Dawn Standerwick, Vice President of Strategic
Growth at Employment Screening Resources ® (ESR), is the outgoing Chair of the National Association of Professional Background Screeners (NAPBS ®) Board of Directors for the 2016 - 2017 term.
«We were very pleased to see that the majority of employers are doing background checks,» commented Dawn Standerwick, Chair of the NAPBS Board of Directors for the 2016 - 17 term and Vice President of Strategic
Growth at Employment Screening Resources (ESR).
Not exact matches
That suggests ongoing job
growth in an economy many regard as near full
employment, with the jobless rate
at a 17 - year low of 4.1 percent.
At the same time, the city has a high rate of income inequality, slow
employment growth, high levels of car crashes and crime, and low levels of Medicare enrollment.
An index of small business
employment growth inched up as Main Street America added jobs
at a steady pace this month.
The majority of Canadians fall into
at least one of the groups with slow
employment growth (women, people under age 55, those living outside of Alberta and Saskatchewan, etc.), so it has been a rough 12 months for most of us.
The nation added 217,000 jobs in May to reach the milestone, though the unemployment rate remained unchanged last month
at 6.3 % and U.S.
employment still needs to catch up with the
growth of the population and labor force that has occurred since the recession began.
The New Orders Index increased 5.3 percentage points to 63 percent, and the
Employment Index decreased 2.2 percentage points to 50.5 percent, indicating growth in employment for the fourth consecutive month, but at a sl
Employment Index decreased 2.2 percentage points to 50.5 percent, indicating
growth in
employment for the fourth consecutive month, but at a sl
employment for the fourth consecutive month, but
at a slower rate.
Cohen is also
at the center of a huge debate unfolding right now about raising the minimum wage, and the low pay of service workers in the restaurant industry, where
employment has increased 72 percent since 1992, compared to job
growth of 22 percent in higher - paying private sector
employment over the same time period.
But with the country growing ever closer to full
employment and the economy finally seeing the kind of economic
growth that suggests a strong recovery, should we focus on the manufacturing sector
at all?
To build the list of Canada's 100 Best Jobs, we used data from Statistics Canada, including jobs that had experienced
employment growth over the past five years, had a minimum median salary of $ 60,000 and employed
at least 5,000 people.
For this list, we selected jobs with
at least 10,000 employed individuals and ranked them based on
employment growth between 2006 and 2011.
Using the most favourable set of assumptions of
employment growth at 0.75 % per year and wage
growth of only 1.51 % per year over 11 years, I find that the federal minimum wage proposal would only directly boost the wages of 52,361 individuals.
Barring an extraordinary pick up in private - sector job
growth then, interest rates will likely stay
at rock bottom until
employment in the government sector has normalized.
The ADP report hasn't been very useful in predicting the BLS report for any one month (see table
at bottom), but in general, this suggests
employment growth below expectations.
The economists Lawrence Katz and Alan Krueger looked
at the last decade of net new job
growth, and 94 percent of the net new jobs have been in forms of
employment where there are no healthcare benefits: freelancers, independent contractors, temporary workers.
According to Yamaguchi, «There is pressure for tightening from both the demand and supply sides, as the aging population dampens labor supply,
at the same time that it gives rise to labor demand for stable
growth in healthcare and social welfare
employment.»
Economic
growth has been falling since 2010 and the economy has been operating below its potential since then;
employment growth, particularly full time
employment growth has struggled; in 2014 only 121,000 jobs were created;
employment growth has not kept up with population
growth; labor force participation has declined to its lowest level since 2000; long - term unemployment has increased; the unemployment rate remains stuck
at just under 7 per cent, and youth unemployment is
at 14 per cent; business investment has stagnated; and Canadians are losing confidence in their economic future.
Part of this
growth is temporary, related to the measures in the Economic Action Plan, with the result that the
employment levels should decline once the stimulus measures terminate
at the end of 2011 - 12.
What Canada needs is a federal - provincial strategy aimed
at strengthening productivity
growth,
employment growth, and economic
growth.
A transfer of domestic demand from investment to consumption implies, in other words, that
employment growth can be maintained
at much lower levels of GDP
growth.
The top sectors expected to see
employment growth are leisure and hospitality, trade, transportation and utilities, according to the Center for Business and Policy Research
at the University of the Pacific.
The recognition that
growth /
employment outcomes were an important consideration for the central bank was initially seen as setting the RBA apart from other inflation - targeting central banks where the rhetoric (
at least) reinforced the primacy of price stability.
To quote page 20, â $ œafter a full adjustment takes place (
at least seven years), â $
employment will permanently be 100,000 higher than otherwise and revenue will permanently be $ 3 billion lower than otherwise (using Finance Canadaâ $ ™ s numbers without profit
growth).
