Job Market Monitor
COVID
COVID, Low-Wage Earners and Upskilling – We want front line workers a chance to climb the occupational ladder
After World War Two, America expressed its gratitude to returning veterans by supporting their education. We subsequently renewed and made permanent these well earned benefits for veterans. We should do the same today for the people who are on the front line: grocery workers, food delivery workers, restaurant workers, building cleaners, hospital orderlies, EMTs, and … Continue reading
COVID and Skills – How should you rethink your talent strategy ?
How should you rethink your talent strategy so that you have the people you need when the recovery starts? CEOs will be faced with difficult people decisions. However, given the importance of talent in accelerating progress, it’s critical to adopt a through-cycle mindset on people—not just in keeping the right talent but also in building … Continue reading
COVID and Income Support in Canada – 731,000 jobless women and 681,000 jobless men were without CERB or EI in April
5.3 million women and 3.4 million men were jobless in April. This is up from 1.7 million women and 1.3 million men in March. In April, 14% of jobless women and 20% of jobless men had no income supports. As a result, 731,000 jobless women and 681,000 jobless men were without CERB or EI in … Continue reading
COVID and Reskilling – An opportunity ?
Containment measures imposed to stop the spread of COVID-19 have compelled businesses to lay off or significantly reduce the working hours of many workers. This is an opportunity to reskill workers so they are in a better position to tackle the new business, employment, and technological realities that will be more mainstream once the crisis is … Continue reading
COVID and Income Support in Canada – 1.4 million jobless getting none in April
In April there were 1.4 million jobless Canadians without any income support from EI or CERB, up from 895,000 in March.16% of all jobless Canadians had no support in April, down from 30% in March. The largest group of excluded workers (549,000) lost work before March 15th; they didn’t qualify for EI and can’t get … Continue reading
COVID, Unemployment and Training – The Coursera Workforce Recovery Initiative has 3,800 courses and 400 Specializations available for free
Government agencies serving unemployed populations can get Coursera for unemployed workers at no cost How the program works: 3,800 courses and 400 Specializations available for free Course Certificates offered for each course completed Enrollment is open through September 30, 2020 for organizations to enroll unemployed workers in courses Newly-enrolled learners will have through December 31, … Continue reading
COVID and Labor Market in US – CBO’s Projections : a loss of nearly 27 million jobs and 8 million exits from the labor force
CBO has developed preliminary projections of key economic variables through the end of calendar year 2021, based on information about the economy that was available through yesterday and including the effects of an economic boost from legislation recently enacted in response to the pandemic. In addition, CBO has developed a preliminary assessment of federal budget … Continue reading
COVID and Deaths in Europe – Measuring the true toll
EuroMOMO’s epidemiologists [collect] mortality data on a weekly basis across Europe… And while they don’t break down the absolute numbers of fatalities by country, they do provide a trend chart for each member state on their website. Chosen excerpts by Job Market Monitor. Read the whole story @ Measuring the true toll of the pandemic – The … Continue reading
COVID, Recession and CEOs – 60% believe it will be U-shaped, 22% a ‘double dip’
A survey, conducted by YPO, has revealed what business leaders think a recession sparked by COVID-19 could look like. 60% believe the recession will be U-shaped, whilst 22% believe it could be a ‘double dip’ recession. Many fear that their firms won’t be able to survive the crisis. Global business leaders are preparing for a … Continue reading
COVID et PCU au Canada – Plus de 7 millions de demandes et déjà 22,4 milliards $ sur un budget de 24 milliards payés
Les chiffres publiés en matinée par le gouvernement fédéral révèlent que 22,4 milliards $ ont été versés par l’entremise de la prestation de 2000 $ par mois. Entre le moment où le gouvernement a commencé à accueillir les demandes d’aide, au début du mois, et jeudi, il a reçu 7,12 millions de demandes uniques pour le programme, qui … Continue reading
COVID et Travail en France – Quelles précautions prendre ?
Description : Le ministère du Travail dans le cadre d’un groupe de travail piloté par l’INTEFP (Institut National du Travail, de l’Emploi et de la Formation professionnelle), avec le concours du ministère de l’agriculture, de l’Anses, du réseau Assurance maladie risques professionnels, de l’INRS, de l’Anact et des médecins du travail coordonnés par Présance, a … Continue reading
COVID and Unemployment in US – A chart
Related Post COVID and UI Claims in US – More than 26 M claims since the beginning of lockdowns with 20% of jobless POSTED BY MICHEL COURNOYER ⋅ APRIL 23, 2020 ⋅ LEAVE A COMMENT In the week ending April 18, the advance figure for seasonally adjusted initial claims was 4,427,000, a decrease of 810,000 from … Continue reading
COVID and Labour Market – A far-reaching impact in Europe
The EU-27 countries have introduced varying degrees of stay-at-home mandates or advisories owing to COVID-19, as has the United Kingdom. As of April 7, almost all of the 230 million employees across the EU-27 and the United Kingdom are affected—through the closing of nonessential shops, implementation of remote working and physical-distancing guidelines, cancellation of events, … Continue reading
COVID and Universities in US – It poses serious financial risks
Universities around the country are dealing with health concerns as their first priority, and keeping instruction going—even if imperfectly—as the second priority. After dealing with these immediate issues, the next concern is fear of collapsing revenue. Health and instruction deserve every bit of effort going into them. The extent of worry about collapsing revenue isn’t … Continue reading
COVID, Lockdown and Recession in US – “Automatic stabilizers” are workhorse antirecession programs
The Great Recession is remembered, and properly so, for its massive destruction of household wealth and job losses that reached over 800,000 in a single month. In just the fourth quarter of 2008, real GDP fell at an annual rate of 8.4 percent, while economies across the world were savaged by problems as bad as … Continue reading
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