Edmonton Economic Development Corporation

Here’s the game plan: raise starting pay, accelerate salary bumps to keep up with a young teacher’s rapid improvement in effectiveness, offer ways for teachers to take on additional responsibilities and thus make more money (like mentoring younger peers or taking on more students), and offer portable retirement benefits that allow people to build retirement wealth without signing on for a lifetime of teaching. Finance this all by allowing class sizes to rise modestly, maximizing smart uses of technology, and trimming the number of aides and specialists our schools employ.

Innovation Policy and Workplace Development in Finland – A Short Look at the Current Situation and a Possible Future

re-casting the speed-dating model to help skilled newcomers connect with potential employers and circumvent the usual barriers that accompany a resume filled with foreign work experience and education.

event is expected to include more than 100 newcomers looking for work in Canada and a similar number of executives and managers from 65 different companies. With four different rooms devoted to information technology, sales and marketing, engineering and finance

he biggest barrier to getting work in their field is their need to connect with people in their profession

Both SFMade and its New York cousin, Made in N.Y.C., are increasingly able to share success stories of how manufacturing has developed new models for doing business in the 21st century. The monolithic single-industry model has evolved as manufacturers see the benefits of being smaller and paying attention to how patterns of consumption, ownership and use are shifting.

“For decades we have developed a culture of disposability — from consumer goods to medical instruments and machine tools. To fuel economic growth, marketers replaced longevity with planned obsolescence — and our mastery of technology has given birth to ever-accelerating unplanned obsolescence. I think there is increasing awareness that this is no longer sustainable on the scale we have developed.”

“It’s not some cute cottage industry,” she says, referring to the prevailing tendency to view “local” as something generally limited to cupcakes, jam or “My Mom Went to _____ And All I Got Was This T-Shirt.” The “number one thing we do,” Sofis continues, “is facilitate new connections.”

Labour costs can’t be avoided Why are local labour markets key to containing inflation? When demand picks up in Alberta, imported goods can simply be ramped up as well. The cost of a Toyota didn’t change significantly in ’08, for instance. Conversely, the cost of a haircut, building a high-rise or an up-grader all increased substantially. High labour costs for non-tradable goods and services simply can’t be avoided.

We’re not yet at the point where the Alberta labour market is strained because  natural gas is still down and governments have cut back so the added activity can likely be accommodated without causing wages to spike. Unfortunately, that can change quickly. Thankfully, while confederacy doesn’t always lead to an optimal interest rate for western Canada, it does provide a pressure release valve through inter-provincial migration.

People relocate for a variety of reasons (family, education, etc.), but, typically, there are three main economic drivers: wages, cost of living and the unemployment rate, which are all linked to one another. For instance, what’s the point of having a higher average wage if it is entirely eaten up by higher living expenses, and wages might be higher in another province, but if they’re not hiring there’s not much point relocating.

This report examines the evidence from a wide range of international and Canadian research on "green" jobs and the economic impacts of climate policies. The report finds that Canada’s governments could create more jobs by implementing strong climate policies than by continuing with business as usual.

We told you before that research shows America's long-term unemployed citizens frequently end up depressed, dejected, and more unlikely to look for jobs as time drags on

My own research has documented the connection between a large-scale presence of the creative class of workers -- people who work in science and technology; business and management; arts, culture and entertainment; medicine and education -- and the prosperity of cities. But it's about more than prosperity. Once a certain threshold of income is met, our research finds, the work people do plays a substantial role in their happiness, over and above the effect of income at the national6, state7, and city8 levels. Our findings here reinforce and confirm this conclusion. There is a substantial positive correlation between city happiness and the share of creative class jobs (.5) and a significant negative one between well-being and the share of working class jobs (-.4).

composition of city job markets plays a considerable role in our sense of well-being as well.

cities with more blue-collar economies have been among the hardest hit by the economic crisis. Unemployment is high, incomes are lower.  Workers in these kinds of jobs have faced much greater trouble finding new jobs (the unemployment rate for production workers is 10 percent; for construction workers it tops 20 percent). Not only do these workers have skills and incomes which are tied to their specific jobs, many in these areas are trapped in underwater homes and unable to relocate to areas with more work and greater opportunity:  Hardly a recipe for happiness

The shift will enable the university to reduce infrastructure costs, which should lead to some broader cost savings (he noted that no positions would be lost) and some productivity gains, as the mundane task of managing email can now be removed.

The US economy did not have a conspicuous unemployment problem until the crisis of 2008 because the non-tradable sector absorbed the bulk of the expanding labor force. That pace of employment growth now appears unsustainable. Government and health care alone accounted for almost 40% of the net increment in employment in the entire economy from 1990 to 2008. Fiscal weakness, a resetting of real-estate values, and lower consumption all point to the potential for long-term structural unemployment.

Restoring elements of manufacturing competitiveness is hard. Once skilled labor, training programs, and technical institutions in specific industries are gone, it is difficult to get them back. Long-term policy should include an evolving assessment of competitive strength and employment potential across sectors and at all levels of human capital, with the goal of encouraging market outcomes that achieve social objectives.

Does higher productivity destroy jobs? Sometimes, but only in the very short term

We are optimistic about productivity because it isn’t only about efficiency; it is no less about expanding output through innovations that improve the performance, quality, or value of goods and services. What’s more, even productivity solely from efficiency gains can, in the aggregate, lead to higher employment if the cost savings are put back to work elsewhere in the economy. Companies can pass on those savings to their customers in the form of lower prices, leaving households and businesses with more money to spend elsewhere. They can also reinvest savings from more efficient operations in new job-creating activities.

The largest productivity gains since 2000 came from sectors that have seen substantial employment reductions (Exhibit 2). Computers and related electronics, the rest of manufacturing, and information sectors contributed around half of overall productivity growth since the turn of the century and reduced employment by almost 4.5 million jobs. More than 85 percent of them were lost even before the recession’s onset. The sectors that added the most employment during this period tended to be those with lower productivity—notably the health sector.