Job Market Monitor
Unemployment
The Long-term Unemployed Face Severe Discrimination
Researchers at the Federal Reserve have found that people who are unemployed more than six months are heavily discriminated against. They sent fake resumes to hundreds of employers in response to job postings. Applicants who had only recently lost a job but had no relevant experience were far more likely to be called than those … Continue reading
UK / The current chaos at Jobcentres
The country’s policy for dealing with unemployment is inherently built for the good years and is ill-equipped to support the unemployed workforce of post-crash Britain, a fact which has important implications for the role of job centres Continue reading
US / Fed Has Failed to Lower Unemployment
Fed Chairman Ben Bernanke continues to believe that more aggregate demand is all that is needed to put back to work the unemployed, but about 1.65 million more people would have jobs if the unemployment rate dropped to the Fed’s target Continue reading
G20 / Put job creation at the heart of the global recovery writes US Treasury secretary
When the finance and labour ministers of the Group of 20 leading nations gather in Moscow, getting people back to work must be top of the agenda writes U.S. Treasury Secretary Jacob Lew Continue reading
Africa / Rising population and youth unemployment
Nearly 300 million people in sub-Saharan Africa are aged between 10 and 24, and that number is expected to climb to about 561 million by the middle of this century Continue reading
Greek unemployment rates at new high: 26.9 percent and youth 57.5 percent
Greece- Unemployment rose to 26.9 percent from 26.8 percent in March, the highest reading since statistics service ELSTAT began publishing jobless data in 2006 Continue reading
Australia / Defining full employment
More than anything else in the last hundred years, explanations of unemployment in capitalist economies and the related notion of full-employment have been at the heart of debate in macroeconomics Continue reading
Eurozone jobless rate Gap widening says OECD average
The unemployment landscape in the eurozone worsened slightly in May, diverging further from the overall rate of 8.0 percent in advanced countries, the OECD said on Tuesday Continue reading
Canada / Employment was virtually unchanged after the biggest gain in a decade last month
Canada – In June, employment was virtually unchanged and the unemployment rate remained at 7.1% Continue reading
US / Employment increased by 195,000 in June as unemployment rate remained at 7.6 percent
Total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent Continue reading
Canada / From 1981 to 2012, the Changing labour market conditions for youth
Over the past three decades, the employment outcomes of young Canadians aged 15 to 34 evolved differently across periods, gender, age groups and provinces Continue reading
German Scheme / Is this good for Europe? (video)
Across Europe, one young person in four has no job and the problem is considerably worse in countries such as Spain and Greece. Many German companies are keen to recruit new talent so the government is paying for language classes, travel costs and expenses for internship programmes. But is this good for Europe – or is it creating further problems for the future? Continue reading
Startup Programs / The effectiveness is influenced by prevailing economic conditions finds a research
“Labor demand side restrictions in areas with relatively bad labor market conditions generally increase entries into start-up programs as job offers are limited and starting an own business is an opportunity to leave unemployment. However, the survival of firms in deprived areas is also lower, such that the overall effect remains an empirical question” write Marco … Continue reading
Spain’s unemployment down, but not seasonally adjusted (Video)
The number of people registered as unemployed in Spain fell in June due to hiring for summer tourism related jobs, but Taking into account seasonal variations, the number of registered unemployed people edged higher and was up by almost 1,000 from the previous month Continue reading
US / Mismatch increased during the Great Recession finds FRBSL
Mismatch increased during the Great Recession. Mismatch can account for at most 2.72 percentage points of the 5.30-percentage-point increase in the unemployment rate from the beginning of the recession to the unemployment rate peak. Continue reading
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