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Job Report in US (June 2023) – Employment increased by 209,000 and unemployment changed little
Total nonfarm payroll employment increased by 209,000 in June, and the unemployment rate changed little at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in government, health care, social assistance, and construction. Household Survey Data Both the unemployment rate, at 3.6 percent, and the number of unemployed persons, … Continue reading
Canada’s population (QI, 2023) – The highest rate of growth in a first quarter since 1972
Canada’s population was estimated at 39,858,480 on April 1, 2023, an increase of 292,232 people (+0.7%) from January 1, 2023. This was the highest rate of growth in a first quarter for which comparable data are available (since 1972) and is a continuation of the higher growth rates observed over the previous four quarters. Source: The Daily — Canada’s population estimates, first quarter 2023
Immigrants and Upskill in US – Most immigrant adults lacking postsecondary credentials had education levels that should position them to obtain credentials relatively rapidly and inexpensively.
As the U.S. labor market is reshaped by technological change, aging and declines in fertility and legal immigration, there is a consensus that for the economy to grow with fewer workers, productivity will have to increase and workers will need higher levels of skills and training. In stark contrast with past trends, 80 percent of … Continue reading
Annual Working Hours in OECD Countries – A Chart
Where do people work the most? Explore our analysis of the average annual working hours across OECD countries. Source: Visualizing Annual Working Hours in OECD Countries
Canada – Employment Income in Metropolitan Areas: Many of the worst growth performers in Ontario, Montreal and Quebec on top
Summary This bulletin compares Canada’s 41 Census Metropolitan Areas (CMAS) in terms of growth in median employment income from 2008-2019. From 2008-19, median employment income growth across the 41 CMAs averaged 5.4 per cent. Many of the worst growth performers for this indicator were found in Ontario. Of the 6 CMAs that saw a decline … Continue reading
Canada Emergency Response Benefit (CERB) and Upskilling: It provided support to pursue additional education and training for new career opportunities according to recipients
CERB and other emergency pandemic programs played a critical role in mitigating the impact of large- scale employment losses in the spring and summer of 2020, notably for low- and modest-income workers. Likewise, the program helped fuel a labour market recovery and economic rebound in 2021 in a variety of ways, including, as our study … Continue reading
Job Report in US (July 2022) – Total nonfarm payroll employment rose by 528,000 and unemployment edged down to 3.5 percent
Total nonfarm payroll employment rose by 528,000 in July, and the unemployment rateedged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Jobgrowth was widespread, led by gains in leisure and hospitality, professional andbusiness services, and health care. Both total nonfarm employment and the unemploymentrate have returned to their February 2020 pre-pandemic … Continue reading
Job Cuts in US – Ford is preparing to cut as many as 8,000 jobs in the coming weeks
Ford Motor Co. is preparing to cut as many as 8,000 jobs in the coming weeks as the automaker tries to boost profits to fund its push into the electric-vehicle market, according to people familiar with the plan. Chosen excerpts by Job Market Monitor. Read the whole story @ Ford Job Cuts: 8,000 Roles Set to … Continue reading
Inflation in Canada (June 2022) – 8.1% year over year, the largest yearly change since January 1983
The rate of consumer inflation continued to rise, reaching 8.1% year over year in June, following a 7.7% gain in May. The increase was the largest yearly change since January 1983. The acceleration in June was mainly due to higher prices for gasoline, however, price increases remained broad-based with seven of eight major components rising … Continue reading
Inflation in US (May 2022) – Consumer Price Index increased 9.1 percent over the last 12 months
The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3 percent in June on a seasonally adjusted basis after rising 1.0 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment. The increase was broad-based, with the indexes for gasoline, shelter, … Continue reading
Job Report in US (June 2022) – Employment rose by 372,000 unemployment remained at 3.6 percent
Total nonfarm payroll employment rose by 372,000 in June, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, leisure and hospitality, and health care. Household Survey Data The unemployment rate was 3.6 percent for the fourth month in a row, and the … Continue reading
L’Inflation au Canada (mai 2022) – 7,7 % d’une année à l’autre, la plus forte hausse annuelle observée depuis janvier 1983
Les Canadiens ont continué à ressentir les répercussions de la hausse des prix en mai, l’inflation ayant augmenté de 7,7 % d’une année à l’autre. Il s’agit de la plus forte hausse annuelle observée depuis janvier 1983 et d’une augmentation par rapport à la hausse de 6,8 % enregistrée en avril. Sans l’essence, l’IPC a … Continue reading
Job Outlook to 2026 in Australia – Four services industries are projected to provide almost two-thirds of the total projected employment growth
The National Skills Commission (NSC) Employment Projections provide a guide to the likely direction of the jobs market over the next five years. Each year these projections are updated to reflect emerging trends and developments. The latest data available are for the five years to November 2026. Projections by industry Four services industries are projected to provide … Continue reading
Future of Work in UK – 5 qualitative scenarios
To ensure effective provision of skills in the future, it is important to assess what the future labour market in the UK might look like. While quantitative projections are available, the future of the labour market is shaped by many factors, which are often characterised by great uncertainty. This can make planning effective policy intervention … Continue reading
Lettre au Devoir – Pour un permis de travail temporaire du Québec
par Michel Cournoyer, économiste, éditeur du Job Market Monitor / Moniteur de l’emploi Le gouvernement du Québec prévoit que plus de 30 000 personnes utiliseront le chemin Roxham pour entrer de façon « irrégulière » au Canada en 2022. Une part importante de ces personnes se retrouvent à l’aide sociale en attendant de recevoir leur … Continue reading
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