Job Market Monitor
Employment
US – The productivity imperative and the labor markets
The productivity imperative The past 50 years have been a remarkable period for global GDP growth, which was driven in equal measures by expanding the labor pool and increasing the productivity of those worker. But one of those drivers is running out of steam. As the workforce ages in many of the world’s largest economies, … Continue reading
Job Report in US, January 2016 – American employers eased up on the gas
Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, … Continue reading
Job Report in Canada, January 2016 – Employment was virtually unchanged in January (-5,700 or 0.0%) and the unemployment rate edged up to 7.2%
In the 12 months to January, employment increased by 0.7% (+126,000). Over the same period, the unemployment rate rose from 6.6% to 7.2%, as the labour force grew at a faster pace than employment. There was little change in both full-time and part-time employment in January. However, compared with 12 months earlier, full-time work increased by 172,000 (+1.2%) while part time was little changed. … Continue reading
From a Labor Economy to a Talent Economy
With Byron Auguste, Managing Director, Opportunity@Work and Robert Hohman, CEO, Glassdoor.
Technology and Jobs – Is the Fourth Industrial Revolution failing the middle class?
While technology enters its next golden age, the percentage of adults working or looking for work is the lowest in almost 40 years in countries such as the United States. Is the Fourth Industrial Revolution failing the middle class? Chosen excerpts by Job Market Monitor. Read the whole story at The Promise of Progress – World … Continue reading
Alberta – 19,600 Job losses last year
Alberta suffered its worst year for employment losses since the dark days of the National Energy Program and early 1980s recession, revised labour figures from Statistics Canada show. Statscan’s annual revisions of its national Labour Force Survey data ratcheted up Alberta’s job losses last year to 19,600, from the 14,600 the statistical agency originally reported … Continue reading
UK – The graduate job market in 2016
The graduate economy recovered quickly in 2014–15, so the graduate jobs market is now seeing significant shortages in some areas. If anything, they will be even more central to the UK graduate labour market in 2016. We now have widespread graduate shortages across a range of key sectors, such as engineering, building and construction, teaching, … Continue reading
The 2015 job market in US before the last report
Overall, they will show a labor market that continues to recover from the Great Recession. At the same time, a lack of progress on a number of fronts will suggest some serious longer-term problems, which existed before 2008 but were exacerbated by the recession and the slow (though steady) recovery since then. First, the good … Continue reading
The changing in the nature of employment – Corporations with tiny employment rolls and assets now achieve vast market capitalizations
The early 21st century has witnessed a sea change in the nature of employment and in the shape of the corporation in the United States. Employment has shifted from the career, to the job, to the task. In this paper, Jerry Davis argues that the death of the career and the rise of the gig … Continue reading
US – Low participation is the main explanation for depressed employment rates among prime-age Americans
Low participation is the main explanation for depressed employment rates among prime-age Americans. Participation rates are not only low in comparison to levels seen before the Great Recession, they are also now below those in other rich countries. Charts 2 and 3 compare employment-to-population rates among 25-54 year-olds in seven OECD member countries (Canada, France, … Continue reading
UK Job Report (October 2015) – The employment rate has reached a record high
There were 31.30 million people in work, 207,000 more than for May to July 2015 and 505,000 more than for a year earlier. There were 22.88 million people working full-time, 338,000 more than for a year earlier. There were 8.42 million people working part-time, 167,000 more than for a year earlier. The employment rate (the … Continue reading
Job Markets – 10 Predictions for 2016
Here’s where the jobs will be—and what skills you’ll need to get them 1. There will be more lower-level health care jobs. 2. Job opportunities in immigration will increase. 3. Law enforcement jobs will be easier to get. 4. More companies will provide entertainment experiences. 5. More jobs will require analyzing Big Data. 6. There … Continue reading
Occupational Outlook in US – The fastest growing occupations
According to the U.S. Bureau of Labor Statistics (BLS), the civilian labor force in the United States numbered 155.9 million in 2014, and that’s expected to grow to 163.8 million by 2024. What are America’s fastest growing occupations going to be during that time frame? Chosen excerpts by Job Market Monitor. Read the whole story at America’s Fastest Growing Occupations … Continue reading
US November Job Report – Total nonfarm payroll employment increased by a solid 211,000
Total nonfarm payroll employment increased by 211,000 in November, and the unemploymentrate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today.Job gains occurred in construction, professional and technical services, and healthcare. Mining and information lost jobs. Household Survey Data In November, the unemployment rate held at 5.0 percent, and the number … Continue reading
Canada November Job Report – Employment decreased by 36,000 (-0.2%) after the election
Employment decreased by 36,000 (-0.2%) in November, the result of losses in part-time work. The overall employment decline in November followed a similar-sized increase in October. The unemployment rate increased by 0.1 percentage points to 7.1% in November. Compared with 12 months earlier, employment increased by 124,000 or 0.7%, with all the growth in full-time work. Over the same period, the number of hours worked … Continue reading
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