Job Market Monitor
Politics & Policies
US / A policy vacuum on jobs?
The Economic Policy Institute have been charting workers missing from the US economy – not working, but not classified as ‘unemployed’ either. As of last month their calculations show over 6 million people of working age fit this category. If these missing workers start looking for work, or are otherwise recognized as being unemployed, the … Continue reading
US Jobs Stats / House panel to investigate unemployment data
Did Census Bureau employees fabricate data used in calculating the nation’s unemployment rate? A House panel, led by Republicans, has opened an investigation Continue reading
US Jobs Stats / No ‘systematic manipulation’ says Census: Systematic?
There is no sign U.S. jobs statistics have been compromised by broad-based employee fabrication of data, according to the Census Bureau. Continue reading
Canada’s Premiers Meeting / Pensions and Canada Job Grant top of agenda
Canada’s provincial and territorial premiers will be discussing pensions and the federal job grant program when they meet in Toronto today Continue reading
Unemployment Insurance Extensions in US / 310,000 Jobs lost in 2014 if they expire finds the Economic Policy Institute
Federally funded extended unemployment insurance (UI) benefits are set to expire at the end of this year. These benefits serve two very useful public purposes. Most obviously, they provide a lifeline to the long-term unemployed and their families during the deepest and longest economic downturn since the 1930s.1 Less understood but equally crucial, the UI … Continue reading
Canada Job Grant / No agreement reached on friday
Ottawa needs to satisfy the provinces’ concerns if it wants to launch the program, said Ontario minister Brad Duguid. “The fact of the matter is, the provinces and territories are very united on this,” said Duguid. “We will not fund or support any program that funds a new federal program on the backs of our … Continue reading
Brazil / President seeks 20% racial jobs quota
Brazil’s president is to ask parliament to pass a law reserving 20% of the nation’s government jobs for blacks. Continue reading
US / ‘One-stop shop’ to attract foreign investment to generate jobs
The US launched a fresh effort Thursday to attract investment by foreign manufacturers and other businesses as the government seeks to pull down stubbornly high unemployment. President Barack Obama was to address 1,200 foreign and US business leaders in Washington as the White House tries to further lower barriers to foreign investment. White House officials … Continue reading
US / Christina Romer: Use fiscal policy, the other main tool
In a fascinating speech last week at Johns Hopkins (via Matthew Klein), former Obama economic advisor Christy Romer proposes a totally different framework for stimulus. Essentially we lean on fiscal stimulus more, but we set it up so that it’s permanently flexible … and thus more like monetary policy. So when the economy goes to … Continue reading
UK / Two Yorkshire councils cut 1,000 jobs
TWO Yorkshire councils have drawn up plans to cut about 1,000 jobs in a further round of spending cuts. Bradford Council is looking to reduce the number of posts by 696 over the next two years and neighbouring Kirklees Council expects to shed 300 posts next year. Council leaders in Bradford have drawn up budget … Continue reading
US / Sen. Paul threatens to hold Yellen nomination
Sen. Rand Paul is threatening to put a hold on the nomination of Janet Yellen to chair the Federal Reserve, a source close to the Kentucky Republican said Friday Continue reading
Europe / Unemployment is by far the main problem pool finds
Europeans believe that unemployment is by far the main problem that their country is facing. Continue reading
South Africa’s National Skills Conference / A Collision
A friend who attended last week’s National Skills Conference at Birchwood confirmed my prediction that delegate gossip would centre on two separate task team reports on the future of skills development in South Africa. As such, they probably went back to their rooms and had nightmares of a catastrophic mid-air collision that left the national … Continue reading
Canada / The government is committed to fixing the skills mismatch with the Canada Job Grant says Kenney
In a keynote speech today at the Association of Canadian Community Colleges, the Honourable Jason Kenney, Minister of Employment and Social Development and Minister for Multiculturalism, emphasized the importance of the skilled trades and the vital role of Canada’s colleges in preparing the skilled workforce of the future. “Our government’s top priorities are creating jobs, … Continue reading
Immigration / U.S. loses out to Canada
Canada really shines in comparison to the United States is in its immigration policy Continue reading
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