CareerWise is always on the lookout for the latest reports related to career development. Here are four reports that we found interesting this week:
Employment rose by 246,000 (1.4%) in August, compared with 419,000 (2.4%) in July. Combined with gains of 1.2 million in May and June, this brought employment to within 1.1 million (-5.7%) of its pre-COVID February level.
Overqualification among immigrants remains relevant in the context of the COVID-19 pandemic. In terms of job losses, the pandemic has had a greater impact on immigrants, particularly recent immigrants. The latter, who often work in sectors that have been hardest hit by the pandemic (retail, accommodation and food services), are among the subgroups most likely to be overqualified.
This study reports on the trends in labour mobility — the likelihood of starting a new job — and job stability — the likelihood that a job will continue for a prescribed length of time — of Canadian men and women aged 20 to 54. The paper shows that the profile of new hires mostly reflects traditional occupations held by men and women. Contrary to the perception that women have weaker ties to their job, this paper shows that women are just as likely to hold onto their job as men.
Labour productivity of Canadian businesses rose strongly (9.8%) in the second quarter, while hours worked fell at a much faster pace than business output. This labour productivity increase was much higher than the previous record growth of 4.5% in the first quarter – in which the first lockdown measures were imposed, in mid-March.
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