Job Market Monitor
Michel Cournoyer
Higher Education and Labour Market – Maths and English, attitudes towards HE formed by age 14 and parental advice and aspirations are determining pathways
In this paper, we evaluate the education-to-employment transitions of young people in the years immediately following the end of their compulsory schooling and as they enter the labour market for the first time. We construct their detailed post-school histories and examine their early labour market experiences, in order to address three main research questions: 1. … Continue reading
Soft Skills – 4 Recommendations for coaching
1. Respect the challenges people face. Soft skills are never developed from scratch. People use the behaviors involved instinctively every day. Some of these behaviors work well, and some of them may not. Regardless of their effectiveness, these behaviors are habitual. When we set out to help others develop skills, we are asking people to change … Continue reading
Europe – Industrial production down by 2.1% in euro area
In December 2019 compared with November 2019, seasonally adjusted industrial production fell by 2.1% in the euro area (EA19) and by 2.0% in the EU27, according to estimates from Eurostat, the statistical office of the European Union. In November 2019, industrial production remained stable in the euro area and in the EU27. In December 2019 … Continue reading
Taxonomie des compétences au Québec – Le flottement de vocabulaire
Par Michel Cournoyer – Selon le Forum économique mondial, les compétences (“skills”) sont devenues la “monnaie d’échange” (“the core currency”) sur le marché du travail. Les employeurs ne cherchent plus un candidat dans une profession. Ils recherchent des compétences, des talents. Mais ce virage nécessite l’utilisation d’un langage commun permettant notamment de les reconnaître, les certifier, … Continue reading
Pénurie de main-d’œuvre au Québec – 3 PME sur 4 y sont confrontées
De nouvelles données publiées aujourd’hui par la FCEI tirées d’un sondage exclusif auprès de plus de 1 110 chefs d’entreprises montrent que les PME subissent de plus en plus les désagréments de la pénurie de main-d’œuvre et que cette tempête handicape leur croissance. La nouvelle étude de la FCEI met en lumière les effets économiques immédiats … Continue reading
Job Hopping – 8 hidden costs
by Brigid Ludwig * – Whether you’re in your very first job out of college, or you’re far along in your career, there’s a good chance you won’t be in your current position forever. The average time an employee spends in a position is actually only about five years. Not only does finding the perfect … Continue reading
The future of Work – The new social contract in the 21st century
In a report, The social contract in the 21st century: Outcomes so far for workers, consumers, and savers in advanced economies, the McKinsey Global Institute takes an in-depth look at changes in 22 advanced economies in Asia, Europe, and North America, covering 57 percent of global GDP. Among the findings: while opportunities for work have … Continue reading
The Future of Work – Differences in robotization across industries and countries
Akamatsu’s “flying geese” paradigm describes this shifting international division of labor based on dynamic comparative advantage. American, European, and Japanese firms moved a lot of their production to developing Asia and Latin America, first helping countries like Malaysia and Chile, then others like China and Mexico, and then others like Vietnam and Bangladesh. Lower-wage countries … Continue reading
US – Automatic Stabilizers in the Federal Budget, 2020 to 2030
Federal revenues and outlays regularly respond to cyclical movements in the economy in ways that tend to dampen those movements; the budget mechanisms that drive that process are known as automatic stabilizers. Those mecha- nisms help stabilize the economy automatically, without any legislated changes in tax or spending policies. In this report, the Congressional budget … Continue reading
The Future of Work – Three challenges and a government blueprint
Digital and artificial intelligence technologies will likely have a substantial economic and social impact. Governments can act now to create shared prosperity and better lives for all citizens. Three challenges While automation has the potential to boost economic growth, it poses some key challenges to the nature of work. The public senses this shift. In … Continue reading
Québec – 50 % des travailleurs ignoraient l’existence même du métier qu’ils occupent aujourd’hui
Ayant pour mission d’aider les Québécois et Québécoises à trouver leur X, et ce, à toutes étapes de leur vie, AXTRA, l’Alliance des centres-conseils en emploi, dévoile sa toute nouvelle étude mettant l’accent sur l’évolution des aspirations professionnelles au fil du temps. Selon le sondage réalisé auprès de 1 000 personnes en décembre 2019, 83 … Continue reading
Résoudre le casse-tête des compétences
Chaque jour, les Canadiens et les Canadiennes prennent des décisions qui influencent leur carrière et leur vie, et les entreprises prennent des décisions qui influencent leurs organisations. Pour que leurs choix soient bien éclairés, ils doivent pouvoir s’appuyer sur des renseignements exacts, opportuns et pertinents. Les développements récents (notamment l’évolution technologique) font toutefois en sorte … Continue reading
Global Social Mobility Index 2020 – There are only a few nations with the right conditions to foster it
The World Economic Forum has created a new index to measure social mobility, providing a much-needed assessment of the current state of social mobility worldwide. The index reveals there are only a few nations with the right conditions to foster social mobility. Chosen excerpts by Job Market Monitor. Read the whole story @ Global Social Mobility Index … Continue reading
Global Labor Market – Unemployment projected to rise in the next two years says ILO
A lack of decent work combined with rising unemployment and persisting inequality is making it increasingly difficult for people to build better lives through their work, according to the latest edition of the ILO’s global report on employment and social trends. Chosen excerpts by Job Market Monitor. Read the whole story @ Flagship report: World Employment and … Continue reading
Global Skills Mismatch – Affects 1.3 billion people worldwide is imposing a 6% annual tax on the global economy
A skills mismatch that affects 1.3 billion people worldwide is imposing a 6% annual tax on the global economy in the form of lost labor productivity. Boston Consulting Group (BCG) explores this and other findings in its report titled Fixing the Global Skills Mismatch, which is being released today. According to the report, the skills … Continue reading
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