Job Market Monitor
Job Gap
Job Gap – Youth Unemploment: An Interview with ILO Economist Sara Elder (video)
An Interview with ILO Economist Sara Elder
Job Gap – About 14 million jobs need to be created says OECD
The current weak economic recovery will keep unemployment rates in OECD countries high until at least the end of 2013, according to a new OECD report. The Employment Outlook 2012 says that the OECD-wide joblessness rate is forecast to remain high at 7.7% in the fourth quarter of 2013, close to the 7.9% rate in May … Continue reading
Job Gap – Employment Policy – It is the right time
Faced with a jobs crisis, policymakers the world over are digging deep into their policy toolkits to generate more employment. A recent study by the IMF’s Fiscal Affairs Department argues that reforms of tax and expenditure policies offer great promise in helping countries confront the jobs crisis, including in the short term. The study argues … Continue reading
China – Job Gap – Workers leaving cities and going back to their home towns
Migrant workers who look for jobs in cities in China are now leaving the cities and going back to their home towns as jobs losses mount amid economic slowdown. This wave of migrant workers leaving cities emerges for the first time since the financial crisis 2008/09. A lot of migrant workers who were originally living … Continue reading
Jobs Gap – Fair Trade: The missing element in all the existing plans
If the U.S. is to cut unemployment to about 4.5 percent, which most economists consider to be full employment, the nation must ultimately create more than 16 million new jobs across the entire economy. That is in addition to finding jobs for the 12 million net new entrants into the work force, which the Labor … Continue reading
Northen Ireland – ‘Do nothing executive’ sleepwalks job crisis
NI Conservatives’ economy spokesman, Johnny Andrews, has accused the Executive of ‘sleepwalking towards a jobs crisis’ and failing to ‘deliver a boost for business’, after the latest labour statistics revealed an increase in unemployment and economic inactivity in Northern Ireland. “The Executive’s Programme for Government promised that creating jobs would be a priority, but it … Continue reading
Canada | The Issue is Unemployment Not Labour Shortages
The federal government is basing labour market policy on the belief that, as Jason Kenney pithily puts it in today’s Globe, there are “large and growing labour shortages.” Hence moves to bring in even more temporary foreign workers at lower than average wages, and to push EI claimants into supposedly available jobs. Not that the … Continue reading
It will take until 2020 to close the Job Gap
U.S. jobs growth may have picked up earlier this year, offering the millions of unemployed hope that better days are ahead. But once again, the government’s monthly unemployment report comes with disappointing news. In April, the nation’s employers created 115,000 positions, after adding 154,000 in March, the Labor Department reported Friday. This was less than … Continue reading
Job Gap is extending and has entered a new, more structural phase as austerity prevails says ILO who calls for a Global Job Pact
The World of Work Report 2012 provides a comprehensive analysis of recent labour market and social trends, assesses risks of social unrest and presents employment projections for the next five years. The report emphasizes that while employment has begun to recover slowly, job quality is deteriorating and there is a growing sense of unfairness. Moreover, … Continue reading
CA | No Jobs for 43% of Newly Licensed Nurses
Forty-three percent of California nurses, who were newly licensed RNs in the previous 18 months, said they had not landed their first job, according to a Fall 2011 survey conducted by the California Institute for Nursing & Health Care (CINHC). The survey was conducted in collaboration with the California Board of Registered Nursing (BRN), California … Continue reading
Job Gap | 600 M Jobs missing in the world | 12 M in U.S. | A factor behind income inequalities
The extensive Job Gap as tremendous impact. According to the 2012 of the ILO report on Global Employment Trends(GET), the world facesa Global Job Gap of 600 million jobs.
Job Gap | Spain | Cost of hiring has risen 24% in recent years
Spain’s high unemployment rate of around 23% means many Spaniards, young people in particular, are leaving the country to find work elsewhere. One popular destination is Germany, where the jobless rate is under 7%. But starting afresh in a new country is challenging. Munich’s airport shuttle bus is dropping off newly arrived passengers in the … Continue reading
Job Gap | Skill Gap | Matching the Jobless With 3.4 Million Jobs – NYTimes.com
EVER since the deep recession hit four years ago, many colleges have been rethinking their continuing education programs, straining to figure out how best to help the many unemployed Americans who have looked to them as a lifeline. With the unemployment rate still stubbornly high, this rethinking has led to a powerful trend in which … Continue reading
South Africa tries to solve its employment dilemma | African news, analysis and opinion – The Africa Report.com
South Africa’s unemployment rate hovers around 25 per cent, and the impact of the global financial crisis of 2008 and 2009 led the country to lose around 1.2m jobs. In the 25-34 age group 50 per cent of South Africans do not work, and it is thought that 50 per cent of young black South Africans will never have the chance to do … Continue reading
Bangladesh needs 1.5m new jobs a yr
Bangladesh needs up to 1.5 million new jobs each year for the next 20 years to accelerate economic growth, says the World Bank. Bangladesh along with other South Asian nations has seen steady job growth and a substantial decrease in poverty over the past three decades, according to a WB report. The WB yesterday launched … Continue reading
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