Job Market Monitor
Employment
EU – An ambitious climate and energy package to create jobs and support businesses is needed says unions and corporate leaders
Leader of European Trade Union Confederation joins major brands, including Philips and Shell, calling for ambitious climate and energy package to create jobs and support businesses. Nearly a million potential jobs will be lost if EU leaders fail to agree strong climate and energy targets at a summit starting on Thursday, according to the head … Continue reading
Sweden – To stop attacking the unemployed and instead attack unemployment
Sweden’s new government is targeting a “paradigm” shift for job creation in the largest Nordic economy as it raises spending and scrapped plans for reaching the surplus target. The new Social Democratic-led government today unveiled plans to spend almost 20 billion kronor ($2.7 billion) over the next two years to cut Scandinavia’s highest unemployment rate. … Continue reading
US – A good time to find a quality job says 31% in Gallup’s survey
About three in 10 Americans say now is a good time to find a quality job, essentially unchanged from September. The percentage of U.S. adults who say it is a good time to find a job remains at one of the highest levels measured since the 2008 financial crisis. Although the 31% of Americans with … Continue reading
Women In India – Education has not translated to equivalent gains in employment
Female enrolment in colleges leapt from 10 per cent of total admissions at the time of independence to 41 per cent in 2010. However, this has not translated to equivalent gains in women’s employment. Indeed, in the past few decades, the percentage of urban and educated working women has been stagnant or even fallen. Overall, … Continue reading
The Ageing Europe – Worker mobility key to tackle EU demographic and skills challenges reports says
To address the effects of population ageing, the EU will need to close the gender gap and increase the participation of young and older workers in the labour market, but mobility and migration also have a key role to play. This is the main finding of the joint Commission-OECD report on Matching Economic Migration with … Continue reading
Grads in Canada – The expectation gap
Too many young people flounder around the margins of their chosen field, bouncing from unpaid internship to short term contract to coffee shop job. Youth unemployment continues to hover stubbornly around 13 per cent, only 2 per cent lower than its peak during the recession and double the national average. And the unemployment rate doesn’t … Continue reading
Job Report in US – Total nonfarm payroll employment increased by 248,000 in September and unemployment down at 5.9 percent
Total nonfarm payroll employment increased by 248,000 in September, and the unemployment rate declined to 5.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, retail trade, and health care. Household Survey Data In September, the unemployment rate declined by 0.2 percentage point to 5.9 percent. The number … Continue reading
ADP Job Report in US – Private sector employment increased by 213,000 jobs from August to September
Private sector employment increased by 213,000 jobs from August to September according to the September ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics. The report, … Continue reading
Ph.D. – What students should know about the job market
Below I have outlined a few things I wish I had been told at the beginning of this journey. 1. Know how bad the job market sucks and why. 2. Find out what can get you one of those precious few jobs. 3. Prepare for the academic path to blow up in your face. Chosen … Continue reading
US – The decline in the share of middle-skill jobs has largely been driven by technological advancements and outsourcing of jobs overseas
The labor market is extremely complex and it’s constantly evolving. There are two big themes we’ve seen in recent decades: 1) companies have increasingly outsourced tasks overseas and 2) companies have increasingly automated functions. These themes have been devastating for those at the middle-skill level. Wells Fargo Securities’ Eugenio Aleman and Anika Khan recently published … Continue reading
Annual estimates of employees in UK – London has shown the largest increase of all regions
This statistical bulletin focuses on the strengths of [Business Register and Employment Survey (BRES) 2013], giving employee estimates by region level and below and by broad industry group and below. There is also a section that focuses on London and a section that looks at public/private estimates of employees. 70% of all local authority districts … Continue reading
UK – Employment prospects for 2012/13 first degree graduates has dramatically improved
Employment prospects for 2012/13 first degree graduates dramatically improved compared to 2011/12 graduates. The proportion of graduates working in professional and managerial jobs in the UK had increased and the unemployment rate decreased from 8.5% to 7.3%. Read more about the outcomes of 2012/13 graduates from six subject areas covering 28 subjects. Find out more about how mature graduates do in … Continue reading
Big changes are coming to the workplace Oxford Economics finds
Preparing for the 2020 workforce is critical to business strategy, growth, and performance. To understand the challenges and opportunities, Oxford Economics and SAP surveyed over 2,700 executives and more than 2,700 employees in 27 countries during the second quarter of 2014. Based on survey responses, this report shows that many companies lack the structure, strategy, … Continue reading
US – It is taking longer and longer to fill a job
With the size of the labor force shrinking, it’s no wonder that it is taking longer and longer to fill a job. Now Wanted Technologies, which analyzes online job postings from corporate sites, job boards, and elsewhere, found that for the most in-demand jobs, as determined by the number of ads posted online, job posting time … Continue reading
The Job Market in US – Full and Part Time: A chart
The chart below measures the net change in the number of full time, part time and the total number of jobs from that point through the present. Here, we see a large increase in the number of jobs during the official period of recession as the number of full time jobs plummeted, which coincides with … Continue reading
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