Unemployment

This tag is associated with 1386 posts

Job Report in Canada, March 2017 – Employment was little changed (+19,000 or +0.1%)

Employment was little changed in March (+19,000 or +0.1%), while the unemployment rate rose 0.1 percentage points to 6.7% as more people searched for work. In the first quarter of 2017, employment gains totalled 83,000 or 0.5%. This growth is comparable to the last quarter of 2016 (+91,000 or +0.5%) and notably higher than the first quarter of 2016 (+36,000 or +0.2%). Compared with 12 months earlier, employment increased by 276,000 (+1.5%), mostly … Continue reading

Job Report in US, March 2017 – Employment up by (only) 98,000 bu unemployment rate fell to 4.5 percent, the lowest level in almost a decade

The unemployment rate declined to 4.5 percent in March, and total nonfarm payroll employment edged up by 98,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services and in mining, while retail trade lost jobs. Household Survey Data The unemployment rate decreased by 0.2 percentage point to 4.5 percent … Continue reading

Unemployment in the Euro area, February 2017 – At 9.5%, with 3.905 million young persons

The euro area (EA19) seasonally-adjusted unemployment rate was 9.5% in February 2017, down from 9.6% in January 2017 and from 10.3% in February 2016. This remains the lowest rate recorded in the euro area since May 2009. The EU28 unemployment rate was 8.0% in February 2017, down from 8.1% in January 2017 and from 8.9% in … Continue reading

Radicalization – Unemployed secondary educated people have the highest probability, followed by tertiary educated unemployed/underemployed research finds

Unemployed/underemployed educated individuals are more likely to support violent extremism with unemployed secondary educated people having the highest probability for radicalization followed by tertiary educated unemployed/underemployed. This paper represents a contribution to the literature on the relationship between economic development and radicalization or support for violent extremism. It uses survey data from eight Arab countries … Continue reading

US – The unemployment rate is just one indicator

The unemployment rate is just one indicator of how the U.S. economy is doing, and it’s not always the best one. Simply being out of work isn’t enough for a person to be counted as unemployed; he or she also has to be available to work and actively looking for work (or on temporary layoff). In any … Continue reading

Unemployment Rate in Europe, January 2017 – 9.6% for the Euro Area, 4.017 million young persons overall

The euro area (EA19) seasonally-adjusted unemployment rate was 9.6% in January 2017, stable compared to December 2016 and down from 10.4% in January 2016. This remains the lowest rate recorded in the euro area since May 2009. The EU28 unemployment rate was 8.1% in January 2017, down from 8.2% in December 2016 and from 8.9% … Continue reading

The three-fold effects of technology and globalization on labor markets

The effects of technology—especially digital innovation—and globalization on labor markets are three-fold. The first effect is disruption as jobs relocate to take advantage of lower costs, evolve to entail different tasks, or undergo wholesale change with the elimination of old jobs and the emergence of new ones. Disruption is a permanent feature of any dynamic … Continue reading

Unemployment in Europe – 9.6% in December 2016 in the euro area with 4.219 million young persons

The euro area (EA19) seasonally-adjusted unemployment rate was 9.6% in December 2016, down from 9.7% in November 2016 and down from 10.5% in December 2015. This is the lowest rate recorded in the euro area since May 2009. The EU28 unemployment rate was 8.2% in December 2016, stable compared to November 2016 and down from … Continue reading

Global Unemployment – To rise modestly in 2017 says ILO

The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, a new ILO report shows (table 1). The number of unemployed persons globally in 2017 is forecast to stand at just over 201 million – with … Continue reading

Unemployment in Europe in October 2016 : 9.8% (Euro Area), 4.169 million young persons (EU28)

The euro area (EA19) seasonally-adjusted unemployment rate was 9.8% in October 2016, down from 9.9% in September 2016 and from 10.6% in October 2015. This is the lowest rate recorded in the euro area since July 2009. The EU28 unemployment rate was 8.3% in October 2016, down from 8.4% in September 2016 and from 9.1% … Continue reading

Job Report in US, October 2016 – Total nonfarm payroll employment rose by 161,000

Total nonfarm payroll employment rose by 161,000 in October, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, professional and business services, and financial activities. Household Survey Data The unemployment rate, at 4.9 percent, and the number of … Continue reading

Unemployment in EU, September 2016 – 10.0%, down from 10.6% in a year with 4.125 million young persons out of job

The euro area (EA19) seasonally-adjusted unemployment rate was 10.0% in September 2016, stable compared to August 2016 and down from 10.6% in September 2015. This is the lowest rate recorded in the euro area since June 2011. The EU28 unemployment rate was 8.5% in September 2016, stable compared to August 2016 and down from 9.2% … Continue reading

Unemployed in EU – 65.7% remained unemployed, 15% found a job

Out of all persons in the European Union (EU) who were unemployed in the fourth quarter 2015, 65.7% (13.0 million persons) remained unemployed in the first quarter 2016, while 15.4% (3.0 million) moved into employment and 18.9% (3.7 million) towards economic inactivity in Q1 2016. Of all those initially in employment, 96.2% (169.7 million persons) … Continue reading

Euro area – Unemployment at 10.1%, 4.276 million young persons unemployed in the EU28

The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in July 2016, stable compared to June 2016 and down from 10.8% in July 2015. This remains the lowest rate recorded in the euro area since July 2011. The EU28 unemployment rate was 8.6% in July 2016, stable compared to June 2016 and down from 9.4% … Continue reading

Youth Unemployment – A systematic review of what improve labour market outcomes

This systematic review investigates the impact of training and skills development, entrepreneurship promotion, employment services, and subsidised employment interventions on the labour market outcomes of young women and men. The systematic and meta-analysis is based on evidence from 113 counterfactual-based impact evaluations of 107 active labour market programmes in 31 low-, middle- and high-income countries. … Continue reading

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