Job Market Monitor
United States
The American Job Gap
We face a 9 million jobs gap between the number of jobs we have and the number we need, and this doesn’t even address the low quality of the jobs being created. The chart below, taken from an Economic Policy Institute blog post, illustrates the gap. As Heidi Shierholz, the author of the post, explains: The … Continue reading
Skills Gap / No Big Deal writes Businessweek
The much talked-about “skills gap” in the U.S. is more limited than many people think and shouldn’t prevent, or even stall, the U.S. manufacturing renaissance, at least for a while. More severe shortages are likely to develop, however. We need to take steps now to prevent them and make sure that enough new talent enters … Continue reading
How Education Matter – Infographics
. . Source: DOES GENERAL EDUCATION MATTER?
US / Why Is Labor Force Participation Shrinking?
We noted earlier that the recent drop in labor force participation — the percentage of people 16 or older who are working or looking for work — reflects not only the economic downturn and lack of job opportunities, but also the fact that more baby boomers are hitting retirement age. To measure the effect of … Continue reading
US / Homeland Security to hire 600 cybersecurity pros
Department of Homeland Security (DHS) Secretary Janet Napolitano, acting on the recommendation of the Homeland Security Advisory Council’s Task Force on Cyberskills, said at a Washington Post cybersecurity forum that DHS wants to hire at least 600 cyber experts, analysts, IT specialists and people who are familiar with coding. As a number of cyber experts … Continue reading
‘Obamacare Layoffs’ / Overblown ?
“Obama Reelection Triggers Massive Layoffs Across America.” “Job loss an early consequence of election.” “Obama keeps job; others lose theirs.” “The Obamacare Layoffs Begin…” “Top US Companies Plan Layoffs Because of Obamacare.” These are some of the headlines coming out of media sources like the Washington Times, the National Review, and Fox News since President … Continue reading
Evidences suggests that structural unemployment is worsening in many countries
Since the onset of the Great Recession, there has been a change in the relationship between the unemployment rate and vacancy rate in the U.S.” write Bart Hobijn and Aysegul Sahin in Beveridge Curve Shifts across Countries since the Great Recession on frbsf.org. (Choosen excerpts by JMM to follow) This relationship, summarized by the Beveridgecurve, was remarkably … Continue reading
US / Nonprofit Sector is Growing Faster than Rest of the Economy
The nonprofit sector’s growth in total wages and employees outpaced government and business between 2000 and 2010, The Nonprofit Almanac 2012 shows. The volume was published this week by the Urban Institute Press. Even during and after the recession, from 2007 to 2010, nonprofit employment grew 4 percent and wages increased 6.5 percent, while they … Continue reading
NBC Universal – To Cut About 450 Jobs
Comcast Corp. (CMCSA)’s NBC Universal is cutting about 450 jobs at several divisions of the broadcast, film and cable company, according to two people with knowledge of the situation. The reductions, some of which have taken place already, amount to about 1.5 percent of NBC Universal’s 30,000 employees, according to the people, who weren’t authorized … Continue reading
US | Unemployment Insurance | House Democrats push for extension
House Democrats are beginning their push for an extension of expanded federal unemployment benefits before more than 2.1 million workers lose them at year’s end. Ways and Means panel ranking member Sandy Levin (D-Mich.) and Rep. Lloyd Doggett (D-Texas) released a committee report on Monday arguing for quick action to extend benefits before they expire … Continue reading
US | Workers Least Satisfied With Stress and Pay
U.S. workers are the least satisfied with their on-the-job stress and money they make, out of 13 aspects of work conditions rated in Gallup’s annual Work and Education poll. Fewer than a third say they are completely satisfied with each. They are most satisfied with the physical safety conditions of their workplace, followed by their … Continue reading
US | Colleges and Universities | Only 29 pc of students have received career and job help
Millennial Branding, a Gen Y research and consulting firm and StudentAdvisor.com, a Washington Post Company and the leading free learning resource for students, today announced a new report on how students are developing their careers while in college. The report, The Student Career Development Study, shows that students are not aggressively preparing for their post-college … Continue reading
American Veterans | Trends and Programs
“Veterans’ employment outcomes in the civilian labor market are an issue of ongoing congressional interest” write Benjamin Collins, David H. Bradley, Cassandria Dortch, Lawrence Kapp and Christine Scott in Employment for Veterans: Trends and Programs for CRS (Adapated choosen excerpts by JMM to follow) This report offers introductory data on veterans’ performance in the civilian labor market as well as a discussion … Continue reading
Skills Gap | Three million open jobs in U.S. (Video)
Millions of jobs are waiting to be filled, but employers say they can’t find qualified workers because of “the skills gap.” Byron Pitts reports. Watch @: via Three million open jobs in U.S., but who’s qualified? – 60 Minutes – CBS News. Related Posts Apprenticeship | Skills Gap in Advanced Manufacturing POSTED BY JOB MARKET MONITOR ⋅ NOVEMBER 10, … Continue reading
Pilots | Airlines Face Acute Shortage Writes WSJ
U.S. airlines are facing what threatens to be their most serious pilot shortage since the 1960s, with higher experience requirements for new hires about to take hold just as the industry braces for a wave of retirements. Federal mandates taking effect next summer will require all newly hired pilots to have at least 1,500 hours … Continue reading
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