October 2016 U.S. employment update and outlookJLL
While September saw relatively average job growth, market fundamentals are steady and momentum remains as wage growth rose once again and consumer confidence continued its rise.
September 2016 U.S. employment update and outlookJLL
Despite employment growth in August falling below expectations, the overall U.S. unemployment rate held steady at 4.9 percent as growth in the workforce aligned with employment gains.
November 2016 U.S. employment update and outlookJLL
October's 161,000 net new jobs missed expectations, but unemployment still dropped to 4.9 percent, as signs point to a potential interest rate hike in December.
Análisis de la progresiva recuperación de los mercados internacionales de la perspectiva del empleo, la económica y el nivel de productividad de las empresas.
U.S. MarketBeats provide an overview of quarterly CRE activity and trends, a snapshot of current economic and capital market conditions as well as market-level statistics on key metrics.
The U.S. economy in 2016 was characterized by steady growth in the face of uncertainty. The year began with steep declines in global equity markets in response to concerns about a slowdown in China, the Europe replaced Asia as the focal point of global anxiety after the Brexit vote. In the fourth quarter, the U.S. unexpectedly elected Donald Trump as President. Despite uncertainty, the economy continued to add an average of 180,000 jobs per month during 2016.
The South African economy moved into its eighth recession since 1961 with the decrease of 0,7% in GDP during the first quarter of 2017, following a 0,3% fall in the fourth quarter of 2016.
Read more here: http://www.statssa.gov.za/?p=9989
July saw the labor market add 157,000 net new jobs, slower than growth in recent months but still positive and healthy overall. A 13,000-job contraction in government employment, combined with a 5,000 financial activities jobs lost in net terms, were partially responsible for this slowdown. At the same time, sustained talent shortages across markets continue to keep growth more volatile than normal.
October 2016 U.S. employment update and outlookJLL
While September saw relatively average job growth, market fundamentals are steady and momentum remains as wage growth rose once again and consumer confidence continued its rise.
September 2016 U.S. employment update and outlookJLL
Despite employment growth in August falling below expectations, the overall U.S. unemployment rate held steady at 4.9 percent as growth in the workforce aligned with employment gains.
November 2016 U.S. employment update and outlookJLL
October's 161,000 net new jobs missed expectations, but unemployment still dropped to 4.9 percent, as signs point to a potential interest rate hike in December.
Análisis de la progresiva recuperación de los mercados internacionales de la perspectiva del empleo, la económica y el nivel de productividad de las empresas.
U.S. MarketBeats provide an overview of quarterly CRE activity and trends, a snapshot of current economic and capital market conditions as well as market-level statistics on key metrics.
The U.S. economy in 2016 was characterized by steady growth in the face of uncertainty. The year began with steep declines in global equity markets in response to concerns about a slowdown in China, the Europe replaced Asia as the focal point of global anxiety after the Brexit vote. In the fourth quarter, the U.S. unexpectedly elected Donald Trump as President. Despite uncertainty, the economy continued to add an average of 180,000 jobs per month during 2016.
The South African economy moved into its eighth recession since 1961 with the decrease of 0,7% in GDP during the first quarter of 2017, following a 0,3% fall in the fourth quarter of 2016.
Read more here: http://www.statssa.gov.za/?p=9989
July saw the labor market add 157,000 net new jobs, slower than growth in recent months but still positive and healthy overall. A 13,000-job contraction in government employment, combined with a 5,000 financial activities jobs lost in net terms, were partially responsible for this slowdown. At the same time, sustained talent shortages across markets continue to keep growth more volatile than normal.
February 2016 U.S. employment update and outlook JLL
The labor market recorded a soft opening to 2016, adding only 151,000 new jobs, although unemployment fell below 5.0 percent for the first time since 2008.
Northern Ireland Labour Market Slide Pack - December 2013Richard Ramsey
A PowerPoint slide pack highlighting Northern Ireland's labour market trends is attached for your information. It follows last week's Quarterly Employment Survey which revealed that Northern Ireland posted its 7th successive quarterly rise in employment with all sectors of the economy recording positive growth. It is noted that Northern Ireland has now recouped over one-quarter of the jobs lost during the downturn. Furthermore, last week it was also revealed that NI's unemployment register, or claimant count, fell for the 10th consecutive month in November. The slide pack includes NI v UK employment performance by sector and analysis of full-time & part-time employment trends. The table of contents and a few pertinent charts are also highlighted below.
