Job Market Monitor
A Closer Look
Gender Gap in Europe – Women in the EU earned on average 16% less than men in 2016
In 2016, the unadjusted gender pay gap stood at just over 16% in the European Union (EU). In other words, women earned on average 84 cents for every euro a man makes per hour. Across Member States, the gender pay gap in 2016 ranged from just over 5% in Romania and Italy, to more than … Continue reading
Career Counseling in Japan – People in a better situation in terms of satisfaction, regular employment ratios, annual income and promotion
In FY2016, the Japan Institute for Labour Policy and Training (JILPT) conducted a large-scale questionnaire survey to search for evidence on the effects of career counseling. In the survey, subjects were divided into those with past experience of receiving career counseling or similar types of counseling support, and those without such experience. Both groups were … Continue reading
Refugees in Northern Europe – Chances of finding work increase with each year of residence but plateau at a rate significantly below
Since the late 1970s, wealthy Northern European countries have been popular destinations for both humanitarian and labor migrants. The EU accession of formerly communist Eastern European countries in the early 2000s led to a substantial increase in labor migration toward Northern Europe. Overall, these migrants have found it reasonably easy to find work and are … Continue reading
Millennials in US – Expected to outnumber Boomers in 2019
Millennials are on the cusp of surpassing Baby Boomers as the nation’s largest living adult generation, according to population projections from the U.S. Census Bureau. As of July 1, 2016 (the latest date for which population estimates are available), Millennials, whom we define as ages 20 to 35 in 2016, numbered 71 million, and Boomers … Continue reading
Future of Work – Automation is a threat to low-income Workers unless the education and workforce systems change
In order to help low-income workers weather the economic storm of automation, a number of changes to the education and workforce retraining systems are needed: 1. Better data must be provided so that practitioners and policymakers can predict and measure the impact of automation and adjust their training programs accordingly. These resources need to be … Continue reading
Gender STEM Gap in US – More college degrees overall, but earn a minority of undergraduate degrees issued in stem fields
U.S. women earn more college degrees than men overall, but earn a minority of undergraduate degrees issued in stem fields In their study of gender disparities in education and employment, Ana Maria Munoz-Boudet and Ana Revenga, two experts from the World Bank, found that gender gaps in STEM fields are common around the world. … Continue reading
Vocational and Technical Education in US – Public sector students outperform for-profit students on nearly every measure study finds
In a forthcoming paper for the Journal of Human Resources, co-authored with Federal Reserve Board of Governors Senior Economist Nicholas Turner, we generate comprehensive new estimates of labor market outcomes and debt incurred by students in vocational (or career-technical education, “CTE”) certificate programs in the for-profit sector. We compare for-profit students’ outcomes to the outcomes … Continue reading
AI and the Future of Jobs – 5 schools of thought and three actions for shaping the future
The future of the workforce is one of the biggest issues facing CEOs today. It’s abundantly clear to all that artificial intelligence, big data analytics, and advanced robotics make it possible for machines to take on tasks that once required a person to do them. How should companies prepare, strategically, to thrive in this world? … Continue reading
Automation and Jobs – The false choice
Between 75 million to 375 million people globally may need to switch occupational categories by 2030, depending on how quickly automation is adopted. It is no small challenge. The jobs gained will require higher educational attainment and more advanced levels of communication and cognitive ability, as work requiring rote skills such as data processing or … Continue reading
The Future of Work – In one chart
You’ve seen the headlines: “Robots Will Destroy Our Jobs—and We’re Not Ready for It.” “You Will Lose Your Job to a Robot—and Sooner Than You Think.” “Robots May Steal as Many as 800 Million Jobs in the Next 13 Years.” Such stories are tempting to take at face value. Who wouldn’t want to know if their … Continue reading
Women in STEM in US – More likely to say they have experienced discrimination in the workplace
For women working in science, technology, engineering or math (STEM) jobs, the workplace is a different, sometimes more hostile environment than the one their male coworkers experience. Discrimination and sexual harassment are seen as more frequent, and gender is perceived as more of an impediment than an advantage to career success. Three groups of women … Continue reading
African American STEM Workers in US – Six-in-ten have faced discrimination on the job
Blacks who work in science, technology, engineering and math fields are more likely than STEM workers from other racial or ethnic backgrounds to say they have faced discrimination on the job. They also stand out in their views about workplace diversity, according to a new Pew Research Center report. Roughly six-in-ten black STEM workers (62%) … Continue reading
Future of Work in US – Roughly three-quarters of Americans think it’s realistic that robots and computers might one day do many jobs
Many Americans expect certain professions to be dominated by automation in their lifetime – but few see their own jobs at risk. Roughly three-quarters of Americans think it’s realistic that robots and computers might one day do many jobs currently done by humans, and sizable majorities expect jobs such as fast food workers and insurance … Continue reading
Digital Skills in Europe – Needs greater than the number of graduates
Despite an overall difficult economic situation, the digital sector is expanding rapidly and continuing to create jobs. According to the European Commission, the prospects for employment growth in the sector are estimated at 2% per year on average by the year 2020. A survey report by the Joint Occupations and Skills Observatory for the Digital, … Continue reading
Gender Gaps in US Workforce – 10 facts
Below are 10 facts about women in the workforce. 1. Women’s labor force participation has stagnated and reversed since 2000 Over the past half century, women have made substantial progress in the labor market. Between 1962 and 2000, women’s labor force participation—defined as the percentage of women ages 16 and older either working or actively … Continue reading
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