Job Market Monitor
Politics & Policies
A 15 $ Minimum-Wage – Would yield $17.08 worth of purchasing power in Macon, Georgia, but only $12.26 in New York City
Price disparities can make a big difference when it comes to comparing wages. When we discussed this subject in a previous post, we found that a $15 nationwide minimum wage would yield $17.08 worth of purchasing power in Macon, Georgia, but only $12.26 in New York City, once the differing price levels in the two cities were taken … Continue reading
Social Security in US – What if we were to recast it as true insurance?
What if we were to recast regular Social Security as true insurance? Insurance is something that pays out only when things go wrong. If you don’t have a car crash, or your house doesn’t burn down, you don’t get your premiums back later in life. What you do get is protection and peace of mind. … Continue reading
Fiscal Policy and Youth Unemployment – Direct intervention in youth labour markets is also called for
One of the most consistent findings of the literature on the causes of youth labour market outcomes is that aggregate demand is a fundamental determinant of the state of the youth labour market. Recent research has also reaffirmed the importance of expansionary fiscal policy in counteracting, or at least mitigating, the negative effects of the … Continue reading
Minimum Wages in US – Business executives support the increase internal survey shows
Whenever minimum wage increases are proposed on the state or federal level, business groups tend to fight them tooth and nail. But actual opposition may not be as united as the groups’ rhetoric might make it appear, according to internal research conducted by a leading consultant for state chambers of commerce. The survey of 1,000 … Continue reading
Working Time in Europe – The direct participation of social partners in more than two thirds of Member States
Working time is a key element of working life and its regulation has, for decades, been at the core of political, economic and social discussions at national and EU level. In the European Union, working time duration and organisation is regulated by different combinations of legislation, including the Working Time Directive, as well as collective … Continue reading
National Living Wage in UK – The biggest year-on-year increase since 2001
“Britain deserves a pay rise,” George Osborne declared last year. And what a pay rise. The British chancellor announced a “National Living Wage,” where those aged 25 and over will see their minimum pay jump from £6.70 ($9.63) to £7.20 ($10.30) an hour. The increase—the biggest year-on-year increase since 2001—comes into force today (April 1).The … Continue reading
Welfare, Universal Credit and Wages in UK – Minimum wage not as effective as transfer payments at alleviating income poverty
Duncan Smith’s resignation letter (a former British Cabinet Minister) laid this divide bare: “There has been too much emphasis on money saving exercises and not enough awareness from the Treasury, in particular, that the government’s vision of a new welfare-to-work system could not be repeatedly salami-sliced.” In typically dramatic fashion, last year Osborne jacked up … Continue reading
Skills Gap in US – A multi-million dollar competition for states to expand access to career-pathway programs leading to high-skill, well-paying jobs
To address the youth unemployment crisis, we are committed to increasing the number of young people who get on a pathway to economic success by being college and career ready. To do this, first, we want to transform how states and cities develop career-focused education programs. JPMorgan Chase, the Council of Chief State School Officers … Continue reading
China – Labour protections are coming under fire
China’s labour protections are coming under fire from high places as economic restructuring pits officials concerned about social stability against a lobby arguing inflexible policies are stifling job creation and suppressing wages. Company executives, especially at foreign or private firms, have long been critical of labour contract legislation and minimum wage laws that make it … Continue reading
Ontario – An experiment with basic income buried away in Ontario’s 2016 budget
Buried away in Ontario’s 2016 budget documents are unspecific plans for the Canadian government to start giving a guaranteed, unconditional salary away to a few people just for being alive. “The pilot project will test a growing view at home and abroad that a basic income could build on the success of minimum wage policies and increases in … Continue reading
Finland – A labor pact could be clinched
Finland’s government sees good prospects for unions and employers’ representatives to reach a comprehensive labor reform deal next week, Economic Affairs minister Olli Rehn said on Friday. A handful of Finnish unions have opposed a proposed labor pact, a centerpiece of government efforts to haul the economy decisively out of recession by making exports more … Continue reading
Immigration in Canada in 2016 – The most immigrants it has since the 1910s
Following Immigration Minister John McCallum’s speech on March 8, 2016 at the Brampton Multicultural Community Centre, many were left wondering about the direction presented for this year. While Minister McCallum was quoted saying that this is a “significant shift” in policy, it remains to be seen when these changes will be implemented, and of the … Continue reading
Hiring Discrimination – Anonymous job applications have the potential to remove or reduce it
Anonymous job applications have the potential to remove or reduce some discriminatory hiring barriers facing applicants from minority and other disadvantaged groups. When implemented effectively, anonymous job applications level the playing field in access to jobs by shifting the focus toward skills and qualifications. Anonymous job applications should not, however, be regarded as a universal … Continue reading
The German Dual VET System – What can be imported ?
In recent years, the dual-system approach has gained considerable international attention for its success in addressing youth unemployment. Many countries have shown great interest in adopting the German dual VET system. But how might such a transfer be carried out? Exporting a VET system from one country to another is not merely a matter of … Continue reading
Youth Unemployment – Significantly lower in countries with a high share of dual VET programmes research finds
In this paper, we investigated whether an education system with an extensive VET programme, measured by the enrolment rate of students in these programmes, increases the labour market integration and the quality of jobs for young people. This relationship has been studies before, but we extend the existing literature in three ways: First, we analyse … 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 