Job Market Monitor
Michel Cournoyer
National Skills Strategy in Germany – Ten objectives
In view of the challenges posed by structural and sectoral change in technical and economic terms, the German Federal Government has worked together with the social and economic partners, the Lander and the Federal Employment Agency, in consultation with academics and practitioners, to develop a National Skills Strategy (the Strategy) focusing on continuing vocational education … Continue reading
COVID and Jobs at the Local Level – Community-driven, evidence-based approaches to better link and prepare workers for the good jobs that do and will exist
When a durable recovery strategy from the COVID-19 pandemic finally emerges, it will confront not just one badly damaged economy, but numerous fractured economies. The pandemic recession is hitting some sectors harder than others, with regions dependent on manufacturing and hospitality particularly devastated. Even state and local government jobs have taken a hit, which will … Continue reading
College-Educated Immigrants in US – Nearly 13 million accounting for 45 percent of software developers, 42 percent of physical scientists, and 29 percent of physicians
Nearly 13 million immigrants have a four-year college degree or better. But these highly educated immigrants are not spread evenly throughout the labor market. They make up disproportionate shares of certain jobs, especially in the science and technology fields, accounting for 45 percent of software developers, 42 percent of physical scientists, and 29 percent of … Continue reading
Carrer Choice of Middle School Students – A small percentage of the students correctly knew the educational requirements
Students in school face a wide range of education and career choices, and given the importance of education and career decisions for life success, it is important that they make informed choices. This study examined students’ knowledge and sources of information about careers. In addition, the authors explored how students make career choices and who … Continue reading
Earnings of Grads in UK – Overall estimates obscure important heterogeneity in returns across subjects
This report provides estimates of the earnings returns to completing postgraduate degrees, for British and Northern Irish students studying in Britain. We use the Longitudinal Education Out- comes (LEO) dataset to account for differences in individuals’ background and prior university attainment to estimate the impact of postgraduate qualifications on earnings at age 35, relative to … Continue reading
Covid, Government Financial Support and Output in US – Will boost GDP by 4.7 percent in 2020 and 3.1 percent in 2021, by about 59 cents for every dollar over 3 years
In March and April of 2020, four major federal laws were enacted in response to the 2020 coronavirus pandemic. Those laws, which contained a wide array of conventional and unconventional fiscal policies, will add $2.3 trillion to the deficit in fiscal year 2020 and $0.6 trillion in 2021, according to the Congressional Budget Office’s estimates. … Continue reading
Training and Subcontracting in Value Chains – The lower down, the more its position correlates with low levels of training
Subcontracting strategies in labour-intensive industries have escalated over the past forty years. They are reflected in the fragmentation and geographic dispersion of the activities that make up the so-called value chains. It is already known that these strategies tend to influence employees’ employment and working conditions. In addition, our results point to the existence of … Continue reading
Regions in Europe – The Eurostat regional yearbook 2020
What is the share of young and old people in the regions of the European Union (EU)? Is the risk of poverty in my region higher or lower than elsewhere in the EU? Which region has the largest economy? Which region invests most in research and innovation? How do people in my region use the … Continue reading
Covid and Self-employed in Canada – Those who also had T4 earnings before the pandemic are in a better position
A new study looks at the degree of reliance on self-employment income by self-employed individuals with and without additional T4 earnings (wages and salaries for which an individual receives a T4 slip) and how this may affect their ability to deal with the post-COVID-19 financial strain. The presence of T4 earnings in the total income … Continue reading
Future of Work in Canada – Enhance the adaptation of the labour force
Achievement of a decent level of growth in Canadian per-capita incomes in the years ahead depends crucially on an increase in the number of hours worked relative to the size of our population—and even more importantly on the quality of output from each of those hours. Like a steady drip, Canada’s labour force participation rate … Continue reading
UI during COVID in US – How to improve it
This panel will focus on changes in unemployment insurance (UI) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and how lessons from these changes can guide reform of the federal-state UI system. For example, what lessons does the CARES Act UI payments experience offer on how we can better promote an equitable recovery? … Continue reading
Finland’s Universal Basic Income Experiment – A small increase in employment, a huge boost to well-being
As income inequality and economic upheaval take center stage, is a guaranteed minimum income worth considering? Results from a two-year experiment in Finland offer clues. A small increase in employment In the design of the Finnish experiment, the main research question, agreed to by parliament in the enabling legislation, was the impact of a basic … Continue reading
Future of Work in BC – Options for building a resilient labour force
With the rapid growth of automation and technological advancement, the skills and competencies required across British Columbia’s economic development regions are evolving. As the province shifts towards a more digital, knowledge-based economy, it is important to consider the development of BC’s labour force. While there are a number of initiatives targeting the next generation of … Continue reading
Social Protection – Developing countries should invest US$1.2 trillion to guarantee basic social protection
To guarantee at least basic income security and access to essential health care for all in 2020 alone, developing countries should invest approximately US$1.2 trillion – on average 3.8 per cent of their GDP – says a new ILO policy brief. Since the onset of the COVID-19 pandemic the social protection financing gap has increased … Continue reading
Inflation in Europe (August 2020) – Annual inflation down to -0.2% in the euro area
In August 2020, a month in which COVID-19 containment measures continued to be lifted, the euro area annual inflation rate was -0.2%, down from 0.4% in July. A year earlier, the rate was 1.0%. European Union annual inflation was 0.4% in August 2020, down from 0.9% in July. A year earlier, the rate was 1.4%. … Continue reading
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