ADP Canada National Employment Report: Employment in Canada Decreased by 205,400 Jobs in August 2020

The MarketWatch News Department was not involved in the creation of this content.

TORONTO, Sep. 17, 2020 (Canada NewsWire via COMTEX) —
Employment in Canada decreased by 205,400 jobs from July to August according to the August ADP(®) Canada National Employment Report. Broadly distributed to the public each month, free of charge, the ADP Canada National Employment Report is produced by the ADP Research Institute(®). The report, which is derived from actual ADP payroll data, measures the change in total nonfarm payroll employment each month on a seasonally-adjusted basis.

August 2020 Report Highlights*

Total Canada Nonfarm Payroll Employment(1): -205,400

Industry Snapshot:

– Goods Producing:

    --  Manufacturing - 39,000
    --  Construction - 86,200
    --  Natural Resources and Mining - 1,300


– Service Providing:

    --  Trade/Transportation and Utilities - 49,500
    --  Information - 2,500
    --  Finance/Real Estate 3,000
    --  Professional/Business Services - 29,100
        - Professional/Technical - 18,400
        - Management of Companies - 
Read More

Cornerstone Report on Skills Development Reveals Significant Confidence Gap Between Businesses and Their People

TipRanks

3 “Strong Buy” Healthcare Stocks With Major Catalysts Approaching

Reflecting the ultimate risk and reward, healthcare stocks are capable of delivering big returns at what feels like the drop of a hat, but investors need to be prepared for big risk, too.Unlike companies in other sectors, the survival of many healthcare players, especially when they are in the early stages, hinges on only clinical trials of their therapies or products in development and regulatory rulings, with updates on either front acting as catalysts that can send shares in either direction.So, any piece of good news can propel shares to sky-high levels. Disappointing outcomes, however, can send investors running for the hills.Given the inherently volatile nature of the space, due diligence is necessary before making investment decisions. That’s where the Wall Street pros can lend a hand, as they know the ins and outs of the industry.Bearing this in mind,

Read More

New Hampshire’s School Funding System Fails Students, Taxpayers: Report

By GARRY RAYNO, InDepthNH.org

CONCORD, NH — The state’s current system is inequitable for both students and taxpayers, according to a recent report discussed Thursday by the New Hampshire Commission to Study School Funding.

The report by the American Institutes for Research found what many proponents of changing the current system have maintained: the education students receive in New Hampshire depends on where they live and that poorer communities pay higher tax rates for less educational resources resulting in lower student outcomes.

“New Hampshire’s current system of funding is not working for large segments of New Hampshire’s students and taxpayers. Specifically, communities with higher poverty rates and lower property wealth are doubly penalized under New Hampshire’s current system,” the report concluded. “Students in these communities, on average, receive fewer resources in the form of funding than students in wealthier communities.”

Commission chairman Rep. David Luneau, D-Hopkinton, said the findings “point

Read More

How to Get a Free Credit Report

When it comes to your personal finances, knowing about your credit profile is extremely important. It can determine whether you’re accepted for a home loan, an auto loan, a credit card, rentals, insurance policies or even jobs. Luckily, it’s now easy to get a copy of your credit report. Due to the economic effects of COVID-19, every American is entitled to at least one free copy of their report from each of the three major credit bureaus every month through April 2021. Even if you’ve already used up your free report, there are other ways to stay up to date on your credit profile.

Do you need help fixing your credit or consolidating debt? Speak with a local financial advisor today.

How to Access Your Credit Report for Free

Traditionally, every American is able to request one free credit report annually from each of the three major credit bureaus: Equifax,

Read More

State school funding formula too generous to wealthy districts, report says

“This research and analysis shows that there’s a massive scale of inequity that’s baked into the current state aid formula,” Ed Lambert, executive director of the business alliance, said in a phone interview.

Lambert said the formula was intended to put more money into needy districts to help offset limited local funding and “fulfill the constitutional requirement to make sure that all students were getting access to a high-quality education.”

“Over time what has happened, and what the report points out, is that additions and/or changes have been made … to expand parts of the formula in ways that allowed all communities to benefit, whether they had the capacity to fund education on their own or not,” Lambert said.

