Job Market Monitor
Unemployment rate
US – Short and long-term unemployment exert equal downward pressure on price inflation says FEDS research
In the years following 2009, long-term unemployment has been very elevated while inflation has fallen only moderately, raising the question of whether the long-term unemployed exert less downward pressure on prices than the short-term unemployed, perhaps because such potential workers are disconnected from the labor market. However, empirical evidence is mixed. This analysis demonstrates that … Continue reading
March Unemployment in Netherlands – Slight drop but the trend is still upwards
Unemployment fell by some 7,000 in March as more people withdrew permanently from the jobs market rather than found jobs, the national statistics office CBS said on Thursday. In the longer term, the jobless trend is still upwards, with an average increase of 5,000 people joining the unemployment ranks a month. Women were hardest hit … Continue reading
How Long You’ll Be Unemployed – Look at the Unemployment Rate
A few factors do make a difference. Men are a bit more likely to become long-term unemployed than women; blacks are more likely than whites; and, most significantly, older workers are more likely than younger ones. That’s consistent with both anecdotal evidence and quantitative research suggesting that older workers have more trouble finding jobs, due … Continue reading
US – People with higher levels of education: consistently lower unemployment rates
You probably know lots of reasons why it’s smart to stay in school. Well, here’s one more: You’re less likely to be unemployed. According to data released in January 2014 from the U.S. Bureau of Labor Statistics (BLS), the higher your level of education, the lower your rate of unemployment. In the last decade, as … Continue reading
Australia in March – Unemployment Rate fell to 5.8%
The unemployment rate has fallen to a four-month low, in what is being read as a sign of an improving economy. The jobless rate was 5.8% in March, down from 6.1% in February, according to seasonally-adjusted figures from the Australian Bureau of Statistics. The number of people with jobs rose 18,100 in March after a … Continue reading
Persons with a Disability in US – Unemployment rate at 14.5 percent in March
The unemployment rate for Americans with disabilities is up slightly as more people seek work, the U.S. Department of Labor said Friday. The jobless rate for those with disabilities rose to 14.5 percent in March, up from 14.3 percent the month prior. Despite the uptick, however, the Labor Department said that more individuals in this … Continue reading
Yellen on the Unemployment Target – What did she say ?
Transcript of Chair Yellen’s Press Conference March 19, 2014 CHAIR JANET L. YELLEN. Good afternoon. I am pleased to join you for the first of my post-FOMC press conferences. Like Chairman Bernanke before me, I appreciate the opportunity these press conferences afford to explain the decisions of the FOMC and respond to your questions. The … Continue reading
Sweden – The unemployment rate of 8.5 percent and LO is preparing for a regime change
In February 2014, the number of unemployed persons was 433 000, corresponding to an unemployment rate of 8.5 percent. 4 648 000 persons aged 15-74 were employed; this is an increase of 51 000. The number of hours worked averaged 154.9 million per week, an increase of 3.3 million. Seasonally adjusted data shows small differences in … Continue reading
Gaza / Unemployment rises to 39%
Unemployment rose to 39 percent of the workforce in the Gaza Strip as a result of the Egyptian destruction of underground tunnels between Egypt and Gaza, the Ministry of the Economy in Gaza said on Sunday. “This means that the number of jobless people in Gaza has risen to 140,000,” Hatem Uweida, the ministry undersecretary, … Continue reading
Ireland – Unemployment rate falls below 12 percent
The number of people claiming unemployment benefit in Ireland fell for the 20th successive month in February, dropping below 12 percent for the first time since April 2009, data showed on Wednesday. via Irish unemployment rate falls below 12 percent in Feb | Reuters.
Over half of young people say that they don’t have skills for basic tasks finds LifeSkills Youth Barometer
Findings from the LifeSkills Youth Barometer released today reveal that more than half (54%) of 14-25 years olds feel they don’t have the practical skills they need to find a job at entry level. A quarter (24%) of young people say they receive no careers education, while one in three (30%) felt they were not … Continue reading
Australia / Unemployment worst in a decade
Australia’s unemployment rate in January jumped to 6.0 per cent – its worst in a decade – with the economy shedding 3,700 jobs amid a turbulent transition away from mining, data showed on Thursday. The Australian Bureau of Statistics said the jobless rate increased from 5.8 per cent in December, with some 7,100 full-time positions … Continue reading
Discouraged workers in US / What if they were still in ?
In December, the unemployment rate was 6.7% and the labor force participation rate was 62.8%. Where would the two figures be if all of the discouraged workers that left the labor force since October 2007 came back, and were officially counted as unemployed? Chart 2 shows that the participation rate would be a 0.7 percentage … Continue reading
US Unemployment Rate / What if those who have left the labor force since the start of the Great Recession are counted ?
3.5% of the working-age population has left the labor force since the start of the Great Recession. Should those people be also counted as unemployed? If so, here is what the unemployment rate trend would look like Continue reading
UK / Unemployment rate slips to four-and-a-half year low of 7.4%
Britain’s unemployment rate has slipped to a four-and-a-half year low of 7.4%, edging closer to the “threshold” at which the Bank of England has said it will consider raising interest rates. The Office for National Statistics (ONS) said on Wednesday that unemployment in the three months to October was 2.39 million, or 7.4% of the … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 