Job Market Monitor
Politics & Policies
Apprenticeship – A US-EU Working Group on Employment and Labor discuss how to advance apprenticeship strategies in Europe and the United States
Two years ago, President Obama issued a bold challenge for America to double the number of registered apprenticeships within five years. The Labor Department has stepped up to the challenge, and the total number of apprenticeships is already up about 20 percent – a dramatic increase that shows employers and workers across the nation are … Continue reading
UK – Support for the over 50s should be at the heart of a full employment strategy Resolution Foundation says
The government should target encouraging over one million more people over 50 into work by the end of the parliament as part of its full employment drive, the Resolution Foundation says today (Saturday) ahead of a major report into securing full employment. The call comes ahead of the final report next week of the Foundation’s … Continue reading
France – Would be easier for companies to fire workers
France’s government is proposing a far-reaching set of labor law reforms. Set to be formally unveiled at a cabinet meeting next month, a leaked proposal is already rankling members of the ruling Socialist Party and the nation’s powerful union movement. The reforms would give employers more power to negotiate over bread-and-butter labor issues like work … Continue reading
US – Protecting Social Security and reducing unemployment, poverty, and the federal budget deficit as most important pool says
With mixed views of the national economy and their own financial situation, Americans want priority given to several different economic problems. In the latest poll conducted by The Associated Press-NORC Center for Public Affairs Research, the public sees protecting Social Security and reducing unemployment, poverty, and the federal budget deficit as most important to them … Continue reading
The implementation of a European unemployment insurance – A report
The implementation of a European unemployment insurance system could begin with the creation of a eurozone budget; a time-consuming but popular idea, according to the French Council of Economic Analysis. The idea of a common system of unemployment insurance within the eurozone is taking off. The need to strengthen the budgetary policy of the single … Continue reading
Guaranteed Minimum Income in Canada – Sharp increase in those favouring it
In a random sampling of public opinion taken by the Forum Poll™ among 1406 Canadian voters, more than a third favour the introduction of a guaranteed annual minimum income to replace other state supports like social assistance, unemployment and pensions (36%), a sharp increase from the last time we polled this question four years ago … Continue reading
Germany – The “recognition Act” and the professional or vocational qualification acquired abroad
How can a professional or vocational qualification acquired abroad be recognised? Against the background of an impending shortage of skilled workers and negative demographic developments, this is a question which has had a role to play in Germany for some time now. In order to meet the demands of the German labour market by providing it … Continue reading
Germany – The economy can currently accommodate 350,000 migrants per year labor agency director says
The director of Germany’s Federal Employment Agency has said the country’s economy can currently accommodate 350,000 migrants per year. His comments come as the coalition wrangles over proposed changes to asylum law. According to Detlef Scheele, the executive director of the Federal Employment Agency, Germany’s labor market has the capacity to absorb about 350,000 refugees … Continue reading
Universal Basic Income – These things are utopian one expert says
Universal Basic Income gets all this attention and popularity, but I haven’t seen one model that’s even on the planet of financial feasibility. These things are utopian. Finland is conducting an experiment in giving every adult a check for €800 a month, which would require spending far more than what the government raises in taxes. Whatever … Continue reading
A Basic income or Guaranteed Income for Canada – Would cost the treasury more than $500-billion a year
The Finnish example is typical of the fiscal folly. The Finns propose a monthly transfer of €800 ($1,200) a person, which sounds nice until you do the math and figure out this would require a doubling of existing taxes to fund the program. This transfer would barely replace what low-income Finns already get under their … Continue reading
Economic Immigration in Canada – The processing time is 67 months
In the economic class, if an application was filed between 2008 and 2010, the processing time is 67 months while for the ones filed between 2010 and 2014, is 13 months. Canada takes in about 260,000 immigrants each year in all categories, combined. The statistics were not available for last year, but in 2014, 66,661 … Continue reading
Ontario pension plan benefits indexed to inflation: Wynne
It won’t be launched for another year, but details of the Ontario Retirement Pension Plan (ORPP) were unveiled Tuesday, and it includes benefits indexed to inflation. Last April, Ontario passed legislation to create a provincial pension for the more than 3.5 million people who do not have a workplace pension. The ORPP will be phased … Continue reading
UK – A £1,000 charge to employers for every non-EU migrant worker the Migration Advisory Committee (MAC) says
Companies which hire skilled workers from outside the European Union should face a £1,000 surcharge per head, the Government’s official immigration advisers have said. The Migration Advisory Committee (MAC) said that by increasing the cost of hiring from abroad, the new charge would encourage employers to invest in training British workers instead. The salary threshold … Continue reading
Unemployment Insurance in US – The President’s proposal
The President’s proposal contains three core elements: Protecting Workers with Wage Insurance: The President’s plan would ensure workers have access to wage insurance that would replace half of lost wages, up to $10,000 over two years. Displaced workers making less than $50,000 who were with their prior employer for at least three years would be … Continue reading
Minimum wage in US – If adjusted for inflation, the minimum wage of 1968 would be $10.90 today
If adjusted for inflation, the minimum wage of 1968 would be $10.90 today. That is a whopping reduction of the federal minimum wage by a third. It’s worth noting that the unemployment rate was 3.6 percent in 1968 with a higher real minimum wage. So the unemployment rate is higher today — at 5 percent … Continue reading
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