Job Market Monitor
Politics & Policies
Canada Job Grant / Kenney agrees to province’s demands
The federal government has agreed to two key demands from the provinces and territories on its contentious Canada Job Grant that could pave the way for a deal on the national job training program, the Canadian Press has learned. Federal Employment Minister Jason Kenney sent a final counter-proposal to his provincial and territorial counterparts on … Continue reading
Minimum Wage Estimated Impacts in US / CBO Director defends position
A number of economists from the White House and beyond have criticized a CBO report on the effects of potentially boosting the minimum wage to $10.10 an hour. But CBO Director Douglas Elmendorf isn’t backing off. Congressional Budget Office Director Douglas Elmendorf defended a controversial report on the minimum wage Wednesday, amplifying a debate that … Continue reading
Unemployed Specialist Physicians in Canada / 16 percent of new specialist and subspecialist physicians said they cannot find work; 31 percent pursue further training to become more employable
More than 100 stakeholders in the medical profession are gathering in Ottawa this week to discuss a paradoxical issue affecting health care in Canada: a growing number of doctors without jobs. The National Summit on Physician Employment, to be held Tuesday and Wednesday, was organized by the Royal College of Physicians and Surgeons in response … Continue reading
Unemployment in the US / The top problem for people finds Gallup
Americans have a new No. 1 problem. Nearly one in four Americans mention jobs and unemployment as the most important problem facing the country, up from 16% in January. The government and politicians had topped the list since the government shutdown in October. Chosen excerpts by Job Market Monitor. Read the whole story at Unemployment Rises to … Continue reading
Immigration in Germany / A reform package to update the 2005 law
As Germany concluded its six-month European Union (EU) presidency in June, Germany’s federal policymakers passed a reform package to update the 2005 law on migration and integration. These reforms are an important indicator of the federal government’s newfound responsibility to the immigrants who live in Germany. But the government is using means other than policy … Continue reading
Poverty and Unemployment and Full Employment / The Early Debate between Beatrice Webb, Sidney Webb and William Beveridge
According to Beveridge’s 1944 report, only a state policy of full employment could free Britain from what he termed the ‘giant evils’ of Want, Disease, Ignorance and Squalor. The fight against unemployment and the fight against poverty were one and the same, according to Beveridge: “If we attack with determination, unity and clear aim the … Continue reading
EU Immigration / The Swiss aren’t the only ones concerned
Few paid the vote much mind before it took place, but the referendum’s result last week made it onto the front pages of newspapers across Europe. Politicians from London to Berlin, from Brussels to Rome released statements. And it quickly became clear that the Swiss once again shined the spotlight on an issue that people … Continue reading
Workforce Training Investments in US / A comparaison
We spend $3. billion in federal funds to prepare people for million jobs (4%) that require middle- skill training. That’s enough to train 451,000 people, a small fraction of the 16 million who could benefit from investments in access to training. We spend $ billion in federal funds to prepare people for 5million jobs (3%) … Continue reading
Canada / Oil and natural gas industry supports budget training measures
Canada’s oil and natural gas industry supports federal budget measures announced yesterday to foster growth and development of Canada’s future skilled trades workforce, the Canadian Association of Petroleum Producers said today. “Our industry is the largest employer of skilled trades workers in Canada so we strongly support government measures to promote careers in this sector,” … Continue reading
US Monetary Policy / The recovery in the labor market is far from complete says Yellen
Just because the unemployment rate is falling rapidly, don’t think for a minute that the economy is close to a full recovery. That’s the message Janet Yellen delivered in her first appearance on Capitol Hill since she took the reins of the Federal Reserve. Follow along with MarketWatch’s live blog of Janet Yellen’s testimony. Speaking … Continue reading
Unemployment in UK / Monetary policy forward guidance overhaul
The overhaul of forward guidance sees the direct link with employment dropped so the Bank can focus on a much wider range of indicators. Presenting today’s Inflation Report the governor outlined “the next phase” of forward guidance, saying the Bank aims to see all spare capacity in the UK economy absorbed before it will lift … Continue reading
Canada Job Grant / Provinces react to budget measures
New budget measures aimed at delivering the government’s controversial Canada Job Grant program have upset some provinces in the middle of already fragile negotiations with Employment Minister Jason Kenney. “We were offered a take it or leave it Canada Job Grant program,” P.E.I.’s Finance Minister Wes Sheridan said in a written statement Tuesday evening… The Quebec … Continue reading
Obamacare and Jobs / CBO Says Relax Everyone
Last week, the non-partisan Congressional Budget Office issued its analysis of Obamacare — the Affordable Care and Patient Protection Act — finding that under the act, about 2.5 million workers would leave the workforce by 2024 as a result of the act’s provisions. Republicans immediately seized on the CBO finding, claiming the report proved that … Continue reading
White House Meets Business / To discuss better job training and discrimination against long-term unemployed
The White House released a list of 23 corporate or small business leaders joining with Obama and Vice President Joe Biden to discuss better job training to expand manufacturing capacity and help people who have been jobless for years re-enter the workforce. They include AT&T Inc., CVS Caremark Corp., JPMorgan Chase & Co. and The … Continue reading
Canada Job Grant / Let us determine where cuts will be made says the provinces
Provincial labour ministers will send a counter-proposal to the federal govenment this week aimed at supporting a new Canada Job Grant while preserving training programs aimed at vulnerable Canadians. After a Tuesday meeting by phone, labour ministers agreed on the details of a counter-proposal that is expected to be sent to federal Employment Minister Jason … Continue reading
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