Job Market Monitor
United States
US / The Rest of the World is in Recession
We have quarterly GDP data for 11 more OECD countries since our last post “World plunges into recession in Q42012“, and there have been some 2nd estimate revisions (such as the U.S). The chart below shows an improvement over the last post we made with the inclusion of more data points, but both the measures … Continue reading
US / Planned layoffs rose for second month in a row
Planned layoffs at companies rose for the second month in a row in February as the financial sector cut the most employees in over a year, a report showed on Thursday. Employers announced 55,356 planned job cuts last month, up nearly 37 percent from 40,430 in January, according to the report from consultants Challenger, Gray … Continue reading
T-Mobile / Big layoffs to come at headquarters
A significant round of layoffs is happening at the Bellevue headquarters of T-Mobile USA just ahead of its merger with MetroPCS, according to people inside the company. Employees are expecting the cuts, which may affect more than 100 people in marketing and other groups, to happen Thursday, when conference rooms at the company are reserved … Continue reading
US / Immigrants to make up of a third new households
Between 2010 and 2020, immigrants are projected to make up about one-third of the growth among all households, according to a new report from the Mortgage Bankers Association’s Research Institute for Housing America. Specifically, the report projects that between 2010 and 2020, immigrants will account for 32.2% of growth among all households. They’ll make … Continue reading
US / Megacommuters: 600,000 Travel 90 Minutes and 50 Miles to Work, and 10.8 Million Travel an Hour Each Way
About 8.1 percent of U.S. workers have commutes of 60 minutes or longer, 4.3 percent work from home, and nearly 600,000 full-time workers had “megacommutes” of at least 90 minutes and 50 miles. The average one-way daily commute for workers across the country is 25.5 minutes, and one in four commuters leave their county to … Continue reading
US / 5 Myths About the Minimum Wage
Myth #1: Hordes of Minimum-Wage Workers Very few Americans are actually working for the federal minimum wage—it’s just 2.9 percent of all workers in the United States. In other words, 97 percent of American workers make more than minimum wage. Myth #2: The “Working Poor” Getting By on Minimum Wage More than half of minimum-wage … Continue reading
US Insurance Industry / 16,000 Jobs Open with an Aging Workforce
In a comprehensive survey of 173 insurance companies, including phone interviews with agents and brokers, third party administrators and managing general agents, GreatInsuranceJobs.com reports 16,000 open and available jobs across the nation in the insurance industry. On top of that, the survey projected an additional 23,000 more by the end of this year. The survey … Continue reading
Talent War / Saudi Arabia Hiring Top Names in American Research
Two wealthy new Saudi research institutions focused on the kingdom’s energy future are on a hiring spree in the United States, luring away the president of Cal Tech and signing up advisors that include two influential energy market analysts, the CEO of one of Washington’s biggest think tanks and even MIT professor Ernest Moniz, President … Continue reading
US / Wealth Inequality (Video)
Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is. via Wealth Inequality in America – YouTube.
US / Official Recession Indicators are Contracting
The chart clearly illustrates the savagery of the last recession. It was much deeper than the closest contender in this timeframe, the 1973-1975 Oil Embargo recession. While we’ve yet to set new highs, the trend has collectively been upward. But a closer look at the average shows a clear slowing of the trend in 2012. … Continue reading
US / 53.5 million Americans report being bullied at work
The Workplace Bullying Institute (WBI) wrote the survey and commissioned Zogby International to collect data for the second representative study of all adult Americans on the topic of workplace bullying. WBI conducted the first national study in 2007. The 2010 Survey There were two 2010 surveys – one with several items and 4,210 survey respondents … Continue reading
US / DOL’s Layoffs Report Could Become Victim of Sequester
The “sequester” spending cuts could cause hundreds of thousands of layoffs across the U.S., economists say. But, in a twist, the cuts will also impede the government’s ability to count those layoffs. The Labor Department is planning to stop producing its monthly report on mass layoffs in the U.S. labor market if sequester begins as … Continue reading
US / The Great Wage Recession And The Great Jobs Recession : Two Charts
As bad as the current job recovery has been — and it’s by far the weakest since World War II — the recovery in wages has been far worse. Five years after the recession began in December 2007, total wages in the economy have yet to fully recover in real terms, Commerce Department data show. … Continue reading
US / Hispanics / Unemployment Rate Tops 17% in 5 States
The Hispanic unemployment rate at the end of 2012 in 13 states significantly exceeded the state rate, with the percentage of jobless Hispanics surpassing 17 percent in five states. Overall, the unemployment rates likely will remain high for whites, Latinos, and African-Americans through the year, according to projections by the Economic Policy Institute. The nationwide … Continue reading
US / Poll: Economists think minimum wage is worth it
The IGM Forum, which is run by the University of Chicago’s Booth School of Business, polled top economists on the minimum wage. The first question they asked was whether raising the minimum wage could make it harder for some low-wage workers to find jobs. The second question was whether they thought increasing the minimum wage … 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 