NI Conservatives’ economy spokesman, Johnny Andrews, has accused the Executive of ‘sleepwalking towards a jobs crisis’ and failing to ‘deliver a boost for business’, after the latest labour statistics revealed an increase in unemployment and economic inactivity in Northern Ireland. “The Executive’s Programme for Government promised that creating jobs would be a priority, but it … Continue reading
Joe Mako has used Tableau to plot unemployment relative to the national average for every US state between 1976 and 2012. The aptly named horizon chart represents values using both colour and dimensions. In this case orange and red shading indicate an unemployment rate above the national average, while shades of blue show the inverse. … Continue reading
The unemployment rate for immigrant workers in the United States is lower than the unemployment rate for native-born workers, according to data from the Bureau of Labor and Statistics (BLS). BLS’s data show that unemployment among foreign born workers in May 2012 was 7.4 percent, while for native-born workers it was 8.0 percent. The data … Continue reading
Mixed unemployment data show headline jobless rate fell 51,000 to 2.61m as claimant count rose 8,100 to 1.6m Source: m.guardian.co.uk. Related articles (jobmarketmonitor.com) UK unemployment falls by 51,000 and 166,000 more people in employment – ONS UK: Long-term youth unemployment grows eight-fold since 2000 UK Youth Unemployment | From 6,000 to 50,000 on Jobseekers’ Allowance for more than … Continue reading
A higher minimum wage not only boosts workers’ incomes—something that is sorely needed to boost demand and get the economy going—but it also reduces turnover and shifts businesses toward a high-road, high-human-capital model. Still, some policymakers may be nervous about increasing the minimum wage while unemployment is so high. Yet, both the federal and states … Continue reading
The number of young people who have been unemployed for more than a year since 2000 has increased by an enormous 874 per cent (from 6,260 to 60,955), going up by 264 per cent in the last year alone. In comparison, on average across all working age groups, long-term unemployment has risen by 50 per … Continue reading
U.S. unemployment, as measured by Gallup without seasonal adjustment, is 8.0% in mid-June, unchanged from the end of May but significantly better than the 8.7% for the month of June 2011. Gallup’s seasonally adjusted number is 7.8%, an improvement from 8.3% at the end of May, and down slightly from the previous seasonally adjusted low … Continue reading
For February to April 2012: • The employment rate for those aged from 16 to 64 was 70.6 per cent, up 0.3 on the quarter. • There were 29.28 million people in employment aged 16 and over, up 166,000 on the quarter. The number of people employed in the private sector increased by 205,000 to … Continue reading
Throughout the Great Recession and the not-so-great recovery, the most commonly discussed measure of misery has been unemployment. But many middle-class and working-class people who are fortunate enough to have work are struggling as well, which is why Sherry Woods, a 59-year-old van driver from Atlanta, found herself standing in line at a jobs fair … Continue reading
Over the last week, a Londoner and a Glaswegian have publicly embarrassed themselves with statements made about the current economic situation. One is an academic historian who hasn’t fully understood history. The other a politician who is seeking to deny the obvious and somehow blur his own culpability in driving the British economy back into … Continue reading
Canada – After 2 months of large gains, employment was unchanged in May, and the unemployment rate remained at 7.3%. Following two months of large gains, employment was unchanged in May, and the unemployment rate remained at 7.3%. Compared with 12 months earlier, employment increased 1.2% or 203,000. Virtually all of this growth was in full-time work, up 192,000 (+1.4%). The total … Continue reading
The US Labor Market Is In A Full-Blown Depression zerohedge.com – Now that stocks are back to reflecting nothing more than expectations of how many times the Chairsatan dilutes the existing monetary base in a carbon copy replica of not only 2011 but also 2010… … JobMarketMon Joseph Stiglitz on “The Price of Inequality: How Today’s … Continue reading
Work-life balance: World’s 20 best cities – Rediff.com Business rediff.com – The biggest challenge for workers across the world is to find a perfect balance between work and life. Long work hours can impact health, jeopardise safety and increase stress among employees, acco… JobMarketMon Number of the Week: Most Unemployed Have College … Continue reading
The Maddow Blog – A stroll down memory lane maddowblog.msnbc.msn.com – After Friday’s discouraging jobs report, there was increasing talk on the right about the benefits of George W. Bush’s record, as if the nation would be better off turning back the clock to 2008. A… JobMarketMon Classes of 2001 vs. 1999: What a Difference Two … Continue reading
Joblessness Rises: Are We on the Verge of Another Recession? | Economy alternet.org – The White House must be telling itself there are still five months between now and Election Day, so the jobs picture could brighten. After all, we went through a similar mid-year slump in 2011 but… JobMarketMon Why the U.S. economy is … Continue reading