Job Market Monitor
Michel Cournoyer
Upskilling in Tech – An overwhelming majority of 81% organizations are experiencing a shortage in skilled tech workers
28% of organizations believe that they would need to revamp tech skills for a third of their talent base by 2025 to stay competitive Merely 19% organizations have established a skill taxonomy EY, the leading professional services organization and iMocha, the world’s leading skills intelligence and skills assessment platform, today released a report titled “Tech … Continue reading
Make a training plan in US – The 3 steps of careeronestop.org
Want to get started in college or a training program, but don’t have a solid plan yet? Setting a goal is a great place to start your training journey. Goals give you something to plan your activities around. And they’re a way to measure your success. Setting education goals is not complicated. Your goals can … Continue reading
Immigrants and Upskill in US – Most immigrant adults lacking postsecondary credentials had education levels that should position them to obtain credentials relatively rapidly and inexpensively.
As the U.S. labor market is reshaped by technological change, aging and declines in fertility and legal immigration, there is a consensus that for the economy to grow with fewer workers, productivity will have to increase and workers will need higher levels of skills and training. In stark contrast with past trends, 80 percent of … Continue reading
Apprenticeships, Upskilling and Reskilling – Could be used not only for adults in employment but also to support labour market transitions between jobs and sectors and alleviate skill mismatches
In October 2022, Cedefop organised the fourth policy learning forum (PLF) on apprenticeships, engaging all EU-27 countries, with a tripartite composition, including representatives of governments and social partners from each Member State.The focus and scope of the policy forum was on regulatory frameworks, policies and practices in the Member States regarding the role and use … Continue reading
SMEs and Skills in Canada – Difficult for them to assess their skills needs, recruit talent and make plans
The impact of COVID-19 on small and medium-sized enterprises (SMEs) has been significant and severe. SMEs are the backbone of Canada’s economy, yet few have the resources to deal with the skills and labour shortages they face – shortages that the pandemic has only made worse. By combining preliminary data from an ongoing survey of … Continue reading
Digital Skills in Australia – Large businesses would need to spend $1.5 billion this year for upskilling, equivalent to an additional $885,355 per business
In the post-pandemic economy, digital skills are crucial for Australia’s labour market as the pace of digitisation accelerates. This report is the third in a series that looks into what skills are growing the quickest across the job market, the cost business stands to lose by not addressing these gaps and the role of training … Continue reading
Upskilling Pathways in France – A major change and de-compartmentalisation required
This report summarises the outcomes of the first (micro) phase of the thematic country reviews (TCRs) on upskilling pathways in France, which reflect the points of view of both the beneficiaries of the outreach and guidance schemes and services under investigation, and the professionals involved in their implementation. The TCR on UP for France focuses … Continue reading
Annual Working Hours in OECD Countries – A Chart
Where do people work the most? Explore our analysis of the average annual working hours across OECD countries. Source: Visualizing Annual Working Hours in OECD Countries
Digital skills in Europe – Much work remains to be done in CVET for adults according to the CEDEFOP
Summary Developing digital – or ICT – skills has been a policy priority in the past years, given rapid technological change in sectors and occupations. But the contribution of digital skills goes far beyond this. Digital skills are an enabler of citizenship in societies and a driver of efficient and just green and digital transitions. … Continue reading
Canada – Employment Income in Metropolitan Areas: Many of the worst growth performers in Ontario, Montreal and Quebec on top
Summary This bulletin compares Canada’s 41 Census Metropolitan Areas (CMAS) in terms of growth in median employment income from 2008-2019. From 2008-19, median employment income growth across the 41 CMAs averaged 5.4 per cent. Many of the worst growth performers for this indicator were found in Ontario. Of the 6 CMAs that saw a decline … Continue reading
Canada Emergency Response Benefit (CERB) and Upskilling: It provided support to pursue additional education and training for new career opportunities according to recipients
CERB and other emergency pandemic programs played a critical role in mitigating the impact of large- scale employment losses in the spring and summer of 2020, notably for low- and modest-income workers. Likewise, the program helped fuel a labour market recovery and economic rebound in 2021 in a variety of ways, including, as our study … Continue reading
Skills and Credential Chaos – Six broad principles to support students
Today, Credential Engine, a national non-profit, releases its Equity Advisory Council’s Report and Recommendations on improving equity in and through the expanded use of linked, open, and interoperable data about credentials, competencies, programs, quality, outcomes, and related aspects. [T]he Council identified six broad principles for the appropriate and effective use of these data to support … Continue reading
Job Report in US (July 2022) – Total nonfarm payroll employment rose by 528,000 and unemployment edged down to 3.5 percent
Total nonfarm payroll employment rose by 528,000 in July, and the unemployment rateedged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Jobgrowth was widespread, led by gains in leisure and hospitality, professional andbusiness services, and health care. Both total nonfarm employment and the unemploymentrate have returned to their February 2020 pre-pandemic … Continue reading
L’Emploi au Québec ( Juillet 2022) – Le taux de chômage (4,1 %) a continué d’osciller autour d’un creux record
Après avoir reculé pendant deux des trois mois précédents, l’emploi est demeuré stable au Québec en juillet (NDLR : en fait un recul de 4 500), et le taux de chômage (4,1 %) a continué d’osciller autour d’un creux record. Ensemble du Canada L’emploi varie peu en juillet L’emploi a peu varié en juillet (-31 000) … Continue reading
The Middle Class in US – A steady contraction in the past five decades
The middle class, once the economic stratum of a clear majority of American adults, has steadily contracted in the past five decades. The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new Pew Research Center analysis of government data. The shrinking of the … Continue reading
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