Job Market Monitor
Employment
Latin America – Employment growth is likely to remain subdued for some time
Employment growth is likely to remain subdued for some time, as changes in labor markets typically lag those in the overall economy, and output growth is not expected to revert to the high rates of the “golden decade” anytime soon. In this context, unemployment rates will probably rise somewhat and real wage growth may well … Continue reading
Canada – The job market is experiencing more weakness than is implied by headline unemployment rate
A senior economist at the Toronto Dominion Bank has gone a step farther. Randall Bartlett has created an index that takes into account all of the unpublished or under-reported data that StatsCan, the Bank of Canada and the U.S. Federal Reserve collect to measure the health of the job market. He calls his yardstick the … Continue reading
US – Hiring of college graduates is expected to jump 16 percent
Hiring of college graduates is expected to jump 16 percent in the US, though the starting salaries will see only a modest growth, says a study. About 60 percent of employers said they will keep starting pay the same as last year for the newly minted degree-holders, the survey of more than 5,700 companies revealed. The … Continue reading
Australia – Foreign students find it extremely difficult to get professional work
International graduates find it extremely difficult to get professional work in Australia, despite having qualifications in areas of supposed skills shortages, a three-year study has found. The accounting, nursing and engineering graduates in the study encountered multiple barriers to getting a job, including a tough jobs market and local firms unwilling to take on staff … Continue reading
Canada – Precarious work has become the “new normal”
precarious work has become so entrenched it spans all age groups, gender, level of education and economic sectors, as recent research from the Poverty and Employment Precarity in Southern Ontario (PEPSO) project demonstrates. Far from a temporary situation, PEPSO shows how precarious work has become the “new normal.” While just about half of workers younger … Continue reading
STEM in US – The barriers to entry are also lower than most think.
With the expansion of advanced technologies and processes into more and more fields, the science, technology, engineering and math (STEM) economy is much bigger than many imagine and the barriers to entry are also lower than most think. Occupations like pipefitting and welding require only a high school diploma plus technical training to start. In … Continue reading
US – Almost all of the private sector jobs have been created by businesses less than five years ol
Amid the political maneuvering, there is, happily, some serious work being done by the Kauffman Foundation and the Institute for Competitiveness & Prosperity to figure out where new jobs actually do come from. The surprising truth is that over the last twenty five years, almost all of the private sector jobs have been created by … Continue reading
Canada – To what extent has employment growth slowed among core-age workers? and other questions
Question: How does employment growth compare with economic growth in the post-recession period? Question: How does the composition of employment growth in recent years compare with employment gains in the early to mid 2000s? Question: How does employment growth in goods industries compare to service industries? Question: To what extent has the pace of private … Continue reading
Canada – The job market is on a weakening trend
Canadian Prime Minister Stephen Harper may be losing one of his political trump cards — his record on the economy — just when he needs it most. Canada’s job growth, among the strongest in the industrialized world after the global recession, has slowed by about half one year before the country’s next election, even as … Continue reading
US – For years, the fast food industry has created jobs at a faster rate than the rest of the economy
Since the recession ended, we’ve seen a troublingly uneven recovery, in which many of the middle-income jobs lost from 2008 to 2010 have been replaced by low-wage jobs. And fast food jobs are a large reason why, outpacing the country’s overall job growth. “Fast food is driving the bulk of the job growth at the … Continue reading
Canada – 6.2 unemployed people for every job vacancy in July 2014
In July, there were 223,000 job vacancies among Canadian businesses, relatively unchanged compared with July 2013. There were 6.2 unemployed people for every job vacancy, little changed from 12 months earlier. The national job vacancy rate was 1.5% in July, similar to the rate observed a year earlier. via The Daily — Job vacancies in brief, three-month average ending in July 2014.
Canada – The top-ranked entrepreneurial communities in 2014
Historically, and for a variety of reasons, CFIB has found entrepreneurial characteristics to be strongest in Canada’s prairie cities and the urban areas that ring large urban cores. What they have in common is ‘newness’—the prairie economies have only been developed in the past 150 years or so. Only a few generations separate today’s urban … Continue reading
US – Female self-employment shows positive shift in opportunities finds BLS
New trends in female self-employment suggest a positive shift in opportunities for women, especially for those who differ from the “typical” self-employed women of the past. For instance, the percentage of female minorities in self-employment doubled from 1993 to 2012, and more divorced women and women without young children have become self-employed. Earnings trends have … Continue reading
Australia – Labor market remained subdued but had stabilized somewhat this year says RBA
Australia’s central bank said the labor market remained subdued but had stabilized somewhat this year, adding it had based its assessment on a range of data given the volatility in the official labor force survey.In minutes of its Oct 7 policy meeting, the Reserve Bank of Australia (RBA) also reiterated that the most prudent course … Continue reading
US – The total number of positions in Communication advertised by institutions of higher education has more than doubled from 2009 to 2013
The National Communication Association (NCA) performs an annual analysis of college and university searches to fill academic positions in Communication. We collect job postings from three different outlets: the NCA Career Center, CRTNET, and Spectra. CRTNET is a disciplinary listserv where employers may post position announcements. Spectra is the NCA magazine. If a job was … Continue reading
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