Job Market Monitor
Michel Cournoyer
Career Transitions in Canada – The single biggest obstacle is characteristic similarity
Most Canadians who want to make a career transition have viable and desirable options, especially if they possess, or are willing to learn, the skills, abilities, tools, and technologies required for their destination occupation. Key findings • We identified potential career transitions for Canadian workers using two criteria: viability and desirability. • A viable job … Continue reading
Big Data for Skills Policy – Tapping into the potential of it
This publication has been prepared by the interagency technical vocational education and training (TVET) group on skill mismatch in digitised labour markets, to support experts and policy-makers who wish to engage in discussion on the potential of web-based big data for skills policy. It outlines how such data can be used to mitigate labour market … Continue reading
NABE’s US Outlook Survey (March 2021) – 59 percent employment will return to pre-COVID-19 levels in 2023 or later
The March 2021 NABE Outlook presents the consensus macroeconomic forecast of a panel of 53 professional forecasters (see last page for listing). The survey, covering the outlook for 2021 and 2022, was conducted February 8-February 16, 2021. Highlights: • NABE panelists have grown more optimistic about the prospects for economic growth in 2021. The median … Continue reading
La Période de Mise en Situation en Milieu Professionnel (PMSMP) en France – Plus de 9 employeurs sur 10 la recommandent
La période de mise en situation en milieu professionnel (PMSMP) ou immersion professionnelle vise à permettre à des demandeurs d’emploi en reconversion professionnelle de choisir un nouveau métier ou un nouveau secteur d’activité, de confirmer leur choix de projet professionnel ou d’initier une démarche de recrutement pour accéder à un emploi, grâce à une période … Continue reading
Immigration in New Zealand – No adverse wage impact on native workers of similar skill
The recent international literature on immigration wage effects has shown contrasting results. Past studies have focussed on the effect of low skilled immigrants on native-born workers in the US, and have yielded results ranging from no impact to negative impacts. This paper, by contrast, explores the outcomes of highly skilled immigration on the wages of … Continue reading
Skills Development in Ireland – Professionals rate their processes as unsophisticated and ineffective
Understanding and meeting the future skills needs of Irish industry will be central to economic and social stability and progress over the coming decades. – Digitisation, AI and Robotics are already having a significant impact on work in many sectors and this trend is expected to increase in pace and intensity in the near term. … Continue reading
Immigration in Canada – Immigration inflows to raise GDP per capita, not simply increase the population
The primary objective of Canada’s economic-class immigration programs is to leverage immigration policy to boost the economic well-being of Canadians. To do that, we need immigration inflows to raise GDP per capita, not simply increase the population. COVID-19 travel restrictions hobbled Canada’s immigrant admissions in 2020. In response last fall, the federal government revised its … Continue reading
Working After Retirement in US – Rules, Benefits and Social Security
Thinking about returning to work after retirement? You’re not alone. But before you launch your new side project or pick up a part-time job, it’s important to understand how rejoining the workforce impacts your financial goals and government benefits. Chosen excerpts by Job Market Monitor. Read the whole story @ Working After Retirement | Rules, Benefits and … Continue reading
Youth Transition from Education into Employment in UK – Essential skills and their critical importance and the emergence of the Skills Builder Universal Framework
The transition of young people from education into employment between the ages of 16 and 25 is always a challenging one. The pandemic has once again had a disproportionate impact on young people – both through disruption to education, and the oversized damage to the retail and hospitality industries that often act as a critical … Continue reading
Covid and Long-Term Unemployment in US – About four-in-ten unemployed workers had been out of work for more than six months
About four-in-ten unemployed workers had been out of work for more than six months in February 2021, about double the share in February 2020. Chosen excerpts by Job Market Monitor. Read the whole story @ Long-term U.S. unemployment rose sharply under COVID-19; Asian Americans hit hardest | Pew Research Center
Skills and Credentials in US – IBM’s letter to US Secretary of Education nominee Miguel Cardona and Secretary of Labor nominee Marty Walsh
IBM today sent the following letter to US Secretary of Education nominee Miguel Cardona and Secretary of Labor nominee Marty Walsh: To incoming Secretaries Cardona and Walsh, As you take office amid a global pandemic, I know you must be all too aware of the 11 million unemployed Americans and the 77 million students in … Continue reading
EI after Covid in Canada – Unemployment Insurance Savings Accounts (UISA)
Notwithstanding the long history of unemployment insurance programs in Canada, as well as substantial modifications to the programs over time, employers, researchers, and even the current federal government continue to express concerns about the existing Employment Insurance (EI) system. Indeed, in the fall Throne Speech, Prime Minister Trudeau stated that the COVID-19 pandemic has shown … Continue reading
Job Report in US (February 2021) – Employment rose by 379,000 and and unemployment little changed at 6.2 percent
Total nonfarm payroll employment rose by 379,000 in February, and the unemployment rate was little changed at 6.2 percent, the U.S. Bureau of Labor Statistics reported today. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic. In February, most of the job gains occurred in leisure and hospitality, with smaller gains in temporary help services, … Continue reading
Covid, Immigration and Labour Markets in Europe – Policymakers should take steps to clearly communicate the rationale behind labour migration policies
The response to the COVID-19 pandemic has brought about a historic economic recession with significant consequences for employment and, in turn, immigration and skills policy. While it remains to be seen how lasting the pandemic’s effects will be on the worst-hit sectors, such as hospitality, leisure, and tourism, the crisis appears to be entrenching existing … Continue reading
Skills and Credential Chaos in US – New reports find nearly one million credentials and $2t in yearly education and training expenditures
Today, Credential Engine released two reports that offer unprecedented understanding of the credential landscape. The first report, Counting U.S. Postsecondary and Secondary Credentials, offers the most accurate and robust estimate of credentials across 16 categories—including both traditional degrees, certificates, certifications, licenses and apprenticeships as well as non-traditional offerings such as badges. The report estimates that … Continue reading
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