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US – The United States is not adequately developing and sustaining a workforce with the skills needed to compete in the 21st century says the National Academies of Sciences, Engineering, and Medicine

The United States needs a skilled technical workforce to remain competitive in the global economy and to ensure that its workers participate in the nation’s economic growth. There are significant opportunities as well as major challenges in this regard. Notably, rigorous evidence indicates that the returns to investments in technical skills in the labor market … Continue reading

Workforce Development in US – Fed’s Capstone Conference 2017

Investments for workforce development require a foundation of institutional supports that will ensure accountability. This panel, representing diverse perspectives from the public, private and nonprofit sectors, will explore the institutions, policies and norms needed to establish, reinforce and facilitate new and increased investments. via Investing In America’s Workforce 2017 – YouTube

School-to-Work Transition in France – No improvement for young people with lower secondary qualifications only

Against the background of a weak economic recovery, access to employment for young people in the 2013 cohort was slightly more favourable than for the preceding cohort. In 2016, three years after they had left the education system, one young worker in five was looking for a job; in the case of those with only … Continue reading

Job Vacancies in Canada, Q2 2017 –  460,000, up 67,000 (+17.2%) from last year

The number of job vacancies totalled 460,000 in the second quarter, up 67,000 (+17.2%) from the second quarter of 2016. The overall job vacancy rate rose 0.4 percentage points to 2.9%. Increases in job vacancies were broadly based across provinces and industrial sectors. This was the third consecutive quarter with year-over-year increases in both the number of job vacancies and the job vacancy … Continue reading

Service Sector Basic Skills Gap in US – 62% of workers have limited literacy skills, and an even higher 74% have limited numeracy skills.

Across the United States, millions of men and women with limited reading, math, or digital problem-solving skills are holding down jobs across the service sector. Employed in retail shops and restaurants, hotels and hospitals, these workers not only help fuel the country’s economy — they keep daily life in America humming smoothly along. In the … Continue reading

Low unemployment is failing to spur robust increases in wages

Even as job markets are tight in many major economies, low unemployment is failing to spur robust increases in wages, leaving workers angry. In many major countries, including the United States, Britain and Japan, labor markets are exceedingly tight, with jobless rates a fraction of what they were during the crisis of recent years. Yet workers … Continue reading

Job Report in US, September 2017 – Employment down by 33,000 after hurricanes

The unemployment rate declined to 4.2 percent in September, and total nonfarm payroll employment changed little (-33,000), the U.S. Bureau of Labor Statistics reported today. A sharp employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey.   Chosen excerpts by Job … Continue reading

Job Report in Canada, September 2017 – Employment and unemployment essentially unchanged

Employment was essentially unchanged in September (+10,000 or +0.1%). The unemployment rate remained at 6.2%, matching the low of October 2008. Chart Unemployment rate Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, September 2017

Euro Area, August 2017 – The unemployment rate was 9.1% with 754 million young persons unemployed under 25

The euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in August 2017, stable compared to July 2017 and down from 9.9% in August 2016. This remains the lowest rate recorded in the euro area since February 2009. The EU28 unemployment rate was 7.6% in August 2017, down from 7.7% in July 2017 and from 8.5% … Continue reading

Higher Immigration in Canada – Integration is imperative says the Conference Board

Comparing the Three Scenarios In the Status Quo scenario, real GDP grows by an average annual rate of 1.85 per cent between 2017 and 2040. Under the medium immigration scenario, the 450,000 immigrants arriving in Canada in 2040 contribute 0.45 percentage points to average annual real GDP growth of 1.94 per cent over the forecast … Continue reading

European Round Table of Industrialists – Building and transforming skills for a digital world

The ongoing digitisation of society and business enables new ways of living, producing and consuming. Some speak of a Fourth Industrial Revolution as new technologies disrupt current business models and offer opportunities. To remain competitive in this global digital market and to maintain our overall welfare, European industry is shaping and converting to this new … Continue reading

Getting more girls and women into STEM education and careers

Despite significant improvements in recent decades, education is not universally available and gender inequalities persist. A major concern in many countries is not only limited numbers of girls going to school, but also limited educational pathways for those that step into the classroom. This includes, more specifically, how to address the lower participation and learning … Continue reading

Workplaces in US – Gallup data reveal an unsettling pattern

There is an urgency for leaders to define and convey their vision more clearly — and rally employees around it. Gallup data reveal an unsettling pattern in the U.S. workplace. Employees have little belief in their company’s leadership. We have found that just: • 22% of employees strongly agree the leadership of their organization has … Continue reading

Global Human Capital Report 2017 – The Top 10 countries

Efforts to fully realize people’s economic potential – in countries at all stages of economic development – are falling short due to ineffective deployment of skills throughout the workforce, development of future skills and adequate promotion of ongoing learning for those already in employment. These failures to translate investment in education during the formative years … Continue reading

HR – CEOs’ selected strategies for meeting the Human Capital challenge

CEOs know that meeting their most urgent business growth challenges is inextricably linked to the strength of their human capital base. Effective use of human capital resources remains a critical issue for our respondents, and their strategies to improve productivity center on developing talent from within, improving leadership skills and pipeline, and building a performance … Continue reading

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