Job Market Monitor
Employment
Refugees in Canada – Labour market outcomes varied considerably over the last three decades
Canada welcomed over 830,000 refugees from 1980 to 2009. Although not selected for economic reasons, the success of refugees in the labour market is an essential element of their long-term integration into Canadian society. A new Statistics Canada study finds that the labour market outcomes of refugees from 13 countries varied considerably over the last three decades. To date, little information has … Continue reading
Job Report in Europe, QIV2018 – The number of persons employed increased by 0.3% in the euro area and by 0.2% in the EU28
The number of persons employed increased by 0.3% in the euro area and by 0.2% in the EU28 in the fourth quarter of 2018 compared with the previous quarter. In the third quarter of 2018, employment increased by 0.2% in both zones. Compared with the same quarter of the previous year, employment increased by 1.3% … Continue reading
Job Report in Canada, February 2019 – Employment grew for a second consecutive month, up 56,000
Employment grew for a second consecutive month, up 56,000 in February, driven by gains in full-time work. The unemployment rate was unchanged at 5.8% as the number of people searching for work held steady. In the 12 months to February, total employment grew by 369,000 or 2.0%, reflecting increases in both full- (+266,000) and part-time (+103,000) work. Over the same period, total hours … Continue reading
Job Report in US, February 2019 – A very weak month – total nonfarm payroll employment up by only 20,000
Total nonfarm payroll employment changed little in February (+20,000), and the unemployment rate declined to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Employment in professional and business services, health care, and wholesale trade continued to trend up, while construction employment decreased. Household Survey Data The unemployment rate declined by 0.2 percentage point … Continue reading
Regions and Jobs in Europe, 2017 – 90% of the EU regions saw their employment grow
In 2017, 253 of the EU regions (90%) saw their employment grow. In 26 other regions, the number of persons employed decreased and in a further 2 employment remained stable. Growth in employment varied widely across the EU regions and within countries. The highest employment growth rates were recorded in Mayotte in France (+7.7%), Malta, … Continue reading
Job Report in EU, January 2019 – Unemployment at 7.8% with 3.375 million young persons unemployed
The euro area (EA19) seasonally-adjusted unemployment rate was 7.8% in January 2019, stable compared with December 2018 and down from 8.6% in January 2018. This remains the lowest rate recorded in the euro area since October 2008. The EU28 unemployment rate was 6.5% in January 2019, down from 6.6% in December 2018 and from 7.2% … Continue reading
Robots Induce Polarisation OECD finds
This report analyses automation trends and its effect on employment in OECD countries. On average, robots are found to be associated with a reduction in employment in elementary occupations – those requiring the lowest levels of skills – and an increase in employment in high-skill occupation such as professionals and technicians. For occupations in the … Continue reading
Autonomous Vehicle in US – How to cope with their effects on workers
How will the introduction and diffusion of autonomous vehicles (AVs) affect U.S. workers? This highly fraught question promises soon to loom large in hometowns and policy realms across the nation. Given Americans’ current reliance on cars and trucks for most of our transportation, the transition to self-driving vehicles will change many lives and livelihoods, likely … Continue reading
Labour Market Dynamics in Canada – Each month, 6.2% of the working-age population, on average, changed their labour force status
Each month, data from the Labour Force Survey (LFS) are highly anticipated because they offer a first glimpse of the general state of the labour market. The number of employed people and the unemployment rate are two indicators that attest to the popularity—and usefulness—of the survey data. However, it is less well known that behind … Continue reading
Jobs in US : a Chart – Employment is now 8.6% above the previous peak
This graph shows the job losses from the start of the employment recession, in percentage terms, compared to previous post WWII recessions. Since exceeding the pre-recession peak in May 2014, employment is now 8.6% above the previous peak. Note: I ended the lines for most previous recessions when employment reached a new peak, although I continued … Continue reading
Job Report in Canada, December 2018 – Employment held steady in December and the unemployment rate was unchanged at 5.6%
Employment held steady in December and the unemployment rate was unchanged at 5.6%. In the 12 months to December, employment increased by 163,000 (+0.9%), entirely driven by gains in full-time work (+185,000 or +1.2%). Over the same period, total hours worked rose 0.9%. Chart Unemployment rate, Canada Highlights In December, employment increased in Newfoundland and Labrador, while it fell in Alberta, New … Continue reading
Job Report in US, December 2018 – Employment increased by 312,000 but unemployment rose by 0.2 percentage point to 3.9 percent
Total nonfarm payroll employment increased by 312,000 in December, and the unemployment rate rose to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, food services and drinking places, construction, manufacturing, and retail trade. Household Survey Data The unemployment rate rose by 0.2 percentage point to 3.9 percent … Continue reading
Employment-to-Population Ratio in US – Why the decline ?
For several decades now, the employment rate among prime-age U.S adults has been falling. Less-educated males have experienced the largest drop in employment, but the troubling trends in participation are not limited to this group. Employment rates among women, which had been rising since the late 1960s, have stagnated and in some recent years declined. … Continue reading
UK’s Jobs Growth in 2018 – People with disabilities account for three-quarters of the gains and ethnic minorities for over a quarter
The UK’s jobs surge of recent years should not be underestimated, just because it’s old news. With unemployment hovering just above 4 per cent all year it’s easy to forget that as recently as 2016 the Office for Budget Responsibility thought 5.5 per cent was as low as we could sustainably go. We live and … Continue reading
Europe – 33 million were self-employed in 2017, 23% because of suitable opportunity
In 2017, in the European Union (EU), there were more than 228 million employed people, and about 33 million of them were self-employed. Self-employed people in the EU reported several reasons for becoming self- employed in the current job: suitable opportunity (23%), continuation of the family business (16%), usual practice in the field (15%), flexible … Continue reading
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