Job Market Monitor
Unemployment
US / Why Local Double-Digit Unemployment Persists
Based on recent national unemployment rates, it would appear that job creation has improved sharply from when the economy was shedding half a million jobs a month and the jobless rate rose to more than 10%. For much of the country that is true. However, some geographic pockets of unemployment remain in double-digit percentages. Most … Continue reading
US / Who Are the Long-Term Unemployed?
Relative to currently employed workers, those who have been out of work for more than 26 weeks (the long-term unemployed) tend to be less educated and are more likely to be nonwhite, unmarried, disabled, impoverished, and to have worked previously in the construction industry and construction occupations Continue reading
US / More Nonwhites Than Whites Say Jobs the Top Issue finds Gallup
One in four Americans name the economy as the most important problem facing the country today, followed by unemployment and jobs at 19%, and dissatisfaction with government at 17% Continue reading
Illinois / The second-highest unemployment rate in US
Illinois has the second-highest unemployment rate in the nation, a rank the state has held for five months now, behind only the state of Nevada. Continue reading
China / Be innovative, Li tells graduates
Premier encourages students to find work in western China. Premier Li Keqiang told new graduates to be enterprising and innovative in hunting for jobs in what some say is the toughest time for them to find work in recent years. Continue reading
Canada’s Youth / The unemployment rate doubles the average and there is no job economic recovery
Young people today face an extremely challenging labour market. The unemployment rate for those aged 15 to 24 is double that of the national average and job gains since the economic recovery began have been nearly non-existent. Solving this problem, however, is no easy task. Continue reading
Peru / Unemployment rate rises unexpectedly
The unemployment rate in Peru rose unexpectedly last month, official data showed on Thursday. In a report, INEI Peru said that Peruvian Unemployment Rate rose to a seasonally adjusted 6.0%, from 5.8% in the preceding month. Source: via Peruvian unemployment rate rises unexpectedly – Investing.com.
Korea / Unemployment rate unchanged at 3.2 percent in July – The China Post
South Korea’s jobless rate was unchanged at 3.2 percent in July, Statistics Korea said Wednesday, after new employment openings in education and social services offset losses in the manufacturing sector Continue reading
UK / Unemployment Rate is unchanged, overall, but up at 21.4% for 16 to 24 year olds
United Kingdom – The unemployment rate for April to June 2013 was 7.8% of the economically active population, unchanged from January to March 2013. For 16 to 24 year olds, it was 21.4% for April to June 2013, up 0.7 percentage points from January to March 2013 Continue reading
Canada / High youth unemployment does not represent an alarming event says the Certified General Accountants Association of Canada
Although youth unemployment is relatively high – it does not represent an alarming event write the Certified General Accountants Association of Canada in Youth Unemployment in Canada: Challenging Conventional Thinking? Continue reading
Recession / Mothers Are Tougher on Kids
A down economy can impact family life. But an uptick in strict maternal behavior stems more from anticipation of hard times rather than actual exposure Continue reading
Canada / The truth behind the job market
Reading though what people say in their discussions it’s become very clear that a lot of people are confused about the job market in Canada Continue reading
US / Retirement damaged by unemployment – A survey
The Damaged Nest Egg: Un/Underemployment Results in Withdrawals from Retirement Funds -A sizeable majority of the un/underemployed (62 percent) are not too/not at all confident that they will be able to retire comfortably Continue reading
US / Ending The Crisis With Guaranteed Employment And Retraining
Guaranteeing employment accompanied by retraining to enable all unemployed workers to become absorbed into the regular work force is a superiority strategy that it would institutionalize a procedure for insuring that workers would possess the necessary skills for available jobs Continue reading
Job Search in India / The current slowdown may be the worst ever
India, the world’s second-most populous country and home to the world’s second largest workforce has a problem. That this is the worst job market since liberalisation in terms of severity, duration, sweep and scale Continue reading
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