In 2012, the number of Fortune 100 companies offering new salaried employees only a defined contribution (DC) plan rose, as it has for many years. Today, less than a third of these companies offer any DB plan to newly hired salaried workers, and only 11 still offer a traditional DB plan to new hires. Large … Continue reading
. . In the past decade, the middle class in Latin America grew 50%, and now represents 30% of the population. According to the experts, this growth is due to growth and job creation To maintain these gains, the region needs to enact policy reforms within the employment, tax and social security sectors. Ful Report … Continue reading
The Global Employability Survey is an online survey conducted amongst recruiters in 20 countries worldwide with the objective of determining what makes the ideal graduate on a longer term. The survey focuses on the following subjects: What qualities should the ideal graduate have? What qualities make a graduate more employable in the long run? Which … Continue reading
The nonprofit sector’s growth in total wages and employees outpaced government and business between 2000 and 2010, The Nonprofit Almanac 2012 shows. The volume was published this week by the Urban Institute Press. Even during and after the recession, from 2007 to 2010, nonprofit employment grew 4 percent and wages increased 6.5 percent, while they … Continue reading
“Veterans’ employment outcomes in the civilian labor market are an issue of ongoing congressional interest” write Benjamin Collins, David H. Bradley, Cassandria Dortch, Lawrence Kapp and Christine Scott in Employment for Veterans: Trends and Programs for CRS (Adapated choosen excerpts by JMM to follow) This report offers introductory data on veterans’ performance in the civilian labor market as well as a discussion … Continue reading
“Canada’s immigrant selection process needs to be revamped to focus on admitting people with Canadian job offers and skills needed by employers, recommends a new report released today by the Fraser Institute, Canada’s leading public policy think-tank.” This is what says the Press Release on Patrick Grady and Herbert Grubel’s Immigration and the Canadian Welfare … Continue reading
Substantial changes to tax and spending policies are scheduled to take effect in January 2013, significantly reducing the federal budget deficit. According to CBO’s projections, if all of that fiscal tightening occurs, real (inflation-adjusted) gross domestic product (GDP) will drop by 0.5 percent in 2013 (as measured by the change from the fourth quarter of … Continue reading
The release of the Federal Reserve’s 2010 Survey of Consumer Finances is a great opportunity to eeassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI) write Alicia H. Munnell, Anthony Webb, and Francesca Golub-Sass in The National Retirement Risk Index: An Update. (Choosen excerpts by JMM to follow) NRRI shows the share … Continue reading
TAFE training in “need to have” job areas of mining, construction and tourism will receive public funding while training for “nice to have” jobs such as fitness instruction will be slashed under a plan to reorganise Queensland’s vocational-education sector. The Queensland Skills and Training Taskforce’s final report on the future of the state’s vocational-education sector, … Continue reading
The ICT sector and the crisis The global economic crisis immediately had a strong negative impact on innovation worldwide . Total OECD-area business expenditure on research and development (R&D) declined by a record 4.5% in 2009; it declined across all major OECD R&D spenders except Korea and France. In 2010 the recovery that occurred in some countries did … Continue reading
“Congress in recent years passed a number of bills intended in part to jump-start a recovery in the labor market from the recession that began in December 2007” writes Linda Levine in Job Growth During the Recovery (Adapted excerpts by JMM to follow). What was the labor market’s response to these measures ? How well the … Continue reading
But how does the United States stack up against other countries when it comes to said gender equality? According to the 2012 Global Gender Gap Report, released on October 23rd by the World Economic Forum, we’re only 22nd best. writes the Huffington Post. The report ranks 135 countries (which collectively contain over 90 percent of … Continue reading
“ManpowerGroup surveyed nearly 40,000 employers across 39 countries and territories during the first quarter of 2011 to gauge the impact of talent shortages on the global labor market. The results of the sixth annual Talent Shortage Survey reveal a modest upward trend in the percentage of employers having difficulty filling positions due to lack of … Continue reading
“The supply of middle-skill workers will be constrained in the future” write Julia Dennett and Alicia Sasser Modestino in The Middle-Skills Gap: Ensuring an Adequate Supply of Skilled Labor in Northern and Southern New England, published by New England Public Policy Center at the Federal Reserve Bank of Boston on bostonfed.org. Choosen excerpts by JMM … Continue reading
“Over the two decades to the onset of the global economic crisis, real disposable household incomes increased in all OECD countries, by 1.7% a year, on average. In a large majority of OECD countries, household incomes of the top 10% grew faster than those of the poorest 10%, leading to widening income inequality” and “increases … Continue reading