Job Market Monitor
US
US / Jobless Claims Rise to Two-Month High But ?
The number of Americans filing for unemployment benefits unexpectedly increased to a two-month high last week Continue reading
US / Temp agency is second-largest employer
America’s second-largest employer is Kelly Services, a temp agency Continue reading
US / 21 percent of young veterans are jobless
“The nation’s youngest veterans, ages 20-24, are experiencing one of the highest unemployment rates at 21 percent,” a research says Continue reading
Europe vs US / On vacations, dead last
the United States ranks dead last among advanced countries in one category: vacations Continue reading
US Technology Workers / Mainly young and male
US – It’s well known that technology is a young man’s game. Still, it is surprising to see just how young Continue reading
US / Employment increased by 195,000 in June as unemployment rate remained at 7.6 percent
Total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent Continue reading
US / The net gain in employment over the last 13 years has gone to immigrants says CIS
All of the net gain in employment in the United States over the last 13 years has gone to immigrants (legal and illegal) Continue reading
US Veterans / Bank of America Hiring Vets for IT
Job recruiters at Bank of America Corp. plan to double the number of military veteran-related events they attend this year. (Chosen excerpts by Job Market Monitor) Josh Renick, the bank’s staffing manager for enterprise military recruiting, tells CIO Journal “it was technology executives who drove that initial push” to hire vets for IT positions. Like at many … Continue reading
US / Jobless claims moderate downward trend continues
In the week ending June 29, the advance figure for seasonally adjusted initial claims was 343,000, a decrease of 5,000 from the previous week’s revised figure of 348,000. Continue reading
Reshoring in the US / 5 Companies Bringing Jobs Back
A look at five reshoring leaders so far this year Continue reading
Apprenticeship in the US / Work and learn at the same time
Many people work and learn at the same time In the US. But in addition to getting a paycheck, apprentices like Schmitt are also getting a career boost: their on-the-job experience and technical instruction are part of a formal program to help them master an occupation Continue reading
US / Mismatch increased during the Great Recession finds FRBSL
Mismatch increased during the Great Recession. Mismatch can account for at most 2.72 percentage points of the 5.30-percentage-point increase in the unemployment rate from the beginning of the recession to the unemployment rate peak. Continue reading
US / Labor Surplus, Labor Shortage, and the Skills Gap
US Job Market has two significant problems — a labor surplus and a labor shortage. High unemployment and a lack of job opportunity for young people – the surplus; employers who can’t find the highly skilled workforce needed – the shortage Continue reading
US / had more temp workers than ever before: 2.7 million
In cities all across the country, workers stand on street corners, line up in alleys or wait in a neon-lit beauty salon for rickety vans to whisk them off to warehouses miles away. This is Chicago, New Jersey, Boston. Continue reading
US Medical Device / Widespread Layoffs Leave Med Tech Shaky
Sizable layoffs this year from the likes of Medtronic, Boston Scientific, and Abbott Vascular, among others, have undeniably rattled the medical device industry Continue reading
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