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Apprenticeship training in Finland
Apprenticeship training in Finland: • Apprenticeship training is a primarily work-based form of providing VET carried out under the supervision of a workplace instructor and based on the student’s stated competence need. • Apprenticeship training is based on a written fixed-term employment contract between an employer and a student, in which the student agrees to … Continue reading
UK – Achieving three million more apprentices by 2020
The book, A Race to the Top: Achieving Three Million More Apprentices by 2020, is published by Winchester University Press. It concludes that while apprenticeships are in a good place today, benefiting from increasing employer leadership and government prioritisation, there is plenty still to do if we are to transform apprenticeships for the future. This … Continue reading
Job Report in US, October 2016 – Total nonfarm payroll employment rose by 161,000
Total nonfarm payroll employment rose by 161,000 in October, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, professional and business services, and financial activities. Household Survey Data The unemployment rate, at 4.9 percent, and the number of … Continue reading
Unemployment in EU, September 2016 – 10.0%, down from 10.6% in a year with 4.125 million young persons out of job
The euro area (EA19) seasonally-adjusted unemployment rate was 10.0% in September 2016, stable compared to August 2016 and down from 10.6% in September 2015. This is the lowest rate recorded in the euro area since June 2011. The EU28 unemployment rate was 8.5% in September 2016, stable compared to August 2016 and down from 9.2% … Continue reading
HR – Leadership and talent management capabilities have a strong correlation with financial performance
Unlike other disciplines, such as corporate finance, leadership and talent management is a relatively undeveloped field in the application of data- and evidence-based approaches to value creation. Most companies do not address the most fundamental questions around leadership and talent development, despite huge expenditures—$40 billion annually by some estimates. Still, some companies get it right. … Continue reading
The Nordic Countries – Working there
Apart from a number of differences between the countries in the Nordic region as regards the structure and policies of their labour markets generally, there is a core of common types of approaches, standards and values which together de ne the nature of working life and labour market policy in the Nordic countries so that … Continue reading
The Price of College in US – Financial challenges are a consistent predictor of non-completion in higher education
Our research indicates that the current approach to higher education financing too often leaves low-income students facing unexpected, and sometimes untenable, expenses… Financial challenges are a consistent predictor of non-completion in higher education, and they are becoming more severe over time. Unexpected costs, even those that might appear modest in size, can derail students from … Continue reading
Job Vacancy in Canada, second quarter 2016 – Declined by 45,000 (-10.3%) in a year
Canadian employers reported 392,000 job vacancies in the second quarter, and the job vacancy rate was 2.5%. Compared with the second quarter of 2015, the number of job vacancies declined by 45,000 (-10.3%), and the job vacancy rate decreased by 0.3 percentage points. Job vacancy rate declines in most provinces and territories In the second quarter, the job vacancy rate declined in seven … Continue reading
Job Growth in US – Startup businesses at historically low rates
The U.S. economy is inching along, productivity is flagging and millions of Americans appear locked out of the labor market. One key factor intertwined with this loss of dynamism: The U.S. is creating startup businesses at historically low rates. The American economy has long relied on fast-growing young companies to fuel job growth and spread … Continue reading
Youth – One in ten jobs have been destroyed since 2007 OECD finds
Fifteen percent of the OECD youth population were not in employment, education or training (NEET) in 2015 – about 40 million young people. More than two-thirds of them were not actively looking for work. The total gross income that could have been generated by NEETs in 2014 is estimated to have been between USD 360-605 … Continue reading
Skills Gap and Tertiary Education in New Zealand – Employer satisfaction with graduates is mixed
There are mixed opinions on how well New Zealand’s tertiary system prepares graduates for employment. For example, Universities New Zealand (sub. 17) submitted that it is a myth that universities are producing poor quality graduates or graduates that are not work ready. Others, including Ed.Collective (sub. 89) offered a different assessment. …there are areas where … Continue reading
Skills Gap – A tech-talent list
In today’s rapidly changing digital landscape, companies that understand their talent needs and know how to meet them have a competitive edge. Here’s how they do it. While there is a broad range of skills needed, this set should be part of any company’s tech-talent list: Experienced designers and engineers. As customer experience becomes increasingly … Continue reading
The Future of Jobs – Rethinking education systems, incentivizing lifelong learning and cross-industry and public-private collaboration
The impact of technological, demographic and socio-economic disruptions on business models will be felt in transformations to the employment landscape and skills requirements, resulting in substantial challenges for recruiting, training and managing talent. Several industries may find themselves in a scenario of positive employment demand for hard-to-recruit specialist occupations with simultaneous skills instability across many … Continue reading
Euro area – Unemployment at 10.1%, 4.276 million young persons unemployed in the EU28
The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in July 2016, stable compared to June 2016 and down from 10.8% in July 2015. This remains the lowest rate recorded in the euro area since July 2011. The EU28 unemployment rate was 8.6% in July 2016, stable compared to June 2016 and down from 9.4% … Continue reading
Job Vacancy in Canada (first quarter 2016) – Declined by 72,000 (-17.9%)
There were 328,000 job vacancies among Canadian employers in the first quarter, and the job vacancy rate was 2.1%. Compared with the first quarter of 2015, the number of job vacancies declined by 72,000 (-17.9%), and the job vacancy rate decreased by 0.5 percentage points. Job vacancy rate declines in most provinces and territories From the first quarter of 2015 to the first quarter of 2016, … Continue reading
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