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China | Demography | Aging : the long-term implications
Canada and Europe are not alone in dealing with important demographic shifts. And worries about increasing recruitment problems, workforce shortages and skills gap are widespread. But there might be more critical situations. For instance, China is just beginning its huge demographic transition. In an article published on brookings.edu, Wan Feng qualifies China as a “demographic overachiever” and analyses … Continue reading
e-literacy | A key skill
The Horizon Report is an annual publication of the trends and technological for education. It is published by the New Media Consortium. According to the Report, “digital media literacy continues its rise in importance as a key skill in every discipline and profession.” It then identifies trends and critical challenges (quotes). Trends People expect to … Continue reading
Jobs | Industry | US : 10 Dying Industries
Toon Van Beeck has identified 10 key industries that will decline, even after the economy revives in Dying Industries, published by IBISWorld. Van Beeck recalls that “not every industry is performing well. Industries go through life cycles, and largely speaking, these are growth, maturity and decline.” Revenue 2010 ($ million) Decline 2000-10 (%) Forecast Decline 2010-16 … Continue reading
Technical and vocational education (TVE) | The what, the how much, the when & the who
Here are some statements extracted from a World Bank report by Arvil V. Adams entitled The Role of Youth Skills Development in the Transition to Work: A Global Review (2007) on commonly asked questions. A kind of reminder. Does TVE payoff? TVE does payoff under the right conditions. Evidence shows that TVE is more effective when focused … Continue reading
The effects of firm sponsored training for low skilled workers is very positive
“Very few papers exist that focus on firm sponsored training for low skilled workers” writes Ruud Gerards in his preliminary version of his paper. He uses “company data, which is especially rare considering the focus on low skilled workers. Second, they span up to 16 years of wage, job promotion and job performance information for … Continue reading
Employability : what does it mean ?
The Centre for Employment Studies Research – CESR’s Review present in its January issue (downloadable), Nick Wilton which deciphers for his reader the different meaning of employability. “The term ‘employability’ has gradually permeated the national consciousness, increasingly used across a variety of policy areas including higher education, social welfare and public finance. However, despite its … Continue reading
Recruiting | Europe | Social media cannot yet compete with existing recruitment channels
Social media are more and more used for recruitment. But some recruiters are still doubtful. The debate is hot. Hard facts are needed. StepStone recently carried out a survey to collect information and statistics about this increasingly popular use . The key findings (extracted from the report) Organisations use social media mainly for recruitment About … Continue reading
Vocational Certificates and College Degrees | The employment benefits – a reminder of old results
A research published in 1999 and funded in part by the U.S. Department of Education, compares the various credentials, their benefits in relation to employment, and their role in the lifelong learning patterns of career-focused individuals. Key points Studies verify that education beyond high school results in higher earnings. (a 5-15% rate of return in … Continue reading
U.S. | Jobs Act Get Mixed Reviews
JOBS Act Signed Into Law With Mixed Reviews Source: Think JOBS Act Means Wild West Is Back? Think Again – Business News – CNBC Any U.S. corporate executives who think they can use the Jobs Act’s relaxed rules for public listing to cut corners on accounting and disclosure may want to think again. The Act, … Continue reading
U.S. | Businesses add a disappointing 120,000 jobs in March
U.S. | BLS Commissioner’s Statement on the Employment Situation (Adapted excerpts by Lab Market Monitor) Nonfarm payroll employment rose by 120,000 in March, and the unemployment rate, at 8.2 percent, changed little. Over the prior 3 months, nonfarm job growth had averaged 246,000 per month. Since a recent low point in February 2010, payroll employment has … Continue reading
Unemployment Claims | Still Falling
In the week ending March 31, the advance figure for seasonally adjusted initial claims was 357,000, a decrease of 6,000 from the previous week’s revised figure of 363,000. The 4-week moving average was 361,750, a decrease of 4,250 from the previous week’s revised average of 366,000. The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week … Continue reading
Who loses in the Great Recession? Those groups who lost in the recessions of the 1980s
“The labor market decline during Great Recession and its aftermath has been both deeper and longer than the early 1980s recession—indeed, the longest and deepest since the Great Depression” write Hilary Hoynes, Douglas L. Miller, and Jessamyn Schaller in Who Suffers During Recessions? published on econ.ucdavis.edu. (Adapted excerpts by Job Market Monitor follow) The labor market effects of the Great … Continue reading
Low wage and income workers are both less likely to receive employer benefits and less likely to receive public benefits
“Three decades of stagnating earnings for bottom deciles of male wage earners and 1990s anti-poverty policies promoting employment among poor single mothers suggest increases in the ranks of low-wage breadwinners living in low-income households. Low-wage workers often get few employer sponsored benefits, while antipoverty programs target poor non-earners; these factors suggest low-wage and lowincome workers … Continue reading
JCPenney to cut 900 jobs
J.C. Penney Co Inc said on Thursday that it will cut about 900 jobs, including roughly 600 at its headquarters, as it trims costs and tries to start running its 110-year-old business more like a nimble start-up. The Plano, Texas-based retailer, which has already overhauled its pricing strategy under new chief executive Ron Johnson, said … Continue reading
UK | Vantec Europe to create 230 jobs
More than 200 jobs are to be created in Sunderland by a warehousing and logistics firm as part of a £22.5m investment. Vantec Europe is planning to invest in a 421,000 sq ft building at Turbine Business Park. The firm employs more than 800 people in the north-east of England and said it would create … Continue reading
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