Job Market Monitor
Employment
Involuntary Part-Time in US – Increased incidence during recessions research finds
In this paper we argue that involuntary part-time work has been overlooked by research on the dynamics of labor markets, which has mainly focused on unemployment. The notion of involuntary part-time work is closely related to that of unemployment, in that both entail a constraint on workers’ desired labor supply. An individual is considered to … Continue reading
Job Report in Canada, March 2016 – Employment increased by 41,000 (+0.2%), lowering the unemployment rate to 7.1%
After three months of little change, employment increased by 41,000 (+0.2%) in March, lowering the unemployment rate by 0.2 percentage points to 7.1%. With the gains in March, employment grew by 0.2% in the first quarter (+33,000). This was the fourth consecutive quarter with 0.2% employment growth. In the 12 months to March, employment increased by 130,000 (+0.7%), the result of growth in full-time work. Over … Continue reading
The Job Market In US – Most views positive in last 15 years PEW’s survey shows
Americans are now more positive about the job opportunities available to them than they have been since the economic meltdown, when views of the job market took a nosedive. Today’s more upbeat views rank among some of the best assessments of the job market in Pew Research Center surveys dating back 15 years. In a … Continue reading
Job Report in US, March 2016 – Clearly a strong report: total nonfarm payroll employment rose by 215,000 and the unemployment little changed at 5.0 percent
Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in retail trade, construction, and health care. Job losses occurred in manufacturing and mining. Household Survey Data In March, the unemployment rate (5.0 percent) and the … Continue reading
Global Job Market Outlook – Unemployment to increase by a further 3.4 million over the next two years ILO says
The global economic slowdown that occurred in 2015 is likely to have a delayed impact on labour markets in 2016, resulting in a rise in unemployment levels, particularly in emerging economies. Based on the most recent growth projections, global unemployment is expected to rise by nearly 2.3 million in 2016 and by a further 1.1 … Continue reading
Women – Work Trends 2016
Gender gaps in labour force participation and employment rates declined only marginally Between 1995 and 2015, the global female labour force participation rate decreased from 52.4 to 49.6 per cent. The corresponding gures for men are 79.9 and 76.1 per cent, respectively. Worldwide, the chances for women to participate in the labour market remain almost … Continue reading
Finland – A labor pact could be clinched
Finland’s government sees good prospects for unions and employers’ representatives to reach a comprehensive labor reform deal next week, Economic Affairs minister Olli Rehn said on Friday. A handful of Finnish unions have opposed a proposed labor pact, a centerpiece of government efforts to haul the economy decisively out of recession by making exports more … Continue reading
Robots and Jobs in US – Two-thirds of Americans expect that robots and computers will do much of the work currently done by humans within 50 years
A majority of Americans predict that within 50 years, robots and computers will do much of the work currently done by humans – but few workers expect their own jobs or professions to experience substantial impacts Chosen excerpts by Job Market Monitor. Read the whole story at Future of Workforce Automation: Americans’ Predicitions | Pew Research … Continue reading
Job Report in Canada, February 2016 – Employment was virtually unchanged and unemployment rate rose by 0.1 percentage
Employment was virtually unchanged in February (-2,300 or 0.0%) as gains in part-time work were offset by losses in full time. The unemployment rate rose by 0.1 percentage points for the third consecutive month, reaching 7.3% for the first time since March 2013.On a year-over-year basis, employment grew by 0.7% (+118,000), with the gains mostly coming from full-time work (+82,000 or +0.6%). At … Continue reading
Europe – Is there a ‘double dividend’ of cleaner energy and job creation?
It is widely accepted that the transition to low-carbon technologies in the energy sector will have positive impacts on the environment through reduced emissions and will thus raise the chance to avoid dangerous climate change by keeping global warming below the threshold of 2°C above pre-industrial levels. However, there is an ongoing debate about the … Continue reading
Job Report in US, February 2016 – Charts
The labor market is proving to be one of the most resilient segments of the economy in 2016. Chosen excerpts by Job Market Monitor. Read the whole story at US Labor Market Charts, March 2016 – Business Insider Related Post Job Report in US, February 2016 – Total nonfarm payroll employment increased by 242,000 and and … Continue reading
Job Report in US, February 2016 – Total nonfarm payroll employment increased by 242,000 and and the unemployment rate was unchanged at 4.9 percent
Total nonfarm payroll employment increased by 242,000 in February, and the unemployment rate was unchanged at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining. Household Survey Data In … Continue reading
UK – Support for the over 50s should be at the heart of a full employment strategy Resolution Foundation says
The government should target encouraging over one million more people over 50 into work by the end of the parliament as part of its full employment drive, the Resolution Foundation says today (Saturday) ahead of a major report into securing full employment. The call comes ahead of the final report next week of the Foundation’s … Continue reading
Job Report in UK, February 2016 – The employment rate reaches a record high of 74.1%
Main points for October to December 2015 There were 31.42 million people in work, 205,000 more than for July to September 2015 and 521,000 more than for a year earlier. There were 22.98 million people working full-time, 387,000 more than for a year earlier. There were 8.43 million people working part-time, 134,000 more than for … Continue reading
The global employment challenge and the productivity solution
Global employment growth has been slowing for more than two decades. By around 2050, our research finds, the global number of employees is likely to peak. In fact, employee headcounts are already declining in Germany, Italy, Japan, and Russia; in China and South Korea, they are likely to begin falling as early as 2024. While … Continue reading
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