Job Market Monitor
Politics & Policies
Minimum Wages for Tipped Workers – Smaller wage gaps for women overall and lower poverty rates when equal
The federal minimum cash wage for tipped workers has been frozen at $2.13 per hour for 23 years, and now represents less than a third of the federal minimum wage ($7.25 per hour)—its lowest share on record. The inadequate tipped minimum wage is particularly detrimental to women, who represent two-thirds of tipped workers nationally. Increasing … Continue reading
Canada – Migrant workers will now receive the EI Parental Benefits
More than 100 migrant agriculture workers will now receive the EI Parental Benefits they were wrongfully denied by an Employment Insurance tribunal, in the wake of a successful legal battle supported by UFCW Canada, the Agriculture Workers Alliance, and argued by Niagara North Community Legal Assistance and the Income Security Advocacy Centre (ISAC). “That migrant … Continue reading
Poverty declines in the US in 2013 – The Census Report and what the White House has to say
The U.S. Census Bureau announced today that in 2013, the poverty rate declined from the previous year for the first time since 2006, while there was no statistically significant change in either the number of people living in poverty or real median household income. In addition, the poverty rate for children under 18 declined from … Continue reading
US – Workers are hostage to the weakest aspects of the business environment say Harvard Business School’s professors
For America to remain competitive, businesses need to develop a coordinated strategy to lift living standards for the average American worker. So concludes the newly issued annual report from the US Competitiveness Project at Harvard Business School, or HBS. The topic of this year’s survey: “An Economy Doing Half Its Job.” The project is chaired … Continue reading
Canada – A ‘Good Jobs Summit’ to come (video)
The Good Jobs Summit is a national dialogue between workers, students, governments, employers and community organizations, with the goal of finding solutions and new approaches to jobs and the economy. The Summit will feature a number of high profile speakers, workshops and panel discussions, exploring questions of: How can we turn low income, precarious jobs … Continue reading
Youth Unemployment in Uganda – Demands for government action
With Uganda’s unemployment rate at near 83 percent, the government is being challenged by a group of former students who have formed the National Association of the Unemployed. Their demands are for the government to sponsor and create jobs for Uganda’s large youth population. Uganda has one of the highest rates of unemployment on the … Continue reading
Poverty – Most explanations (left, right and center) are not mutually exclusive but mutually reinforcing
Let’s imagine for a moment that there are no political pressures distorting our discussion of poverty and that we can look at it as a technical problem, not a moral one. Maybe we would find that most explanations – left, right and center – are not mutually exclusive but mutually reinforcing. Before we take this … Continue reading
US Monetary policy – The labor market has yet to fully recover says Yellen
In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.1 More jobs have now been created in the recovery than were lost in the downturn, with payroll employment in … Continue reading
Canada – The Job Grant applications open in Manitoba, P.E.I, N.L.
Employers in three provinces can now apply for skills training funds under the Canada Job Grant, nearly 18 months after the Conservatives introduced it with much fanfare in the 2013 budget. The government of Manitoba was the first to accept applications last month, with P.E.I. and Newfoundland and Labrador following suit on Tuesday. July 1 deadline missed for … Continue reading
UK – White collar are responsible for bringing out of the economic slump
The make up of the UK workforce is fundamentally different to that of 60 years ago. White collar roles dominate the marketplace, and there is strong evidence these workers are responsible for bringing the UK out of the economic slump. Despite a strong political focus on technical, manufacturing and construction initiatives over the past five … Continue reading
Jobless Claims in US – Lowest Since 2006 says the White House
The economy is getting stronger thanks to the grit and resilience of American workers. Last month, total job growth exceeded 200,000 for the sixth straight month, the first time that’s happened since 1997. In fact, our private sector has added 9.9 million jobs for the last 53 straight months, the longest streak on record. As … Continue reading
Inequality in US – Why voters don’t demand income redistribution
John Steinbeck explained that the reason so many of this country’s working- and middle-class vote against their own economic interests is that “Americans are temporarily embarrassed millionaires in waiting.” Researchers at the University of Hannover in Germany have now released data that somewhat supports Steinbeck’s quip. The study measured actual income inequality and upward mobility … Continue reading
US – Since the final quarter of 2007, the labor force participation rate has fallen from 65.9 percent to 62.8 percent says a White House report
Since the final quarter of 2007, the labor force participation rate has fallen from 65.9 percent to 62.8 percent in the second quarter of 2014, a decline of 3.1 percentage points. In this report, the Council of Economic Advisers estimates that this 3.1 percentage point decline can be attributed to three main sources: About half … Continue reading
UI in US – Employers’ demand for workers remains weak and workers have not chosen to stay on benefits
Most state unemployment insurance fund accounts became insolvent in the wake of the Great Recession because states did not adequately fund them in the early to mid-2000s recovery. States that responded to the insolvency by cutting the duration of unemployment benefits did not save significant amounts of money or boost employment. There are no clear … Continue reading
India – Proposition of a textile policy to create 35 million more jobs
An expert panel constituted by the government on Monday submitted the draft of the new National Textiles Policy, which aims to achieve $300 billion exports by 2024-25, and creation of additional 35 million jobs by attracting investments. The blueprint termed as the draft ‘Vision, Strategy and Action Plan’ to revitalize the textiles and apparel industry … Continue reading
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