Labor markets remain stable in many advanced economies, according to unemployment rates and employment growth data compiled and standardized by The Conference Board International Labor Comparisons (ILC) program for September. The unemployment rate in September was unchanged in four of the nine countries compared. Unemployment decreased in three countries – U.S., Japan and Australia. Japan … Continue reading
According to a new report released by The Conference Board, older workers intend to postpone their retirement now more than ever, despite a recovering U.S. economy. Using data from the August 2012 Consumer Confidence Survey, Trapped on the Worker Treadmill? documented a sharp increase in plans to delay retirement among workers between the ages of 45 … Continue reading
Human capital professionals are struggling to meet the needs of an-ever changing global business landscape. As global markets and technology evolve, “people processes” are failing to keep pace. While tremendous strides have been made over the past decade in areas like workplace diversity and flexibility, the human capital function has largely lagged behind in effecting … Continue reading
Even in a time of 8% unemployment, some jobs go begging. Surveys reveal a significant share of companies report difficulties filling certain jobs. What’s a company to do when it can’t find workers with needed skills? Work its current employees for longer hours. That’s the conclusion by economists at the Conference Board. The trend suggests … Continue reading
“The trends just aren’t that strong,” Mr. Antunes said in an interview. “We’re still looking at soft job creation.” After a loss of 2,800 jobs in February and losses in two of the final three months of 2011, an increase of the magnitude witnessed in March is unsustainable, the board said. The board’s projection for … Continue reading
The economy grew slightly faster than initially thought in the fourth quarter and a gauge of factory activity in the Midwest hit a 10 month-high in February, pointing to underlying strength in the economy. Gross domestic product expanded at a 3 percent annual rate, the quickest pace since the second quarter of 2010, the Commerce … Continue reading
The Conference Board’s forward-looking indicator on labour markets suggests job growth will continue to be modest in the upcoming months. The think tank’s help-wanted index for February shows a mixed climate for job seekers. Prospects appear stronger in the West, but weak throughout much of Ontario. The index is one of the few forward-looking indicators … Continue reading