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Wages in US – Man working full-time, year-round earned less in 2014 than in 1973 in real terms
The typical man with a full-time job–the one at the statistical middle of the middle–earned $50,383 last year. The typical man with a full-time job in 1973 earned $53,294, measured in 2014 dollars to adjust for inflation. You read that right: The median male worker who was employed year-round and full time earned less in … Continue reading
Jobless Claims in US – Near 42-year low
The number of Americans filing for unemployment benefits fell more than expected last week, nearing a 42-year low as labor market conditions continued to tighten in a boost to the economy.Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 267,000 for the week ended Dec.19, not far from levels last seen in … Continue reading
Job Search – Lack of broadband can be a key obstacle
People without broadband at home can face substantial challenges navigating key life events, with difficulties looking for work or applying for a job among the most prominent. Despite a number of state and federal initiatives promoting increased broadband adoption, a significant share of U.S. adults (33%) say that they still do not subscribe to high-speed … Continue reading
US – How tight does the labor market have to get before wages really start heating up?
How tight does the labor market have to get before wages really start heating up? In Lincoln, Neb., average hourly earnings were stagnant until the unemployment rate crossed below 2.5% in the fall of 2014. Then, wages took off. Since last October, they gained as much as 10.9% from a year earlier. The jobless rate … Continue reading
Pension Plans in Canada – Funding decline in 2015
Canadian pension plans saw their funding decline in 2015 and are facing a rocky outlook for 2016 that could make it difficult to recoup their losses. A review of 449 Canadian pension funds by consulting firm Aon Hewitt shows the average pension plan’s solvency position fell to 87.6 per cent as of Dec. 16, a … Continue reading
Aging Canada – No choice but to adapt to slower domestic growth David K. Foot says
The entry of the massive baby boomer generation into the Canadian work force over the 1960s and 1970s resulted in rapid work force and economic growth, rising unemployment and increasing inflation. Their exit over the next 20 years will have the opposite effects: slow work force and economic growth, falling unemployment and reduced inflation (possibly … Continue reading
Job Vacancy Rate In The Euro Area – 1.6% (2015,Q3)
The job vacancy rate in the euro area (EA19) was 1.6% in the third quarter of 2015, down from 1.7% in the previous quarter, but stable compared with the third quarter of 2014, according to figures published by Eurostat, the statistical office of the European Union. The job vacancy rate in the EU28 was 1.7% … Continue reading
Toshiba – To cut 7,000 jobs in PC and TV units
Japan’s Toshiba Corp (6502.T) said on Monday it will cut nearly 7,000 consumer electronics jobs after a $1.3 billion accounting scandal, in an overhaul that will streamline the sprawling conglomerate into a company focused on chips and nuclear energy. Toshiba also said it would sell its television manufacturing plant in Indonesia, and that eventual job … Continue reading
Global Extreme Poverty – Less than 10 percent for the first time World Bank says
The World Bank provided some relief from bad news this week with some fresh, positive data: For the first time ever, it estimates that the number of people around the world living in extreme poverty will fall below 10 percent. Using an updated international poverty line of USD $1.90 a day, the Bank estimated that global poverty has fallen from … Continue reading
16 Career paths that may best fit specific personality traits (Infographic)
There are a ton of different personality tests out there and you might already be familiar with some of them. You may already know you’re an INFP or an ENTP, based on the Myers-Briggs personality assessment. Many workplaces do this personality testing as a part of professional development, enabling coworkers to better understand and communicate … Continue reading
UK Job Report (October 2015) – The employment rate has reached a record high
There were 31.30 million people in work, 207,000 more than for May to July 2015 and 505,000 more than for a year earlier. There were 22.88 million people working full-time, 338,000 more than for a year earlier. There were 8.42 million people working part-time, 167,000 more than for a year earlier. The employment rate (the … Continue reading
Internship in Magazines In New York City – A Testimony
In fall 2013, I began applying for several magazine internships in New York hoping I’d land at least one of them. I mean, I was constantly looking on ED2010 for the latest posting and one day, I applied for the Good Housekeeping Magazine Editorial Internship. To my surprise, I received an e-mail about a phone … Continue reading
Gender Gap in Latin America – Greater women’s equality in would unlock $1 trillion McKinsey says
Women have won five presidential elections in Latin America—an impressive feat. Yet much more still needs to be done to advance women’s equality in the region. The economic benefits alone would be huge—by our calculations more than $1 trillion over the next decade. At a time when many Latin American economies are struggling, that’s too … Continue reading
Job Markets – 10 Predictions for 2016
Here’s where the jobs will be—and what skills you’ll need to get them 1. There will be more lower-level health care jobs. 2. Job opportunities in immigration will increase. 3. Law enforcement jobs will be easier to get. 4. More companies will provide entertainment experiences. 5. More jobs will require analyzing Big Data. 6. There … Continue reading
The Skills Gap, Higher Education and the Workplace Readiness – The broken link
96% of Chief Academic Officers rate their institution as very / somewhat effective at preparing students for the world of work. 14% of Americans strongly agree that college graduates in this country are well-prepared for success in the workplace. 11% of business leaders strongly agree that graduating students have the skills ans competencies their business … Continue reading
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