A Closer Look

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Gender Gap – Over time, women’s aspiration levels drop more than 60% while men’s stay the same

For the past five years, Bain & Company has studied how and why women’s career paths differ from men’s. We surveyed more than 1,000 men and women in the US at all career levels, asking specifically about their interest in pursuing a top management position (board, CEO level, and one or two levels below CEO) … Continue reading

Will technology replace the human workforce and destroy the psychological connection between humans and work ?

“Will technology (e.g., artificial intelligence and robots) replace the human workforce and destroy the psychological connection between humans and work in the process?” At present there is a lot of uncertainty surrounding the answers to this question  While some feel humans and machines are moving hand in hand towards a future of blissful symbiosis, there … Continue reading

Technology has been a great job-creating machine study finds

The battle between man and machines goes back centuries. Are they taking our jobs? Or are they merely easing our workload?  A study by economists at the consultancy Deloitte seeks to shed new light on the relationship between jobs and the rise of technology by trawling through census data for England and Wales going back … Continue reading

US – Higher education didn’t protect hispanic and black wealth study finds

College-educated families usually earn significantly higher incomes and accumulate more wealth than families headed by someone who does not have a four-year college degree. The income- and wealth-boosting effects of education apply within all racial and ethnic groups. Higher education may also help “protect” wealth, buffering families against major economic and financial shocks and mitigating … Continue reading

Addressing Youth Unemployment in Africa

At a flat rate of 11.9 per cent in 2012 and 2013 as reported by the International Labour Organisation, compared to the current global average of 13.1 per cent, Africa does not have high levels of youth unemployment. However due to the size of the continent, and different degrees of urbanisation and shifts in economic … Continue reading

Labor Force Participation in U.S. and Abroad – Charts

Despite the similar trends in youth, prime-age and pre-retirement participation rates, the U.S. is the only country in our sample experiencing a recent decline in the aggregate labor force participation rate. This is explained mostly by a larger-than-average drop in the labor force participation of prime-age males, a decrease in the participation of prime-age women … Continue reading

Downsizing – The folly of the traditional approaches

Traditional downsizing approaches suffer from several common pitfalls: Failing to factor in relative individual contributions: Blanket cuts often seem the fairest and simplest way to manage headcount reductions, but they often cut too deeply in hard-to-fill skillsets and too little in areas where skills are abundant. A better approach takes econometric and external talent pool … Continue reading

Eurozone – Why long-term unemployment is so high

Of the 19m jobless Europeans, more than half have not worked for the last year. And over 15% have not had a job for more than four years. Unsuprisingly, the problem is most severe in southern Europe where a protracted crisis pushed up overall unemployment, and with it long-term joblessness. But in contrast the number … Continue reading

Millennials in US – Less likely to be living independently of their families

Five years into the economic recovery, things are looking up for young adults in the U.S. labor market. Unemployment is down, full-time work is up and wages have modestly rebounded. But, according to a new Pew Research Center analysis of U.S. Census Bureau data, these improvements in the labor market have not led to more … Continue reading

Learning – 3 myths about the brain

Misconceptions about the brain are embedded in corporate training programs and could be sabotaging their effectiveness. Companies should reevaluate them in light of the latest scientific insights. Myth #1: The critical window of childhood Most of us have heard about critical learning periods—the first years of life, when the vast majority of the brain’s development … Continue reading

Apprenticeship – The benefits of employing older apprentices

The evidence firmly suggests those in later life want to continue working. A January YouGov poll showed that around half of non-retired over-50s want to still be working between the ages of 65 and 70, and only 15% of non-retired over-50s said they would want to stop work altogether between ages 60 and 65. “If … Continue reading

Immigration in Europe – It is old people everywhere who oppose immigration the most

The vast number of immigrants crossing the Mediterranean recently has been fueling anti-immigrant sentiment across Europe, adding even more challenges to the debate about immigration policies. The difficulty that surrounds agreement on immigration matters is also evident if we look at the current state of the European Union immigration policy; rather than a common policy, it is a collection … Continue reading

Employment Insurance (EI) in Canada – The current system is broken former chief actuary says

Only about 40 per cent of Canada’s 1.3 million unemployed people now receive benefits. And among those who do, the range of benefits given in the largest labour-market program in the country varies widely among regions. The current system is broken, said Michel Bédard, who co-wrote a paper to be released Thursday with economics professor … Continue reading

Vocational Education in US – Many still see it as something only low-income

Vocational education is changing, but many still see it as something only low-income, mostly minority students are pushed into and an option that upper class students and white students wouldn’t be encouraged to take. As academics and authors on national education trends point out, when our society devalues anything that isn’t academic prep work and … Continue reading

Gender Gap in US – The fields that women and man students choose during recessions

Graduating into a recession stunts the careers of the young men and women entering the labor market. But it turns out a lot of students don’t sit back and passively accept this outcome: Many students who see a recession during their early college years switch to majors with better job prospects. According to new research from Benjamin … Continue reading

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