Job Market Monitor
Politics & Policies
Employment Insurance ‘Reform’ in PEI / Far fewer unemployed getting it
The percentage of unemployed people collecting employment insurance on P.E.I. fell dramatically in 2013. Reforms to the EI system by the federal government came into effect one year ago Monday. Figures from Statistics Canada show that through 2012 an average of 95.6 per cent of the unemployed on P.E.I. were receiving employment insurance. During the … Continue reading
Today in US / Yellen and unemployment in the Senate
The Senate is back today from the holiday break, and will confirm Janet Yellen as the next chair, and the first woman chair, of the Federal Reserve Board of Governors. Senators start work at 2 p.m., and will move to Yellen at 3 p.m. At 5:30 p.m., the Senate will vote to confirm her — … Continue reading
UI Benefits Extension in US / Obama to speak on Tuesday
President Barack Obama will ratchet up his administration\’s push for an extension of emergency unemployment benefits on Tuesday with an event at the White House attended by people whose benefits have expired
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US / A Jobs Agenda for the Right
Conservatives should see that there is a role for macroeconomic stimulus in getting the labor market back on its feet. Some limited, targeted, and independently beneficial federal spending can help increase long-term growth and mobility. And monetary policy with its eye on enabling growth can make a big difference. While such efforts can help establish … Continue reading
Minimum Wages and Living Wages in US / A map
The map and chart below show how close each state’s new minimum wage comes to reaching a living wage, meaning one in which a worker can cover food, housing, utilities and other basic expenses. In some cases it\’s not very far at all: Many of the states that raised their wage floors Wednesday still have … Continue reading
Wage Subsidy for youth in South Africa / Employment Tax Incentive Act now in effect
President Jacob Zuma on Wednesday signed into law the Employment Tax Incentive Act, to take effect from January 1 – though it will apply to all young workers hired on or after October 1 this year. The promulgation of the controversial law brings to a close a fierce battle lasting more than two years in … Continue reading
US / ‘Extended’ Unemployment Benefits ending: less active jobless persons looking for work
Editor’s Note: We know what is unemployment insurance. It covers for unemployment. That said, it is also the price we pay to keep the unemployed active. And when the price of something falls, you get less of it on the market. This is what might happen with the end of the ‘extensions’: less active jobless persons … Continue reading
Long-term unemployment benefits expire / Who, why, where …?
Who lost benefits? Anyone who has been collecting unemployment for more than 26 weeks loses benefits, roughly 1.3 million people immediately. Several million more people are expected to hit the limit over the course of the next year; they would lose benefits at that point. The Obama administration estimates that by the end of 2014, … Continue reading
Family and Medical Leave in US / Job Protection Isn’t Enough
Twenty years ago, the Family and Medical Leave Act, or FMLA, was signed into law. Without downplaying the historical significance of the FMLA’s guarantee of job-protected leave for a majority of U.S. workers, it had a limited impact on the frequency of parental leave and no impact on the likelihood that parental leave is paid Continue reading
US / It is more important to maintain spending on Social Security, Medicare and programs to help the poor than to reduce the deficit pool says
Nearly seven-in-ten (69%) say it is more important to maintain current Social Security and Medicare benefits than to reduce the deficit, while 59% prioritize keeping current levels of spending for programs that help the poor and needy over deficit reduction Continue reading
US / The unique importance of UI for today’s unemployed workers
Today’s labor market provides the strongest case for extending UI benefits. It has always been harder to find work the longer you are unemployed, but the situation facing today’s workers is exceptional Continue reading
Canada / Moore should remember that Poverty costs Canada billions of dollars every year
Here’s something Industry Minister James Moore should know, after making his remark that the federal government is not in the business of feeding Canada’s poor children. Every year, Campaign 2000, a non-partisan public education movement to build awareness around poverty issues in Canada, releases a report on the state of our country’s children. It doesn’t … Continue reading
Green Subsidies in Germany / EU regulators launch in-depth probe
The European Commission said on Wednesday it would open a full investigation into Germany’s management of green subsidies, a decision that could lead to higher costs for industry and unsettle investors in renewable energy. Around 2,000 German heavy energy users, including chemical and steel firms such as BASF and ThyssenKrupp , have been exempt from … Continue reading
Spain / Do more labour market reforms OECD urges
Spain could further cut severance pay and better match training programmes to business needs among new steps to reduce Europe’s second-highest jobless rate, the OECD organization of wealthy countries said in a report on Wednesday. The report by the Organization for Economic Co-Operation and Development praised Spain, which is just emerging from a prolonged economic … Continue reading
Canada / Child poverty is not a federal matter says Minister James Moore
Looks like Ottawa won\’t be helping provinces out with child poverty. In a report released on Sunday, Federal Minister of Industry James Moore told News1130 that it is not his job to help British Colombia end its growing child poverty problem. “Is it my job to feed my neighbour’s child? I don’t think so,” Moore … Continue reading
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