Job Market Monitor
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Job Report in US (November 2021) – Employment rose by 210,000, below expectations
Total nonfarm payroll employment rose by 210,000 in November, and the unemployment rate fell by 0.4 percentage point to 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined over the month. Household Survey Data … Continue reading
Day Trading in Canada – More Canadians have turned to it following the pandemic
Although most Canadians are returning to in-person work, a significant rise in day traders observed throughout the pandemic shows no signs of letting up. With COVID-19 causing many Canadians to re-evaluate their financial standing, untold thousands have turned to day trading as a means of generating income (or at least attempting to). In fact, major … Continue reading
Job Report in US (October 2021) – Employment rose by 531,000 and unemployment to 4.6 percent
Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, with notable job gains in leisure and hospitality, in professional and business services, in manufacturing, and in transportation and warehousing. Employment … Continue reading
Migrations Internationales en 2020 – Les flux d’immigration permanente dans les pays de l’OCDE ont baissé de plus de 30 %
Les flux d’immigration permanente dans les pays de l’OCDE ont baissé de plus de 30 % en 2020, pour s’établir à environ 3.7 millions de personnes – soit le niveau le plus bas depuis 2003. Cette baisse pourrait même atteindre 40 %, en fonction des facteurs qui sont pris en considération. Toutes les catégories de … Continue reading
Covid in Canada – The Worker Lockdown Benefit
Canada is on the road to economic recovery and employment is now back to pre-pandemic levels. This is thanks to the resilience of employers and hard work of Canadians. The government is making adjustments to pandemic income support programs to reflect the new phase of the recovery. The government is moving from broad-based programs to … Continue reading
Job report in Canada (September 2021) – Employment rose by 157,000 (+0.8%), back to pre-pandemic level and unemployment at 6.9.
Employment rose by 157,000 (+0.8%) in September, the fourth consecutive monthly increase. The unemployment rate fell by 0.2 percentage points to 6.9%. Employment regains pre-pandemic level in September, with some notable differences Employment returned to its February 2020 level in September, increasing by 157,000 (+0.8%). The employment rate was 60.9%, 0.9 percentage points lower than … Continue reading
Job Report in US ( September 2021) – Employment rose by 194,000 and number of unemployed fell by 710,000 to 7.7 million with are at 4.8 percent
Total nonfarm payroll employment rose by 194,000 in September, and the unemployment rate fell by 0.4 percentage point to 4.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in professional and businessservices, in retail trade, and in transportation and warehousing. Employment in public education declined over … Continue reading
COVID-19 Recession in Canada – The C.D. Howe Institute Business Cycle Council declares the end of it
The C.D. Howe Institute’s Business Cycle Council, Canada’s main arbiter of business cycle dates, has declared an end to the COVID-19 recession. The Council decided on August 9 to declare an end to the recession that began in March 2020. It judged that the recovery from the recession is now prolonged and sustained enough to … Continue reading
Job Report in US (July 2021) – Employment rose by 943,000 and and the unemployment declined by 0.5 percentage point to 5.4 percent
Total nonfarm payroll employment rose by 943,000 in July, and the unemployment rate declined by 0.5 percentage point to 5.4 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in local government education, and in professional and business services. This news release presents statistics from two monthly … Continue reading
The ‘Great Resignation’- Really the ‘Great Discontent’ Gallup finds
A new Gallup analysis finds that 48% of America’s working population is actively job searching or watching for opportunities. Businesses are facing a staggeringly high quit rate — 3.6 million Americans resigned in May alone — and a record-high number of unfilled positions. And Gallup discovered that workers in all job categories, from customer-facing service … Continue reading
COVID-19, Immigrants and Unemployment in US -The gap has closedr
As businesses across the United States return to near-normal operations, public attention has shifted to reports of labor shortages and rising prices. But even as hiring picks up in the wake of the COVID-19 outbreak, the labor market is not fully healed. Some 9.5 million U.S. workers were unemployed in June 2021, compared with 5.7 … Continue reading
Covid and Business Cycle Dating in US – A trough in monthly economic activity occurred in the US economy in April 2020 says NBER’s Committee
The Business Cycle Dating Committee of the National Bureau of Economic Research maintains a chronology of the peaks and troughs of US business cycles. The committee has determined that a trough in monthly economic activity occurred in the US economy in April 2020. The previous peak in economic activity occurred in February 2020. The recession … Continue reading
Skills and Occupation Mapping in Canada – The Occupational Skills and Information System (OaSIS)
The Labour Market Information Council (LMIC) has been working jointly with Employment and Social Development Canada (ESDC) and Statistics Canada (STC) to describe jobs in terms of their skills requirements and other characteristics. First, a concept note was presented, outlining the anticipated approach towards mapping ESDC’s new Skills and Competencies Taxonomy to the National Occupational … Continue reading
Upskilling Pathways in France and Italy – A review
Cedefop has started a close cooperation with France and Italy to support the development and implementation of systematic, coordinated and coherent approaches to upskilling pathways for low-skilled adults in the two countries. This first cycle of Cedefop’s thematic country reviews (TCRs) on upskilling pathways will take place between 2021 and 23. The reviews are country-owned … Continue reading
Job Transitions in Tourism and Hospitality Industry in Ontario – The single biggest obstacle is “characteristic similarity”
The COVID-19 pandemic has hit Ontario’s tourism and hospitality sector hard, with significant job losses and reduced prospects for near-term recovery. As part of the Tourism and Hospitality Emergency Response project initiated by the Ontario Tourism Education Corporation, Conference Board researchers examined 48 tourism-sector occupations and found that they have an average of nine potential … Continue reading
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