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Job Report in Canada, January 2018 – Employment fell by 88,000 and unemployment increased to 5.9%
Following two months of increases, employment fell by 88,000 in January. Part-time employment declined (-137,000), while full-time employment was up (+49,000). At the same time, the unemployment rate increased by 0.1 percentage points to 5.9%. On a year-over-year basis, employment grew by 289,000 or 1.6%. Gains were driven by increases in full-time work (+414,000 or +2.8%), while there were fewer people working part time … Continue reading
Apprenticeship in US – “So, what are you doing next year?”
As employers lament a shortage of skilled workers, families bemoan the cost of higher education, and high schools struggle to prepare students for college and career, one solution is gaining steam: youth apprenticeship. “So, what are you doing next year?” It’s a common question American high school students face from teachers, neighbors, their friends, and … Continue reading
Immigration in the US – Frequently Requested Statistics
How many immigrants reside in the United States? More than 43.7 million immigrants resided in the United States in 2016, accounting for 13.5 percent of the total U.S. population of 323.1 million, according to American Community Survey (ACS) data. Between 2015 and 2016, the foreign-born population increased by about 449,000, or 1 percent, a rate … Continue reading
Overeducation in Europe – Its rise is by no means a universal pattern
After analysing the time-series data, the study finds that while overeducation tends to rise over time in a number of European countries, this is by no means a universal pattern. Overeducation was found to be static and had even declined in some European countries. Indeed, a positive finding was that overeducation had not risen in … Continue reading
Wages in US – Why pay has lagged behind
With the nationwide unemployment rate at 4.1 percent, the lowest since 2000, economists have been surprised by the slow growth in workers’ paychecks. Historically, when that few people are unemployed, companies have had to pay more to attract workers — simple supply and demand. But maybe competition for workers isn’t quite as intense as the … Continue reading
Job Report in US, January 2018 – Employment increased by 200,000, unemployment rate was unchanged and hourly earnings up by 2.9 percent
Total nonfarm payroll employment increased by 200,000 in January, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in construction, food services and drinking places, health care, and manufacturing. Household Survey Data In January, the unemployment rate was 4.1 percent for the … Continue reading
Retiring Early and Living Longer – Men responding to the early retirement offer were 2.6 percentage points less likely to die over the next five years
You may not need another reason to retire early, but I’ll give you one anyway: It could lengthen your life. That’s the thrust from various research in recent years, and also from a 2017 study in the journal Health Economics. In that study, Hans Bloemen, Stefan Hochguertel and Jochem Zweerink — all economists from the … Continue reading
STEM Workforce in US – Has grown 79% since 1990
Employment in science, technology, engineering and math (STEM) occupations has grown 79% since 1990, from 9.7 million to 17.3 million, outpacing overall U.S. job growth. There’s no single standard for which jobs count as STEM, and this may contribute to a number of misperceptions about who works in STEM and the difference that having a … Continue reading
Universal Basic Income in Finland – It’s unrealistic to think that basic income will be implemented in this country says the pilot’s director
In the winter of 2015, the government, which is dominated by the right-leaning Centre Party, announced a formal study, run by Kela, to see if basic income was viable. The public adored the idea. In national polls, almost 70 percent of Finns supported it. Asked what level of income would be sufficient, on average they … Continue reading
Job Vacancies in Canada, QIII 2017 – 468,000, up 15.1% (62,000) in one year
Canadian businesses reported 468,000 job vacancies in the third quarter, up 62,000 (+15.1%) from the third quarter of 2016. The overall job vacancy rate increased 0.3 percentage points to 2.9% in the quarter. The job vacancy rate represents the number of job vacancies expressed as a percentage of labour demand; that is, the sum of all occupied and vacant jobs. Vacancies for permanent … Continue reading
Job Report in Europe, November 2017 – Unemployment at 8.7% with 3.698 million young persons unemployed
The euro area (EA19) seasonally-adjusted unemployment rate was 8.7% in November 2017, down from 8.8% in October 2017 and from 9.8% in November 2016. This is the lowest rate recorded in the euro area since January 2009. The EU28 unemployment rate was 7.3% in November 2017, down from 7.4% in October 2017 and from 8.3% … Continue reading
Job Report in US, December 2017 – Employment increased by 148,000 and unemployment rate was 4.1 percent for the third consecutive month
Total nonfarm payroll employment increased by 148,000 in December, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care, construction, and manufacturing. Household Survey Data In December, the unemployment rate was 4.1 percent for the third consecutive month. The number of unemployed … Continue reading
Job Report in Canada, December 2017 – Unemployment rate at 5.7%, the lowest since comparable data became available in January 1976
Employment increased for a third consecutive month, up 79,000 in December. The unemployment rate continued on a downward trend, decreasing by 0.2 percentage points to 5.7%, the lowest since comparable data became available in January 1976. The employment increase in December was concentrated in part-time work, which rose by 55,000. The additional employment in December builds on growth observed in October … Continue reading
Qualifications Frameworks – A global inventory
This two-volume publication gives an update on the national qualification frameworks around the world. It provides information on national and regional developments as well as selected themes. It is the result of collaborative work between Cedefop, ETF, UNESCO and the UNESCO Institute for Lifelong Learning. The 2017 Global Inventory provides some important insights into the … Continue reading
Future of Jobs – Views about robots and artificial intelligence, Sweden vs US
Eighty percent of Swedes express positive views about robots and artificial intelligence, according to a survey this year by the European Commission. By contrast, a survey by the Pew Research Center found that 72 percent of Americans were “worried” about a future in which robots and computers substitute for humans. In the United States, where … Continue reading
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