Job Market Monitor
wages
Amazon / Was President Obama right on its high-wage jobs ?
When President Obama delivered a major economic address over the summer, he did so from an Amazon distribution center in Chattanooga, Tenn, “a perfect example of the company that is investing in American workers and creating good, high-wage jobs” Continue reading
Poland / A country of cheap labour ?
That was the perception of a majority of CEOs of multinational corporations who were asked in a recent survey Continue reading
Sexual Activity and Wages / Those employees having sex more than four times a week receive highest wages
The outcomes suggested that wage returns to sexual activity are statistically significant higher for those between 26 and 50 years of age (I was afraid!) Continue reading
Fast-food workers in US / More than half are enrolled in one or more public programs
Nearly three-quarters (73 percent) of enrollments in America’s major public benefits programs are from working families. But many of them work in jobs that pay wages so low that their pay checks do not generate enough income to provide for life’s basic necessities Continue reading
California / Gender gap persists in most occupations
California men and women continue to largely segregate into different professions, the latest census figures show. Of the 100 most common occupations in California, only 20 have roughly an equal number of male and female workers, according to the data, which come via the state Department of Finance. Jobs typically done by men often pay … Continue reading
Bangladesh / 50,000 garment workers strike over ‘inhuman’ wages
Tens of thousands of garment workers have downed tools and taken to the streets to urge the government for an increase in the minimum salary Continue reading
US / What explains the yawning gap between jobs open and jobs filled?
Such a structural mismatch may well explain part of the gap, yet it seems unlikely that it explains most of it. A second explanation is that employers are offering jobs at wages that are too low to attract good applicants Continue reading
China / Growing competition pushes migrant worker pay growth down in 2012
The annual increase in pay for China’s 163 million migrant workers almost halved in 2012, an official survey showed on Monday, signaling a looser labor market as economic growth slows. The average monthly wage of migrant workers grew 11.8 percent in 2012 from the previous year to 2,290 yuan ($370). That marked a sharp slowdown … Continue reading
US / The Jobs Of The Future : The myths of the “knowledge economy” and high-paying jobs
We’re all talking about the “jobs of the future” and “winning the future” and transitioning to a “knowledge economy.” Since predictions are hard, especially about the future, it’s a good idea to look at some data. And it looks like we have some of it: the BLS has a handy chart of the fastest-growing jobs … Continue reading
China / Is This the End of Cheap Labor?
It’s been the lament of everyone for years now: Cheap Chinese labor is killing the job market. With lower wages and lax regulation, the giant sucking sound we heard was manufacturing jobs headed from Sheboygan to Shenzhen. But now China’s new found riches are starting to turn in on themselves in the form of much … Continue reading
India / 11.3% average pay hike expected in 2013
India Inc is expected to offer average salary increments of 11.3 per cent this fiscal and those working in sectors like pharmaceuticals, healthcare and life sciences are expected to get a hike of 13.1 per cent, a Deloitte survey says. According to the survey conducted by Deloitte India, Human Capital Advisory Services (HCAS), a part … Continue reading
China / 38.9 percent of working women dissatisfied with salaries
The Chinese Career Women Survey Report recently released by Career International－a leading one-stop recruitment solution provider in Asia, shows that 38.9 percent of working women surveyed are unhappy about their last pay rise and 59.9 percent intend to change jobs. Career International conducted a questionnaire survey on 1,700 people in February 2013, with women, mostly … Continue reading
China / What’s going on in its labor markets
Understanding unemployment and wage growth are crucial for understanding developments in the world’s second largest economy, not to mention the future price of everything from Nike sneakers to Apple iPhones. The official data is improving, with new information on migrant worker and private sector wages. But it remains scarce and in some cases unreliable, especially … Continue reading
US / Corporate Profits Doing Gooog, Not Workers
With the Dow Jones industrial average flirting with a record high, the split between American workers and the companies that employ them is widening and could worsen in the next few months as federal budget cuts take hold. That gulf helps explain why stock markets are thriving even as the economy is barely growing and … Continue reading
Psychology / Childhood ADHD reduces adult employment by 10-14 percentage points and earnings by a third study finds
“While several types of mental illness, including substance abuse disorders, have been linked with poor labor market outcomes, no current research has been able to examine the effects of childhood ADHD” writes Jason Fletcher in The Effects of Childhood ADHD on Adult Labor Market Outcomes. (Choosen excerpts by Job Market Monitor to follow) As ADHD has become … Continue reading
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