Job Market Monitor
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US – Americans have increasingly positive perceptions of the job market and what it offers
Americans have increasingly positive perceptions of the job market and what it offers. In 2012, an average of 19% of people said it was a good time to find a quality job. For the first three quarters of 2016, an average of 42% said the same. Among those in the labor force (employed, unemployed or … Continue reading
Italy – 85,000 people applied for 30 jobs at a bank
Italy’s chronic unemployment problem has been thrown into sharp relief after 85,000 people applied for 30 jobs at a bank – nearly 3,000 candidates for each post. With youth unemployment nudging close to 40 per cent and the overall level at 11 per cent, steady jobs are in great demand. But even the managers at … Continue reading
Summer Jobs – Forty years ago, nearly 60% of U.S. teenagers were working or looking for work. Last year, just 35% were
“It is getting harder to find students that will work,” says Toby Wolf, director of marketing at the boardwalk. “Each year it’s getting harder and harder. None of us has been able to pinpoint why. Is it a change in society as a whole?” The numbers are not encouraging. Forty years ago, nearly 60% of … Continue reading
Bombardier – To cut up to 2,200 jobs in Germany
Canada’s Bombardier will cut up to 2,200 jobs in Germany, or around a quarter of its workforce in the country, by 2020 as part of a sweeping savings plan, Bombardier Transportation’s supervisory board Chairman Wolfgang Toelsner said. There are no plans for plant closures, he told journalists at a news conference on Thursday. Bombardier said … Continue reading
Rolls-Royce – Investment to protect 7,000 jobs
Rolls-Royce has pledged to protect 7,000 engineering jobs in the east Midlands as part of a £150m investment, its largest single outlay in the UK for more than a decade. The engineering firm struck a deal with trade unions that will safeguard work for nearly a third of its 22,300-strong UK workforce for five years, … Continue reading
Higher Education and Job in India – 27 Grads for each new job
The discourse on jobs has captured popular imagination in recent months. The availability of reliable data on employment in India, on the other hand, has always been sparse but we have culled out data from various government surveys (Labour Bureau, National Sample Surveys), from the Central Bank, the IT industry body and others to arrive … Continue reading
Higher Education in US – Eight economic facts
The higher education sector itself is an important piece of the U.S. economy. In the fall of 2013, institutions of higher education that participated in Title IV federal financial aid programs employed almost 4 million people. The higher education sector also confers a large advantage to the United States in the global market for talent. … Continue reading
Overqualified Grads in US – 25 percent in 2015 based on a “good-fit jobs” approach
Recent studies have claimed that as many as 48 percent of college graduates are overqualified for the jobs they have, but this figure seems inconsistent with their comparatively higher earnings relative to earnings of workers without a college degree. To obtain that high mark, those studies classify many occupations that pay well as being a … Continue reading
Dual Apprenticeship in Germany – The employment advantage of youth reverses over time and disappears around age 50
Vocationally-trained workers with relatively narrow skills face a harsher labor market with time as the nature of production changes. The employment advantage of German youth with vocational as compared to general education reverses over time and disappears around age 50, according to a study I conducted along with an international team. At that point, even … Continue reading
Labor Mobility in US – Switching employers or shifting in and out of the workforce has been declining
The median number of years that wage and salary workers in the U.S. have been with their current employer was 4.2 when the Bureau of Labor Statistics last checked in January 2016. That’s higher than at any time in the 1980s or ’90s. The percentage of Americans switching employers or shifting in and out of … Continue reading
Truckers – A yearlong investigation by the USA TODAY Network
A yearlong investigation by the USA TODAY Network found that port trucking companies in southern California have spent the past decade forcing drivers to finance their own trucks by taking on debt they could not afford. Companies then used that debt as leverage to extract forced labor and trap drivers in jobs that left them … Continue reading
Veterans in Canada – (73%) who worked since their release also reported that their military experiences, education and training helped them in their civilian careers
Military experience, education and training help Veterans find civilian employment Many Veterans found themselves working in jobs that used the knowledge and skills they acquired from their military service. Just over half of the Veterans (51%) who worked at a civilian job or ran a business reported that the knowledge and skills they used on … Continue reading
Immigration in Canada – The first 15 Express Entry draws of 2017 (47,876) exceed by far those of 2016 (16,033)
The first 15 Express Entry draws of 2017 have seen 47,876 Invitation to Apply (ITAs) issued to candidates in the pool. This number far exceeds the 16,033 ITAs issued over the first fifteen draws of 2016, and also surpasses the total number of candidates invited in all of 2016. Seven of the 15 Express Entry … Continue reading
Cashiers, The Future of Work and Amazon’s purchase of Whole Foods
Amazon’s $13.4 billion purchase of Whole Foods, announced Friday, could speed that vision along. Amazon has already made shopping for almost everything involve spending less time waiting, doing work or interacting with people, and now it could do the same for groceries. It’s already trying with a store in Seattle, Amazon Go, that has no … Continue reading
Job Vacancy in EU, QI 2017 – 1.9%, up from 1.7%
The job vacancy rate in the euro area (EA19) was 1.9% in the first quarter of 2017, up from 1.7% recorded in both the previous quarter and the first quarter of 2016, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was also 1.9% … Continue reading
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