Job Market Monitor
Economic recovery
The aftermath of the Great Recession in US – Historically terrible for the middle class
The Census Bureau has been tracking median household income since 1967. America has endured seven recessions since then. The first five of those recessions saw a similar pattern when they ended: By the fifth year of recovery, median incomes had risen. This was true even for the recession that ended in 1980 – when the … Continue reading
Canada’s Youth / The unemployment rate doubles the average and there is no job economic recovery
Young people today face an extremely challenging labour market. The unemployment rate for those aged 15 to 24 is double that of the national average and job gains since the economic recovery began have been nearly non-existent. Solving this problem, however, is no easy task. Continue reading
US / What This Job Recovery Looks Like
If we look at trends over the last few years one can see how this recovery is taking hold. Some of the significant changes which have taken place in the last 2 1/2 years include: Administrative positions have risen by 11% and temporary services have increased by 9.7%. These trends point out two trends: businesses … Continue reading
Private sector job recovery stronger than that of early 2000 and at par with that of early 90s
The U.S. economy is working its way back from the Great Recession. One indication has been that unemployment insurance claims have steadily fallen since September and they are now at the same level as in March of 2008. Additionally, layoffs are at the same level as in 2006. We also recently learned that the ratio … Continue reading
Slow Job Recovery | Low-Wage Jobs to Be Blamed
Slower-than-expected employment growth in March 2012 has brought the halting pace of economic recovery into sharp focus again. Nearly three years since the recession officially ended in June of 2009, 12.7 million people are still out of work and unable to find a job—a figure that rises to 22.8 million if workers who have given … Continue reading
Silicon Valley Gaining Back Jobs Lost In Recession « CBS San Francisco
A report released Thursday claimed it will take another two to three years for the Bay Area to regain all jobs that were lost in the recession. However, the report also suggested that the road to recovery runs right through Silicon Valley. The Bay Area Council Economic Institute expects Silicon Valley to recover all of … Continue reading
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