Job Market Monitor
Employment
(Update) US Job Report / Job creation picks up despite government shutdown
Job creation picks up despite government shutdown. Indeed, furloughed workers are counted on the payroll. But the household survey says something else: a drop of -735,000 in the number of people employed. Furloughed are counted as unemployed in the household survey. Continue reading
Canada / Employment little changed and the unemployment rate remained at 6.9% in October
Editor’s Note: At 6,9%, the unemployment rate is down by -0.5 pp since last year. But this is due to the -0.4 pp drop in the participation rate as the employment-to-population ratio is down by -0.1. This is hardly the picture of a dynamic labour market. Continue reading
World Bank on Europe and Central Asia / Creating More and Better Jobs
The World Bank recommends actions for creating more jobs and making them more accessible HIGHLIGHTS A new regional report examines the role of policy reforms, firms, skills, incentives and barriers to work in Europe and Central Asia, and ways to create more and better jobs. Report suggests that countries must regain their momentum for economic … Continue reading
US / ADP’s numbers: 130,000 private-sector jobs added in October, the smallest gain since April
Business hiring slowed this month with the private sector adding just 130,000 net new jobs as the partial government shutdown hit an already weakening labor market, payroll processor ADP said Wednesday. The figure was below the 150,000 average monthly job growth in the sector over the previous year as the hiring in the service sector … Continue reading
Conference Board International Labor Comparisons / Labor Markets Remain Stable in Many Advanced Economies – MarketWatch
Labor markets remain stable in many advanced economies, according to unemployment rates and employment growth data compiled and standardized by The Conference Board International Labor Comparisons (ILC) program for September. The unemployment rate in September was unchanged in four of the nine countries compared. Unemployment decreased in three countries – U.S., Japan and Australia. Japan … Continue reading
US / The Whitest Jobs
Whites account for about 81 percent of the workforce. But there are 33 occupations counted by the BLS where whites officially account for nine in ten of all workers, or more Continue reading
Canada’s beer economy / One job in 100
The beer economy accounts for one in 100 Canadian jobs, or almost 1 percent of gross domestic product, says a new report from the Conference Board of Canada Continue reading
Steel Workers in Canada / There are going to be jobs
“There are going to be jobs. There’s going to be good quality jobs,” said Dr. Peter Warrian, a senior research fellow at the University of Toronto and leading Canadian expert in the steel industry Continue reading
Europe / Moderate growth will translate only gradually into job creation says EC
The European Commission rolled out its autumn forecast on Tuesday. There was plenty of optimism, but it was guarded. Olli Rehn, the EU’s Economic and Monetary Affairs Commissioner, declared: “There are increasing signs that the European economy has reached a turning point”. He spied confidence gaining strength. Growth in the eurozone in 2014 is forecast … Continue reading
Is Apple reshoring ? / 2,000 new jobs in Arizona
Apple Inc. (AAPL) said it’s opening a new plant in Mesa, Arizona, that will create 2,000 jobs to make components for its products, part of a push by the world’s most valuable company to boost manufacturing in the U.S. Apple struck a deal to pay $578 million to GT Advanced Technologies Inc. (GTAT) to supply … Continue reading
China / Needs 7.2% growth to ensure employment says Premier
China needs 7.2% economic growth to ensure employment targets, said Chinese Premier Li Keqiang Continue reading
Autistic Workers / Why hiring them can be good for business
The German group SAP, Europe’s largest software developer, announced in May that it would hire 650 people with Asperger syndrome to program and test management software Continue reading
Portugal / The crisis has destroyed one in seven jobs says ILO
Portugal’s economic crisis has destroyed one in seven jobs, with most of them lost since its 2011 emergency bailout programme kicked in, says the International Labour Organization Continue reading
Hamilton / Nearly 35,000 manufacturing jobs lost in the past decade
It’s Work Week at CBC Hamilton. And in the wake of U.S. Steel’s shutdown of steel manufacturing in the city, we are taking a look at jobs in Hamilton: where they have gone, what remains, and which industries are desperate for employees. For the first entry in the series, we’re using graphics to illustrate the decline … Continue reading
China / 86 percent overseas Grads find jobs within 6 months
The job market wasn\’t cold for overseas-educated talents who have returned to China, with 86 percent of them finding jobs within six months, according to a report released Monday. About 65 percent of returnees find jobs in three months, and 21 percent find employment between three and six months. Only 5.5 percent need more than … Continue reading
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