The UK’s jobs surge of recent years should not be underestimated, just because it’s old news. With unemployment hovering just above 4 per cent all year it’s easy to forget that as recently as 2016 the Office for Budget Responsibility thought 5.5 per cent was as low as we could sustainably go. We live and … Continue reading
The New Year is almost here and you might be exploring the idea of a new role that’s completely different from your current one. To help you jump start your search, and give you an idea of what’s on the horizon for the U.S. job market, we’ve identified the fastest-growing jobs and the skills that … Continue reading
À l’instar d’autres pays industrialisés, le Canada fait face au vieillissement de la population — une tendance prolongée qui se traduit par le recours continu du pays à l’immigration pour maintenir et promouvoir sa croissance démographique et économique. Cette tendance se manifeste aussi dans le marché du travail, puisque la croissance de l’emploi provient essentiellement de deux … Continue reading
The longest expansion in our history lasted ten years (March 1991 to March 2001), and the current one will match that milestone in mid-2019. This expansion was already in its eighth year when Trump took office; and as I’ve noted here and elsewhere, all business cycles eventually expire from old age unless they are struck … Continue reading
This requirement for transparency has led to some major embarrassments for UK companies. The bank JP Morgan, for instance, reported a 54 per cent median pay gap. But it also sparked a wider push, both within firms and across business, to identify the causes of – and possible solutions to – Britain’s ongoing gender pay … Continue reading
The big picture: There were 12.8 million manufacturing jobs as of October, up from the 11.4 million in March 2010, the nadir of the financial crash, according to the St. Louis Fed. But they are still a shadow of their modern 19.4 million-job peak in 1979, and right about where they were in October 1941, … Continue reading
Millions of people across the world will have to make the transition toward becoming a great deal better versed in soft skills. But that’s far from easy. The paradox is that while we understand a lot about how to develop the “hard skills” of analysis, decision-making, and analytical judgment, we know a great deal less … Continue reading
The Global Teacher Status Index is based on in-depth opinion by Populus in 35 countries that explores the attitudes on issues ranging from what is a fair salary for teachers to whether they think pupils respect teachers to how highly people rank their own education system. There have been many international comparisons in education, but this the … Continue reading
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor market dynamics. A new IZA Discussion Paper by Benjamin Hartung, Philip Jung and Moritz Kuhn revisits this old question studying the German Hartz reforms. The study traces the German labor market miracle back to the reform of … Continue reading
The IMD World Talent Ranking is based on countries’ performance in three main categories — investment and development, appeal and readiness. The three categories assess how countries perform in a wide range of areas. These include education, apprenticeships, workplace training, language skills, cost of living, quality of life, remuneration and tax rates. Hard data and responses to the IMD … Continue reading
About seven-in-ten U.S. parents younger than 50 (71%) say it’s unlikely they will have more children in the future – and among childless adults in the same age group, about four-in-ten (37%) say they don’t ever expect to become parents, according to a Pew Research Center survey conducted in July and August. Among parents under … Continue reading
Faced with absorbing vast numbers of asylum seekers who headed to Europe during the 2015-16 migration crisis and the ongoing arrival of much smaller, but steady flows of Central Americans at the U.S.-Mexico border, EU Member States and the United States in 2018 took or explored steps to narrow asylum and harden policies. Some moves, … Continue reading
A range of sensible policies at the federal and state levels can help limit worker risks of displacement and support adjustments when such displacements occur. Education for 21st century skills For instance, students at all levels of education will need better preparation in what are often called “21st century skills.” These include communication and a … Continue reading
The number of refugees resettled in the U.S. decreased more than in any other country in 2017. That year the U.S. resettled 33,000 refugees, the lowest total since the two years after the terrorist attacks of Sept. 11, 2001, and a steep drop from 2016. Non-U.S. countries resettled more than twice as many refugees as the … Continue reading
Developing learning progressions involves defining and conceptualizing the skills from a monitoring growth perspective, based in both theoretical and empirical work. The demand for understanding the growth of skills presents a perfect example where a general approach to monitoring growth, rather than the acquisition of skill, can be applied. It is not enough to understand … Continue reading