Job Market Monitor
Politics & Policies
Alabama Workforce Council – A series of initiatives
A new era of collaboration between Alabama business leaders and education officials anchors a series of innovative initiatives that take aim at transforming workforce development efforts and improving educational outcomes in the state. These proposals are detailed in a report prepared by the Alabama Workforce Council, which is now being made available to the public. … Continue reading
Express Entry in Canada – A downward trend in qualifying scores
Citizenship and Immigration Canada has completed another round of draws from the new Express Entry pool. The draw, completed on March 28, 2015 resulted in 1,637 Invitations to Apply (ITA) for Permanent Residence. The lowest qualifying score was 453. Express Entry is Canada’s new immigration application management system. Candidates are awarded points meant to measure … Continue reading
Temporary Foreign Workers in Canada – Permits expire for those who have been in the country for more than four years
Thousands of temporary foreign workers could be heading to airports to leave Canada Wednesday as permits expire for those who have been in the country for more than four years. The Conservative government set April 1, 2015 as the deadline for temporary foreign workers in low-skilled jobs to either become permanent residents or leave the … Continue reading
US – The effects of a package of policies that aim to alleviate poverty
During the Great Recession, the official poverty rate in the United States rose to its highest level in over 15 years. Reducing poverty continues to be a serious public policy concern. This report examines the effects of a package of policies that aim to alleviate poverty through increased work supports and other measures, and estimates … Continue reading
US – Labor Market Slack Persisted Federal Reserve Bank of Atlanta writes
Shifting labor force participation clouded unemployment picture Although the labor force participation rate (LFPR) has trended down since early 2000 (when the LFPR was 67 percent), the recession exacerbated the decline (see the Labor Force Participation Rate chart). At the end of 2014, roughly 62.7 percent of the working age population was either employed or … Continue reading
Canada – The Employment Insurance Operating Account
The Employment Insurance Operating Account was created on 1 January 2009. It is a consolidated specific purpose account, meaning that it includes program-related revenues credited and expenses charged to this account under the Employment Insurance Act.8 EI premiums are paid into the Consolidated Revenue Fund (CRF), which includes general government revenues such as taxes,9 and … Continue reading
Raising Wages in US – Policies that work
As this paper explains, wage stagnation is not inevitable. It is the direct result of public policy choices on behalf of those with the most power and wealth that have suppressed wage growth for the vast majority in recent decades. Thus, because wage stagnation was caused by policy, it can be alleviated by policy. In … Continue reading
Unlocking the sharing economy in UK – A report
In September 2014, Matthew Hancock MP, the Business Minister, asked me to write a report on the sharing economy – and to make recommendations as to how the UK could become a global centre for this fast-growing sector. The sharing economy allows people to share property, resources, time and skills across online platforms. This can … Continue reading
EU Immigration Policy – In need of public figures who can speak to policymakers, politicians, and publics report says
The European Union has been charged with leading a response to a range of complex and interlinked challenges related to EU immigration and asylum policy, from the short-term need to respond to maritime migration in the Mediterranean, through to the long-term questions about Europe’s future as a diverse, competitive society. However, it is becoming increasingly … Continue reading
Immigrants to Canada – The ‘New Gateways’ and immigrant selection programs and immigrant source regions
Canada and the United States have recently experienced an increased regional dispersion of entering immigrants. American research suggests that a mixture of economic push factors (away from states like California) and pull factors (toward states with growth of low-wage jobs), as well as changing government policies and regulations contributed to the development of the ‘New … Continue reading
UK – The highest proportion of employees with a workplace pension on record
Workplace pension reforms The Pensions Act 2008 put in place a framework for workplace pension reform designed to increase private pension saving in the UK. This framework was amended slightly by the Pensions Acts 2011 and 2014. One of the key reforms was that, from October 2012, all eligible employees are to be automatically enrolled … Continue reading
FRB March 4, 2015 Beige Book on Employment, Wages, and Prices
Employment, Wages, and Prices Employment levels remained stable or continued to grow in most Districts and across a variety of sectors. Contacts in several Districts noted strong labor demand and challenges filling a variety of skilled positions. Firms in the Philadelphia District reported positive employment trends in a broad range of sectors, with the majority … Continue reading
US – Most (60%) see only a partial recovery in jobs Pew finds
The public makes sharp distinctions about which groups have benefited – and which have not – from the economic policies the government has put in place since the start of the recession. Majorities say that large banks, large corporations and the wealthy have been helped a great deal or a fair amount by government policies. … Continue reading
India – Only 27% candidates enrolled in skill dev programmes got jobs
Only 27 per cent of the candidates enrolled in five national skill development programmes managed to secure jobs, says a World Bank study. “As per interim findings of the report, 27 per cent of candidates enrolled in the above skill development programmes found employment. “Some of the reasons for non-employment include resistance to migration, pursuit … Continue reading
House of Cards – Fox on Underwood’s jobs plan
Spoiler alert: Frank Underwood’s economic policy in “House of Cards” is crazy. At least it is through the first four episodes, which is all my binge has so far taken in. With 18 months left in the White House, the fictional president on Netflix wants to add 10 million jobs. That’s over half a million … Continue reading
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