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World Populations on New Year’s Day (2024) – 4.3 births and 2.0 deaths are expected worldwide every second
As we wrap up 2023, the projected world population on Jan. 1, 2024, is 8,019,876,189, an increase of 75,162,541 (0.95%) from New Year’s Day 2023. During January 2024, 4.3 births and 2.0 deaths are expected worldwide every second. Chosen excerpts by Job Market Monitor. Read the whole story @ Census Bureau Projects U.S. and World … Continue reading
Minimum Wages in US – Twenty-two states will increase theirs on January 1 for nearly 10 million workers
On January 1, 22 states will increase their minimum wages, raising pay for an estimated 9.9 million workers. In total, workers will receive $6.95 billion in additional wages from state minimum wage increases. In addition, 38 cities and counties will increase their minimum wages on January 1 above their state’s wage floors, adding to the … Continue reading
Canada – The highest population growth rate in any quarter since the second quarter of 1957 (+1.2%)
Canada’s population was estimated at 40,528,396 on October 1, 2023, an increase of 430,635 people (+1.1%) from July 1. This was the highest population growth rate in any quarter since the second quarter of 1957 (+1.2%), when Canada’s population grew by 198,000 people. At the time, Canada’s population was 16.7 million people, and this rapid … Continue reading
Productivity and Aging – Aging economies are not puzzling from a theoretical perspective
Due to population aging, GDP growth per capita and GDP growth per working-age adult have become quite different among many advanced economies over the last several decades. Countries whose GDP growth per capita performance has been lackluster, like Japan, have done surprisingly well in terms of GDP growth per working-age adult. Indeed, from 1998 to … Continue reading
Canada – GDP per-capita declined for a fifth straight quarter writes RBC
With population growing rapidly, per-capita growth rates continue to look substantially softer – GDP per-capita declined for a fifth straight quarter in Q3, consistent with a drift higher in the unemployment rate since the spring. Chosen excerpts by Job Market Monitor. Read the whole story @ RBC Royal Bank
Working Wives and Husbands in US – Husbands spend about 28 hours per week on leisure
Employed, married Americans spend an average of 27 hours on leisure activities in a typical week. But the amount of time they spend on leisure – and the types of leisure activities they do – differ significantly by gender. Among employed U.S. adults who are ages 25 to 64 and married, husbands spend about 28 … Continue reading
AI Digital Skills in UK – Microsoft to train 1 million people
Microsoft is expanding its UK skilling program, Get On, aiming to equip 1 million people with the skills needed to thrive in the AI-enabled economy. Expanding Microsoft’s skills commitment Speaking at Microsoft’s Envision UK event, Clare Barclay, CEO of Microsoft UK, said: “The UK has a very real opportunity to be a leader in the … Continue reading
Employment in EU (2023 edition) – Labour markets have demonstrated remarkable resilience in 2022
In the light of the importance of skills for the EU economy and the European Year of Skills, the 2023 annual Employment and Social Developments in Europe (ESDE) review, entitled “Addressing labour shortages and skills gaps in the EU”, provides evidence on persistent labour shortages and changing skills needs in the EU. The report considers … Continue reading
Vanishing Workforce in Minnesota – Reskilling and upskilling employees into greater value-added tasks
Across the US, populations are aging, and talent pools are shrinking. Minnesota is no exception. The state’s 12,000 lakes will be no match for the impending Demographic Drought brought about by declining fertility rates, an aging population, rising retirements, and falling net migration. Minnesota is struggling more than nearly all other states. In June … Continue reading
Canada – Record population growth masks slower economic conditions
Population growth at July 1st (3.0%) marked the highest rate recorded over a 12-month period since 1957. Net international migration accounted for nearly 98% of the growth. Over the past decade, Canada’s pace of population growth has eclipsed much of the world, exceeding India, China, Central and South America, the U.S., and Europe. If this … Continue reading
Higher Education in Québec – OECD’s review
Québec is mobilised to become an innovation and entrepreneurial leader in North America, giving higher education institutions (HEIs) a central role in this drive. HEIs are pivotal in developing skills and nurturing talent, connecting and contributing to their communities, including firms, public authorities and civil society. The Stratégie québécoise de recherche et d’investissement en innovation … Continue reading
Artificial Intelligence (AI) – Tasks will be augmented, not automated
Despite technological strides forward, this year’s Future of Jobs report suggests that businesses are becoming more sceptical about the potential for artificial intelligence to fully automate work tasks. Executives estimate that 34% of tasks are already automated – just one percentage point ahead of the figure reported in the Future of Jobs Report 2020. Future … Continue reading
Skills Training UK – An award winning training provider close to collapse
A decision on the future of the business is expected next week with more than 200 jobs at risk. Staff were told not to come into work in the meantime. A high-profile independent training provider, Skills Training UK, is close to collapse, FE Week understands. The national provider, which has centres across the West Midlands, … Continue reading
Climate Change and Migration – Not simple (a podcast)
Climate migration sounds simple. It is not. MPI’s Lawrence Huang answers some of the most common questions around one of the least understood dynamics in human movement. Source: Media: Climate Migration 101 | migrationpolicy.org
Inactivity among Older People in UK – Creating a healthy labour market
Over recent years, the number of people in the UK who are economically inactive has risen sharply. In total there are 440,000 more people who are neither in work nor looking for work now than there were before the Covid-19 pandemic began. This has been largely driven by an increase in the numbers of older … Continue reading
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