Job Market Monitor
Economy
Employment rate in EU, 2017 – A record level for people aged 20 to 64
In 2017, the employment rate of people aged 20 to 64 in the European Union (EU) stood at 72.2%, up compared with 2016 (71.1%). The Europe 2020 strategy target is to reach a total employment rate for people aged 20 to 64 of at least 75% in the EU by 2020. This objective has been … Continue reading
Job Report in US, March 2018 – Employment up by 103,000 and unemployment unchanged (4.1 %)
Total nonfarm payroll employment edged up by 103,000 in March, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in manufacturing, health care, and mining. Household Survey Data In March, the unemployment rate was 4.1 percent for the sixth consecutive month,and the number of unemployed … Continue reading
Unemployment in Europe, February 2018 – 8.5% with 17.7% for under 25
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Job in EU Regions – 231 of them (84%) saw it grows in 2016
In 2016, 231 of the EU regions (84%) saw their employment grow in 2016. In 32 other regions, the number of persons employed decreased and in a further 12 employment remained stable. Growth in employment varied widely across the EU regions and within countries. The highest employment growth rates were recorded in Podkarpacie (+7.9%) and … Continue reading
Job Report in Canada, February 2018 – Employment was little changed (+15,000) and unemployment at 5.8%
Employment was little changed in February (+15,000). The unemployment rate declined by 0.1 percentage points to 5.8%. On a year-over-year basis, employment grew by 283,000 or 1.5%. All of this increase was attributable to gains in full-time work (+283,000 or +1.9%), while part-time employment was unchanged. Over the same period, hours worked rose by 3.2%. Employment increased in New Brunswick and Nova Scotia, … Continue reading
Unemployment in Europe, January 2018 – Euro area at 8.6%, EU28 at 7.3% with 3.646 million young persons
The euro area (EA19) seasonally-adjusted unemployment rate was 8.6% in January 2018, stable compared to December 2017 and down from 9.6% in January 2017. This is the lowest rate recorded in the euro area since December 2008. The EU28 unemployment rate was 7.3% in January 2018, stable compared to December 2017 and down from 8.1% … Continue reading
The Current State of the World of Work – Some progress in the world of work has been achieved says ILO
There has been considerable progress in terms of socio-economic development and recognition of rights. These include, but are not limited to, the following: Job creation has been positive, albeit slightly below the rate of population growth: Total employment (including employees, contributing family workers, own-account workers and employers) continues to grow and has been accompanied by … Continue reading
Job Report in Canada, January 2018 – Employment fell by 88,000 and unemployment increased to 5.9%
Following two months of increases, employment fell by 88,000 in January. Part-time employment declined (-137,000), while full-time employment was up (+49,000). At the same time, the unemployment rate increased by 0.1 percentage points to 5.9%. On a year-over-year basis, employment grew by 289,000 or 1.6%. Gains were driven by increases in full-time work (+414,000 or +2.8%), while there were fewer people working part time … Continue reading
Wages in US – Why pay has lagged behind
With the nationwide unemployment rate at 4.1 percent, the lowest since 2000, economists have been surprised by the slow growth in workers’ paychecks. Historically, when that few people are unemployed, companies have had to pay more to attract workers — simple supply and demand. But maybe competition for workers isn’t quite as intense as the … Continue reading
Job Report in US, January 2018 – Employment increased by 200,000, unemployment rate was unchanged and hourly earnings up by 2.9 percent
Total nonfarm payroll employment increased by 200,000 in January, 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 construction, food services and drinking places, health care, and manufacturing. Household Survey Data In January, the unemployment rate was 4.1 percent for the … Continue reading
Job Vacancies in Canada, QIII 2017 – 468,000, up 15.1% (62,000) in one year
Canadian businesses reported 468,000 job vacancies in the third quarter, up 62,000 (+15.1%) from the third quarter of 2016. The overall job vacancy rate increased 0.3 percentage points to 2.9% in the quarter. The job vacancy rate represents the number of job vacancies expressed as a percentage of labour demand; that is, the sum of all occupied and vacant jobs. Vacancies for permanent … Continue reading
Job Report in Europe, November 2017 – Unemployment at 8.7% with 3.698 million young persons unemployed
The euro area (EA19) seasonally-adjusted unemployment rate was 8.7% in November 2017, down from 8.8% in October 2017 and from 9.8% in November 2016. This is the lowest rate recorded in the euro area since January 2009. The EU28 unemployment rate was 7.3% in November 2017, down from 7.4% in October 2017 and from 8.3% … Continue reading
Job Report in US, December 2017 – Employment increased by 148,000 and unemployment rate was 4.1 percent for the third consecutive month
Total nonfarm payroll employment increased by 148,000 in December, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care, construction, and manufacturing. Household Survey Data In December, the unemployment rate was 4.1 percent for the third consecutive month. The number of unemployed … Continue reading
Job Report in Canada, December 2017 – Unemployment rate at 5.7%, the lowest since comparable data became available in January 1976
Employment increased for a third consecutive month, up 79,000 in December. The unemployment rate continued on a downward trend, decreasing by 0.2 percentage points to 5.7%, the lowest since comparable data became available in January 1976. The employment increase in December was concentrated in part-time work, which rose by 55,000. The additional employment in December builds on growth observed in October … Continue reading
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
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