Job Market Monitor
Employment
Immigrants in UK – Countries of origin, level of education, and time since arrival all shaped their employment outcomes report finds
The 2000s saw a significant increase in the foreign-born working-age population in the United Kingdom, in part because of the decision to forgo restrictions on the inflow of workers from the new European Union Member States. Starting in 2004, a large influx of labor from Eastern European countries—especially Poland, Latvia, and Lithuania—transformed the country’s immigrant population and labor market. … Continue reading
US – Big Business helps overseas, less so at home Americans think Gallup finds
Americans see large U.S. companies as having a more positive effect overseas than they do domestically. While 66% of Americans believe that large U.S. companies do a good job creating good jobs for citizens in other countries where they do business, far fewer, 43%, say the companies do a good job of creating jobs for … Continue reading
The Changing Economy – Infographic from the US Census Bureau
The Changing U.S. Economy – U.S. Census Bureau.
New York City – Job growth has been concentrated at the higher and lower ends of the skills distribution
New York City remains on strong growth trajectory, some weakness in Northern NJ to start the year, and signs of firming in Puerto Rico. A growing number of places in the region have gained back the jobs lost during the Great Recession. Types of Jobs Lost and Gained Middle-skill jobs were hardest hit during the recession and havenot come back. During the recovery, job growth has been concentrated at the higher … Continue reading
Taiwan – 70 percent of young people are enrolled in universities but only 40 percent of the available jobs need a higher degree
The skills gap between graduates and the job market has reached an alarming level, according to a recent survey released by National Taiwan University’s (NTU) Center for Public Policy and Law, with three out of seven college graduates encountering difficulties landing a job that matches their education. The poll shows that while nearly 70 percent … Continue reading
Only young businesses – predominantly small – create a disproportionate number of jobs OECD finds
The OECD has embarked on a distributed microdata project, called DynEmp, with the aim of providing a cross-country evidence base for the design of well-grounded policies for employment and growth. The project has produced a new database of micro-aggregated firm-level data on employment dynamics for different groups of firms classified by size, age and sectors … Continue reading
MBA Jobs in US – A 30% increase in hiring since the height of the financial crisis in 2009
What financial crisis? Leading MBA employers plan to hire more MBA graduates this year, according to a new recruiter survey from the Graduate Management Admissions Council (GMAC). In a further sign of a return to economic prosperity, 80% of business school recruiters plan to hire MBAs this year, according to GMAC. The new data shows … Continue reading
Latin America and the Caribbean – Urban unemployment fell to historic lows in 2013 ILO reports
In 2013, the urban unemployment rate in Latin America and the Caribbean once again fell to historic lows. The ILO estimates that the rate will reach 6.3% at the end of the year. This is good news for a region that had a double-digit unemployment rate a decade ago (11.1% in 2003). However, the impact … Continue reading
College Education in US – 64% of hiring managers would still consider a candidate who hadn’t even attended college survey finds
Millennial Branding, a Gen Y research and consulting firm, and Beyond.com, The Career Network focused on helping people grow and succeed professionally, today announced the results of a study entitled, “The Multi-Generational Job Search.” Following a national survey of job seekers and HR professionals, 43% of the 2,978 respondents said that “cultural fit” was the … Continue reading
US – Workers have slowed their transitions between employers St. Louis Fed finds
Jobs in the U.S. labor market get turned over at a surprising frequency, with flows into/out of unemployment being almost four times faster than in Germany, despite similar unemployment rates.1 But when U.S. workers leave jobs, they are twice as likely to go directly into another one as become unemployed.2 These job-to-job transitions make up … Continue reading
US – Teens employment tumbles
Teen employment has plummeted in a trend that long predates the Great Recession, worrying economists across the political spectrum. In the current labor market, any black mark can doom a worker: lack of education, inexperience, even a presumed sense of not needing the work enough. Teens are at the bottom of the totem pole, with … Continue reading
US – Jobs and Unemployment are the most important problems facing the country poll finds
Twenty percent of Americans name unemployment or jobs as the most important problem facing the country in May, up from 14% who mentioned these issues in April. Dysfunctional government (19%) and the economy in general (17%) also rank among the top problems. Chosen excerpts by Job Market Monitor. Read the whole story at Jobs, Government, and Economy … Continue reading
Jobs in US – An Uneven Recovery by State (Map)
The map below tracks per capita job growth in U.S. states from 2010 to 2013. New Jobs Per 10,000 Residents (2010-2013) The map conforms to the pattern of an economy recovering around the twin pillars of energy and knowledge. North Dakota, the center of the natural gas boom, leads the way by a huge margin … Continue reading
UK – NHS jobs to be outsourced to INDIA unions claim
Hundreds of NHS jobs could be shipped off to India under cost-saving plans being considered by health chiefs, unions have claimed. The country’s biggest health union, Unison, said the cuts could cost 900 British workers their jobs. NHS England managers are set to consider the plans at a crunch board meeting tomorrow. Most of the … Continue reading
Reshoring in US – Factory jobs returning matched the number lost last year
Although no one keeps precise statistics, the retreat from offshoring is clear from various sources, including federal data on assistance to workers hurt by overseas moves. U.S. factory payrolls have grown for four straight years, with gains totaling about 650,000 jobs. That’s a small fraction of the 6 million lost in the previous decade, but … Continue reading
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