Job Market Monitor
Michel Cournoyer
Career Choices in UK – Less than half of young people stay on at school after the age of 16
Insight into the data behind the educa onal and career choices that young people make at 16 and 18 Over 400,000 students in England’s mainstream schools and colleges nish A levels or equivalent quali cations every year. In this report we follow the routes they take from the age of 15 or 16 as they … Continue reading
Voluntary Turnover in US – It costs $1 Trillion per year and 52 percent of them think that something could have done
A trillion dollars. That’s what U.S. businesses are losing every year due to voluntary turnover. And the most astounding part is that most of this damage is self-inflicted. Here’s how it breaks down for an individual organization: The annual overall turnover rate in the U.S. in 2017 was 26.3%, based on the Bureau of Labor … Continue reading
Workplace Wellness – Employees who took part didn’t become healthier or more productive
Does your workplace provide incentives to attend the gym? Offer support to quit smoking? Mandate completing a health assessment? It seems that everywhere you turn, businesses are investing resources into trying to improve the health of their workers. Some of the largest drivers of high healthcare spending in the US are related to chronic diseases … Continue reading
The Future of Work – Only 29% of HR leaders strongly agree that their business executives prioritize human capital risks
In this year’s study, 73% of executives predict significant industry disruption in the next three years — up from 26% in 2018. This sharp shift in perception about the future business environment applies across geographies and industries, although it is most pronounced in the Life Sciences, Consumer Goods, and Energy sectors (Figure 1). More than … Continue reading
Vocational vs General Education in Apprenticeship – The life-cycle trade-off
This paper discusses the role of vocational education, and in particular apprenticeship education, in preparing students for the labor market, with a particular focus on a life-cycle perspective in changing economies. The basic idea is that vocational education may facilitate entry into the labor market but hurt employment opportunities later in life because of limited … Continue reading
VET in Europe, 2018 – A compilation by country with concise, clear and concrete pictures
Concise, clear and concrete pictures of countries’ vocational education and training systems: this is what the Cedefop Spotlight on VET series offers. Building on individual country Spotlights, this publication brings together the main features and data of VET in the EU, Iceland and Norway. While countries share goals and challenges, their VET systems are diverse, … Continue reading
Labour Force in Canada, Projections to 2036 – Expected to continue to increase, from 19.7 million in 2017 to 22.9 million in 2036
In this study, data from the Demosim microsimulation model are used to assess the labour force participation rate of Canadians in 2036 under various scenarios of population growth and participation rates by age. In addition, the article provides an overview of the ethnocultural characteristics of persons who will be in the labour force in 2036, … Continue reading
Automation and Ageing in Northern Ireland and Scotland – A successful skills system will need to be far more ambitious
A truly successful skills system could bring vast benefits to Northern Ireland and Scotland. Both are on the cusp of significant changes, as the impact of automation and technological change combines with an ageing population. This could carry significant dividends, driving productivity and boosting economic growth, and bringing new opportunities for individuals and employers. But … Continue reading
VET and School-to-Work Transition – Vocationally educated upper-secondary level school-leavers are better prepared to enter the labour market research finds
This article describes and analyses the school-to-work transitions of a 2006 cohort of Dutch school-leavers with upper-secondary general and vocational qualifications (ISCED Level 3). By adopting a longitudinal perspective through the use of SA, we have been able to integrate recent ideas about school-to-work transitions into an analysis of the effect of vocational education on … Continue reading
Labour Costs in Europe, QIV2018 – Rose by 2.3% in EA19, 2.8% in EU28
Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28 in the fourth quarter of 2018, compared with the same quarter of the previous year. In the third quarter of 2018, hourly labour costs increased by 2.5% and 2.6% respectively. These figures are published by Eurostat, the statistical … Continue reading
The Working-Class America – Arresting the decline and building bridges back to opportunity
The 2016 election put the plight of working-class America front and center in American politics. A long-neglected and largely forgotten voting bloc thought by many to be shrinking to the point of irrelevance suddenly mattered, nationally and in every state. But more important even than the political consequences, the campaign and what followed shone a … Continue reading
Low Skills in Europe – The Upskilling pathways
In 2017, 15.7% of low-qualified young Europeans aged 15 to 29 were not in education, employment or training (NEET), compared to 9.6% of their better educated peers. In the same year, the unemployment rate of low-qualified adults of working age (25 to 64) stood at 13.9% in the EU-28 while that of their highly qualified … Continue reading
Apprenticeships in England – What do we know?
Increasing the quantity and quality of apprenticeships is high on the policy agenda in England. Research on this issue is a central focus of the Centre for Vocational Education Research (CVER). Sandra McNally summarises some of the most significant findings to date. An apprenticeship is usually thought of as a programme of work and study … Continue reading
Digital Skills in Manufacturing – Australia is falling behind in its digital competiveness and education and training report says
While every attempt has been made to identify research on specific digital skills needed in manufacturing and related industries, this review has identified that (a) there is little research available on specific digital skills in these industries and (b) even research aimed at identifying the impact of digital changes to manufacturing processes tends to identify … Continue reading
Transition to Shorter Working Week in UK – Time spent in work is neither natural nor inevitable
This report aims to demonstrate that the time we spend in work is neither natural nor inevitable. Instead, the amount of time we spend in work is a political question. One of the central aims of this report is to establish time itself as a site of political contestation – in the same vein as … Continue reading
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