U.S. employment update and outlook: January 2015 JLL
December recorded yet another strong month of employment growth. 252,000 net new jobs were added to the national economy, and unemployment dropped by an additional 20 basis points to 5.6 percent.
As a result, roughly 3.0 million jobs have been created over the course of 2014, and we expect this momentum to increase as we start off 2015.
See more economic, office and real estate research at http://bit.ly/1x52B8B
May’s 223,000 net new jobs represented the 91st consecutive month of growth, further extending an already unprecedented expansionary cycle. Since early 2017, the change in employment compared to the previous cycle has been higher than growth in the civilian labor force, leading to rapid declines in unemployment, which now stands at just 3.8%. With the economy showing no meaningful signs of slowdown and inflation rising under the pressure of sustained output growth, the Federal Reserve is on track to continue its program of tightening over the coming quarters.
The 313,000 net new jobs created in February represented the highest monthly level of job creation since mid-2016.
Growth was found throughout the labor market, with goods-producing sectors such as construction, retail and manufacturing in particular holding firm and, in the case of retail trade, rebounding after months of losses.
Gains were also possible as a result of a sharp increase in labor-force expansion, which boosted labor force participation and kept unemployment at 4.1 percent rather than declining further.
This presentation will discuss the employment and job market for Canada. The following are the areas of focus:
1. Manufacturing
2. Natural Resources
3. Retail and Wholesale Trade
4. Government jobs
5. Economic Growth
6. Infrastructure Spending
7. Social program spending
8. Power Generation
9. Economic Stimulus
10. Capital Investment
November 2015 U.S. employment update and outlookJLL
October saw the labor market return to form after a two-month slowdown, adding 271,000 net new jobs across industries, in turn bringing down unemployment to 5 percent, the lowest rate seen during the recovery so far.
Notable over the past few months has been a rise in wages in an otherwise low-inflation environment, which will boost the personal expenditures component of GDP in the coming quarters.
September 2018 U.S. employment update and outlookJLL
With 201,000 net new jobs, August 2018 rebounded after a slower July 2018, aided by growth in a variety of sectors, most notably a resurgence in transportation, warehousing and wholesale trade.
Total nonfarm payroll employment increased by 128,000 jobs in October. Job growth has averaged 167,000 per month thus far in 2019, compared with an average monthly gain of 223,000 in 2018. Employment declined in motor vehicles and parts manufacturing due to strike activity. Federal government employment was also down, reflecting a drop in the number of temporary jobs for the 2020 Census.
U.S. employment update and outlook: October 2014JLL
Unemployment dips to 5.9 percent in September—its first time below 6.0 percent during the recovery.
The U.S. economy got back on track in September, bouncing back from a sluggish August with 248,000 net new jobs. Growth occurred across sectors and geographies, with office-using industries in particular benefiting from improved corporate confidence leading to permanent hiring.
Total unemployment, which includes discouraged and marginally detached workers, also declined slightly to 11.8 percent, bringing it below the 10-year average.
With numerous other employment metrics all pointing up—including job openings, voluntary quits and CEO confidence—sentiment will only become more optimistic over the coming months.
See more real estate and economic research at: http://bit.ly/1vIGt6m
The study examines the factors underlying the jobless and wageless recovery in the Nigerian
economy. The study administered questionnaire to elicit information in randomly selected states in the six geopolitical
zones namely: Abuja, Bauchi,
This presentation will discuss Canada Labour Market Trends for July 2016. The presentation will look at wages, job openings, job creation, job losses and key government policies,
Caution: The presentation also provides details by month. It is important to look at the overall trends and not just one month.
Summary
Employment by Sector
Job Creation Target for 2016
BM Analysis/Comments Employment
BMO/Urbanized areas employment
Key Quotes/Bloomberg
Labour Rates
April’s 211,000 net new jobs were a return to the more robust growth rates seen over the past two years, although March figures were revised down once again to 79,000 jobs. Unemployment fell by 10 basis points to another cyclical low of 4.4 percent in April.
