Job Market Monitor
Employment
US / Job cuts at record low, but openings at the lowest level since January
The number of layoffs and firings recently hit a record low level, according to government data released Tuesday morning. There were 1.51 million layoffs and discharges in July, down from 1.6 million in June and 1.79 million when the recession started at the end of 2007. The data go back to 2000. Those findings are … Continue reading
UK / The unemployment rate for 16 to 24 year olds hits 21.0%
The unemployment rate for 16 to 24 year olds was 21.0% for May to July 2013, up 0.5 percentage points from February to April 2013 Continue reading
Canada / Hiring Plans Remain at 3-Year Low according to Manpower
Canadian employers’ hiring plans held at the lowest level in three years on reduced optimism in the mining and education industries, according to a survey by Manpower Inc Continue reading
US / Federal hiring declines to six-year low
With fiscal pressures continuing to force spending cuts, government agencies made fewer than 90,000 new hires last year, the smallest number in six years and a 37 percent drop since 2009, federal data show. The government hired 89,689 new employees in 2012, many of whom eventually will move into leadership positions at their agencies. They … Continue reading
US / Majority of Workers Say Job Doesn’t Require a Degree
43%, say the type of work they do generally requires a bachelor’s or a more advanced degree Continue reading
Alberta / McDonald’s hiring 500 full-time, part-time and manager positions
Fast food chain McDonald’s is going on another hiring blitz. On Friday, it’s holding its second consecutive West Hiring Day, looking to fill nearly 500 full-time, part-time and manager positions across Alberta, 116 of which are in Calgary. West Hiring Day is a one-day hiring event held at participating restaurants in British Columbia, Alberta, Saskatchewan … Continue reading
BC’s Liquefied Natural Gas / Union leaders join Premier to train thousands workers
Some of British Columbia’s most powerful labour leaders are pledging to work with Premier Christy Clark’s Liberal government and the energy industry to help thousands of B.C. workers land jobs in what could be the province’s multi-billion-dollar liquefied natural gas industry. B.C. Federation of Labour President Jim Sinclair and B.C. Building Trades Council executive director … Continue reading
Jaguar / To create 1,700 new jobs in UK
Jaguar Land Rover has announced a substantial new investment in Britain and the creation of 1,700 jobs. The Indian-owned company plans to invest 1.5 billion pounds ($2.3 billion) to produce an advanced new car manufactures out of aluminum. The announcement was made Tuesday at the Frankfurt Motor Show in Germany. Chosen excerpts by Job Market … Continue reading
US Job Generation Gap / We’re All In This Together
In all likelihood, job numbers mean that fewer aging Americans have the financial means to retire Continue reading
Telecoms / The jobs market is ‘strong’ says Manpower
Continuing activity in the cable, broadband and television markets has led to a another positive jobs market in the telecoms sector, according to recruitment and services company Manpower. Demand for telecoms jobs in the current quarter sees six percent more telecoms firms hiring rather than reducing staff, says Manpower. This is in line with the … Continue reading
US / The latest job report is badly received
Here is an overview of the numerous comments on the latest job report even if the report concludes on the lowest the unemployment rate since November 2008. This drop was mainly due to a decrease to 63.2% of participation rate as the employment to population ratio declined to 58.6%. ‘The drop in the main unemployment rate was driven … Continue reading
Canada / Employment increased by 59,000 in August and the unemployment rate declined to 7.1%
Employment increased by 59,000 in August, mainly in part-time work, and the unemployment rate declined 0.1 percentage points to 7.1%. Over the six months to August, employment gains averaged 12,000 per month, lower than the average of 29,000 observed during the preceding six-month period. Since August 2012, employment has increased 1.4% (+246,000). At the same time, the number of hours worked has grown 1.3%. Chart 1 Employment Provincially, employment … Continue reading
Europe’s Offshoring / 770,000 IT jobs lost in 15 years
Offshoring, technology advancements and low growth have contributed to a massive reduction in IT jobs in Europe, with almost half the number of IT roles in the largest companies expected to exist in 2017 compared to 2002. According to research from The Hackett Group, in 2002 there were 1.6 million corporate IT jobs in the … Continue reading
US / Few Jobs Means Bad Jobs
There is no dispute that bad jobs seem to be growing rapidly as a share of employment at present. The question is why. An alternative explanation to the “it just happens” view is that the weak economy itself is responsible for the proliferation of bad jobs. In other words, because the economy is not generating … Continue reading
Wal-Mart / A call to ‘made in America’
Wal-Mart Stores Inc. spearheaded an effort Thursday to bring together retailers, suppliers and government officials so they can figure out how to bring more manufacturing jobs to the United States Continue reading
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