Job Market Monitor
Michel Cournoyer
Grads in US – A Well-Being Index
Traditional metrics for measuring the value of a college education — namely, job and graduate school placement rates and alumni salaries — may be the simplest evaluations of alumni outcomes, but they do not fully capture the experience and impact of a college education. Conventional outcomes do not adequately re ect the missions of higher … Continue reading
Apprenticeships – An analytical framework
Cedefop’s analytical framework for apprenticeships is a tool for analysing apprenticeship systems and schemes in Europe and, possibly, beyond. Cedefop’s analytical framework for apprenticeships is not modelled on a single recommended type of apprenticeship system or scheme – it draws on features that appear to work in more than one apprenticeship system or scheme and … Continue reading
Refugees in Europe – A project on how matching can support lawful adult refugee mobility
Most refugees live in developing countries of asylum, struggling to prove themselves in economies which are unable to absorb and make full use of their labour market potential. As a result, their skills often remain unused and become obsolete over time. Key challenges for Europe include sharing the global responsibility for refugees fairly with major … Continue reading
Soft Skills – Top six for employment
If you’re looking for a new job or promotion, here are some key soft skills to improve in the year ahead. Communication Communication is key, no matter what line of work you are in. As workplaces become more connected with an increased focus on collaboration and social tools, being able to communicate effectively is more … Continue reading
Future Skills in Australia – Local government and workforce perspectives
The Local Government Workforce Development Group (LGWDG) comprises representatives from each state and territory Local Government Association and provides advice on workforce matters to the Australian Local Government Association. The LGWDG undertook this study to identify the current and emerging skill needs of Local Government to better position the sector for the future. The way … Continue reading
Future of Work – The macroeconomic consequences of digitalization
Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this pushes further the boundary of what machines can do. Nowadays increasingly complex tasks are automatable at a precision which seemed infeasible only few years … Continue reading
Future of Work in UK – The demographic changes
The Youth Commission aims to find ways to improve education and employment opportunities for England’s 16-24-year olds. Its first report identified five key challenges: • Better supporting 700,000 young people not in education, employment or training; • Increasing the number of young people qualified to at least Level 3; • Improving attainment in literacy and … Continue reading
Degree Apprenticeships in UK – The number is rapidly increasing
Degree apprenticeships are a success story. The number of people starting degree apprenticeships is rapidly increasing, the range of apprenticeships on offer is broadening and the first degree apprentices have recently graduated. But progress developing degree apprenticeships in England is being held back by poor levels of awareness among school pupils, parents and employers. Bold … Continue reading
Occupational Decline – What are the earnings and employment losses ?
What are the earnings and employment losses that workers suffer when demand for their occupations declines? To answer this question we combine forecasts on occupational employment changes, which allow us to identify unanticipated declines; administrative data on the population of Swedish workers, spanning several decades; and a highly detailed occupational classification. We find that, compared … Continue reading
The Future of Work – This time is different
There are several reasons why current technological progress differs from the past. Innovation cycles are faster. Firms can engage in rapid product prototyping and marketing. Many organisations are less dependent on a core workforce, as they can draw on the power of the crowd and online (platform) labour. The digital world also allows for fast … Continue reading
L’Emploi au Québec, Juin 2019 – Le chômage à 4,9 %, égalant ainsi le niveau le plus bas en 43 ans
L’emploi au Québec a peu varié pour un deuxième mois consécutif. Le taux de chômage était de 4,9 % en juin, égalant ainsi le niveau le plus bas en 43 ans enregistré en avril. Par rapport à 12 mois plus tôt, l’emploi dans la province a augmenté de 68 000 (+1,6 %), la hausse étant … Continue reading
Job Report in Canada, June 2019 – Employment up by 421,000 or 2.3% on a year-over-year basis
In June, employment held steady for the second consecutive month. The unemployment rate rose 0.1 percentage points to 5.5% as the number of people looking for work increased. In the second quarter, employment rose by 132,000 (+0.7%), virtually all in full-time work. On a year-over-year basis, employment was up by 421,000 or 2.3%. Over the same period, total hours worked increased by 1.8%. To … Continue reading
Job Report in US, June 2019 – Employment increased by 224,000 and unemployment rate little changed at 3.7 percent
Total nonfarm payroll employment increased by 224,000 in June, and the unemployment rate was little changed at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, in health care, and in transportation and warehousing. Household Survey Data Both the unemployment rate, at 3.7 percent, and the number of unemployed persons, … Continue reading
Skills Gap in Europe – Skill shortages and skill mismatch
Labour markets are currently in a phase of cyclical recovery and undergoing structural transformation due to globalisation, demographic trends, advancing digital technologies and automation and changes in labour market institutions. Against this background, businesses increasingly report that the limited availability of skills poses an impediment to corporate investment. Genuine skill constraints can negatively affect labour … Continue reading
Closing the Skills Gap – Business Commitment Framework
Background It is now well-recognized that the disconnect between education systems and labour markets, coupled with technological disruptions, is creating instability and insecurity to the livelihoods of many. Governments are under increasing pressure to nd solutions, including by involving the private sector in change efforts, although few are able to act rapidly and few work … Continue reading
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