A Closer Look

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Automation in US – The differing impact on men and women’s work

Advances in automation and digital technologies are undoubtedly changing the nature of work. Technology creates jobs, often in unpredictable ways, but it also displaces jobs. Some of the routine tasks that make up jobs can now be automated, making some occupations obsolete and displacing workers. Workers affected by technological change can find work in alternative … Continue reading

ICT Technicians in EU – 1.9 million employees (2017), 46% in ICT services and 54% in rest of economy

ICT technicians support the design, development, installation, operation, testing, and problem-solving of hardware and software. This mid-level occupation is predominantly male; women represent only 17% of its employment. Some 1.9 million people were working as ICT technicians in the EU in 2017, 200 000 more than in 2006. Demand growth has slowed, though. Advancements in … Continue reading

Wages in US – What is really happening ?

Over the past 12 months, average hourly wages rose 3.2 percent, according to the latest jobs report from the Bureau of Labor Statistics. But the longer-term story is contested. Many analysts and commentators lament the situation of stagnating wages, while others celebrate wage growth. To take just two of hundreds of examples, our colleagues in … Continue reading

The Transition to Post-Military Employment in US – A majority of veterans say their military service was useful in giving them the skills and training

For many veterans, finding a job after leaving the military is an important part of the transition to civilian life. A majority of veterans say their military service was useful in giving them the skills and training they needed for a job outside the military – 29% say it was very useful and another 29% … Continue reading

Work Futures – Disruptive automation is the number one cause

Economics is driving changes in work practices and productivity pushed forward by growing use of artificial intelligence, demographic changes and business model changes. Disruptive automation is the number one cause of this dramatic shift especially since technology engaged and enabled Millennials, will be the majority in the global workforce very soon. Chosen excerpts by Job … Continue reading

Job Creation – A dearth of good jobs does not mean that the labor market is the problem

Governments are right to focus on creating more good jobs, because work is the source of most people’s livelihood in every society. But in the majority of cases, the solution lies in policy areas that are not amenable to tools wielded by ministers of labor or education. Just because a tire is flat at the … 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

Reskilling – Who is responsible?

From switchboard operator to film projectionist, three industrial revolutions down and we’ve already seen many jobs wiped from the face of the Earth. Emerging technology is rapidly dispensing P45s, pink slips or termination letters to the next round of workers. More than half the global labour force will need to start reskilling and reinventing how … Continue reading

Vocational Education Matters – Strong systems are based on strong career guidance, links with the labour market and flexible curricula

Vocational education has not always had the best reputation. Vocational programmes are often technical in nature, and their graduates typically expect lower incomes relative to those who complete general or academic tracks. As a result, vocational education is generally perceived as a track for low-achieving students, or an alternative for those who drop out. But … Continue reading

Mismatches in UK – As many as half (49%) of UK workers could be in the wrong job

The CIPD’s report Over-skilled and underused: Investigating the untapped potential of UK skills, based on a representative survey of over 3,700 UK employees and online focus groups, explores how well people’s skills are used and developed in the workplace. The survey found that more than a third (37%) of workers have the skills to cope … Continue reading

Business Cycles in US – NBER’s reference dates and duration

  Chosen excerpts by Job Market Monitor. Read the whole story at US Business Cycle Expansions and Contractions

The Future of Work – How automation could affect employment for women and minorities

Much has already been said about how automation and artificial intelligence will affect employment and wages. But what about the impact of these trends on women in the workplace? While many obstacles still stand in the way of gender parity, with the right policy actions by governments and businesses, women appear well placed to benefit … Continue reading

Skills in Postings in Europe – Cedefop’s findings

Since mid-2018, Cedefop’s online job vacancies data retrieval system has collected around 32 million unique vacancy postings in Czechia, Germany, Spain, France, Ireland, Italy and UK. Their labour markets equal around two-thirds of employment in the EU. 79% of the online job vacancies has been collected from private online job portals, 15% from public portals … Continue reading

Older Workers Participation in US – Recent cohorts of women have been participating at higher rates than their predecessors early in life but lower rates in middle age but man …

Labor force participation is rising for older workers in the U.S.; therefore, while it is tempting to focus  on prime-age workers to gauge the economy’s health to avoid demographic effects, doing so misses important shifts amongst those over 54 years old. Figures 1a and 1b (below) show labor force participation rates by gender, birth cohort, and age in five–year intervals. These figures describe both trends in labor force … Continue reading

World Population – By country, in one chart

Total: 7,515,284,153 Chosen excerpts by Job Market Monitor. Read the whole story at Countries Ordered by Population in 2017

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