Job Market Monitor
Report
Hiring Trends – Only 6% prefer a one-page executive résumé but page length not an issue
Career Directors International (CDI) had become weary of rumors and folklore when it came to hiring trends. This was especially true as it related to the many ways that résumés ‘could be’ and ‘should be’ written. For example, something said to one job seeker by a recruiter, suddenly becomes a fact quoted by all! These ‘facts’ take on a life of their own … Continue reading
US – Job Access by Transit
The suburbanization of jobs obstructs transit’s ability to connect workers to opportunity and jobs to local labor pools. An analysis of data from 371 transit providers in the nation’s 100 largest metropolitan areas reveals that: Over three-quarters of all jobs in the 100 largest metropolitan areas are in neighborhoods with transit service. Western metro areas … Continue reading
ILO Report – Eurozone risks losing a further 4.5 million jobs
Unemployment in the Eurozone could reach almost 22 million over the next four years, up from 17.4 million, unless policies change course in a concerted manner, the ILO says in a report entitled “Eurozone job crisis: trends and policy responses” . The study warns that without a shift in policy direction all countries in the … Continue reading
OECD – High jobless rates to last until at least the end of 2013
The Employment Outlook 2012 says that the OECD-wide joblessness rate is forecast to remain high at 7.7% in the fourth quarter of 2013, close to the 7.9% rate in May 2012. This leaves around 48 million people out of work across the OECD. In the Euro area, unemployment rose further in May to an all-time … Continue reading
UN Millennium development Goals report 2012 – Extreme poverty is falling in every region
The Millennium Development Goals (MDGs) agreed to by world leaders over a decade ago have achieved important results. Working together, Governments, the United Nations family, the private sector and civil society have succeeded in saving many lives and improving conditions for many more. The world has met some important targets—ahead of the deadline. • Extreme poverty … Continue reading
With so few employers recruiting young people, might the reason be that some candidates simply aren’t good enough?
While the majority of employers are satisfied with their young recruits, a not insignificant minority are not. The next chart shows what proportion of employers (who have recruited a young person) have found their young recruits to be poorly prepared for a variety of reasons. The overwhelming factors are experience and attitude or motivation. Of … Continue reading
UK youth employment challenge – A Report
By comparison to other European countries, youth unemployment in UK is just below average at around 22%, but it is rising and has been rising since 2005. This suggests structural causes beyond the current economic situation: The labour market has been changing in ways that impact negatively on young people Recruitment practices make it increasingly … Continue reading
ILO – European public sector under threat
A new ILO study shows budget deficits have led to significant cuts in European public sector expenditure, employment and wages. It also discusses the key role of social dialogue under the present circumstances. Unprecedented public sector adjustments combined with a lack of social dialogue between government and employees has lowered job security, pay and working … Continue reading
IT Jobs – Always there, always there, always there
It’s what we expect from technologies like smart phones and websites in this hyper-speed, hyper-connected world. But what about you, the people who support those technologies?
OECD – United States: income support would provide much greater value to the unemployed if they were offered in tandem with a more active set of re-employment services
‘Although job creation has improved and the unemployment rate has come down from a high of 10.0% in October 2009, the effects of the recession on the labour market remain‘ writes, unsurprirsingly the OECD in Economic Survey of the United States 2012. (Adapted excerpts by JMM)
Emerging market economies job market more robust
‘In the advanced economies, the first months of 2011 seemed to offer the beginnings of a self-sustaining recovery, a promise that turned out to be a false dawn’ write the Bank for international settlements. If both Advanced and Emerging Market Economies (AE and EME) job markets were hit by the Great Depression, the EME wre much more robust. This … Continue reading
The new Intergenerational Fairness Index shows that overall intergenerational unfairness has worsened in each successive year since 2000
On 26 June 2012, the Intergenerational Foundation marked the formal launch of the Intergenerational Fairness Index, representing the first attempt which has ever been made to systematically measure intergenerational unfairness across time by tracking a range of indicators.
OECD – Canada: Overall productivity has actually fallen since 2002
Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada… The report identifies sluggish productivity growth as the main long-term challenge facing Canada’s economy. Per capita income has increased in recent years, as more people … Continue reading
The Global Skill Gap: 38 million to 40 million fewer workers with tertiary education than employers will need
Over the past three decades, as developing economies industrialized and began to compete in world markets, a global labor market started taking shape. As more than one billion people entered the labor force, a massive movement from “farm to factory” sharply accelerated growth of productivity and per capita GDP in China and other traditionally rural … Continue reading
Higher education job growth continues to outpace overall job growth in US, but the gap is narrowing
Key findings from the report for Q1 2012: Although the growth rate of higher education jobs continued to outpace the growth rate for all U.S. jobs in Q1 2012, the gap has narrowed and the “market share” of higher education jobs was unchanged year-over-year. The number of advertisements for job openings in higher education continued … Continue reading
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