State Representative Alice Peisch, co-chairwoman of the Legislature’s Joint Committee on Education, said in a phone interview Sunday that “at the end of the day, the overwhelming majority of the funds

Read More

Online Education Market in India 2019-2024, 2020 Report on the $14.33 Billion Industry

The “Online Education Market in India 2020-2024” report has been added to ResearchAndMarkets.com’s offering.

Online Education Market in India 2020-2024

The online education market in India is poised to grow by $ 14.33 bn during 2020-2024 progressing at a CAGR of 21% during the forecast period.

The reports on online education market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current India market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased penetration of Internet and smartphones in India, skill development and employment and government initiatives toward digitization in education. In addition, increased penetration of Internet and smartphones in India is anticipated to boost the growth of the market as well.

This study identifies the emergence of cloud

Read More

Amazon Hiring For 4,400 Jobs In Maryland: Report

BALTIMORE, MD — Amazon is hiring, and Maryland is among 15 states where the company says it has added the most jobs recently. The online giant announced this month it is hiring 100,000 people as it expects an increase in business as the coronavirus pandemic continues.

“We are opening 100 buildings this month alone across new fulfillment and sortation centers, delivery stations and other sites,” Dave Clark, Amazon’s senior vice president of worldwide operations, said in a statement Monday morning.

After Amazon postponed its popular Prime Day from July to October, the company anticipates an uptick in business that will keep employees busy.

The 100,000 new associates will make at least $15 per hour, Clark said, and be trained to provide safe and efficient service.

Up to 4,400 Amazon jobs will need to be filled in Maryland, the Baltimore Sun reported.

“Amazon’s continued investment in the state of Maryland has

Read More

Report: Nearly $500 Million Of Needs-Blind School Funding Goes To Wealthiest 20% Of Mass. Districts

With economic uncertainty threatening promised state funding for public schools, an education advocacy group comprised of dozens of Massachusetts businesses on Monday recommended changes to the state’s district funding formula.

The group, Massachusetts Business Alliance for Education (MBAE), released a report that found that almost $500 million of needs-blind state aid goes to the wealthiest 20% of school districts under the current formula.

MBAE leaders argued a gradual rollback of certain needs-blind funding provisions for the state’s wealthiest districts could alleviate some now starker financial realities for poor districts in the pandemic. They said districts that struggled long before the coronavirus, like Lawrence and Brockton, would benefit.

Since last year, many districts were anticipating significant boosts in state funding following the passage of the Student Opportunity Act. That legislation was slated to add $1.5 billion to the public education system annually after a seven-year rollout. But the recession spurred on

Read More

Massachusetts’ wealthiest school districts would get nearly $500 million in state funding regardless of need, report says

Massachusetts Gov. Charlie Baker’s proposed fiscal 2021 budget gives the wealthiest 20% of school districts $498 million in funding at the expense of low-income districts due to factors that have nothing to do with need, according to an analysis by the Massachusetts Business Alliance for Education and the Greater Boston Chamber of Commerce.

The report, published Monday, questions “needs-blind” factors in the state’s education budget that get the wealthiest school districts hundreds of millions in Chapter 70 funding even though they can afford to operate with less or even no state aid. The report argues budget writers should redirect money from those funding sources to reduce the wealth gap between the wealthiest school districts and their less affluent counterparts.

“In this era of limited resources and with the spotlight on equity, we think this is exactly the right time to focus on equity and get the kids who need the

Read More

4 million jobs added to Nepal’s economy in past decade, a report says

Kathmandu, Sept. 11 — Nepal’s economy added nearly four million jobs over the past decade, and average job quality increased significantly, according to the World Bank’s Nepal Jobs Diagnostic report released on Thursday. This is because Nepal’s economy has been gradually shifting from largely subsistence agriculture to more modern industry and services.

By 2018, there were 3.8 million wage jobs in Nepal, and another 2.8 million Nepalis were employed in wage jobs in other countries, the report said. Of the total jobs added to the economy since 2008, nearly half were wage jobs.

Most international migrants are male, two-thirds are under age 35, and 85 percent have less than a secondary education. International migrants earn much higher wages than their counterparts at home despite the mostly unskilled nature of the work.

External migration acts as a pressure valve by accommodating excess male labour supply but does not provide a viable

Read More