Economy

This tag is associated with 2327 posts

Job Report in US – Employment increased by 228,000 with unemployment 4.1 percent

Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, and health care. Household Survey Data The unemployment rate held at 4.1 percent in November, and the number … Continue reading

Job Report in Europe, October 2017 – Unemployment at 8.8% with 3.722 million young persons (under 25)

The euro area (EA19) seasonally-adjusted unemployment rate was 8.8% in October 2017, down from 8.9% in September 2017 and from 9.8% in October 2016. This is the lowest rate recorded in the euro area since January 2009. The EU28 unemployment rate was 7.4% in October 2017, down from 7.5% in September 2017 and from 8.3% … Continue reading

The workforce in Canada – The 2016 Census (infographics)

Chosen excerpts by Job Market Monitor. Read the whole story at  Canadians in the workforce, 2016 Census of Population

The Great Recession in US – 5 Ways how the workforce has changed

Here are five ways in which the U.S. workforce has changed since the onset of the Great Recession. A smaller share of Americans are in the labor force. In December 2007, two-thirds (66.0%) of civilians ages 16 and over either were employed or actively looking for work; as of October of this year, only 62.7% were. The … Continue reading

Job Report in Canada, October 2017 – Employment increased by 35,000 and unemployment rate rose 0.1 percentage points to 6.3%

Employment increased by 35,000 in October, and the unemployment rate rose 0.1 percentage points to 6.3%. Employment gains in the month were driven by full-time work (+89,000), while fewer people worked part time (-53,000). On a year-over-year basis, total employment rose by 308,000 (+1.7%), with full-time work increasing by 397,000 (+2.7%) and the number of people working part time declining by 89,000 (-2.5%). On a year-over-year … Continue reading

Job Report in US, October 2017 – Total nonfarm payroll employment rose by 261,000 and unemployment down to 4.1 percent

Total nonfarm payroll employment rose by 261,000 in October, and the unemployment rate edged down to 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment in food services and drinking places increased sharply, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, job gains also occurred in professional … Continue reading

Canada – Total employment rose by 186,000 (+1.0%) in the first six months of 2017

Economic activity continued to strengthen in the first half of 2017 as household spending, exports and business investment supported growth. Business outlays on non-residential structures, machinery and equipment, and intellectual property assets rose during the first two quarters of the year, following notable declines during 2015 and 2016. Real gross domestic product (GDP) increased for … Continue reading

Fields of Study across OECD – Disturbing facts

This edition of Education at a Glance focuses on fields of study, analysing various indicators through the prism of young adults’ career choices. Results show that the most common field of study in which tertiary students enrol is business, administration and law, whereas science, technology, engineering and mathematics, commonly referred to as the STEM fields, … Continue reading

Job Report in US, September 2017 – Employment down by 33,000 after hurricanes

The unemployment rate declined to 4.2 percent in September, and total nonfarm payroll employment changed little (-33,000), the U.S. Bureau of Labor Statistics reported today. A sharp employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey.   Chosen excerpts by Job … Continue reading

Job Report in Canada, September 2017 – Employment and unemployment essentially unchanged

Employment was essentially unchanged in September (+10,000 or +0.1%). The unemployment rate remained at 6.2%, matching the low of October 2008. Chart Unemployment rate Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, September 2017

Canada, 2016 Census – 10.8% increase in median total household income in 10 years  

The median total income of Canadian households rose from $63,457 in 2005 to $70,336 in 2015, a 10.8% increase. Today, Statistics Canada is releasing data from the 2016 Census on the incomes of Canadians. This release presents incomes of Canadians as measured in 2015, and looks at trends over the 2005-to-2015 period, a decade of significant income growth and economic change. Chosen excerpts by Job Market … Continue reading

Employment in Europe – Higher-paid jobs have continued to grow faster

During 2016, employment in the EU finally returned to the same level as before the global financial crisis. The recovery that began in 2013 has resulted in the net creation of eight million new jobs. Most of this net new employment has been created in services, but there has also been a marked rebound in … Continue reading

August 2017 Job Report in US – Disappointing with total nonfarm payroll employment increased by 156,000

Total nonfarm payroll employment increased by 156,000 in August, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in manufacturing, construction, professional and technical services, health care, and mining. Household Survey Data In August, the unemployment rate, at 4.4 percent, and the number … Continue reading

Portugal – Raising skills remains a priority and lifelong learning activities should focus more on the low skilled OECD says

Despite significant progress made, improving skills remains one of Portugal’s key challenges for raising growth, living standards and well-being. Upskilling the adult population remains a priority and lifelong learning activities should focus more on the low skilled. While active labour market policies have increased their training content in recent years, spending per unemployed is still … Continue reading

Unemployment in Europe (July 2017) – At 9.1% for the Euro area and 3.792 million under 25 unemployed in the EU28

The euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in July 2017, stable compared to June 2017 and down from 10.0% in July 2016. This is the lowest rate recorded in the euro area since February 2009. The EU28 unemployment rate was 7.7% in July 2017, stable compared to June 2017 and down from 8.5% … Continue reading

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