Job Market Monitor
Unemployment
The Work Gap in US – Lower-income men’s work rates have declined by 11 percentage points
The decline in labor force participation rates has been widely documented, but the growing gulf in the work gap between the bottom third and the rest of the population is truly striking:While the share of men who are employed in the top two-thirds has been quite stable since 1980, lower-income men’s work rates have declined … Continue reading
Pathways to Employment – There are multiple strategies local and regional leaders can use
Employment is down among everyone between the ages of 16 and 64—particularly among teens, but with a great deal of variation by geography, race, and education. The disparity between blacks and whites is especially stark. For example, unemployment among white young adults peaked at 14% in 2010—still considerably lower than unemployment rates for black young … Continue reading
Digitalisation and Jobs – The risk of greater job insecurity, growing inequality and even mass ‘technological’ unemployment
This policy brief discusses how demographic shifts, globalisation and new technologies are changing the nature of work and careers. Digitalisation is seen as a key influence on the future of work over the next decades. Ever-increasing computing power, Big Data, the penetration of the Internet, Artificial Intelligence (AI), the Internet-of-Things and online platforms are among … Continue reading
Canada – Recent developments in the labour market
Total employment increased by 64,000 (+0.4%) in the last six months of 2015 on gains in part-time work and self employment. Full-time employment was little changed during the second half of the year after notable gains in the first six months (+123,000). Individuals aged 55 and older accounted for all of the net gain in … Continue reading
Job Report in Canada, March 2016 – Employment increased by 41,000 (+0.2%), lowering the unemployment rate to 7.1%
After three months of little change, employment increased by 41,000 (+0.2%) in March, lowering the unemployment rate by 0.2 percentage points to 7.1%. With the gains in March, employment grew by 0.2% in the first quarter (+33,000). This was the fourth consecutive quarter with 0.2% employment growth. In the 12 months to March, employment increased by 130,000 (+0.7%), the result of growth in full-time work. Over … Continue reading
Labour Force Statistics in OECD, 2015 – Unemployment rate by country
This annual edition of Labour Force Statistics provides detailed statistics on population, labour force, employment and unemployment, broken down by gender, as well as unemployment duration, employment status, employment by sector of activity and part-time employment. Chosen excerpts by Job Market Monitor. Read the whole story at OECD Labour Force Statistics 2015 – OECD Bookshop
Job Report in US, March 2016 – Clearly a strong report: total nonfarm payroll employment rose by 215,000 and the unemployment little changed at 5.0 percent
Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in retail trade, construction, and health care. Job losses occurred in manufacturing and mining. Household Survey Data In March, the unemployment rate (5.0 percent) and the … Continue reading
Global Job Market Outlook – Unemployment to increase by a further 3.4 million over the next two years ILO says
The global economic slowdown that occurred in 2015 is likely to have a delayed impact on labour markets in 2016, resulting in a rise in unemployment levels, particularly in emerging economies. Based on the most recent growth projections, global unemployment is expected to rise by nearly 2.3 million in 2016 and by a further 1.1 … Continue reading
Women – Work Trends 2016
Gender gaps in labour force participation and employment rates declined only marginally Between 1995 and 2015, the global female labour force participation rate decreased from 52.4 to 49.6 per cent. The corresponding gures for men are 79.9 and 76.1 per cent, respectively. Worldwide, the chances for women to participate in the labour market remain almost … Continue reading
Alberta – Unemployment rate at highest level in more than 20 years
Alberta’s unemployment rate hit its highest level in more than 20 years in February, after climbing more than 2.5 points in the past year. Statistics Canada reported Friday that the province’s unemployment rate hit 7.9 per cent in February, its highest mark since August 1995. That’s up 0.5 points from January and 0.6 points higher than the … Continue reading
Job Report in Canada, February 2016 – Employment was virtually unchanged and unemployment rate rose by 0.1 percentage
Employment was virtually unchanged in February (-2,300 or 0.0%) as gains in part-time work were offset by losses in full time. The unemployment rate rose by 0.1 percentage points for the third consecutive month, reaching 7.3% for the first time since March 2013.On a year-over-year basis, employment grew by 0.7% (+118,000), with the gains mostly coming from full-time work (+82,000 or +0.6%). At … Continue reading
Job Report in US, February 2016 – Charts
The labor market is proving to be one of the most resilient segments of the economy in 2016. Chosen excerpts by Job Market Monitor. Read the whole story at US Labor Market Charts, March 2016 – Business Insider Related Post Job Report in US, February 2016 – Total nonfarm payroll employment increased by 242,000 and and … Continue reading
Job Report in US, February 2016 – Total nonfarm payroll employment increased by 242,000 and and the unemployment rate was unchanged at 4.9 percent
Total nonfarm payroll employment increased by 242,000 in February, and the unemployment rate was unchanged at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining. Household Survey Data In … Continue reading
Euro Area in January 2016 – Unemployment rate at 10.3%, 22.0% or 3.037 million under 25 unemployed
The euro area (EA19) seasonally-adjusted unemployment rate was 10.3% in January 2016, down from 10.4% in December 2015, and from 11.3% in January 2015. This is the lowest rate recorded in the euro area since August 2011. The EU28 unemployment rate was 8.9% in January 2016, down from 9.0% in December 2015, and from 9.8% … Continue reading
US – Unemployment rates still above prerecession levels in 36 states
The recession is over, but it’s certainly not forgotten across most of the U.S.: Unemployment last year remained elevated compared with 2007 levels in more than two-thirds of the states. The Labor Department reported Friday that average annual jobless rates fell in 2015 from the prior year in 47 states plus the District of Columbia. … Continue reading
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