This study presents an examination of the situation of certain groups of Veterans after release from the military compared to when they were in the military. It uses administrative data from the Department of National Defence (DND) and Veterans Affairs Canada (VAC) which has been combined with personal income information by Statistics Canada (see text … Continue reading
In the public psyche and in academic discourse, it is widely believed that a college degree is the great equalizer. In other words, social origins may determine educational attainment, but educational attainment (especially a college degree) determines labor market outcomes and membership to the American middle class. This notion is supported by the empirical work … Continue reading
The future of work has received tremendous attention in recent years from scholars, politicians and the general public, fuelled by the rapid transformations of the world of work. Demographic shifts, technological innovation, institutional reforms and global economic integration are all changing the way people work. Technological innovations have a major impact on occupations and industries, … Continue reading
In 1991, most good jobs did not require a BA. Today, there are three distinct pathways to good jobs: high school, middle skills, and bachelor’s degree, says new research from the Georgetown University Center on Education and the Workforce (CEW) in partnership with JPMorgan Chase & Co. Three Educational Pathways to Good Jobs: High School, … Continue reading
The publication presents three highly specific alternative visions of the future and potential options for action. It wants to make a contribution to the general debate on the future of work and make findings of the project more accessible and better-known; and above all to focus attention on both the long-term and global perspectives. To … Continue reading
Experts from the Hamilton Project observe that two traditional methods of noting when recessions have started—waiting for an announcement from the National Bureau of Economic Research or observing GDP to decline over two consecutive quarters—“are appropriate for historical analysis but too slow to be useful for policy.” Instead, they explain a measure developed by economist … Continue reading
Changing technology, growing skills mismatches and weak wage growth are drawing attention to the need for more sophisticated, more relevant career and technical skills, especially for workers who lack a four-year college degree. Among the most effective ways to raise skill levels and prepare workers for rewarding careers is with apprenticeships that combine classroom learning … Continue reading
For many PhD graduates entering the employment market with recent research training under their belt, a career in research and higher education would seem to be the obvious choice. After all, that is the kind of work they have been trained to do. However, with the steep rise in PhD graduations in recent years, and … Continue reading
This paper analyses different dimensions of skills mismatch (notably ‘macro-economic skills mismatch ‘, ‘skills shortages ‘, and ‘on-the-job skills mismatch ‘) and their empirical relationship with labour productivity. Macro-economic skills mismatch arises when the skills distribution differs between the available workers and those that get hired. Skills shortages occur when employers encounter difficulties to fill … Continue reading
Major changes have been seen in the workplace during the last several decades that have transformed the nature of work in many organizations. In recent years, we have seen the globalization of numerous companies and industries, organizational downsizing and restructuring, greater use of information technology at work, changes in work contracts, and the use of … Continue reading
Labor markets desperately need information to function effectively and efficiently, making labor market information systems critical public investments. Yet government systems face significant challenges in collecting quality data, turning it into useable market intelligence, and disseminating it in a timely, relevant manner, a situation more acute in developing countries. The rise of private, real-time labor … Continue reading
This paper was commissioned by the Organisation for Economic and Co-operative Development (OECD) to describe the use of Individual Training Accounts (ITAs) under the Workforce Innovation and Opportunity Act and under its predecessor the Workforce Investment Act (WIA). An ITA is a voucher that an individual who has met the requirements to establish an ITA … Continue reading
The financial crisis led to the biggest recession in living memory: output fell by almost 5 per cent, a bigger drop than in the downturns of the early 1990s or early 1980s. As in previous recessions, younger people bore the brunt of this: the unemployment rate for those aged 18 to 29 rose by 4 … Continue reading
The study of the interrelation between human capital accumulation, training and productivity has a long-standing tradition in economics (Becker, 1964). Among workers, on-the-job training is the building block of the human capital accumulation process. In fact, almost half of the human capital individuals accumulate in their lifetime is associated with investments and activities related to … Continue reading
For centuries, advances in labor-saving technology have been met with fear that such technology will eliminate jobs. In the computer era, seminal work by Autor, Levy, and Murnane (2003) clarified that certain jobs are most at risk from technology, in particular so-called routine jobs which are made up of tasks most easily substituted for by … Continue reading