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Job Report in US, October 2017 – Total nonfarm payroll employment rose by 261,000 and unemployment down to 4.1 percent
Total nonfarm payroll employment rose by 261,000 in October, and the unemployment rate edged down to 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment in food services and drinking places increased sharply, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, job gains also occurred in professional … Continue reading
Unemployment in Europe, September 2017 – 8.9%, down from 9.0% in August with 3.735 million young persons (under 25)
The euro area (EA19) seasonally-adjusted unemployment rate was 8.9% in September 2017, down from 9.0% in August 2017 and from 9.9% in September 2016. This is the lowest rate recorded in the euro area since January 2009. The EU28 unemployment rate was 7.5% in September 2017, stable compared to August 2017 and down from 8.4% … Continue reading
Occupational Outlook in US – Total employment is projected to grow by 11.5 million jobs over the 2016–26 decade, reaching 167.6 million jobs in 2026
Employment is projected to increase by 11.5 million over the 2016-26 decade, an increase from 156.1 million to 167.6 million, the U.S. Bureau of Labor Statistics reported today. This growth–0.7 percent annually–is faster than the 0.5 percent rate of growth during the 2006–16 decade, a period heavily affected by the 2007–09 recession. Health care industries and their associated occupations … Continue reading
Immigration in Canada, 2016 Census – 21.9% of the population, close
On Census Day, 21.9% of the population reported they were or had ever been a landed immigrant or permanent resident in Canada. This proportion is close to the 22.3% recorded during the 1921 Census, the highest level since Confederation. In 2016, Canada had 1,212,075 new immigrants who had permanently settled in Canada from 2011 to 2016. These recent immigrants represented 3.5% of Canada’s total population in 2016. … Continue reading
Census 2016 in Australia – Manufacturing jobs drop 24% in five years
The number of manufacturing workers in Australia has fallen 24% over the five years to 2016, new data from the census shows. Days after the last Australian-made car rolled off the production line in Adelaide, the new data shows Australia’s manufacturing industry as a whole has seen its workforce decline from 902,829 in 2011 to … Continue reading
US – The United States is not adequately developing and sustaining a workforce with the skills needed to compete in the 21st century says the National Academies of Sciences, Engineering, and Medicine
The United States needs a skilled technical workforce to remain competitive in the global economy and to ensure that its workers participate in the nation’s economic growth. There are significant opportunities as well as major challenges in this regard. Notably, rigorous evidence indicates that the returns to investments in technical skills in the labor market … Continue reading
Workforce Development in US – Fed’s Capstone Conference 2017
Investments for workforce development require a foundation of institutional supports that will ensure accountability. This panel, representing diverse perspectives from the public, private and nonprofit sectors, will explore the institutions, policies and norms needed to establish, reinforce and facilitate new and increased investments. via Investing In America’s Workforce 2017 – YouTube
School-to-Work Transition in France – No improvement for young people with lower secondary qualifications only
Against the background of a weak economic recovery, access to employment for young people in the 2013 cohort was slightly more favourable than for the preceding cohort. In 2016, three years after they had left the education system, one young worker in five was looking for a job; in the case of those with only … Continue reading
Job Vacancies in Canada, Q2 2017 – 460,000, up 67,000 (+17.2%) from last year
The number of job vacancies totalled 460,000 in the second quarter, up 67,000 (+17.2%) from the second quarter of 2016. The overall job vacancy rate rose 0.4 percentage points to 2.9%. Increases in job vacancies were broadly based across provinces and industrial sectors. This was the third consecutive quarter with year-over-year increases in both the number of job vacancies and the job vacancy … Continue reading
Service Sector Basic Skills Gap in US – 62% of workers have limited literacy skills, and an even higher 74% have limited numeracy skills.
Across the United States, millions of men and women with limited reading, math, or digital problem-solving skills are holding down jobs across the service sector. Employed in retail shops and restaurants, hotels and hospitals, these workers not only help fuel the country’s economy — they keep daily life in America humming smoothly along. In the … Continue reading
Low unemployment is failing to spur robust increases in wages
Even as job markets are tight in many major economies, low unemployment is failing to spur robust increases in wages, leaving workers angry. In many major countries, including the United States, Britain and Japan, labor markets are exceedingly tight, with jobless rates a fraction of what they were during the crisis of recent years. Yet workers … Continue reading
Job Report in US, September 2017 – Employment down by 33,000 after hurricanes
The unemployment rate declined to 4.2 percent in September, and total nonfarm payroll employment changed little (-33,000), the U.S. Bureau of Labor Statistics reported today. A sharp employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey. Chosen excerpts by Job … Continue reading
Job Report in Canada, September 2017 – Employment and unemployment essentially unchanged
Employment was essentially unchanged in September (+10,000 or +0.1%). The unemployment rate remained at 6.2%, matching the low of October 2008. Chart Unemployment rate Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, September 2017
Euro Area, August 2017 – The unemployment rate was 9.1% with 754 million young persons unemployed under 25
The euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in August 2017, stable compared to July 2017 and down from 9.9% in August 2016. This remains the lowest rate recorded in the euro area since February 2009. The EU28 unemployment rate was 7.6% in August 2017, down from 7.7% in July 2017 and from 8.5% … Continue reading
Higher Immigration in Canada – Integration is imperative says the Conference Board
Comparing the Three Scenarios In the Status Quo scenario, real GDP grows by an average annual rate of 1.85 per cent between 2017 and 2040. Under the medium immigration scenario, the 450,000 immigrants arriving in Canada in 2040 contribute 0.45 percentage points to average annual real GDP growth of 1.94 per cent over the forecast … Continue reading
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