Job Market Monitor
A Closer Look
Education and Training – The digital disruption is pervasive
With the compound annual growth rate of education and training expenditure projected at 7 to 9 percent globally over the next few years, and with only 2 percent of overall education spend designated as digital, private companies have invested an estimated $4.5 billion in education-technology companies in 2015. In response to massive demand for more … Continue reading
US – Millennials are taking over the workplace (Infographic)
Chosen by Job Market Monitor. @ visual.ly/api/embed/50554?width=540 From Visually.
Are workers ready for a digital world?
In an increasingly digital world where the skill needs of employers are continuously evolving, policy makers need to make sure that everyone can participate and learn new skills. Recent technological change has shifted skill demands predominantly towards high- level skills. Workers need to be prepared to change jobs over their working life while avoiding unemployment … Continue reading
Refugees in the US – 84,995 admitted in 2016
The U.S. admitted 84,995 refugees in the fiscal year ending in September 2016, the most in any year during the Obama administration. An additional 31,143 refugees have been admitted to the U.S. from Oct. 1 through Jan. 24, including more than 1,136 refugee admissions since Trump became president on Jan. 20. Though refugee admissions would … Continue reading
Healthcare Jobs – How hiring language reinforces “pink collar” jobs
The way we write about healthcare jobs is leading to a shortage of labor in the industry. In general, listings for pink-collar jobs are more feminine in tone. The roles seen as most suited to women and their characteristics are full of words and phrases that statistically attract more women. This reveals an opportunity for employers … Continue reading
Growth and Employment – The challenges for the coming years
Growth continues to disappoint, both in terms of its level but also in terms of its ability to make important inroads to making growth more inclusive. The ILO’s World Employment and Social Outlook – Trends 2017 highlights the challenges for the coming year in jobs and the labour market.
Labor Force Participation in US – The CBO’s projections: a drop of 3.7 percentage points over 30 years
What Are CBO’s Current Projections of Labor Force Participation? CBO projects that the rate of labor force participation (that is, the number of people who are either working or seeking work as a share of the civilian noninstitutionalized population age 16 or older) will decline from 62.8 percent in 2017 to 61.0 percent in 2027 and … Continue reading
Artificial Intelligence (AI) and Jobs – Far from killing the jobs of knowledge workers, this tends to free them up to do what they are paid for
“Knowledge work, for the first time, can be produced at volume from NLG-AI systems,” Gould says. “Far from killing the jobs of knowledge workers, this tends to free them up to do what they are paid to do—innovate, model, refine, and improve on the expertise of their business.” “Far from killing the jobs of knowledge … Continue reading
NEET (Neither in Employment nor in Education or Training) – An indicator that is widely misunderstood and therefore misinterpreted
The share of youth which are neither in employment nor in education or training in the youth population (the so-called “NEET rate”) is a relatively new indicator, but one that is given increasing importance by international organizations and the media. The popularity of the “NEET” concept is associated with its assumed potential to address a … Continue reading
LinkedIn – The Global Top Skills
The Global Top Skills of 2016 list reveals several trends about the global job market: Demand for marketers is slowing: While marketing skills like marketing campaign management, SEO/SEM, and channel marketing were in high demand in 2015, things have changed. This year, SEO/SEM dropped five spots from #4 to #9 and marketing campaign management dropped … Continue reading
The “American Dream” – Children’s prospects of earning more than their parents have fallen from 90% to 50% over the past half century
Children’s prospects of achieving the “American Dream” of earning more than their parents have fallen from 90% to 50% over the past half century. This decline has occurred throughout the parental income distribution, for children from both low and high income families, as shown in the chart below. Most of the decline is due … Continue reading
Immigration – More efficient integration could generate an additional boost of $800 billion to $1 trillion worldwide
Realizing the benefits of immigration hinges on how well new arrivals are integrated into their destination country’s labor market and into society. Today immigrants tend to earn 20 to 30 percent less than native-born workers. But if countries narrow that wage gap to just 5 to 10 percent by integrating immigrants more effectively across various … Continue reading
Canada – Job churn a new reality for young workers
The unemployment rate for young workers has always been higher than the national average. The latest data show the youth jobless rate at about 13 per cent, nearly double the national level. The labour participation rate for youth is 63 per cent, compared with nearly 90 per cent for prime working age employees. Chosen excerpts … Continue reading
STEM – What leads people to a career in science?
It’s an important question because the road to a successful career in science – as with technology, engineering and mathematics, the other STEM fields – can be challenging, often requiring a Ph.D. or other postgraduate training. And once in their fields, there can be political and economic pressures with which to contend. The Bureau of … Continue reading
Parental Leave around the World – Which Countries Have the Most (Infographic)
Most leave policies around the world offer fully paid or partially paid time off. This pay is financed in a variety of ways including by individual employers and by the government. In addition to maternity leave and paternity leave, many countries allow for parental leave. This is extra leave that parents can take after the … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
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Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
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