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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
Canada, 2016 Census – 10.8% increase in median total household income in 10 years
The median total income of Canadian households rose from $63,457 in 2005 to $70,336 in 2015, a 10.8% increase. Today, Statistics Canada is releasing data from the 2016 Census on the incomes of Canadians. This release presents incomes of Canadians as measured in 2015, and looks at trends over the 2005-to-2015 period, a decade of significant income growth and economic change. Chosen excerpts by Job Market … Continue reading
Janitors at Two Top Companies – 35 years between their jobs
Gail Evans and Marta Ramos have one thing in common: They have each cleaned offices for one of the most innovative, profitable and all-around successful companies in the United States. For Ms. Evans, that meant being a janitor in Building 326 at Eastman Kodak’s campus in Rochester in the early 1980s. For Ms. Ramos, that … Continue reading
Job Report in Canada, August 2017 – Employment was little changed, unemployment rate at 6.2%, matching the most recent low of October 2008
Employment was little changed in August (+22,000 or +0.1%). The unemployment rate declined by 0.1 percentage points to 6.2%, matching the most recent low of October 2008, the month prior to the 2008-2009 labour-market downturn. An increase in the number of people working part time (+110,000) was mostly offset by a decline in the number of people employed full time (-88,000). While … Continue reading
Australia – A strong association between casual employment and financial hardship
Employment and economic well-being are very closely related. Employment is the key means of generating income to both pay for current expenses and save for the future. Hence, volatile earnings and jobs can lead to severe financial stress. The past two decades have registered substantial changes in the overall structure of employment in many western … Continue reading
August 2017 Job Report in US – Disappointing with total nonfarm payroll employment increased by 156,000
Total nonfarm payroll employment increased by 156,000 in August, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in manufacturing, construction, professional and technical services, health care, and mining. Household Survey Data In August, the unemployment rate, at 4.4 percent, and the number … Continue reading
Portugal – Raising skills remains a priority and lifelong learning activities should focus more on the low skilled OECD says
Despite significant progress made, improving skills remains one of Portugal’s key challenges for raising growth, living standards and well-being. Upskilling the adult population remains a priority and lifelong learning activities should focus more on the low skilled. While active labour market policies have increased their training content in recent years, spending per unemployed is still … Continue reading
Unemployment in Europe (July 2017) – At 9.1% for the Euro area and 3.792 million under 25 unemployed in the EU28
The euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in July 2017, stable compared to June 2017 and down from 10.0% in July 2016. This is the lowest rate recorded in the euro area since February 2009. The EU28 unemployment rate was 7.7% in July 2017, stable compared to June 2017 and down from 8.5% … Continue reading
Income inequality in Germany – A rapid increase in the skill premium for young medium- skilled workers
The rise in inequality in many OECD countries over the last decades has triggered a rich body of academic work. Scholars agree in general that recent changes in inequality are mainly driven by inequality of labor incomes which in turn are closely related to skill premiums. In this paper, we ask whether skill-biased technological change … Continue reading
The Future of Work – Launch of the ILO’s Global Commission
The Prime Minister of Sweden Stefan Löfven and the President of Mauritius, Ameenah Gurib-Fakim, along with the ILO Director-General Guy Ryder launched a Global Commission on the Future of Work today at the International Labour Organization’s headquarters in Geneva, Switzerland. Chosen excerpts by Job Market Monitor. Read the whole story at B-roll: Launch of the ILO’s Global … Continue reading
US – Who is out of the labor force?
In this analysis, we explore the following questions about the approximately 24 million men and women of prime working age who were not in the labor force in 2016. Key findings are: Women with a high school education or less are overwhelmingly the largest group of Americans out of the labor force. After excluding caregivers … Continue reading
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