Network Marketing are delighted to be working with this International Digital Marketing agency who are now on the hunt for a superb Head of SEO to spearhead an exciting time for the agency.
Network Marketing are delighted to be working with this Digital Marketing agency in Central Manchester, who are looking for a Head of Outreach to lead the agency forward in terms of its outreach offering. This is an agency which is really on a steep upwards growth curve and is looking for a leader to take the agency's outreach services forward.
Want to move your career forward? Looking to build your leadership skills while helping others learn, grow, and improve their skills? Seeking someone who can guide you in achieving these goals?
You can accomplish this through a mentoring partnership. Learn more about the PMISSC Mentoring Program, where you’ll discover the incredible benefits of becoming a mentor or mentee. This program is designed to foster professional growth, enhance skills, and build a strong network within the project management community. Whether you're looking to share your expertise or seeking guidance to advance your career, the PMI Mentoring Program offers valuable opportunities for personal and professional development.
Watch this to learn:
* Overview of the PMISSC Mentoring Program: Mission, vision, and objectives.
* Benefits for Volunteer Mentors: Professional development, networking, personal satisfaction, and recognition.
* Advantages for Mentees: Career advancement, skill development, networking, and confidence building.
* Program Structure and Expectations: Mentor-mentee matching process, program phases, and time commitment.
* Success Stories and Testimonials: Inspiring examples from past participants.
* How to Get Involved: Steps to participate and resources available for support throughout the program.
Learn how you can make a difference in the project management community and take the next step in your professional journey.
About Hector Del Castillo
Hector is VP of Professional Development at the PMI Silver Spring Chapter, and CEO of Bold PM. He's a mid-market growth product executive and changemaker. He works with mid-market product-driven software executives to solve their biggest growth problems. He scales product growth, optimizes ops and builds loyal customers. He has reduced customer churn 33%, and boosted sales 47% for clients. He makes a significant impact by building and launching world-changing AI-powered products. If you're looking for an engaging and inspiring speaker to spark creativity and innovation within your organization, set up an appointment to discuss your specific needs and identify a suitable topic to inspire your audience at your next corporate conference, symposium, executive summit, or planning retreat.
About PMI Silver Spring Chapter
We are a branch of the Project Management Institute. We offer a platform for project management professionals in Silver Spring, MD, and the DC/Baltimore metro area. Monthly meetings facilitate networking, knowledge sharing, and professional development. For event details, visit pmissc.org.
1. LABOUR MARKET UPDATE
JANUARY 2016
EMPLOYMENT RISES, BUT WAGE GROWTH WEAKENS
Today’s data revealed a strong rise in the number of
people in work as well as a fall in unemployment,
demonstrating that the labour market continues to be a
bright spot for the UK economy.
In fact, the rise in employment was the largest in around
18 months while unemployment declined amongst people
who had been looking for work for both shorter and longer
periods of time. Youth unemployment also fell.
The picture on pay however is more mixed. The rate at
which average weekly earnings are increasing in the
private sector slowed further this month, continuing a
recent trend. Boosting productivity is key to turning this
around. This is particularly important as inflation, which
impacts on peoples’ purchasing power at the till, is likely
to pick up gradually this year.
Strong rise in the number of people in work...
Data out today show that the number of people in work
has risen once again.
The number of people in work increased by 267,000 in
the three months to November, the largest rise in
around 18 months (Exhibit 1).
At the same time, the employment rate edged up a little
further to 74.0%.
The rise in employment was due to an increase in the
number of people working for a business as well as an
increase self-employment. In the three months to
November, the number of employees increased by
160,000, while the number of people choosing to work
for themselves rose by 121,000.
The majority (70%) of people taking up employment in
the three months to November, whether with a
business or working for themselves, entered into full-
time roles.
Demand for new recruits looks set to continue in the
immediate future according to provisional data on the
number of job vacancies for which businesses are
actively seeking recruits from outside their organisation.
In the final quarter of 2015, the number of vacancies
increased by 13,000 to reach 756,000, the highest
level since records began.
The key question however, is whether those people
looking for work have skill sets that are well matched to
the vacancies that businesses are recruiting for.
