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Job Report in Europe, June 2018 – Euro area unemployment at 8.2% EU28 at 6.8% with 3.325 million young persons
The euro area (EA19) seasonally-adjusted unemployment rate was 8.2% in July 2018, stable compared with June 2018 and down from 9.1% in July 2017. This is the lowest rate recorded in the euro area since November 2008. The EU28 unemployment rate was 6.8% in July 2018, down from 6.9% in June 2018 and from 7.6% … Continue reading
Workforce Development with Sectoral Initiatives Program in Canada – A high levels of stakeholder engagement
Alignment with priorities and needs The Program is aligned with the priorities and strategic outcomes of the Government of Canada and Employment and Social Development Canada. The Program aligns with the Minister of Employment, Workforce Development and Labour’s Mandate Letter, which tasks the Minister with ensuring “Canadians get the skills they need for good quality … Continue reading
The Working Poors in US – Top employers
The new data showing Amazon employees’ extensive reliance on SNAP 9Supplemental Nutrition Assistance Program, the federal anti-poverty program formerly known as food stamps) demonstrates an additional public cost of the corporation’s rapid expansion. Even as generous subsidies help its warehouses turn a profit, its workers still must turn to the federal safety net to put … Continue reading
Work-Based Learning (WBL) – Does it facilitate transitions to decent work?
This paper examines the different forms of work-based learning, and takes stock of available data on the labour market impact such schemes where they exist. It considers structured apprenticeships, internships, traineeships and other programmes that include a work-based learning component. The paper finds evidence of positive impacts of formal structured work-based learning, and argues that … Continue reading
Express Entry in Ontario – Cut-off scores as low as 350 and candidates targeted in this draw were required to have a job offer in Ontario
A new targeted draw through Ontario’s Human Capital Priorities Stream on August 9 issued 947 invitations to Express Entry candidates with Comprehensive Ranking System scores as low as 350. The Ontario Immigrant Nominee Program says the Comprehensive Ranking System (CRS) score range for this latest draw was 350 to 439 and those issued Notifications of … Continue reading
Job Vacancies in Canada – New heights CFIB finds
The rate of job vacancies rose again in the year’s second quarter to 3.1 per cent, the highest vacancy rate ever observed by the Canadian Federation of Independent Business (CFIB)’s Help Wanted report since the series’ inception in 2004. An estimated 397,400 jobs have sat vacant for at least four months. “Although the national vacancy … Continue reading
The Future of Work – New technologies are first and foremost tools made by people for people
Professor Klaus Schwab, author of The Fourth Industrial Revolution, calls for leaders and citizens to “together shape a future that works for all by putting people first, empowering them and constantly reminding ourselves that all of these new technologies are first and foremost tools made by people for people.” Humans must be proactive in shaping this technology … Continue reading
VET in Finland – No dead ends
Vocational education is having a moment in the United States.One place to look for inspiration may be Finland. The country’s vocational education and training (VET) is flexible and open not only to students after they complete nine years of school, but also to adults who are either looking for a career change or want to … Continue reading
Job Report in Canada, July 2018 – Employment rose by 54,000, unemployment rate declined to 5.8%
Employment rose by 54,000 in July, driven by gains in part-time work. The unemployment rate declined by 0.2 percentage points to 5.8%. In the 12 months to July, employment grew by 246,000 (+1.3%). These gains were largely the result of growth in full-time work (+211,000 or +1.4%). Over this period, the total number of hours worked rose by 1.3%. Highlights Ontario, British Columbia and Newfoundland and … Continue reading
Internship in US – Top 100 Programs in 2018
These 100 companies were voted the 100 best internship programs in the U.S. by a panel of industry expert judges and thousands of public votes. Congratulations to the #1 internship program winner, KPMG. Chosen excerpts by Job Market Monitor. Read the whole story at Top 100 Internship Programs — National Intern Day
Older Workers in US – Some 10 million live at or below the poverty level of $11,800
Some 10 million people over 50 in the U.S. live at or below the annual federal poverty level of $11,800, with another 37 million at risk. No dreams of a beach retirement here. Even among the employed, more than 13.2 million low-income older adults don’t make enough money to meet their expenses despite working steadily. … Continue reading
Wage Growth in US – For most, real wages have barely budged for decades
Despite the strong labor market, wage growth has lagged economists’ expectations. In fact, despite some ups and downs over the past several decades, today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago. And what wage gains there have been have mostly … Continue reading
Social Mobility in US – Fewer are making more than their parents did
One of the most striking social science findings of recent years is that only half of today’s 30-year-olds earn more than their parents. Raj Chetty and his coauthors showed that rates of absolute mobility—that is, the share of children with higher inflation-adjusted incomes than their parents—declined from around 90 percent for children born in 1940 … Continue reading
Basic Income Pilot Project in Ontario – Decision to scrap it made before any results could be gleaned
Premier Doug Ford’s decision to scrap Ontario’s basic income pilot project was made before any results could be gleaned from the program, making it impossible to determine whether it was a success. That’s the opinion of at least one researcher who was on the academic team assembled to study the results of the three-year, $150-million program that launched … Continue reading
Job Report in US, July 2018 – Employment rose by 157,000 and unemployment down to 3.9 percent
Total nonfarm payroll employment rose by 157,000 in July, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, in manufacturing, and in health care and social assistance. Household Survey Data In July, the unemployment rate edged down by 0.1 percentage … Continue reading
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