Job Market Monitor
In the News
Germany / As many as 3 million people earn less than €6 ($7.90) per hour
As many as 3 million people in Europe’s top economy earn less than €6 ($7.90) per hour, meaning Germany has one of the biggest shares of low-wage jobs in Europe, a fact that Merkel’s critics have jumped on in the campaign Continue reading
Canada / “I want to see First Nations programs based around jobs” – Chief Clarence Louie
In 2007, Chief Clarence Louie, the no-nonsense leader of British Columbia’s Osoyoos Indian Band, was appointed to a five-person federal panel reviewing the operations of the Correctional Service of Canada. There was much that troubled him, as he toured federal penitentiaries. He was distressed, but hardly surprised, by the overrepresentation of First Nations and other … Continue reading
STX Finland / 700 jobs cut
Ship builder STX Finland says it will shut down the yard where some of the world’s largest cruise liners were built Continue reading
Air France / New massive job cuts to come
The French airline Air France is putting together a new personnel-reorganization plan that includes the elimination of around 3,000 additional jobs throughout the company. The exact number of jobs to be cut will be announced in early October Continue reading
Education in US / Most States’ School Funding Tumbles Since Recession
More than two-thirds of U.S. states are spending less per child on schools than they were five years ago, a study found, showing how slowly governments are replacing funding that was cut because of the recession Continue reading
Good Times at the Top writes Krugman
We’re not talking about the rise of a broad class of highly educated workers, we’re talking about a tiny elite Continue reading
DC / Mayor Gray vetoes ‘living wage’ bill
Mayor Vincent C. Gray vetoed legislation Thursday that would force the District’s largest retailers to pay their workers significantly more Continue reading
The fith anniversary of the day that Lehman Brothers collapsed / Charts You Need To See
Here are charts that capture the scope and struggles of the Great Recession, five years after it began Continue reading
The 10 nations with the highest total number of millionaire households
These countries were then compared to countries with the highest numbers of households with more than $100 million in AuM, as well as each country’s GDP Continue reading
UK / Cabinet secretary to lead review of youth job program
The review is an implicit admission that the Youth Contract, launched in 2011 with great fanfare by Mr Clegg, deputy prime minister, has not worked Continue reading
Canada / The Jobs Gap for Immigrants
Immigrants are less likely to have a job than their Canadian-born counterparts, according to Statistics Canada data Continue reading
US / Where Job Growth Will Come Over This Decade
A look at the industries expected to generate the most job growth in the next seven years Continue reading
Philippines’ Job Market / Tri-partite coalition needed says World Bank
Citing the country’s stellar economic growth and political stability, the World Bank said implementing reforms needed to address lack of jobs in the country is now Continue reading
US / Unemployment Gap between rich at widest levels
US – Rates of unemployment for the lowest-income families — those earning less than $20,000 — have topped 21 per cent. Households with income of more than $150,000 a year have an unemployment rate of 3.2 per cent Continue reading
US / Expected Retirement Age Continues to Rise
In 2013, 22 percent of all workers planned to postpone their retirement Continue reading
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