Job Market Monitor
Employment-to-population ratio
Employment Rate in Canada and the United States since the Last Recession – Both flat
The employment rate corresponds to the percentage of the working-age population that is employed. It allows the interpretation of employment growth in relation to population growth. Employment growth that is greater than population growth can be indicative of an improvement in the state of the labour market. The employment rate increases (decreases) when employment growth … Continue reading
OECD in Q4 2013 – employment rate increased to 65.3%
The OECD area employment rate – defined as the share of people of working-age who are in employment – increased by 0.1 percentage point (to 65.3%) in the fourth quarter of 2013. This was the third consecutive quarterly increase, but the level is still 1.2 percentage points below the one recorded in the second quarter … Continue reading
US / What about the Employment Rate ?
The unemployment rate gets all the press, but the employment rate has been improving lately too. The number of Americans working as a proportion of the overall populace — called the employment-population ratio — rose to 58.8% in January. That level was last consistently seen in 2009. Still, the measure remains well below its prerecession … Continue reading
US Job Report / Total nonfarm payroll employment rose by 203,000 and UR down at 7.0%
Those are good news. But the employment-population ratio is lower than in was a year ago. This performance must be repeated for several months Continue reading
The Nordic Countries / Statistics on integration
Nordic Pocket Facts is the result of cooperation between the Nordic countries that began in 2011. It provides a picture of the similarities and differences of labour market integration in the Nordic countries. It also provides a tool for detecting, revealing and preventing barriers to integration such as discrimination Continue reading
US / Gallup’s measured payroll to population rate increases slightly in october
The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, rose slightly to 43.8% in October, from 43.5% in September. P2P in 2013 continues to lag behind 2012; P2P last month is down almost two percentage points from the 45.7% found in October 2012. via U.S. Payroll to Population Rate Increases Slightly in … Continue reading
US Labor Market / Has the Great Recession created new behaviour ?
The question is whether the Great Recession had created “behavioral changes” in the labor markets. Continue reading
OECD / Employment rate still 1.4 percentage points below pre-crisis level
The OECD area employment rate – defined as the share of people of working-age who are employed – was 65.1% in the second quarter of 2013, 0.1 percentage point higher than in the previous quarter Continue reading
US Employment / Payroll to Population Rate at 43.5% in September says Gallup
The U.S. Payroll to Population employment rate fell slightly to 43.5% in September, from 43.7% in August Continue reading
US / Employment increased by 169,000 in August and and the unemployment rate was little changed
Total nonfarm payroll employment increased by 169,000 in August, and the unemployment rate was little changed at 7.3 percent, the U.S.Bureau of Labor Statistics reported today. Employment rose in retail trade and health care but declined in information. Household Survey Data Both the number of unemployed persons, at 11.3 million, and the unemployment rate, at 7.3 percent, changed … Continue reading
US / Job Market Crawling Along
US – The chart of the change in the employment-to-population ratio—the percentage of working age population that is actually working—still reveals no sign of a takeoff Continue reading
Chart – International comparaison of employment-population ratios by sex
In 2011, among countries covered by the BLS international comparisons program, Mexico had the highest employment-population ratio among men (72.4 percent), and Canada and New Zealand had the highest employment-population ratios among women (58.5 and 58.3 percent, respectively). via International employment-population ratios, 2011.
UK Labour Market | Surprisingly Positive Results
The employment rate for those aged from 16 to 64 was 70.4 per cent, up 0.1 on the quarter. There were 29.17 million people in employment aged 16 and over, up 53,000 on the quarter. The unemployment rate was 8.3 per cent of the economically active population, down 0.1 on the quarter. There were 2.65 … Continue reading
U.S. | Businesses add a disappointing 120,000 jobs in March
U.S. | BLS Commissioner’s Statement on the Employment Situation (Adapted excerpts by Lab Market Monitor) Nonfarm payroll employment rose by 120,000 in March, and the unemployment rate, at 8.2 percent, changed little. Over the prior 3 months, nonfarm job growth had averaged 246,000 per month. Since a recent low point in February 2010, payroll employment has … Continue reading
U.S. | Less Than 6 out of 10 in employment, much worse than that of any of the other four recent recessions
The employment-population ratio is another useful measure for evaluating labor market conditions, as it provides a somewhat different perspective than the unemployment rate. The labor force—the denominator used in the calculation of the unemployment rate—may expand or contract in response to changes in the pace of economic activity. In contrast, the civilian noninstitutional population, the … Continue reading
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