Headline figures Rate Number
(000s)
Change on quarter in 000s
(% change)
Change on year in 000s
(% change)
Employment* (ILO) 74.0% 31,389 267 (0.9%) 588 (1.9%)
Unemployment** (ILO) 5.1% 1,675 -99 (-5.6%) -239 (-12.5%)
Youth unemployment (16-24) 13.7% 628 -56 (-8.2%) -136 (-17.8%)
Source: ONS 2015, January labour market statistics, Sept to Nov 2015 data *Rate for those aged 16-64 **Rate for those aged 16 and over
Exhibit 1 UK employment (000s)
Source: ONS 2015, January labour market statistics
30,000
30,200
30,400
30,600
30,800
31,000
31,200
31,400
Sep-Nov13
Nov-Jan14
Jan-Mar14
Mar-May14
May-Jul14
Jul-Sep14
Sep-Nov14
Nov-Jan15
Jan-Mar15
Mar-May15
May-Jul15
Jul-Sep15
Sep-Nov15
2. 2
...alongside a fall in unemployment
Continuing the good news story, as UK employment rose,
unemployment fell.
The number of people unemployed in the UK fell by
99,000 in the three months to November. As Exhibit 2
shows, this means that 1.68 million people are now out
of work and looking for work.
The unemployment rate fell back to 5.1%, which was
slightly lower than most people had expected (5.2%).
Positively, the unemployment rate is now a touch lower
than just before the crisis began (5.2%), and is the
lowest since early 2006.
Delving a little deeper, the data released today reveal that
unemployment has fallen for people who had been looking
for work for both shorter and longer periods of time.
In the three months to November, short term
unemployment (out of work and looking for work for up
to six months) fell by 28,000.
Medium term unemployment (those unemployed for over
six months and up to 12 months) fell by 33,000.
The number of long term unemployed (over 12 months),
who are generally considered to be the furthest away
from the labour market, fell by 38,000.
Young people benefit from a healthy labour
market
Today’s data also show that young people have been
benefiting from the strength of the UK’s labour market.
In the three months to November, the number of
unemployed 16 to 24 year olds fell by 56,000.
Encouragingly, 66% of the decrease in the number of
young unemployed people was due to a fall in those not
in full-time education. The remaining third that found
employment were in full-time education and therefore
took up part-time work.
As Exhibit 3 shows, the youth unemployment rate also
fell back to 13.7%, down from 14.8% in the previous
quarter.
Employment rose in three quarters of nations
and regions...
The healthy rise in UK employment was shared across
three quarters of nations and regions (Exhibit 4 overleaf).
The north west saw the largest increase in employment
in the three months to November (+86,000) although the
south east (+58,000) and north east (+38,000) also made
impressive gains.
In Yorkshire and Humber, the West Midlands (both
+23,000) and Scotland (21,000) growth in employment,
while a little more modest, was still significant.
Employment also rose in London (+17,000), Northern
Ireland (+13,000) and the East of England (+10,000).
In contrast, the number of people in work remained more
or less unchanged in the south west (+3,000) but fell in
Wales (-4,000) and the East Midlands (-22,000).
…with a similarly widespread fall in
unemployment
The rise in employment across most regions and nations
was accompanied by a similarly widespread fall in
unemployment.
In the three months to November, the south east was the
region that saw the most substantial fall in
unemployment (-20,000), followed closely by Scotland
Exhibit 2 UK unemployment (000s)
Source: ONS 2015, January labour market statistics
1,600
1,800
2,000
2,200
2,400
Sep-Nov13
Nov-Jan14
Jan-Mar14
Mar-May14
May-Jul14
Jul-Sep14
Sep-Nov14
Nov-Jan15
Jan-Mar15
Mar-May15
May-Jul15
Jul-Sep15
Sep-Nov15
Exhibit 3 UK youth unemployment rate (%)
Source: ONS 2015, January labour market statistics
12
13
14
15
16
17
18
19
20
21
Sep-Nov13
Nov-Jan14
Jan-Mar14
Mar-May14
May-Jul14
Jul-Sep14
Sep-Nov14
Nov-Jan15
Jan-Mar15
Mar-May15
May-Jul15
Jul-Sep15
Sep-Nov15