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Women in the US Labor Force – A new databook by the BLS
In 2012, 57.7 percent of women were in the labor force, down 0.4 percentage point from 2011. Men’s labor force participation, which always has been much higher than that for women, also edged down in 2012, from 70.5 percent to 70.2 percent. (See tables 1 and 2.) The overall unemployment rate for women in 2012 … Continue reading
Germany – Unemployment declined for an eighth month in May
German unemployment declined for an eighth month in May as companies increased hiring in a sign of confidence that Europe’s largest economy will continue growing. Joblessness fell a seasonally-adjusted 6,000 to 2.79 million, the Federal Labor Agency in Nuremberg said on Tuesday. Economists had predicted a drop of 10,000. The unemployment rate remained at 6.4 … Continue reading
France – Unemployment at record high
The jobless rate in France jumped to a fresh record high in April, in a blow to President Francois Hollande, who has pledged not to seek a second term in office if he fails to reverse the increase in unemployment. The number of people out of work in eurozone’s second largest economy climbed 26,000 in … Continue reading
Deloitte’s 2015 Social Progress Index – Norway, Sweden and Switzerland leading
Developed in 2013, Social Progress Imperative teamed with leading experts across sectors to develop the Social Progress Index. It uses key social and environmental indicators captured across three dimensions of social progress: Basic human needs (such as water, nutrition, and shelter) Foundations of wellbeing (such as health, sustainability, and access to communications) Opportunity (such as political freedoms, … Continue reading
South Africa – Unemployment rate rises to 26,4%
South Africa has been hit by a double whammy: Stats SA released two sets of economic data today and both results were disappointing. The unemployment rate has risen sharply in the first quarter of this year, with 26,4 percent of potentially economically active South Africans not working. South Africa has nearly 36-million employable people, but … Continue reading
Global Supply Chains – Jobs shrink ILO finds
Global supply chains (GSCs)* developed at a fast rate over the last two decades and the number of jobs associated with them grew rapidly from the late 1990s until the financial crisis, reaching almost 500 million by 2007. But after a sharp drop in 2009, GSC-related jobs have only recovered modestly and their share of … Continue reading
Youth Unemployment in Korea – An over 12-year high among those with no job experience
Unemployment among young South Koreans with no prior job experiences reached an over 12-year high last month, government data showed Tuesday, a sign of growing economic uncertainty that is affecting the labor market. There were some 95,000 people in their 20s and 30s who never held a job before and were not employed in April, … Continue reading
Employment Insurance in Canada – Up 5,900 or 1.1% in March 2015
In March, 517,900 people received regular Employment Insurance (EI) benefits, up 5,900 or 1.1% from February. Compared with March 2014, the number of EI beneficiaries rose slightly (+2,600), the first year-over-year increase since February 2010. For the third consecutive month, Alberta led all provinces in terms of growth in the number of beneficiaries, with an 8.9% increase in March. Notable increases also occurred … Continue reading
Canada’s Oil and Gas Industry – Could lose as many as 185,000 direct and indirect jobs
In 2014, the oil and gas industry spent more than $125 billion on exploration, development and production activities in Canada, supporting more than 720,000 direct and indirect jobs. With an anticipated $31 billion reduction in capital and operational expenditures in 2015, the Canadian economy could lose as many as 185,000 direct and indirect jobs related … Continue reading
Argentina – Unemployment stabilizes at 7%
Less Argentines seem to be looking for a job, according to the latest figures from the Indec statistics bureau. Official numbers said yesterday that unemployment was stable in the first quarter, at 7.1 percent in the yearly comparison, but that is only because some of the jobless have stopped looking for work, as employment rates … Continue reading
Job Vacancies in February in Canada – 5.9 Unemployed people for every job vacancy
Canadian businesses reported 220,000 job vacancies in February, up 28,000 compared with February 2014. For every job vacancy, there were 5.9 unemployed people, down from 7.1 one year earlier. This decline in the ratio was the result of both fewer unemployed people and more job vacancies. The national job vacancy rate was 1.5% in February, up from 1.3% posted 12 months earlier. Chosen excerpts by Job Market Monitor. Read … Continue reading
Tackling long-term unemployment in the EU
Epthinktank Written by Verena Kern faithie / Fotolia.com With the onset of the crisis, unemployment rates have increased sharply throughout Europe and the trend seemed set to continue. However in March 2015, the European Commission reported that, for the first time since 2009, the LTU rate fell slightly. Currently, long-term unemployment (LTU) stands at 4,9% … Continue reading
Rolls-Royce – to cut 600 jobs in marine unit
British engineering group Rolls-Royce (RR.L) said it would cut 600 jobs in its Norwegian-focused marine business in response to the lower oil price, a move it said would have a “broadly neutral” impact on 2015 profits. Rolls-Royce is in the middle of a cost-saving plan in its aero-engines business and headquarters, axing 2,600 jobs, and … Continue reading
Unemployment in OECD in March 2015 – 42.4 million people were unemployed, UR at 6.9%
The OECD unemployment rate fell by 0.1 percentage point to 6.9% in March 2015, with a cumulative decline of 1.2 percentage points since the peak reached in January 2013. Across the OECD area, 42.4 million people were unemployed, 6.6 million less than in January 2013. The euro area unemployment rate was stable in March, at … Continue reading
UK Job Report – Employment rate for people aged from 16 to 64 at record level (73.5%)
Main points for January to March 2015 Comparing the estimates for January to March 2015 with those for October to December 2014, employment continued to rise and unemployment continued to fall. These changes maintain the general direction of movement since late 2011 to early 2012. There were 31.10 million people in work, 202,000 more than … Continue reading
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