Job Market Monitor
Employment
Employment trends by education requirement in US – A shift toward occupations with higher entry education
This article uses Occupational Employment Statistics (OES) data to examine recent employment trends by typical entry-level education requirement (hereafter in this article referred to as “entry education”). As noted earlier, the United States experienced an 18-month economic contraction beginning in December 2007, before entering a period of recovery beginning in June 2009. This section of … Continue reading
Unemployment in Europe, September 2017 – 8.9%, down from 9.0% in August with 3.735 million young persons (under 25)
The euro area (EA19) seasonally-adjusted unemployment rate was 8.9% in September 2017, down from 9.0% in August 2017 and from 9.9% in September 2016. This is the lowest rate recorded in the euro area since January 2009. The EU28 unemployment rate was 7.5% in September 2017, stable compared to August 2017 and down from 8.4% … Continue reading
The labor market in US, 2000–2016 – Recovery from the Great Recession is essentially complete, but there are di cult unemployment and wage issues
In the aggregate the US labor market is doing quite well. Unemployment is currently below 5%, and real weekly earnings of full-time workers increased from the 2000 cyclical peak to the current period of near full employment. The difficulties lie behind the aggregates. Earnings inequality continues to rise, with the growth in earnings most prevalent … 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
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
School-to-Work Transition – 5 main types of regimes
This report presents the comparative overview of the school-to-work (STW) transition pathways, structures and related effectiveness in eight countries : Estonia, Germany, the Netherlands, Poland, Spain, Sweden, Turkey and the UK. In addition, France was reviewed where possible as representing a particular Continental STW transition model. We have applied the Pohl and Walther’s typology of … 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
Job Report in Canada, August 2017 – Employment was little changed, unemployment rate at 6.2%, matching the most recent low of October 2008
Employment was little changed in August (+22,000 or +0.1%). The unemployment rate declined by 0.1 percentage points to 6.2%, matching the most recent low of October 2008, the month prior to the 2008-2009 labour-market downturn. An increase in the number of people working part time (+110,000) was mostly offset by a decline in the number of people employed full time (-88,000). While … 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
Job Report in US, July 2017 – Employment increased by 209,000
Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was little changed at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, professional and business services, and health care. Household Survey Data Both the unemployment rate, at 4.3 percent, and the number … Continue reading
Job Report in Canada, July 2017 – Little change in employment and unemployment declines to 6.3%
Following two months of notable increases, employment was little changed in July (+11,000 or +0.1%). As the number of people searching for work edged down, the unemployment rate declined by 0.2 percentage points to 6.3%. This is the lowest rate since October 2008, just prior to the onset of the 2008-2009 labour market downturn. In the 12 months to July, employment rose by 388,000 (+2.1%), mostly … Continue reading
Zero-Hours Contracts in UK – Around 1.7 million working and another 1.9 million do not provide work
The expression “zero-hours contract” is a colloquial term for a contract of service under which the worker is not guaranteed work and is paid only for work carried out. It generally leads to “a form of working where the worker is not guaranteed any work but has to be available as and when the employer … Continue reading
Grads in France – They obtain on average about 82% of their potential earnings after three years
It is no longer the norm for an individual leaving full-time education in France to obtain a job on a standard employment contract. Typically a young person will spend a number of years moving between fixed-term contracts, special employment measures and, in some cases, unemployment1. However young persons do not remain young, and at some … Continue reading
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