Job Market Monitor
COVID
Covid, Virtual Instruction and Course Completion – A 6.7 percentage point decrease driven by increases in both course withdrawal and failure in Virginia Community Colleges
The COVID-19 pandemic led to an abrupt shift from in-person to virtual instruction in Spring 2020. Using a difference-in-differences framework that leverages within-course variation on whether students started their Spring 2020 courses in person or online, we estimate the impact of this shift on the academic performance of Virginia’s community college students. We find that … Continue reading
Covid and Long-Term Unemployment in UK – Eight design intervention principles
Long-term unemployment could hit 1.6 million in 2021-22 – a 600% increase and the highest since 1994. These are our estimates, based on Office for Budget Responsibility (OBR) scenarios for total unemployment. People become long-term unemployed when they have been out of work for 12 months and it scars individuals, families, and communities for years … Continue reading
Covid – Graduate recruitment volumes are down everywhere
Covid-19 is having a profound and damaging impact on the global economy. Many countries are reporting dramatic rises in levels of unemployment. There is concern that these changes are having a disproportionate impact on young people. This report explores how these economic changes are impacting on graduate recruitment in 21 countries. Findings are based on … Continue reading
Apprenticeships after Covid in UK – What future ?
The Covid-19 pandemic outbreak and the ensuing economic uncertainty caused interruptions to apprenticeship training. This is putting the future of apprenticeships at risk just at the time when they will be most needed to protect employment and sustain the recovery. Apprenticeships offer a mix of training on the job and additional off-the-job training. This is … Continue reading
COVID and Work and Education Inequalities in UK – Those aged 16-25 were over twice as likely as older employees to have suffered job loss
The purpose of this brief paper is to present initial findings from the recently collected LSE-CEP Social Mobility survey, which was undertaken as part of our UKRI project ‘Generation COVID and Social Mobility: Evidence and Policy’. These are the first results from a project that is producing a detailed assessment of COVID-19’s impact on education … Continue reading
Covid and Labour Demand in US Cities – Factors related to regional resilience
This paper presents a contemporary analysis of the labour market dynamics during the first months of the COVID-19 pandemic, a crisis that affected all facets of life across the world. Research that investigates previous economic crises shows that subnational regions react very differently to the same shock (Martin, 2012[6]) and that regional characteristics play a … Continue reading
COVID and Social Dialogue – A tool to make a difference
A new ILO study shows that most of the ILO member States made extensive use of ‘peak-level’ social dialogue to shape emergency measures for mitigating the socio-economic impacts of the COVID-19 pandemic. Key points For 15 March to 10 June 2020, it was found that: A majority of countries and territories – 134 out … Continue reading
COVID and Jobs at the Local Level – Community-driven, evidence-based approaches to better link and prepare workers for the good jobs that do and will exist
When a durable recovery strategy from the COVID-19 pandemic finally emerges, it will confront not just one badly damaged economy, but numerous fractured economies. The pandemic recession is hitting some sectors harder than others, with regions dependent on manufacturing and hospitality particularly devastated. Even state and local government jobs have taken a hit, which will … Continue reading
Covid, Government Financial Support and Output in US – Will boost GDP by 4.7 percent in 2020 and 3.1 percent in 2021, by about 59 cents for every dollar over 3 years
In March and April of 2020, four major federal laws were enacted in response to the 2020 coronavirus pandemic. Those laws, which contained a wide array of conventional and unconventional fiscal policies, will add $2.3 trillion to the deficit in fiscal year 2020 and $0.6 trillion in 2021, according to the Congressional Budget Office’s estimates. … Continue reading
Covid et l’Assurance-Emploi au Canada – Un taux de cotisation d’au moins 1,93$ après le gel
Aujourd’hui, la Commission de l’assurance-emploi du Canada (CAEC) a établi le taux de cotisation d’assurance‑emploi pour 2021 à 1,58 $ pour chaque tranche de 100 $ de gains assurables pour les employés, et à 2,21 $ pour les employeurs, qui paient 1,4 fois le taux des employés. Cela demeure inchangé par rapport au taux de … Continue reading
Hourly Labour Costs in Europe – Rose by 4.2% when the COVID-19 containment measures were widely in force
In the second quarter of 2020, the quarter when the COVID-19 containment measures were widely in force in the European Union, the hourly labour costs rose by 4.2% in the euro area and by 4.1% in the European Union (EU), compared with the same quarter of the previous year. In the first quarter of 2020, … Continue reading
COVID, Labour Market Policy and Public Employment Services – A key part of the mix of policy responses
The COVID-19 pandemic has severely disrupted economies and labour markets in all world regions. Labour market programmes are a key part of the mix of policy responses that governments have put in place to protect jobs, enterprises and incomes from the fallout of the pandemic. As in previous crises, policy-makers in emerging and developed economies … Continue reading
COVID and Furloughed Workers in UK – Millions have returned to work but …
This morning, HMRC published its latest round of statistics on the Coronavirus Job Retention Scheme (JRS). For the first time, we have a time series of the number of furloughed workers, as opposed to the cumulative total, meaning we can see how use of the scheme has evolved since the start of April. Here are … Continue reading
Covid and Jobs in Latin America and the Caribbean – 42.4% in sectors at high risk and 16.5% in sectors at medium-high risk
Employment Situation in Latin America and the Caribbean is a twice-yearly report prepared jointly by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Office for the Southern Cone of Latin America of the International Labour Organization (ILO). The coronavirus disease 2019 (COVID-19) pandemic hit Latin America … Continue reading
Covid and Teleworking – A practical Guide by ILO
The purpose of the Guide is to provide practical and actionable recommendations for effective teleworking that are applicable to a broad range of actors; to support policymakers in updating existing policies; and to provide a flexible framework through which both private enterprises and public sector organizations can develop or update their own teleworking policies and … Continue reading
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