Job Market Monitor
Michel Cournoyer
Productivity in Canada – Gone into reverse in the past five years
Not only has Canada’s productivity lagged the U.S. for decades, the trend has actually gone into reverse in the past five years. It is not news that Canada’s productivity performance is listless and lagging U.S. trends. That has been going on for decades. But what is news is that productivity has actually gone into reverse … Continue reading
Construction Skills Fund in UK – Did not meet its target for the proportion of ready participants finding sustained employment of at least three months
The Construction Skills Fund 2 (CSF2) was funded by the Department for Education (DfE) and administered and implemented by the Construction Industry Training Board (CITB). Funding of £7.5 million was awarded to 14 projects (hubs) to deliver training and job brokerage. Training activities took place between April 2020 and March 2021, with participants’ outcomes monitored … Continue reading
Careers Guidance in UK – Careers Leaders do not always have the time and capacity to effectively fulfil their role
The system of careers education, information, advice and guidance (CEIAG) has seen much change in recent years. Since responsibility for CEIAG was transferred to schools and colleges in 2012, the landscape has developed significantly, in particular with the introduction of the Gatsby benchmarks and the 2017 Careers Strategy. We appear to have reached a point … Continue reading
Population au Québec – La croissance annuelle de 2022 a été la plus élevée depuis que des données comparables sont disponibles, soit depuis 1972
Au 1er janvier 2023, la population du Québec est estimée à 8 787 600 personnes. Elle a augmenté de 149 900 personnes au cours de l’année 2022, ce qui correspond à un taux d’accroissement démographique de 17,2 pour mille. La croissance annuelle de 2022 est la plus élevée depuis que des données comparables sont disponibles, … Continue reading
Gallup-Amazon’s Careers of the Future Index – Information and perspective for career path
Gallup has partnered with Amazon Future Engineer, Amazon’s global philanthropic computer science education program, to create the Careers of the Future Index (CFI). The public database aims to provide young adults and their advisers with transparent and useful data about the economic prospects of careers in the United States, and to inform industry and other … Continue reading
Foundation Skills in Australia – Definitions
Foundation skills landscape There is clear consensus about the strong value of foundation skills. Multiple researchers have demonstrated the relationship between literacy and numeracy skills and positive outcomes for individuals, communities and the economy. A variety of terms have been used to describe foundation skills including core, generic, basic or enabling skills. Broadly speaking, they … Continue reading
Job Quality in OECD Countries – An improvement between 1997 and 2015 but both stressful work and hard work increased
The distribution of job quality across workers and the change in job quality over time can be measured by job-domain indices or single-index job-satisfaction. We have analysed the changes in job quality in OECD countries over a twenty-year period, where job quality is measured both via indices of a number of specific job characteristics and … Continue reading
AI – Has rapidly become a part of the cultural and business zeitgeist LinkedIn finds
The Future of Work Report: AI at Work, November 2023 uncovers the latest real-time trends we see around how AI is ushering a new world of work, grounded in LinkedIn’s unique labor market insights, based on one billion professionals and 67 million companies. Explore our latest findings and insights around: Professionals’ conversations and sentiments towards … Continue reading
Green Transition in EU – Climate policies will need to be accompanied by strong investments in skills policies
If countries are to achieve ambitious climate targets, climate policies will need to be accompanied by strong investments in skills policies. Skills policies, which comprise education and training policies targeted at both young people and adults, can play an essential role in ensuring that greening the economy does not lead to new forms of vulnerability. … Continue reading
Strategic Sectors in UK – How to situate a skills strategy in an economic strategy
Investing in human capital is a crucial aspect of building an economy that is both more productive and fairer, and any growth strategy must incorporate an agenda for increasing human capital and workforce skills within that. So how should we approach the task of developing a skills strategy that complements a broader economic strategy? In … Continue reading
World Populations on New Year’s Day (2024) – 4.3 births and 2.0 deaths are expected worldwide every second
As we wrap up 2023, the projected world population on Jan. 1, 2024, is 8,019,876,189, an increase of 75,162,541 (0.95%) from New Year’s Day 2023. During January 2024, 4.3 births and 2.0 deaths are expected worldwide every second. Chosen excerpts by Job Market Monitor. Read the whole story @ Census Bureau Projects U.S. and World … Continue reading
Minimum Wages in US – Twenty-two states will increase theirs on January 1 for nearly 10 million workers
On January 1, 22 states will increase their minimum wages, raising pay for an estimated 9.9 million workers. In total, workers will receive $6.95 billion in additional wages from state minimum wage increases. In addition, 38 cities and counties will increase their minimum wages on January 1 above their state’s wage floors, adding to the … Continue reading
Vies on Jobs in US – Most are highly satisfied with their relationship with their co-workers and manager, but relatively few feel the same about their pay, opportunities for promotion
In the wake of the Great Resignation and amid reports of “quiet quitting,” only about half of U.S. workers say they are extremely or very satisfied with their job overall, according to a new Pew Research Center survey. Even smaller shares express high levels of satisfaction with their opportunities for training and skills development, how … Continue reading
LinkedIn’s Global Green Skills Report 2023 – Share of green talent in the workforce rose by a median of 12.3% while the share of job postings requiring at least one green skill grew twice as quickly
The Global Green Skills Report 2023 identifies trends at the intersection of the workforce and sustainability, based on the activity of more than 930 million LinkedIn users worldwide. This report includes critical questions that policymakers, business leaders, and others might explore as they seek to develop regulations, programs, and policies that foster green skills development … Continue reading
Training in Australian Firms – A new definition of informal training which is comprehensible to employers and workers alike needed
This paper examines the use of informal training for workers, by Australian companies and other organisations. Using survey data, it reports the prevalence of informal training and also the utilisation of different types of informal training. Differences are found by employer size, particularly for the different types. By examining qualitative responses, it is found that … Continue reading
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