Job Market Monitor
Politics & Policies
Minimum Wage in US – CBO on the impacts of a $15 per hour by June 2025 on the federal budget
If enacted at the end of March 2021, the Raise the Wage Act of 2021 (S. 53, as introduced on January 26, 2021) would raise the federal minimum wage, in annual increments, to $15 per hour by June 2025 and then adjust it to increase at the same rate as median hourly wages. In this … Continue reading
Universal Basic Income (UBI) in British Columbia – Should be the central element of its transfer system experts panel says
2. Report summary Through this report,we endeavour to present comprehensive, consistent, and evidence based advice to the B.C. government in response to the tasks set out in the terms of reference. We do this in six parts, which: • introduce our task and provide a summary of the report (Part 1) • present a justice-based … Continue reading
Canada’s Training Ecosystem – A dire need to link the skills acquired through training and education programs to those sought in the job market
The recent Fall Economic Statement made it clear that the government is committed to investing in skills development to help Canadians weather the post-pandemic recovery. But how can we know what training helps to get the in-demand jobs? In a new paper published by the Institute for Research on Public Policy, Tony Bonen (Labour Market … Continue reading
Covid and Public Intervention in the Corporate Sector – Actions that support long-term economic resilience and growth, broad-based improvements in living standards, while minimizing the costs to the public
The coronavirus pandemic, by dramatically changing con- sumption patterns and business operations, is triggering a major corporate solvency crisis in many countries. Apart from policies directly supporting employment, initial policy responses to support businesses focused heavily on liquidity issues. Some liquidity support is still needed, but the crucial issue now is solvency. Policymakers need to … Continue reading
Unemployment Insurance (UI) – Lessons from the American federal‐state system
This article reviews practices in the United States (US) federal‐state unemployment insurance (UI) system regarding applicant eligibility, benefit generosity, benefit financing and emergency measures with the aim of revealing lessons for a possible European unemployment benefit system (EUBS) for European Union (EU) Member States. We overview the US system for UI and examine important areas … Continue reading
Universal Basic Income (UBI) – What is it ? (video)
Related Posts Universal Basic Income (UBI) – A primer POSTED BY MICHEL COURNOYER ⋅ APRIL 27, 2020 ⋅ 1 COMMENT What is UBI? On its face, the definition of a truly universal basic income is pretty straightforward: It’s an amount of cash given to everyone within a geographic area that’s then distributed unconditionally regularly, and on … Continue reading
Immigration in Canada – How it really works
To get a handle on Canada’s immigration policy, we first need to address two misconceptions surrounding Canadians’ understanding of how their country’s immigration system works. When the government announces that close to 340,000 immigrants will be admitted1 in a given year, many interpret this to mean 340,000 new arrivals that year. This is the first … Continue reading
Skills in Canada – Five priority areas for building a country that supports ongoing learning
Whether Canadians are looking for a job, working from home or changing how they work in order to respect public health guidelines, many are facing new challenges as a result of the global COVID-19 pandemic. In order to tackle these challenges, we need to ensure Canadians have access to the tools they need to learn … Continue reading
Covid and Long-Term Unemployment in UK – Eight design intervention principles
Long-term unemployment could hit 1.6 million in 2021-22 – a 600% increase and the highest since 1994. These are our estimates, based on Office for Budget Responsibility (OBR) scenarios for total unemployment. People become long-term unemployed when they have been out of work for 12 months and it scars individuals, families, and communities for years … Continue reading
Teacher Shortage in US – A crisis made worse by COVID
Some estimates have put the shortage of teachers relative to the number of new vacancies in classrooms across the country that go unfilled at more than 100,000—a crisis exacerbated by the pandemic. But policy changes can go a long way in addressing this shortfall. We lay out those policy solutions in our just-released paper, A… … Continue reading
Getting Britain Back to Work – The employment and skills response
Unemployment spiked sharply as a result of the coronavirus crisis and associated social distancing restrictions. During March and April 2020 around 2.5 million individuals made claims for Universal Credit, with claims running at seven times usual levels at the peak. The number of vacancies in the economy has fallen by three fifths, and it is … Continue reading
COVID and Social Dialogue – A tool to make a difference
A new ILO study shows that most of the ILO member States made extensive use of ‘peak-level’ social dialogue to shape emergency measures for mitigating the socio-economic impacts of the COVID-19 pandemic. Key points For 15 March to 10 June 2020, it was found that: A majority of countries and territories – 134 out … Continue reading
Platform Work – Regulating it
Evolving use of digital technologies and new business models, among other drivers, have given rise to online platforms that facilitate the emergence of platform-mediated work, such as “crowd work”, “gig work”, and other forms of often on-demand labour. Workers in platform markets often benefit from low entry barriers and flexibility, which can facilitate the labour … Continue reading
National Skills Strategy in Germany – Ten objectives
In view of the challenges posed by structural and sectoral change in technical and economic terms, the German Federal Government has worked together with the social and economic partners, the Lander and the Federal Employment Agency, in consultation with academics and practitioners, to develop a National Skills Strategy (the Strategy) focusing on continuing vocational education … Continue reading
COVID and Jobs at the Local Level – Community-driven, evidence-based approaches to better link and prepare workers for the good jobs that do and will exist
When a durable recovery strategy from the COVID-19 pandemic finally emerges, it will confront not just one badly damaged economy, but numerous fractured economies. The pandemic recession is hitting some sectors harder than others, with regions dependent on manufacturing and hospitality particularly devastated. Even state and local government jobs have taken a hit, which will … Continue reading
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