Job Market Monitor
Politics & Policies
Finland – Unemployment benefits for high income earners to be cut
Government’s hatchet man will be focusing on unemployment benefits for high income earners as part of ongoing efforts to cut spending. The changes will come into force at the beginning of 2015 and will affect newly-unemployed persons who have worked for more than 20 years as well as employees who earned a monthly salary of more … Continue reading
High-skilled Foreign Workers in Canada – Express Entry could change things
Some employers fear Americans working in Canada through the North American Free Trade Agreement, foreign nationals who have transferred to a Canadian branch and international youth working in Canada could be sideswiped by rules under the new express entry system that starts Jan. 1. New regulations suggest employers who want to offer permanent jobs to high-skilled … Continue reading
Sweden – Youth Guarantee
This document describes how Sweden addresses and takes into account the Council recommendation of 22 April 2013 on establishing a Youth Guarantee. High youth unemployment is a challenge Sweden shares with most other EU Member States. Youth unemployment is in fact one of Sweden’s most important societal challenges. Many young people have difficulties entering the … Continue reading
Korea in OECD – Behind major members on employment protection
South Korea lags behind major members of the Organization for Economic Cooperation and Development in job security for regular employees in the private sector, the Paris-based organization said Monday. An OECD report showed that Korea posted 2.17 in the index for employment protection last year, under the average of 2.29 for the global entity’s 34 … Continue reading
Workplace Safety in US – Death rate has dropped 81 percent, saving half a million lives
Since Congress created the Occupational Safety and Health Administration in 1970, theU.S. workplace death rate has dropped 81 percent, saving half a million lives. Economic and technological changes have swept workers out of the most deadly jobs and into comparatively safer ones. New state and federal standards have outlawed corner-cutting that formerly killed employees, imposing costs … Continue reading
Ex US Congressman – A tough time landing a new job
Lawmakers serving their final days in Congress might have a tough time landing a new job on K Street, headhunters for the lobbying industry tell The Hill. The current job market in the influence industry is the toughest in years, several headhunters said, with former lawmakers facing stiff competition for a limited number of high-ranking … Continue reading
Education System in China – Could better serve its industry and economic development
China should reform its education system to better serve its industry and economic development. And the public should eliminate their discrimination against blue-collar workers… A doctorate graduate in electronic engineering from Tsinghua University who took a job as a blue-collar electrician in Shanghai stirred wide debate on the value of academic qualifications in modern China. … Continue reading
Full Employment – The case for Paid Vacation
If we can’t take steps to increase the demand for labor, we can go the other way and try to reduce the supply. Specifically, we can try to increase the number of people employed by reducing the average number of hours worked. That should not sound far out. This is exactly the route taken by … Continue reading
Consider migrants as a resource rather than a problem says OECD
The increasing number of people moving within the European Union is driving the rise in migration registered in OECD countries, after several years of decline caused by the crisis. High skilled migration and humanitarian movements to OECD countries are also increasing. Migration policies need to keep pace with these changes, according to a new OECD … Continue reading
Canada – Replace temporary foreign workers program by special visa says Canadian Federation of Independent Business (CFIB)
The Canadian Federation of Independent Business is calling on Ottawa to replace its controversial temporary foreign worker program with a visa that would provide a path to permanent residence for entry-level employees from abroad. The organization says in a report released today it’s proposing the Introduction to Canada Visa that would address labour shortages for … Continue reading
Shared Parental Leave in UK- One in five HR directors not ready
More than one in five (21%) HR directors admit they are not ready for the requirements of the shared parental leave legislation that comes into effect on 1 December, according to research by HCM solutions provider ADP. The Workforce View 2014/15 is the latest annual barometer of the views and attitudes of UK workers. It … Continue reading
Korea – Government to ease rules for layoffs
The government is considering easing rules for layoffs and overhauling pay systems to ease the plight of non-regular workers. Since any changes are likely to come at the cost of regular workers’ rights, it will certainly entail a major union backlash. “Without reform in the labor market, it isn’t easy to continue creating decent jobs. … Continue reading
Can growth alone tackle unemployment? No, fiscal policy must be as growth-friendly as possible
Can growth alone tackle unemployment? Evidence is summarized in Figure 2, which shows the growth-jobs nexus using two alternate measure of the state of labor markets, the unemployment rate and the growth rate of employment. The left panel of Figure 2 shows that, among advanced economies on average, unemployment falls by a third of a … Continue reading
UK – Are Jobcentre’s demands helping job search ?
A JOBSEEKER claims he is being discriminated against because he has voiced his objections to “draconian” demands. Peter Styles says that a requirement to sign on every day in segregation with a member of staff behind Perspex glass at a Jobcentre is hindering his search for a job. The 43-year-old has appealed against the decision … Continue reading
US – To what extent is income being redistributed by government action ?
With changes like these in the distribution of the rewards of the American economy, the president and many on the left call for redistributing income from those at the top to those in the middle and bottom. But they seldom mention the extent to which income is already being redistributed by government action. In fact, … Continue reading
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