Job Market Monitor
Michel Cournoyer
Immigration in Canada – Policymakers must strike the right balance says TD
For years, economists had been warning that aging demographics would throw the economy off-kilter by straining economic growth, tax revenues, and the social system. A ramp up in skilled-based immigration offered a solution. Government policies have delivered, but now the question is whether the sudden swing in population has gone too far, too fast. Highlights … Continue reading
Labour Shortages and Non-permanent Residents in Canada – They can fill labour gaps in “greying” industries says RBC
The ranks of non-permanent residents (NPRs) swelled in Canada following the pandemic, growing 53% between 2020 and 2022. Canada’s two-tiered immigration system has attracted the right candidates to match longstanding shortages in roles ranging from childcare providers to software engineers. But it’s been less successful in matching these skills to future shortages in industries facing … Continue reading
Micro-credentials – The critical things to get started
Are micro-credentials set to disrupt professional and higher education to the same extent that Netflix disrupted the entertainment industry? Given the rapid acceleration of technology use and changes of work practices across many areas of employment during the [Coronavirus Disease 2019 (COVID-19)] pandemic – we are facing a world where learning, skill and knowledge agility … Continue reading
Green Jobs and Skills in London – There could be 505,000 of them
This report examines the potential scale and nature of green jobs across the Central London Forward sub region. This report is accompanied by the Cross London report as well as reports for each of London’s other sub regional partnerships. Councils in central London will play a vital part in helping to deliver net zero. Boroughs … Continue reading
Employability Skills in Schools – Communication skills, numeracy and problem solving are the most frequently noted
This research follows the first dialogue by gathering the views from young people themselves by investigating how learners see their skills and competencies developing in school. The aim of this the research is to understand specifically where young people believe they are being supported to develop ‘employability’ skills in school – for instance, whether through … Continue reading
AI in the Workplace – What do workers and employers think and what to do about it
In 2022, the OECD gathered data on the impact of AI on people and their workplaces, in the manufacturing and finance sectors of seven countries. The findings show that AI use at work can lead to positive outcomes for workers around job satisfaction, health and wages. Yet there are also risks around privacy, work intensity … Continue reading
Employment Outlook – OECD countries may be on the brink of an AI revolution while wages have not kept up with inflation
While firms’ adoption of AI is still relatively low, rapid progress including with generative AI (e.g. ChatGPT), falling costs and the increasing availability of workers with AI skills suggest that OECD countries may be on the brink of an AI revolution. It is vital to gather new and better data on AI uptake and use … Continue reading
Remote Work Solutions – 153 million people are in roles highly suitable for it, but only 18% are currently remote
By understanding the patterns on how global remote work solutions on both a big-picture and a granular level is affecting the labor market today, companies can be better prepared to create new opportunities in the labor market for everyone. 153 million people are in roles highly suitable for remote work—but only 18% are currently remote. … Continue reading
Skills Training UK – An award winning training provider close to collapse
A decision on the future of the business is expected next week with more than 200 jobs at risk. Staff were told not to come into work in the meantime. A high-profile independent training provider, Skills Training UK, is close to collapse, FE Week understands. The national provider, which has centres across the West Midlands, … Continue reading
Immigration au Canada – Quel est le nombre idéal de nouveaux arrivants ?
Quel est le nombre idéal de nouveaux arrivants au Canada? Quel est le nombre idéal de nouveaux arrivants que devrait accueillir le Canada? Cela dépend. L’immigration est essentielle à la réussite économique à long terme du Canada, mais peut entraîner des défis à court terme. Par conséquent, les décideurs doivent tenir compte de plusieurs éléments. … Continue reading
Climate Change and Migration – Not simple (a podcast)
Climate migration sounds simple. It is not. MPI’s Lawrence Huang answers some of the most common questions around one of the least understood dynamics in human movement. Source: Media: Climate Migration 101 | migrationpolicy.org
Human Capital and Gender in Canada – Its accumulation from 1970 to 2020
Human capital is the most important component of total wealth, where total wealth is defined as the sum of produced capital (both tangible physical capital and intangible knowledge capital), natural capital and human capital. Total wealth represents the capacity to generate and increase a future income level that is sustainable. For example, an increase in … Continue reading
Inactivity among Older People in UK – Creating a healthy labour market
Over recent years, the number of people in the UK who are economically inactive has risen sharply. In total there are 440,000 more people who are neither in work nor looking for work now than there were before the Covid-19 pandemic began. This has been largely driven by an increase in the numbers of older … Continue reading
L’Emploi au Québec (Juin 2023) – Peu de variations pour un cinquième mois consécutif en juin, le chômage s’établit en hausse à 4,4 %
Au Québec, l’emploi a peu varié pour un cinquième mois consécutif en juin. Comme un plus grand nombre de personnes étaient à la recherche de travail, le taux de chômage a augmenté de 0,4 point de pourcentage pour s’établir à 4,4 % en juin. Pour l’ensemble du Canada L’emploi a progressé de 60 000 (+0,3 … Continue reading
Job Report in US (June 2023) – Employment increased by 209,000 and unemployment changed little
Total nonfarm payroll employment increased by 209,000 in June, and the unemployment rate changed little at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in government, health care, social assistance, and construction. Household Survey Data Both the unemployment rate, at 3.6 percent, and the number of unemployed persons, … Continue reading
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