Job Market Monitor
Unemployment
Unemployment and Wage Growth in US – No sharp pickup in wage growth foreseen by FRBSF
The unemployment rate ended 2018 at just under 4%, substantially lower than most estimates of the natural rate. Could such an ostensibly tight labor market lead to a sharp pickup in wage growth from its recent moderate pace, such that the relationship between wage growth and unemployment is not always linear? Investigations using state-level data … Continue reading
Unemployment in Europe, November 2018 – 7.9% (Euro Area), down from 8.0% in October 2018 and from 8.7% in November 2017 with 3.444 million young persons
The euro area (EA19) seasonally-adjusted unemployment rate was 7.9% in November 2018, down from 8.0% in October 2018 and from 8.7% in November 2017. This is the lowest rate recorded in the euro area since October 2008. The EU28 unemployment rate was 6.7% in November 2018, stable compared with October 2018 and down from 7.3% … 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
Job Report in Canada, November 2018 – Unemployment at 5.6%, the lowest since comparable data became available in 1976
Employment rose by 94,000 in November, driven by gains in full-time work. The unemployment rate decreased 0.2 percentage points to 5.6%, the lowest since comparable data became available in 1976. In the 12 months to November, employment grew by 219,000 or 1.2%, reflecting gains in full-time work (+227,000 or +1.5%). Over the same period, total hours worked were up 2.1%. Chart : Unemployment rate Chosen excerpts by Job … Continue reading
Job Report in US, November 2018 – Employment increased by 155,000
Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, and in transportation and warehousing. Household Survey Data In November, the unemployment rate was 3.7 percent for the third month in … Continue reading
Transport in Glasgow and north of England – A significant barrier to employment for many residents living in low-income neighbourhoods
This study looks at the transport issues facing out-of-work residents in six low-income neighbourhoods in the Glasgow City Region and north of England, and how these might be overcome. The summary presents findings and recommendations from the two Scottish case study areas: Port Glasgow (Inverclyde) and Castlemilk (Glasgow). A separate summary details the experiences of … Continue reading
Job Report in Europe, October 2018 – Euro area unemployment at 8.1% with 3.468 million young persons unemployed in the EU28
The euro area (EA19) seasonally-adjusted unemployment rate was 8.1% in October 2018, stable compared with September 2018 and down from 8.8% in October 2017. This remains the lowest rate recorded in the euro area since November 2008. The EU28 unemployment rate was 6.7% in October 2018, stable compared with September 2018 and down from 7.4% … Continue reading
Job Report in Canada, October 2018 – Little changed with unemployment at 5.8%
Employment was little changed in October. The unemployment rate decreased 0.1 percentage points to 5.8% as fewer people searched for work. Since November 2017, the unemployment rate has ranged from 5.8% to 6.0%. Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, October 2018
Job Report in US, October 2018 – Employment rose by 250,000, hourly earnings by 3.1 percent
Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, and in transportation and warehousing. The unemployment rate remained at 3.7 percent in October, and the number of unemployed … Continue reading
Job Report in Europe, September 2018 – Unemployment at 8.1%, with 3.333 million young persons, still the lowest rate recorded in the euro area since November 2008
The euro area (EA19) seasonally-adjusted unemployment rate was 8.1% in September 2018, stable compared with August 2018 and down from 8.9% in September 2017. This remains the lowest rate recorded in the euro area since November 2008. The EU28 unemployment rate was 6.7% in September 2018, stable compared with August 2018 and down from 7.5% … Continue reading
Job Report in US, August 2018 – Employment up by 201,000 and unemployment stays at 3.9 percent
Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, wholesale trade,transportation and warehousing, and mining. Household Survey Data The unemployment rate remained at 3.9 percent in August, and … Continue reading
Job Report in Canada, August 2018 – Employment fell by 52,000 and unemployment up at 6.0%
Following two months of increases, employment fell by 52,000 in August. Part-time employment declined by 92,000 while full-time employment edged up. At the same time, the unemployment rate increased 0.2 percentage points to 6.0%. On a year-over-year basis, employment grew by 172,000 or 0.9%. Full-time employment increased (+326,000 or +2.2%), while the number of people working part-time declined (-154,000 or -4.3%). Over the same period, total hours … Continue reading
Job Report in Canada, July 2018 – Employment rose by 54,000, unemployment rate declined to 5.8%
Employment rose by 54,000 in July, driven by gains in part-time work. The unemployment rate declined by 0.2 percentage points to 5.8%. In the 12 months to July, employment grew by 246,000 (+1.3%). These gains were largely the result of growth in full-time work (+211,000 or +1.4%). Over this period, the total number of hours worked rose by 1.3%. Highlights Ontario, British Columbia and Newfoundland and … Continue reading
Job Report in US, July 2018 – Employment rose by 157,000 and unemployment down to 3.9 percent
Total nonfarm payroll employment rose by 157,000 in July, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, in manufacturing, and in health care and social assistance. Household Survey Data In July, the unemployment rate edged down by 0.1 percentage … Continue reading
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