Job Market Monitor
Unemployment
Is the US job market weak? It’s all about how you slice the data.
Is the U.S. job market dismal as Republican presidential nominee Mitt Romney says? Or is it steadily improving as President Barack Obama contends? Not to dodge the question or anything, but both men are correct. It’s all about how you slice the data. Romney and his Republican allies like to point to the unemployment rate. … Continue reading
European Trade Union Confederation to European Commission – End collective austerity
On the eve of the European Commission’s major employment policy conference Jobs for Europe the European Trade Union Confederation (ETUC) appeals to European policy makers to face up to the failure of austerity and adopt an alternative approach. As politicians, EU and international officials, academics, experts and the social partners gather to discuss how to … Continue reading
Job Openings and Educational Attainment in Metropolitan Area
For the first time since World War II, there are fewer jobs three years after the end of a recession than before it began. Our new Brookings report suggests that most of this flat recovery can be attributed to severe losses in housing wealth and jobs in industries such as manufacturing and construction. Yet education–especially … Continue reading
Long-Term Unemployed Older Workers: A National Crisis For
Americans age 55 and older are struggling to rebound from a dramatic spike in unemployment since December 2007. Seniors have experienced consistently longer periods of unemployment than younger workers, as employers seek cheaper labor and look to skirt potentially higher health care costs, according to a study by the Government Accountability Office released earlier this … Continue reading
15 Rules for Staying Optimistic While Unemployed
After months of unsuccessful job searching, it can be tough to keep your spirits up. But giving in to the temptation to be dour, bitter, and pessimistic is not going to help your chances of impressing an employer. Besides, you don’t want to go through your days living life like there’s a perpetual rain cloud … Continue reading
Unemployment insurance subsidizes layoffs writes Mulligan. As life insurance subsidizes death?
“Unemployment insurance and other types of social insurance subsidize job separations and thereby result in too many layoffs and too few people employed” writes Casey B. Mulligan in Social Insurance and Layoffs on NYTimes.com. “A variety of programs help workers after they leave a job and do not start a new one, depending on the circumstances … Continue reading
Bridging the skills gap and education
It’s the Labor Day weekend, a time when we all take a day off to catch a breath. For many people, this weekend will pass without the prospect of work. Yet many employers are unable to find suitable workers, and jobs are unfilled. What can be done? “Mismatches in supply and demand for educated workers … Continue reading
Spain – Unemployment benefits Claims Up as Public Jobs Vanish
The number of people claiming unemployment benefits in Spain rose by 38,179 in August from the previous month to a total of 4,625,634. Employment Ministry spokeswoman Engracia Hidalgo said although the monthly rise in unemployment was bad news, the increase was the smallest since August 2006. Unemployment among young people under the age of 25 … Continue reading
6 challenges for American worker
The Detroit Free Press looks at some of those challenges. Not enough jobs Long-term unemploymen Retirement anxiety Crummy jobs Bad bosses Decline of union via 6 challenges affecting the American worker – USATODAY.com.
Federal extended unemployment benefits – More reductions are set for September
“I am getting frantic emails and comments on my blog posts from people who are running out of unemployment benefits and aren’t sure why” writes Alison Doyle. “The reason is that what is provided for unemployed workers changed dramatically in January.” “Federal extended unemployment benefits have been gradually reduced this year and more reductions are … Continue reading
Israel – Unemployment drops despite record layoffs
Despite a three-year high in layoffs in July 2012, following steady increases in layoffs in the previous months, the Central Bureau of Statistics today reported that the unemployment rate among persons over the age of 15 fell to 6.5% in July from 7.1% in June and 7% in the second quarter. Participation in the labor … Continue reading
Fiscal policy, at both the federal and state and local levels: headwinds for unemployment reduction says Bernanke
The accommodative monetary policies I have reviewed today, both traditional and nontraditional, have provided important support to the economic recovery while helping to maintain price stability… Notwithstanding these positive signs, the economic situation is obviously far from satisfactory… Further, the rate of improvement in the labor market has been painfully slow. I have noted on … Continue reading
US unemployment rate is bad, eurozone is worse and Greece leads in youth unemployment (53.8%)
Euro area unemployment rate at 11.3% EU27 at 10.4%. The euro area (EA17) seasonally-adjusted unemployment rate was 11.3% in July 2012, stable compared with June. It was 10.1% in July 2011. The EU27 unemployment rate was 10.4% in July 2012, also stable compared with June. It was 9.6% in July 2011. Eurostat estimates that 25.254 million men and women in the EU27, of … Continue reading
Paul Ryan – 12 million new jobs over the next four years
Entering the Republican National Convention to ebullient cheers, Rep. Paul Ryan, the Wisconsin congressman, hammered Obama for failing to create enough jobs, chastised the current administration for focusing on health care at the expense of the unemployed. “Right now, 23 million men and women are struggling to find work… Nearly one in six Americans is … Continue reading
A free interactive application for metro-level data on supply of educated labor, employer demand for skilled workers, and other economic trends affecting unemployment rates
Use this interactive application below for metro-level data on supply of educated labor, employer demand for skilled workers, and other economic trends affecting unemployment rates. via Education, Job Openings, and Unemployment in Metropolitan America | Brookings Institution.
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