue reading
Conference Board International Labor Comparisons / Labor Markets Remain Stable in Many Advanced Economies – MarketWatch
Labor markets remain stable in many advanced economies, according to unemployment rates and employment growth data compiled and standardized by The Conference Board International Labor Comparisons (ILC) program for September. The unemployment rate in September was unchanged in four of the nine countries compared. Unemployment decreased in three countries – U.S., Japan and Australia. Japan … Continue reading
Job Search Tips / Interview with an employer that isn’t at the top of your list
This will give you an opportunity to practice your interviewing skills Continue reading
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