Job Market Monitor
Michel Cournoyer
VET in Europe – 3 basic scenarios on its future role
‘Tomorrow belongs to those who can hear it coming’, said David Bowie forty years ago. Jobs, labour markets and economies are rapidly changing: globalisation, technology and a growing services sector are both causes and symptoms. Ageing populations and dwindling youth cohorts, on the one hand, and labour migration, on the other, are affecting workforce composition. … Continue reading
South American Immigrants in US – Represent 7 percent (or 3.2 million) of the 44.5 million foreign born
Overall, South American immigrants represented 7 percent (or 3.2 million) of the 44.5 million foreign born in the United States in 2017—up from 1 percent in 1960. While their numbers have increased, South Americans remain well behind the rest of Latin America, with significantly larger immigrant populations in the United States from Mexico and Central … Continue reading
National Qualification Framework in France – A guide
This report is the result of the many drafts produced by the Céreq project team that worked with the NQF-In partnership in order to reach a mutual understanding of the process of incorporating qualifications into National Qualifications Frameworks. As the following chapters will show, France benefits from a firmly established, centralised qualification system governance whose … Continue reading
Skills Mismatches in Europe – Addressing them can increase competitiveness
Skills mismatches are widely accepted as a factor that drags down on potential economic growth and as such require concrete policy measures both at the EU and national level. Current and long-term demographic trends make this an issue of particular acuteness – against a projected decline in the labour force and an increase in the … Continue reading
Training – It increases employees’ retention research finds
This paper analyses the effect of training participation on employees’ retention in the training company. It for the first time empirically combines the human capital and the monopsony theory by jointly controlling for the portability, visibility, and credibility of training. Based on an extensive German linked-employer-employee data set with detailed information on training history (WeLL-ADIAB), … Continue reading
Digital Literacy – Conclusions from international comparative surveys
While digital technology plays an increasingly important role in our lives, and political systems are mobilizing to make the most of its leverage effect on innovation and economic growth, 56% of adults lack digital skills, according to the Organization for Economic Cooperation and Development (OECD). This report looks at the conditions impacting the development of … Continue reading
Skill Gap in US – New hires are not well-prepared to perform at a high level in a professional environment, primarily because of insufficient soft skills survey finds
Business and academia in the U.S. have traditionally been able to equip new workforce recruits with the hard skills they need to perform at a high level in the workplace. But with the regular ow of new technologies and business models into the market, today’s employees must navigate all this change with a varied skill … Continue reading
Active Labour Market Policies (ALMPs) – Effective through an appropriate management and implementation
Since the 1990s, there has been a growing interest in ALMPs. Today, expenditure in ALMPs is sizeable in most advanced economies and continues to increase. Between 2004 and 2009, ALMP expenditure grew continuously at an average annual rate of 5.8%, reaching an accumulated growth of 32.5% and a total spending of US$176.5 billion (PPP) in … Continue reading
Upskilling for the Future – How SAP does it
SAP (a global software company based in Walldorf, Germany) digital-business-services (DBS) division, one of the main divisions in the company, with around 20,000 employees, began implementing a comprehensive workforce skills upgrade in 2017, to support shifts in its product portfolio toward more digital innovation and cloud products. The upgrade is a multiyear “learning strategy,” which … Continue reading
Newsroom Employees in US – More likely to be white and male
Newsroom employees are more likely to be white and male than U.S. workers overall. There are signs, though, of a turning tide: Younger newsroom employees show greater racial, ethnic and gender diversity than their older colleagues, according to a Pew Research Center analysis of U.S. Census Bureau data. More than three-quarters (77%) of newsroom employees … Continue reading
L’emploi au Québec, octobre 2018 – Peu de changement selon Statistique Canada mais …
Au Québec, l’emploi a peu varié par rapport au mois précédent et à 12 mois plus tôt (NDLR :selon Statistique Canada. En fait l’emploi à augmenté de 9 100 entre octobre et septembre (désais.) et de 6 500 sur une base annuelle (non-désais.). Il devient de plus en plus imprudent de se fier aux sommaires de Statistique … Continue reading
Job Report in Canada, October 2018 – Little changed with unemployment at 5.8%
Employment was little changed in October. The unemployment rate decreased 0.1 percentage points to 5.8% as fewer people searched for work. Since November 2017, the unemployment rate has ranged from 5.8% to 6.0%. Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, October 2018
Job Report in US, October 2018 – Employment rose by 250,000, hourly earnings by 3.1 percent
Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, and in transportation and warehousing. The unemployment rate remained at 3.7 percent in October, and the number of unemployed … Continue reading
Youth Minimum Wage – It exerts a substantial negative impact on their employment rate
This paper performs a cross-country level analysis on the impact of the level of specific youth minimum wages on the labor market performance of young individuals. We use information on the use and level of youth minimum wages, as compared to the level of adult minimum wages as well as to the median wage (i.e., … Continue reading
Talent Gap in Startups in Australia – Some highly-skilled positions serve as bottlenecks for growth
Talent is an important part of any business. For tech businesses, where high value products are created almost exclusively from human intellectual capital, talent is particularly critical. A shortage of talent therefore risks severely limiting growth in any emerging tech sector. People with the skills and experience necessary to rapidly grow a startup from a … Continue reading
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