Job Market Monitor
Unemployment
May US Job Report – Employment rose by 217,000, returning employment to its pre-recession level, and UR unchanged
Total nonfarm payroll employment rose by 217,000 in May, and the unemployment rate was unchanged at 6.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, health care and social assistance, food services and drinking places, and transportation and warehousing. Household Survey Data The unemployment rate held at … Continue reading
Teen Unemployment in US – A crisis says EPI
In preparation for summer 2013, the Employment Policies Institute EPI released a new analysis highlighting the nation’s staggeringly high 24.1 percent teen unemployment rate. Teen unemployment has exceeded 20 percent for over four and a half years—a fact that calls into question the wisdom of passing additional minimum wage increases that would price more teens … Continue reading
Colombias – Unemployment drops to 9%, lowest in 14 years in April
Unemployment in April has dropped to 9%, 1.2 percentage points less than in the same month last year and the lowest rate in 14 years, Colombia’s statistics agency announced Friday.According to statistics agency DANE, the April unemployment rate has dropped a total of 3.2 percentage points since 2010 when the administration of President Juan Manuel … Continue reading
Global unemployment hit 200mn last year says ILO, and it will worsen
Almost 200 million people around the world were unemployed last year, a report by the United Nations’ labour agency says. A report by the International Labour Organisation says latest statistics show an increase of almost five million compared with the previous year 2012. “This reflects the fact that employment is not expanding sufficiently fast to … Continue reading
Unemployment and Wages in the US – Long-term unemployed should not be strongly discounted from measures of slack research finds
Some have argued that the unemployment rate may overestimate labor market slack, because the long-term unemployed (LTU) are largely structurally unemployed and exert significantly less wage and price pressure. If so, then using the aggregate unemployment rate to forecast wage or price inflation may be misleading. However, this Note, along with the companion note showing … Continue reading
France – Unemployment rate hit record high in April
New official figures show that the number of the registered unemployed people in France reached a record high in April.According to the statistics released by the French Labor Ministry on Wednesday, the number of the jobless increased by 14,800 in April 2014 to a record high of 3,364,100.This is while economists had predicted a smaller … Continue reading
Unemployment in Germany – Biggest rise in five years in May
German unemployment posted its strongest monthly rise in over five years in May, but the Labour Office said mild winter weather was largely to blame for the unexpectedly weak figures. The number of people out of work increased by 24,000 to 2.905 million on a seasonally-adjusted basis, data showed on Wednesday. It was the largest … Continue reading
Jobless in US – Many reluctant to make significant changes poll finds
The poll Wednesday found that many jobless Americans are reluctant to make significant changes to boost their chances of landing a job. Nearly two-thirds said they don’t plan to go back to school to make themselves more marketable; 44% said they wouldn’t relocate to another city for a job. Some 36% said they spent no … Continue reading
US in Maps – State unemployment, 2004 to 2014
State unemployment rates were generally lower in April. Forty-three states had unemployment rate decreases, two states had increases, and five states and the District of Columbia had no change. Forty-seven states and the District of Columbia had unemployment rate decreases from a year earlier, one state had an increase, and two states had no change. … Continue reading
Taiwan – April unemployment lowest in 6 years
Thanks to the improved economy, Taiwan’s unemployment rate was pegged at 3.91 percent, the lowest point in about six years, according to a report released by the Directorate-General of Budget, Accounting and Statistics (DGBAS) yesterday. It was the first time for the unemployment rate to go below 4 percent since the financial crisis. While companies … Continue reading
Latin America and the Caribbean – Urban unemployment fell to historic lows in 2013 ILO reports
In 2013, the urban unemployment rate in Latin America and the Caribbean once again fell to historic lows. The ILO estimates that the rate will reach 6.3% at the end of the year. This is good news for a region that had a double-digit unemployment rate a decade ago (11.1% in 2003). However, the impact … Continue reading
US – Jobs and Unemployment are the most important problems facing the country poll finds
Twenty percent of Americans name unemployment or jobs as the most important problem facing the country in May, up from 14% who mentioned these issues in April. Dysfunctional government (19%) and the economy in general (17%) also rank among the top problems. Chosen excerpts by Job Market Monitor. Read the whole story at Jobs, Government, and Economy … Continue reading
Unemployment in Gaza – A five-year high of 41%
The Palestinian Central Bureau of Statistics has reported that unemployment in the Strip has surged in the first quarter of 2014 to 41 percent, the highest rate since 2009. The number of unemployed persons stands at 180,000 people. A year ago, in the first quarter of 2013, the rate of unemployment was 30 percent – … Continue reading
US – Housing Starts vs Unemployment (Chart)
Housing stats lead unemployment figures anywhere from 6-18 months. The logic being that housing triggers not just construction hiring, but effects nearly every other industry as a “house” virtually houses products from every other industry. Ergo when housing recovers so too (generally) does employment in every other sector. Chosen excerpts by Job Market Monitor. Read the … Continue reading
UK – Unemployment at lowest in more than five years and real wage growth
Britain’s unemployment rate fell to its lowest level in more than five years in the first quarter of 2014, helped by a record number of people getting jobs. Pay growth rose more than inflation for the first time since 2010 but was below forecasts. The latest signs of recovery in the labour market come shortly … 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 