Job Market Monitor
In the News
COVID-19 and UI Weekly Claims in US – From 282,000 to 3,283,000, an increase of 3,001,000
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS SEASONALLY ADJUSTED DATA In the week ending March 21, the advance figure for seasonally adjusted initial claims was 3,283,000, an increase of 3,001,000 from the previous week’s revised level. This marks the highest level of seasonally adjusted initial claims in the history of the seasonally adjusted series. The previous high was … Continue reading
COVID-19 and School Closures around the World – 1.37 billion students, nearly 80% of the world’s student population, now at home
As school closures impact nearly 80% of the world’s student population, UNESCO on Monday convened an online meeting of an ad hoc group of education ministers who shared information about scaled-up measures deployed in their countries to support teachers, parents and students in coping with home learning. They also pointed to emerging challenges that require … Continue reading
COVID-19 in Canada – The new Canada Emergency Response Benefit
The new Canada Emergency Response Benefit We will provide a taxable benefit of $2,000 a month for up to 4 months to: workers who must stop working due to COVID19 and do not have access to paid leave or other income support. workers who are sick, quarantined, or taking care of someone who is sick … Continue reading
COVID-19 in US – Economy will experience a quick rebound says former Federal Reserve chairman Ben Bernanke
Former Federal Reserve Chairman Ben Bernanke also said Wednesday the U.S. economy will experience a quick rebound after a “very sharp” recession. “If there’s not too much damage done to the workforce, to the businesses during the shutdown period, however long that may be, then we could see a fairly quick rebound,” Bernanke told CNBC’s … Continue reading
COVID-19 en France – Comment s’articulent allocation chômage et activité partielle
Comment s’articulent allocation chômage et activité partielle ? Ce sont deux dispositifs autonomes qui peuvent pourtant se combiner, voire se cumuler. Pôle emploi répond à vos interrogations, que vous soyez inscrit comme demandeur d’emploi, ou pas, en cours d’indemnisation, ou non. COMMENT FONCTIONNE L’ACTIVITÉ PARTIELLE ? L’activité partielle, appelé aussi « chômage partiel », est un dispositif … Continue reading
COVID-19 in US – Maps on how states are responding
States have enacted a wide range of policies in an effort to “flatten the curve” and address the economic effects of the novel coronavirus. While all 50 states have declared states of emergency, giving governors emergency powers, the policy response from states has been wide-ranging. Chosen excerpts by Job Market Monitor. Read the whole story @ How … Continue reading
COVID-19 – Analyzing the trends in one chart
Chosen excerpts by Job Market Monitor. Read the whole story @ U.S. Coronavirus Outlook: Is This The End Of The Beginning?
COVID-119 Economic Impacts – At least as bad as Great Recession, says IMF
The International Monetary Fund said it expects a global recession this year that will be at least as bad as the downturn during the financial crisis more than a decade ago, followed by a recovery in 2021. Nearly 80 countries have asked the Washington-based IMF for emergency finance, Managing Director Kristalina Georgieva said in a … Continue reading
COVID-19 – Leading economists urge governments to bring out the ‘big artillery’
Leading economists urge governments to bring out the ‘big artillery’ to fight the economic fallout caused by the COVID-19 pandemic. Unconventional policy options such as ‘helicopter money’ should be on the table, they argue. Governments will need to reduce personal and corporate bankruptcies, ensure people have money to keep spending even if they’re not working, … Continue reading
COVID-19 in Canada – The impact on the labour market
The Bottom Line… • Global economy will feel the effects of COVID-19—a recession is likely in many countries • Canada and the United States went into February 2020 on a solid footing but things have deteriorated precipitously • Economic impact will depend entirely on our success (in Canada and the United States) at containing the … Continue reading
Unemployment Insurance in US – State reserves are not adequate before COVID-19
The federal-state unemployment insurance (UI) system pays temporary partial earnings replacement to involuntarily unemployed applicants while they are actively seeking reemployment. The UI system is an automatic stabilizer for state economies, injecting spending from benefit payments quickly in economic downturns, and withdrawing spending during business recoveries because of fewer beneficiaries and higher tax contributions. There … Continue reading
COVID-19 – Top 10 countries compared in charts
The big question is which figure is a more realistic representation of today’s picture of each country? Each figure we’ll look at compares the top 10 countries with the most confirmed coronavirus cases to date. The plot begins when each country hits 1 confirmed coronavirus case per million residents. As you can see the United … Continue reading
COVID-19 in US Viewed from the FED – Unemployment may soar to 30%
Federal Reserve Bank of St. Louis President James Bullard predicted the U.S. unemployment rate may hit 30% in the second quarter because of shutdowns to combat the coronavirus, with an unprecedented 50% drop in gross domestic product. Bullard called for a powerful fiscal response to replace the $2.5 trillion in lost income that quarter to … Continue reading
COVID-19 and Teachers – A temporary hub of information and tools by GOOGLE and UNESCO
A temporary hub of information and tools to help teachers during the coronavirus (COVID-19) crisis. Set up your home for video calling Find a location with strong WiFi signal, find a clear background and ensure plenty of natural light. When using webcam, turn your camera off to reduce lag. Start a video call with your … Continue reading
Forecast for US GDP – 14% Q2 drop says JP Morgan
The U.S. economy could shrink 4% this quarter and 14% next quarter, and for the year is likely to shrink 1.5%, a JP Morgan economist said on Wednesday, in one of the most dire forecasts yet issued for the potential hit from the coronavirus epidemic. U.S. chief economist Michael Feroli also forecast unemployment to rise … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 