Job Market Monitor
Canada
In The News | Canada – Employment and unemployment, A pledge for veterans, Layoffs, Cross-border shopping and Much More
Canada – After 2 months of large gains, employment was unchanged in May, and the unemployment rate remained at 7.3%. Following two months of large gains, employment was unchanged in May, and the unemployment rate remained at 7.3%. Compared with 12 months earlier, employment increased 1.2% or 203,000. Virtually all of this growth was in full-time work, up 192,000 (+1.4%). The total … Continue reading
In The News | US Labor Market Is In A Full-Blown Depression, Joseph Stiglitz on The Price of Inequality, States with the widest income gap, Certificates pay off, Layoffs, layoffs and a bit of hiring plus Much More
The US Labor Market Is In A Full-Blown Depression zerohedge.com – Now that stocks are back to reflecting nothing more than expectations of how many times the Chairsatan dilutes the existing monetary base in a carbon copy replica of not only 2011 but also 2010… … JobMarketMon Joseph Stiglitz on “The Price of Inequality: How Today’s … Continue reading
In The News | Labor Market Mismatch and, Job Cuts Surge 67% in U.S., Teachers Layoffs Continue, Olympus Cuts 2,500 jobs, Benefits Cuts For Seasonal Workers in Canada and NJ and More
Unemployment is a labor market mismatch – Economics – AEI aei.org – After an unexpected upswing at the beginning of this year, the labor market appears to be back in the doldrums again. The month-on-month employment increases of 200,000-240,000 workers in December,… JobMarketMon US May Job Cuts Surge 67% From A Year Ago -Challenger – WSJ.com … Continue reading
In The News | SMEs in Gulf economy, Africa, Skills Gap, Layoffs, Flat U.S. Wages, Sunday papers axed, Improving EI and More
SME role in Gulf economy, jobs growth ‘woefully low’ gulf-times.com – Small and medium enterprises’ (SMEs) contribution to the overall Gulf economy and employment sector is woefully low and need a big push for the region to enhance its economic diversification, the … JobMarketMon Flat U.S. Wages Help Fuel Rebound in Manufacturing – WSJ.com online.wsj.com – Joey … Continue reading
Canada | The Issue is Unemployment Not Labour Shortages
The federal government is basing labour market policy on the belief that, as Jason Kenney pithily puts it in today’s Globe, there are “large and growing labour shortages.” Hence moves to bring in even more temporary foreign workers at lower than average wages, and to push EI claimants into supposedly available jobs. Not that the … Continue reading
Canada | Fed Budget, Mammoth Bill and EI system
The Conservative government says Canadians receiving an income under the Employment Insurance program will be required to lower their standards when looking for work or risk losing their benefits. It’s a small step, but it should be the start of a major overhaul of a system that often seems to reward seasonal workers in regions … Continue reading
Canada | Best two-month employment gain in three decades
Employment increased by 58,000 in April, mostly in full-time work. This was the second consecutive month of notable gains after four months of little change. With more people searching for work, the unemployment rate increased by 0.1 percentage points to 7.3%. Compared with 12 months earlier, employment was up 1.2% or 214,000. All of the growth over the 12 months was in full-time work, up 217,000 (+1.6%), while … Continue reading
Job Search | Ageism exists
Ageism does exist, as many types of discriminations do when hiring. What you need to do, however, is strategically plan how you are going to present yourself in an interview. Right now there is a declining work force. Thousands and thousands of people are retiring, taking with them years of institutional knowledge. This knowledge is … Continue reading
UPDATE – Canada | Fed Budget | The Third Wave
Parks Canada hit hard as nearly 4,000 public-sector workers receive job notices Parks Canada has been hit especially hard in the latest round of federal public service cuts announced Monday, with the department receiving nearly half of the 4,000 notices of affected and surplus jobs, according to the largest union of federal public servants. The … Continue reading
Canada | Fed Budget | A Third Wave coming while 4,000 to 6,000 to receive notices at StatCan and HRDC
Union bosses are warning that “thousands” of public service sector employees will be receiving notices advising them that their jobs will be “affected” as a result of the government’s spending cuts this week, just as members of one of Canada’s largest unions meet for a national convention in Ottawa beginning Sunday. Speaking to CBC News … Continue reading
TransHub Ontario aims to add 5,000 jobs by 2015
A regional transportation advocacy group should target large manufacturers, trucking companies and warehouses in the GTA to sell them on moving west to get out of gridlock. That’s one of the recommendations of a new report laying out the action plan for the next three years of TransHub Ontario. The year-old group aims to capitalize … Continue reading
Feds’ budget cuts would cost 108,000 fewer jobs to the Canadian economy
The Canadian economy could grow at a slower pace, and have 108,000 fewer jobs as the federal government cuts more than $5 billion in spending and eliminates the deficit by 2015, according to a report from Parliament’s spending watchdog. The economic and fiscal outlook from Parliamentary Budget Officer Kevin Page, released Wednesday morning, also predicts … Continue reading
Canadians Among the Most Satisfied Employees in the World finds Randstad
According to the latest Randstad Workmonitor study, which surveys employees in 32 countries around the world, one out of three Canadians say they are very satisfied with their current employer – placing Canadians amongst the highest employee satisfaction levels reported globally. The Randstad Workmonitor asked workers from around the world to rank their satisfaction level … Continue reading
Canada | Labour Market roars back in March but economists are skeptical about recent swings in data
Bumpy patterns in Canada’s labour force survey are causing headaches for economists. The last jobs report showing a 82,300 employment gain was the biggest bump since the onset of the recession and the fourth-largest increase ever. Most economists are skeptical about both the outsized gain and the job market’s weakness in previous months. It also … Continue reading
162 layoffs in Quebec City | Illegal says Union
The 162 blue-collar layoffs issued by the City of Quebec yesterday are illegal. This was the legal opinion given to the executive of the City’s manual workers’ union (Syndicat des employés manuels – CUPE 1638) who were quick to file a motion for intervention with the Quebec labour relations board, the Commission des relations du … Continue reading
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