Job Market Monitor
Employment
Temporary Help Employment in US – Accounts for a large share of gross job losses and job gains
The temporary help industry accounts for about 2 percent of average daily employment in the U.S. economy but plays an outsized role in workforce adjustment during recessions and recoveries. During the last recession, the largest since the Great Depression of the 1930s, employment in the temporary help industry contracted by 30 percent and accounted for … Continue reading
US Job Report for May – Total nonfarm payroll employment increased by 280,000 and
Total nonfarm payroll employment increased by 280,000 in May, and the unemployment rate was essentially unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, leisure and hospitality, and health care. Mining employment continued to decline. Household Survey Data In May, both the unemployment rate … Continue reading
Canada Job Report for May – Employment increased by 59,000
Employment increased by 59,000 in May, driven by gains in the number of private sector employees. The number of people participating in the labour market also rose in May, leaving the unemployment rate unchanged at 6.8% for the fourth consecutive month. Since the beginning of 2015, employment gains have averaged 20,500 per month. In the 12 months to May, employment increased by 192,000 (+1.1%), the … Continue reading
Record Unemployment in France – 100,000 state-sponsored jobs to come
The French government said it will create 100,000 extra state-sponsored jobs after data showed the number of unemployed people in France reached a fresh record high in April. Labor Minister Francois Rebsamen announced the plans on Monday as he reported the number of category A job seekers– defined as registered job seekers who are fully … Continue reading
Global Supply Chains – Jobs shrink ILO finds
Global supply chains (GSCs)* developed at a fast rate over the last two decades and the number of jobs associated with them grew rapidly from the late 1990s until the financial crisis, reaching almost 500 million by 2007. But after a sharp drop in 2009, GSC-related jobs have only recovered modestly and their share of … Continue reading
Canada’s Oil and Gas Industry – Could lose as many as 185,000 direct and indirect jobs
In 2014, the oil and gas industry spent more than $125 billion on exploration, development and production activities in Canada, supporting more than 720,000 direct and indirect jobs. With an anticipated $31 billion reduction in capital and operational expenditures in 2015, the Canadian economy could lose as many as 185,000 direct and indirect jobs related … Continue reading
Renewable Energy Industry Jobs – More than 7.7 million people worldwide
More than 7.7 million people worldwide are now employed by the renewable energy industry, according to a new report released today by the International Renewable Energy Agency (IRENA). This is an 18 per cent increase from last year’s figure of 6.5 million. The report, Renewable Energy and Jobs – Annual Review 2015, also provides a … Continue reading
Europe – 9 New forms of employment
Across Europe, new forms of employment are emerging that are different from traditional standard or non-standard employment in a number of ways. Some transform the relationship between employer and employee, some change work organisation and work patterns, and some do both. This report identifies nine forms of employment that are new or have become increasingly … Continue reading
Local Taxes and Incentives for Jobs Creation
Late last year the electric carmaker Tesla chose Nevada as the site of its future “gigafactory,” where it will produce all of the batteries to power its vehicles. The company expects the factory to cost $5 billion to build and to eventually employ around 6,000 people. Tesla cited Nevada’s offer of low taxes as an … Continue reading
Latin America and the Caribbean Outlook – Unemployment will be up 0.2 percentage point
The unencouraging economic outlook for the current year will likely prompt a mild increase in the regional unemployment rate to 6.2% from the 6.0% registered in 2014, according to estimates released today by the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO). In a new edition of their … Continue reading
UK Job Report – Employment rate for people aged from 16 to 64 at record level (73.5%)
Main points for January to March 2015 Comparing the estimates for January to March 2015 with those for October to December 2014, employment continued to rise and unemployment continued to fall. These changes maintain the general direction of movement since late 2011 to early 2012. There were 31.10 million people in work, 202,000 more than … Continue reading
April Job Report for Canada – Employment down by -20,000, UR held steady at 6.8% for the third consecutive month
Employment edged down in April (-20,000), as gains in full-time work were more than offset by losses in part time. The unemployment rate held steady at 6.8% for the third consecutive month. In the 12 months to April, employment increased by 139,000 (+0.8%), with all of the growth in full-time work. Over the same period, the total number of hours … Continue reading
US Job Report April 2015 – Total nonfarm payroll employment increased by 223,000, UR essentially unchanged at 5.4 percent
Total nonfarm payroll employment increased by 223,000 in April, and the unemployment rate was essentially unchanged at 5.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, and construction. Mining employment continued to decline. Household Survey Data In April, both the unemployment rate (5.4 percent) … Continue reading
Africa – Most of the world’s jobseekers will be there in the next 20 years
Globally, the number of people eager to get earning continues to grow year on year, and a new report from the IMF shows that in the next 20 years, most of the world’s jobseekers will be in Africa. “As both infant mortality and fertility rates decline, sub-Saharan Africa will become the main source of new … Continue reading
Canada in 2014 – Full time employment-increased by 158,000, mainly in Western Canada
Full-time and core-age employment advanced in 2014 While employment growth in 2014 was little changed from the previous year, both full-time work and employment among core-age workers strengthened in 2014 on gains in the second half of the year. Full time employment-increased by 158,000 in the year, up from 46,000 in 2013. Employment among core-age … Continue reading
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