Job Market Monitor
Unemployment
Long-term unemployment is increasing around the world says ILO
Unemployment spells for workers are becoming longer in some countries compared to the pre-crisis situation in 2008, according to the new edition of the ILO Key Indicators of the Labour Market (KILM) Continue reading
Unemployment in Spain / A record number drop
The number of unemployed in Spain dropped by a record number in December making up the second biggest monthly drop in 14 years and bringing hope to the 4.7 million people still without a job in the EU’s fourth-largest economy. The number of people registered as unemployed fell by 107,570 in December, according to figures … Continue reading
UK / More than three quarters of a million young people believe they have nothing to live for
The Prince’s Trust Macquarie Youth Index has found that more than three quarters of a million young people believe they have nothing to live for, with jobless youngsters facing “devastating” symptoms of mental illness Continue reading
Teenage Unemployment in US / A tragedy
More than one in seven between age 16 and 24 can’t find any job, full or part-time. For African Americans in that age group, it’s more than one in four. Continue reading
The value of an education in today’s US economy
Even in today’s recovering economy, education has retained its high value and is still the strongest step you can take in your career Continue reading
Brazil / Low unemployment rate matches record but …
Fewer Brazilians are working and even less are looking for work Continue reading
US / The share of unemployed receiving jobless aid will drop to its lowest level
Unless Congress reauthorizes the program by December 28th, 1.3 million long-term unemployed workers and their families will be abruptly cut off from federal unemployment insurance at the end of the month Continue reading
Job Vacancies in Canada / 6.0 unemployed people for every job vacancy up from 5.2 one year earlier
The increase in the unemployment-to-job vacancies ratio was the result of fewer job vacancies, as the number of unemployed people was little changed Continue reading
Spain / Do more labour market reforms OECD urges
Spain could further cut severance pay and better match training programmes to business needs among new steps to reduce Europe’s second-highest jobless rate, the OECD organization of wealthy countries said in a report on Wednesday. The report by the Organization for Economic Co-Operation and Development praised Spain, which is just emerging from a prolonged economic … Continue reading
US / The youth unemployment crisis
Decades of economic data on youth joblessness shows that: 1) lack of work early in an individual’s career leads to lower future wages; and 2) entering the job market during a recession scales up individual challenges to entire generations. The data is as solid as it is disturbing Continue reading
Netherlands / Unskilled worst hit by unemployment
The rise in unemployment between 2008 and 2012 has hit the low-skilled much harder than people with college or university degrees, the national statistics office CBS said on Monday. In 2012, 8.8% of people with no or little further education were without work, up from 5.3% in 2008. But just 4.1% of people with a … Continue reading
Older Workers / How long do older unemployed workers conduct their job searches before deciding to retire ?
Unemployed people who have these resources retire more rapidly than those who cannot afford to do so, regardless of their job prospects. The results suggest that for job separations that do not lead to an immediate retirement, about half of the jobless spells end in retirement and half in re-employment. Among jobless spells that do end in retire- ment, most do so within a year after separation. Continue reading
Tackling Youth Unemployment / Try apprenticeships says ILO
The ILO was host this week to a Sub-Regional Workshop on Apprenticeship Systems in Europe, where government, workers’ and employers’ representatives had the chance to exchange ideas and best practices on successful apprenticeship systems in the continent. Apprenticeship systems have played an important role in certain countries to help reduce youth unemployment. Watch the videos … Continue reading
Sweden / The unemployment rate is at 8.0% (sa)
In November 2013 the number of employed persons aged 15-74 increased by 75 000 compared to November 2012 and amounted to 4.7 million (±35,000). The employment rate was 65.6 (± 0.5)%, an increase of 0.7 percentage points. The number of employed women increased by 53,000 and amounted to 2 236,000 (±27,000), while the number of … Continue reading
Balkan Countries / High unemployment rates
In Croatia, which has a 17 percent unemployment rate, almost 1,000 people lose their jobs daily. The rate is far above the EU average of 12 percent. The government is launching a programme in January to combat the high rates. Guarantee for Youth, which is funded by the EU, aims to secure jobs within six … Continue reading
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