A Closer Look

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Ph.D. and Overeducation in Italy – 31.28% of them report that their Ph.D. title was not useful to get the job they were carrying

In 2009, ISTAT carried out a survey of Ph.D. holders who completed their studies three and five years earlier, in 2006 and in 2004, respectively. The data reveals that unemployment among Ph.D. holders is lower than what is reported for university graduates. A share as high as 92.5% of doctors who completed their studies in … Continue reading

College Education in US – Boost to career earnings much lower for individuals who grew up in lower-income families

A college education, it is hoped, will help the children of the poor and working class gain a larger share of the economic pie. But how much does college really pay off for lower-income Americans? Perhaps surprisingly, there has been little research on how family income background influences the career earnings boost from a college … Continue reading

Community College in US – Just 15 percent acquire a 4-year degree

Community colleges are a vital part of America’s opportunity structure, not least because they often provide a way into higher education for adults from less advantaged backgrounds. Each year there are around 10 million undergraduates enrolled at public, two-year colleges. Among first-generation students, nearly 38 percent attend community colleges, compared to 20 percent of students … Continue reading

Immigrants in US and Europe – 19% of all international migrants vs 23%

The United States has long been the top destination country for migrants worldwide, though if the European Union, Norway and Switzerland were a single country it would outrank the U.S. as a destination for international migrants. But the U.S. and Europe are quite different when it comes to their migrant populations’ origin countries. In 2015, … Continue reading

Social Media at Work in US – For a wide range of reasons

Workers turn to social media for a range of reasons while at work, with taking a mental break being among the most common Today’s workers incorporate social media into a wide range of activities while on the job. Some of these activities are explicitly professional or job-related, while others are more personal in nature. The … Continue reading

Minorities in US – The majority among infants are from them

The U.S. is projected to have no racial or ethnic group as its majority within the next several decades, but that day apparently is already here for the nation’s youngest children, according to new Census Bureau population estimates. The bureau’s estimates for July 1, 2015, released today, say that just over half – 50.2% – … Continue reading

Occupational Licensing in US – Who they are and the effects on wages and unemployment

Who is licensed? Using the newly released Bureau of Labor Statistics data, it is possible to describe licensed workers and then examine a number of important economic implications of licensing. Licensing varies substantially by occupation. Legal, education, and healthcare occupations feature licensing at particularly high rates, as shown in Figure 1. Note that the increase … Continue reading

Apprenticeship in Canada – What’s In It For My Business?

Effective Recruitment Skills shortages and the retirement of experienced tradespeople are creating an urgent need to transfer knowledge from one generation to the next, developing the skills and competencies companies need. Apprenticeship is an important recruiting strategy – providing an opportunity to grow the future workforce, sustain the supply of highly skilled workers and pass … Continue reading

Poverty in US – Who are they ?

As a share of the total working-age adult living in poverty population: 18 percent —a third of the non-workers living in poverty—are disabled. 26 percent—just under half of non-workers—are caregivers or students. 6 percent are retired, though it is important to note that only the working-age population is considered here, so this constitutes early retirement. … Continue reading

US – The Labor Market Conditions Index is going in the wrong direction

Fed officials, and other economists, have been grappling with the divergence between relatively weak reported economic growth and relatively strong job growth. Those at the Fed have largely taken the view that labor market data is more accurate, which has been true over time. Wrong Direction The Federal Reserve created an index to better measure … Continue reading

Real Wage Growth in US – Biggest gains to workers in oil and gas patches

Workers in America’s oil and gas patches have enjoyed some of the country’s biggest gains in the buying power of their paychecks over the past decade and a half, while workers in several small and mid-sized manufacturing-oriented cities have watched their buying power shrink over the same time period. A Pew Research Center analysis of federal … Continue reading

The Work Gap in US – Lower-income men’s work rates have declined by 11 percentage points

The decline in labor force participation rates has been widely documented, but the growing gulf in the work gap between the bottom third and the rest of the population is truly striking:While the share of men who are employed in the top two-thirds has been quite stable since 1980, lower-income men’s work rates have declined … Continue reading

Youth in US – The employment rate for teens fell from 43 percent in 2000 to 26 percent in 2014. Why ?

The employment rate for teens fell from 43 percent in 2000 to 26 percent in 2014, and for young adults aged 20 to 24, it fell from 70 to 62 percent. These are big drops. In a new analysis, I take a deeper look at employment trends among young people. When employment rates are broken … Continue reading

Rising Inequalities in OECD Countries – Gini coefficients 1985 vs 2013

Source: Sighing for paradise to come | The Economist

Skills in the Digital Economy – Nation’s advanced industries talent supply chain is being challenged to deliver new kinds of value in new ways

The observation that “software is eating the world” has become a truism.  However, not enough has been said about what software means for workforce development. Waves of tech have been radically changing what workers do, yet neither the workforce system nor company human resource departments have adequately responded. With digital technologies transforming firms’ talent needs, … Continue reading

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