Job Market Monitor
Unemployment
Zimbabwe – Unemployment rate at 10,7%
THE Zimbabwe National Statistics Agency (Zimstat) yesterday revealed that the country’s unemployment rate was at 10,7 percent contrary to some figures some organisations have been using. Addressing participants during the 2011 Labour Force and Child Labour Survey dissemination workshop in Bulawayo yesterday, Zimstat director-general Mr Mutasa Dzinotizei said reports that Zimbabwe has an unemployment rate … Continue reading
Ireland – 10,000 skilled workers attend BC job fair
The B.C. Construction Association (BCCA) has returned from its second trip to Ireland this year to recruit tradespeople, which involved a side trip to Scotland to examine the apprenticeship training system. “It was a fabulous trip. We had a good reception from the media in the first few days,” said Abigail Fulton, vice-president of the … Continue reading
Singapore – Unemployment remains low
Unemployment remains low in the third quarter of this year despite an increase in the number of lay-offs from last quarter. Employment creation was also moderated. According to the “Employment Situation, Third Quarter 2012” report released by the Ministry of Manpower, the low unemployment rate reflects strong manpower demand amid the tightening in foreign manpower … Continue reading
US Presidential Election – Does unemployment matter ?
The economy may have become the single most important issue in modern-day politics. Since the day President Clinton uttered the words, “It’s the economy stupid,” the economy seems to have taken center stage as it pertains to election results. Moreover, for a variety of reasons, I’ve found an interesting dynamic emerging in recent years. Because … Continue reading
Euro-zone – Unemployment rate hits record 11.6%
The euro area (EA17) seasonally-adjusted unemployment rate was 11.6% in September 2012, up from 11.5% in August. The EU27 unemployment rate was 10.6% in September 2012, stable compared with August. In both zones, rates have risen significantly compared with September 2011, when they were 10.3% and 9.8% respectively. These figures are published by Eurostat, the statistical office of the European Union. Eurostat … Continue reading
JobCentre – It sucks writes libcom
Having been gainfully unemployed for a number of months, I’ve recently returned to take a swim in the shark-infested, soul-destroying, disease-ridden hell hole that is the job market. It’s also the first time I’ve been, ehhem, lucky enough to be able to claim dole. This means applying for jobs and making a fortnightly trip to … Continue reading
US – Gallup – Unemployment (sa) at 7.7% in Mid-October
U.S. unemployment, as measured by Gallup without seasonal adjustment, is 7.3% in mid-October, down considerably from 7.9% at the end of September and at a new low since Gallup began collecting employment data in January 2010. Gallup’s seasonally adjusted unemployment rate is 7.7%, also down from September. October’s adjusted mid-month measure is also more than … Continue reading
Japan – Unemployment rate (sa) stable at 4.2%.
via Statistics Bureau Home Page/Monthly Results -September 2012-.
Germany – Employment growth looses momentum but unemployment still falls
In September 2012, a total of 41.8 million persons were in employment whose place of residence was in Germany, according to provisional calculations of the Federal Statistical Office (Destatis). The number of persons in employment was thus by 324,000 above the level of September 2011, which is an increase of 0.8%. Employment growth on the … Continue reading
Public sector jobs crowding out private jobs – Sheer mystical gobbledygook writes Krugman
Both Dean Baker and Josh Bivens weigh in Robert Samuelson’s outburst at the New York Times for saying that the government can too create jobs. (He went so far as to call it “flat-earth” thinking). Sadly, Samuelson’s attitude is widely shared — even, at least rhetorically, by Barack Obama. So let me not focus on … Continue reading
Finland – Unemployment among highly educated has grown significantly
Unemployment among the highly educated has grown significantly faster than in any other group, reports the daily Helsingin Sanomat. Between last year and this year, overall unemployment rose by six percent. However the rate jumped by 18 percent among job seekers with Master’s degrees. The unemployment rate among highly educated workers is around half of … Continue reading
Will the jobless claims drop be followed by the unemployment rate ?
Applications have fluctuated between 360,000 and 390,000 since January. At the same time, employers have added an average of nearly 150,000 jobs a month. That’s barely enough to lower the unemployment rate, which has declined from 8.3 percent to 7.8 percent this year. Robert Kavcic, an economist at BMO Capital Markets, said jobless claims have struggled to fall … Continue reading
UK – Unemployment has fallen and it will rise again soon
The most unexpected figures recently were the big drops in the UK’s headline unemployment number and rate. However, the way the Office for National Statistics (ONS) reports the numbers – as three-month rolling averages – doesn’t really help us understand what is happening. It turns out that this occurs because of concerns about the variability … Continue reading
Great Recession – Only half of eligible unemployed Americans collected unemployment benefits
Only half of eligible unemployed Americans during the most recent recession actually collected unemployment benefits, according to a new analysis by the Federal Reserve Bank of St. Louis. And over the past 22 years, only one-third of those eligible for jobless benefits collected them on average. If everyone that qualified for unemployment benefits in 2009 … Continue reading
Spain – Job Crisis deepens as unemployment rate hits 25pc
Tens of thousands of jobs were lost between July and September raising the number of unemployed to 5.78 million people, Spain’s National Statistics Institute reported, a level unseen since the dictatorship of Francisco Franco ended in the mid-1970s. The number of Spanish households in which every member is out of work climbed to 1.74 million, … Continue reading
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