Job Market Monitor
Politics & Policies
Federal Taxes, 2011 in US – Average tax rates by quintile goes from 11 percent to 23 percent CBO finds
In 2011, according to CBO’s estimates, average household market income—a comprehensive income measure that consists of labor income, business income, capital income (including capital gains), and retirement income—was approximately $81,000. Government transfers, which include benefits from programs such as Social Security, Medicare, and unemployment insurance, averaged approximately $13,000 per household. The sum of those two … Continue reading
Youth in Canada – The bigger issue is underemployment says the Broadbent Institute
As of October, 2014, the youth unemployment rate was still 12.6%, well over double the adult rate, and the youth employment rate (the proportion of the age group 15 to 24 holding any kind of a job) was 56.5%, still down a full three percentage points from 2008. The bigger issue is underemployment. Far too … Continue reading
Jobseeker Allowance (JSA) in UK – 500,000 sanctioned recipients ‘disappeared’
Hundreds of thousands of jobseekers could have ‘disappeared’ from official unemployment figures after having their benefit payments docked, figures suggest. According to research from the University of Oxford, up to 500,000 unemployed people closed their Jobseeker’s Allowance (JSA) claim soon after being sanctioned by the DWP. Rather than moving into employment, these people are simply … Continue reading
Australia – The Unemployment Union myth-busting
Australia’s inhumane welfare system is based on a number of Myth: Click on the links below and help us BUST THE 10 MYTHS that prop up our unfair Welfare system. MYTH #1: “The Australian government spends too much on welfare“ MYTH #2: “Australia spends too much on Unemployment benefits” MYTH #3: “Newstart is a temporary payment“ MYTH #4: “In Australia, anyone can get a job if they try … Continue reading
Minimum wage hike in New Brunswick – May cause layoffs says the Canadian Federation of Independent Business
An upcoming increase to the minimum wage in New Brunswick may force business owners to reduce hours or lay off employees, according to the Canadian Federation of Independent Business. “Businesses in New Brunswick right now are not exactly rolling in dough and they have to make some very ugly choices,” said Dan Kelly, the CFIB’s … Continue reading
US – Labor markets became much less fluid in recent decades says Cato Institute
As measured by flows of jobs and workers across employers, U.S. labor markets became much less fluid in recent decades. We document a large, broad-based decline in these labor market flows, drawing on multiple data sources. An aging workforce and a secular shift away from younger and smaller employers can partly account for the long-term … Continue reading
Philadelphia Fed on Labor Market – Significant progress has been made
Last week’s employment numbers showed employers adding 214,000 jobs in October. Revisions for September and August added 31,000 more jobs than originally estimated. Interestingly, what we once thought was a weak jobs report for August now shows we added 203,000 jobs, which means that we have had nine months of job growth above 200,000 for … Continue reading
Child Labor in the World – 10 percent of the world’s children, or 168 million
ILO estimates document that, from 2000 to 2012, child labor fell by 78 million or 30 percent, placing the most current estimate of child laborers at 168 million, of which 85 million are in hazardous work.(23) Behind these numbers are children wielding machetes to crack open cocoa pods; girls working as domestic servants in third-party … Continue reading
On Poloz’s Prescription – Memoirs of an unpaid intern
Fresh out of university and six months into a fruitless job search, I accepted an unpaid six week internship under the impression that it would lead to a paid, full-time position at the same company or some serious resume ammunition. My situation ended exceptionally poorly. As it turned out, the company wasn’t paying me because … Continue reading
Immigrants in Canada – To welcome 285,000, but 14 per cent of university-educated immigrants who’ve come to Canada in the last five years are without a job
Canada aims to welcome as many as 285,000 new permanent residents next year. The last time Canada admitted as many as 280,000 permanent residents was in 2010. According to the Minister, this is the highest planned total “in recent history,” and is designed to “attract skilled immigrants” who will “help contribute to our economy and … Continue reading
Council Jobs in UK – More than 20000 to be cut says union
Plans are underway to cut more than 20,000 jobs at 26 councils, a survey by the GMB union has found.The union says the cuts, coming on top of 900,000 public sector jobs lost since 2010, means that essential public services are being cut to the bone. Figures published by the Office of National Statistics show … Continue reading
EU Court of Justice – Countries can exclude jobless immigrants from getting welfare
Europe’s top court has ruled that European Union countries can block jobless immigrantsfrom receiving welfare benefits. The so-called ‘welfare tourism’ case involved a Romanian woman, 25-year-old Elisabeta Dano, who had applied for, and been denied, unemployment benefit in Germany on the grounds that she was not actively seeking a job. She had received child benefits … Continue reading
UK – The flipside of the coin on immigration is a welfare system that rewards work, David Cameron says
Mr Cameron suggest more needed to be done to the benefits system to persuade people living in the UK to take jobs on offer. He said: ‘We need to have proper immigration control. We need to do more, both outside the European Union and, frankly, inside the European Union. ‘But the flipside of the coin … Continue reading
Minimum Wage in San Francisco – To raise from $10.74 on Jan.1 to $15 in 2018
San Francisco on Tuesday became the second U.S. city to raise its minimum wage to $15 an hour. Voters overwhelmingly approved a ballot measure to gradually raise the city’s minimum wage from $10.74 currently. It passed with 77% of the vote, according to initial results reported by local authorities. The decision follows Seattle’s approval in … Continue reading
Unemployment in Nigeria – Schools do not train students to be self-reliant but rather to be job seekers says minister
The endemic unemployment in Nigeria has been blamed on many students and graduateslacking basic occupational skills and inability of most secondary schools and tertiary institutions in the country to teach their students to be self-reliant but rather to be job seekers. The Permanent Secretary, Ministry of Works in the state, Dr. Ifreke Ekpa who stated … Continue reading
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