Job Market Monitor
In the News
Job Satisfaction – 7 in 10 employees unhappy with career opportunities, costing organisations over £16,000 per employee
Stalled progression means 70% of employees are dissatisfied with future career opportunities, leading to massive turnover costs as people pursue new options elsewhere, according to CEB, the best practice insight and technology company. Traditional, linear career paths where employees climb the corporate ladder one promotion at a time are a thing of the past, says … Continue reading
Ireland – Unemployment rate down to its lowest level since 2008
The construction and industrial sectors delivered the most new jobs as a 59,400 increase in the number of full-time posts helped bring the unemployment rate down to its lowest level since 2008. Quarterly data published by the Central Statistics Office showed Ireland’s seasonally adjusted unemployment rate dropped to 9.1 per cent in July-September this year … Continue reading
Middle East’s youth unemployment – 27 million not in education, employment, or training
Unemployment across the Middle East and North Africa (Mena) region is expected to surge in the coming years as a combination of structural and cyclical factors is adversely impacting job creation in both oil-exporting and oil-importing countries. According to a recent report ‘Re-Dynamising the Job Machine: Technology-Driven Transformation of Labor Markets in MENA’, produced jointly … Continue reading
The Old Get Richer – Financial security in advanced societies appears to increase with age
Pia Huettl, Karen Wilson and Guntram Wolff document the phenomenon in a recent paper for Brussels-based think tank Bruegel. They found that the material deprivation rate — defined as inability to afford things above basic necessity level — has increased for young people in most European countries between 2007 and 2013, but dropped for over 65s. That’s mainly due … Continue reading
Labor Force Participation in US – An increasing share of Americans outside of the labour force are not making an effort to come back
The chart below showed that 93% of those classified as “not in the labour force” in October also resided there in September. Furthermore, since this share hit its cycle-low in June 2010, there has been a clear upward trend and we are currently around historically high levels. In other words, an increasing share of Americans … Continue reading
European Refugee Surge – The labour market and fiscal impact
Europe is facing its biggest refugee inflow since World War II. Estimating the number of arrivals remains very challenging, but over one million asylum applications could be received this year in the European Union (EU), up from 630 thousand applications in 2014, with an estimated 350-450 thousand people likely to be granted refugee or other … Continue reading
Job Report in UK – Employment at record high
There were 31.21 million people in work, 177,000 more than for April to June 2015 and 419,000 more than for a year earlier. There were 22.80 million people working full-time, 273,000 more than for a year earlier. There were 8.42 million people working part-time, 146,000 more than for a year earlier. The employment rate (the … Continue reading
UK – Up to 15million jobs in Britain could be replaced by robots
Up to 15million jobs in Britain could be replaced by robots over the next twenty years – although hairdressers, carers and nannies will be safe. The apocalyptic prediction comes not from the fertile imagination of a science fiction author, but from a senior official at the Bank of England. In an extraordinary speech to trade … Continue reading
Refugees in Germany – No minimum wage suggest top economic advisers
Berlin’s top economic advisers have recommended suspending the country’s minimum wage requirement to make refugees more attractive to employers. Easing access to the job market will help them integrate quicker, they say. The German economy is strong enough to stem the costs of the refugee crisis, the country’s economic “wise men” said in their annual … Continue reading
Finning International – To cut 1,100 jobs due to weak Caterpillar sales
Canada’s Finning International Inc, the world’s biggest dealer of Caterpillar Inc equipment, said it would cut 1,100 jobs in Canada and South America due to weak sales. Source: Canada’s Finning to cut 1,100 jobs due to weak Caterpillar sales | Business | Reuters
Gender Gap in UK – Women are significantly less likely to receive any employer training compared to men
Women are significantly less likely to receive any employer training compared to men Men are more likely than women to receive a pay rise following training Women are given generic training, while companies pay for men to become better leaders Young men earn 21% more than young women on an Apprenticeship In a survey to … Continue reading
UK – Almost a quarter of employers feel that colleagues would not be happy working with someone with a learning disability survey finds
A new survey by the charity Mencap reveals that many employers remain uneasy about the role they are expected to play in closing the gap. Only 16% of UK employers felt confident that the disability employment gap would be halved. The survey also reveals nervousness about how customers and staff might interact with people with … Continue reading
Skills Gap in Delaware – Pathways to Prosperity
Last year, in response to a need expressed by the Delaware Manufacturing Association for a pipeline of skilled workers to help the industry thrive in this new era, leaders from across the state came together to create a dual enrollment program for Delaware high school juniors and seniors. The two-year program kicked off in the … Continue reading
Gender pay gap in UK – Women working for free until end of year
Britain’s gender pay gap will leave women effectively working for free from 9 November until the end of the year, according to equality campaigners. This year, Equal Pay Day falls on this date, according to the Fawcett Society, which uses official statistics on hourly pay for full-time workers. With the gender pay gap at 14.2%, … Continue reading
US Job Report for October – Total nonfarm payroll employment increased by 271,000 and the unemployment at 5.0 percent
Total nonfarm payroll employment increased by 271,000 in October, and the unemployment rate was essentially unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction. Household Survey Data Both the unemployment rate (5.0 percent) … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 