If we can get to and stay
at full
employment, history shows that the benefits in terms of wage
growth will accrue most to those with the least bargaining power.
Because that large negative force is now essentially past, it is no longer masking the sources of strength that have been
at work elsewhere in the economy for some time, particularly the
growth in output and
employment that is being driven by our growing service sector.
Conversely, a return to an unemployment rate of even 6 % in 2024 would leave the
growth rate of
employment over the next 8 years
at less than 0.2 % annually.
The signal from our Recession Warning Composite
at that time was triggered by a shortfall in
employment growth (alternate condition 4 below) that was subsequently revised away, so the last signal on this composite in the revised data appears during the global financial crisis.
All the
growth has been in services and in the government sector, mainly
at the state and local level in the case of public
employment.
Looking
at the economy as a whole, the 2.5 % real GDP
growth observed in 2017 featured 1.2 - 1.4 %
growth in
employment (depending on whether one uses the household or establishment survey).
Growth in household disposable income picked up steadily over the past year, driven by solid employment growth, to be running at just under 6 per cent over the year to the June quarter, the highest rate of increase for almost three
Growth in household disposable income picked up steadily over the past year, driven by solid
employment growth, to be running at just under 6 per cent over the year to the June quarter, the highest rate of increase for almost three
growth, to be running
at just under 6 per cent over the year to the June quarter, the highest rate of increase for almost three years.
Also,
employment growth was continuing
at a modest to moderate pace, with labor tightness being experienced across many Districts.
Recall that yearly
employment growth peaked in 2015
at +2.1 %, dropping to +1.8 % in 2016 and +1.6 % in 2017.
Following a pick - up in the second half of 1999,
employment growth remained
at an above - average rate in the first half of 2000.
This strength in
employment is somewhat
at odds with the relatively weak rate of
growth indicated by the national accounts.
For example, weekly initial jobless claims are currently running
at around the 345,000 level, which in the past has been consistent with monthly
employment gains of around 150,000; the manufacturing ISM
employment index is
at a 20 - year high; and
growth in temporary - help services
employment (which tends to lead overall
employment) has picked up.
We have yet to see this play out — jobs
growth has been steady for 72 straight months, jobless claims have been falling and confidence in the labor market is
at a nine - year high — but the divergence between profits and
employment is something to keep an eye on.
Employment continued to grow
at a modest pace, with most districts reporting labor shortages, which were said to constrain
growth in some cases, the report said.
«
Employment grew
at the fastest pace since July 2014 over the last 3 months, with further
growth expected next quarter.»
European consumer confidence has held steady
at high levels and retail sales
growth has been solid, underpinned by improving
employment and total income
growth that reached a 3.7 % annual pace last month.
At the same time, however, hourly - wage
growth shows no sign that the labour market is approaching maximum
employment.
However, negative GDP
growth will not surface in regular government reporting until
at least next year, now that it is clear that Katrina's impact has been neutralized in official reporting, and that political manipulation of the GDP,
employment and CPI is rampant.Risks of the current circumstance evolving eventually into a hyperinflationary depression remain extraordinarily high.»
Among the evidence that would shift our expectations in this regard would be: material equity market deterioration, further weakness in regional Fed and purchasing managers indices, a slowing in real personal income, a spike in new claims for unemployment toward the 340,000 level, an abrupt drop in consumer confidence about 10 - 20 points below its 12 - month average, and
at least some amount of slowing in
employment growth and aggregate hours worked.
Actual
employment growth is stable
at a sluggish level but the unemployment rate is dropping like a rock.
It is quite possible for nominal wages to grow
at a pace which is consistent with meeting the inflation objective, but still fast enough to close off opportunities for strong
employment growth.
Payroll
employment growth has not exactly been gangbusters as of late and neither has headline GDP
growth — both perceptual Fed targets for improvement
at the outset of QE3.
Employment growth in the recent period has been concentrated in part - time jobs; full - time employment has been, at best, flat in recent months, even allowing for the prospect of some reversal of the large monthly fall recorded in March, and there has been little net gain in full - time jobs since October 1995 (
Employment growth in the recent period has been concentrated in part - time jobs; full - time
employment has been, at best, flat in recent months, even allowing for the prospect of some reversal of the large monthly fall recorded in March, and there has been little net gain in full - time jobs since October 1995 (
employment has been,
at best, flat in recent months, even allowing for the prospect of some reversal of the large monthly fall recorded in March, and there has been little net gain in full - time jobs since October 1995 (Graph 12).
Full - time
employment has been increasing
at around the same rate as the total over the past year, recovering from an earlier period of around 18 months without
growth.
A strong increase in the December quarter was only partly reversed in the March quarter, and vacancies remain
at a level which in the past has been consistent with solid
employment growth.
They also looked
at recent income
growth, local
employment trends, and other factors that contribute to overall market health.