Job Market Monitor
Unemployment
OECD – High jobless rates to last until at least the end of 2013
The Employment Outlook 2012 says that the OECD-wide joblessness rate is forecast to remain high at 7.7% in the fourth quarter of 2013, close to the 7.9% rate in May 2012. This leaves around 48 million people out of work across the OECD. In the Euro area, unemployment rose further in May to an all-time … Continue reading
Poland – Youth Unemployment
Even though Poland does not belong to the group of countries where the global crisis has had an extensively negative impact on the economy in statistical terms, the main negative phenomena concerning its youth include the rise of unemployment, the growth of precarious employment and in-work poverty. This situation should be attributed to an already … Continue reading
Duration Unemployment in US
In June of 1983, the percentage of those unemployed 27 weeks or longer peaked at 26%. That is the only month prior to April of 2009 above the 25% mark. Starting April of 2009, every month has been above the 25% mark. Starting July of 2009, every month has been above the 30% mark. Starting … Continue reading
Canada Public Sector Jobs A Grotwh Factor Contrary To US
It’s no surprise that Canada’s economy is still managing to grind out jobs, although at a much slower space than earlier in the year, and that its closest neighbour and biggest trading partner continues to struggle to match that growth. But what is surprising is how Canada’s public sector carried the employment load last month, … Continue reading
How many more jobs would we have if the public sector hadn’t been shedding jobs for the last three years?
The most glaring weakness in the current recovery relative to previous ones is the unprecedented public-sector job loss seen over the last three years. The figure below shows that private sector job growth in the current recovery is close to that of the recovery following the early 1990s recession and is substantially stronger than the … Continue reading
Report – Too Much to Lose: Understanding and supporting Britain’s older workers
The report Too Much to Lose: Understanding and supporting Britain’s older workers by Matthew Tinsley published on policyexchange.org.uk examines the position of over-50s in the UK labour market. It outlines the large barriers to work that they face and highlights that the majority of these barriers remain unaddressed by government support. It argues that without reforms to address these issues, … Continue reading
Boehner, Hill Republicans react to bad jobs report
The lackluster jobs report brought a swift and coordinated response from Capitol Hill, with Republicans blaming the poor showing on President Obama’s policies, while Democrats countered that the GOP was wasting time on ideological measures that have little chance at improving the economic outlook. “Today’s report shows the private sector clearly isn’t ‘doing fine’ and … Continue reading
Ireland – The ‘unemployment blackspots’
Most counties and cities are above the national average. Limerick City leads this dismal table with over 28 percent reporting unemployment, followed by Donegal and Waterford City. It’s a pretty grim state when the city or county you live in, more than one-in-four are unemployed. But the Census also provides a look at smaller … Continue reading
Federal Government Can Restore Full Employment – If Only it Wanted to Do So
‘Three years after our worst recession since the Great Depression officially ended, the U.S. economy is still very weak’ writes Mark Weisbrot. The people most hurt by this weakness are the unemployed and the poor, and of course the two problems are related. We have about 23 million people who are unemployed, involuntarily working part-time, or have … Continue reading
Update 3 – US Job market loosing momentum : unemployment rate unchanged while nonfarm payroll employment is up in June (+80,000)
Nonfarm payroll employment continued to edge up in June (+80,000), and the unemployment rate was unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Professional and business services added jobs, and employment in other major industries changed little over the month. Household Survey Data The number of unemployed persons (12.7 million) was essentially … Continue reading
Canada – Employment was little changed for the second consecutive month and the unemployment rate edged down to 7.2% in June
The lost in momentum in US on the job market might be hitting Canada. In June, employment was little changed for the second consecutive month and the unemployment rate edged down 0.1 percentage points to 7.2%, as fewer people searched for work. Compared with 12 months earlier, employment increased 1.0% or 181,000. At the same time, full-time work was up 222,000 (+1.6%), while part-time … Continue reading
US Job market loosing momentum : unemployment rate was unchanged at 8.2 percent while nonfarm payroll employment continued to edge up in June (+80,000)
Nonfarm payroll employment continued to edge up in June (+80,000), and the unemployment rate was unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Professional and business services added jobs, and employment in other major industries changed little over the month. Household Survey Data The number of unemployed persons (12.7 million) was essentially … Continue reading
No Federal Unemployment Benefits for Workers Laid Off During The Rest Of 2012
Jobless Americans are facing a cliff when it comes to their unemployment benefits. As a new report from the National Employment Law Project notes, due to Congress phasing out federal unemployment benefits that were implemented as a response to the Great Recession, U.S. workers who lose their jobs from the first week of July forward … Continue reading
Philippines – Unemployment falls to 26.6% in Social Weather Stations’ survey
Unemployment in the country dropped from an estimate of 13.8 million individuals in the first quarter to 10.9 million individuals in the second quarter, according to a recent survey by the Social Weather Stations (SWS). The survey, conducted from May 24 to 27 and first published in Business World, showed that the number of jobless … Continue reading
Ireland – The Celtic Tiger – Unemployment hits 14.9 per cent – Women hardest hit
Government statisticians say Ireland’s unemployment rate has risen to an 18-year high of 14.9 per cent, underscoring the country’s struggle to stimulate its economy amid debt fears and austerity pressures. via Sky News: Irish unemployment hits 14.9 per cent. Unemployment rate (To April 12012) — Number of women joining dole queues double that of men … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 