Job Market Monitor
Unemployment
UK | Graduate unemployment levels on a par with school leavers
Graduates leaving university found it harder to get jobs in 2011 than students finishing A-level courses, as youth unemployment hit its highest level since the 1980s, official data shows. In 2011, 20% of 18-year-olds who left school with A-levels were unemployed compared with 25% of 21-year-olds who left university with a degree, according to figures … Continue reading
Barack Obama’s job – and yours – Opinion – Al Jazeera English
“No president since World War II has been re-elected with an unemployment rate over 7.2 per cent.” That’s a snippet of conventional wisdom that’s been floating around almost since the day that Barack Obama was inaugurated in January 2009, a month that ultimately closed out with an ominous unemployment rate of 7.8 per cent – … Continue reading
Unemployment Discrimination Bill Rejected In Colorado « CBS Denver
Job postings that state unemployed applicants need not apply will remain legal as a Republican state House committee rejected a discrimination measure. The House Economic & Business Development Committee voted 7-5 Wednesday against a proposal to forbid employers from stating in job postings that unemployed candidates would not be considered. The measure was proposed by … Continue reading
Rep. Charles Rangel: Unemployment and Poverty in America
The recent payroll tax deal struck by Congress and signed by President Barack Obama will keep an average of $1,000 in the pockets of 160 million American families through 2012 in addition to enabling tens of millions of seniors to continue seeing the doctor of their choice under Medicare. It also provides unemployment benefits for … Continue reading
Note to Obama: Unemployment is up – Washington Times
The Obama administration keeps reporting supposed good news on the employment front. Americans sense that something is not quite right about the rosy official numbers, and a series of independent reports confirms their skepticism. On Feb. 16, the Congressional Budget Office (CBO) released a report on long-term unemployment showing that the past three years have … Continue reading
Top 10 Jobs That Make the World a Worse Place – NYTimes.com
On Thursday I wrote about how workers view the meaningfulness of their jobs, based on data collected from 30,000 workers by PayScale over the last year. (See caveats on PayScale’s methodology below.) Respondents were asked whether their jobs “make the world a better place,” and were given the options of: “very much so,” “yes,” “a … Continue reading
Jobs for the young – FT.com
With youth unemployment standing at a near-record 22 per cent in the UK, talk of a “lost generation” is growing ever louder. Policymakers are right to be concerned. Of course, the fact that the young are struggling to find work is largely a question of demand. The economic environment is making businesses wary of hiring … Continue reading
Sit ‘n Sleep hiring 50 veterans | veterans, sit, sleep – The Orange County Register
Sit ‘n Sleep, the mattress firm, is adding five stores in Southern California this year and plans to hire 50 veterans, the company said today. Larry “You’re killing me Larry” Miller, Sit ‘n Sleep’s chief executive, said the idea to hire vets came to him as he watched the wind-down of the wars in Iraq … Continue reading
To Claim Unemployment Benefit, You May First Have To Do A Drug Test | Economy Watch
In a deal to extend the payroll tax cut and unemployment benefits, Congress has passed a law that would soon allow states to conduct drug-tests before handing out payments. While the Republicans initially wanted to extend the drug-tests to all unemployment benefit applicants, the new law would only allow the tests to be conducted on … Continue reading
GOP looks to ban federal regulations until unemployment falls to 6 percent – The Hill’s Floor Action
House Republicans have put forward a bill that would prevent federal agencies from issuing any new significant regulation until the national unemployment rate drops to 6 percent. Under the bill, H.R. 4078, federal agencies could not finalize regulations that cost the economy $100 million or more, or have other significant effects on job creation, until … Continue reading
Factcheck: Does frequent youth unemployment negatively affect your wages later in life? | Full Fact
Today the Department for Education claimed that, by the age of 42, a young person who experiences frequent unemployment can expect to earn 12-15 per cent less than average. Is this right? “By the age of 42, someone who had frequent periods of unemployment in their teens is likely to earn 12-15 per cent less … Continue reading
Everyone Is Freaking Out Over A New Survey That Shows Unemployment Surging Again
As The Bonddad Blog pointed out last week, this Gallup data isn’t seasonally adjusted (in fact it says that in the chart right up there). Since it’s not seasonally adjusted, you have to look at it year over year, and guess what. And guess what, a year ago Gallup was at 10% and BLS was at … Continue reading
REVIEWING DEVELOPMENT OF ACTIVE LABOUR MARKET POLICIES AND THE EVALUATION TECHNIQUES
Active labour market policies are commonly used tool to fight unemployment. In the early 1960s all Scandinavian countires have introduced several different measures to have an effect on their labour markets. In the late 1970s in most developed countries of OECD government expenditures on those policies reached the level of 1-1.5% of GDP. High levels of expenditures created a need … Continue reading
Those coping with job loss hope for better days ahead – The Globe and Mail
As part of our ongoing coverage of the decline of manufacturing jobs in Canada, The Globe and Mail invited readers to share their stories of job loss and what it has meant for them and their families. Below are some of the stories we’ve received so far. To add your own story, e-mail businesscommunity@globeandmail.com. Murray … Continue reading
Labour Market Reforms and Outcomes in Estonia
In this paper we analyse, on the basis of a matching model, the impact of labour market reforms enacted in Estonia over the last few years on the country’s unemployment rate, which increased markedly in the wake of the recent financial and economic crisis. The results suggest that active labour market policies, including linking unemployment … Continue reading
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