Job Market Monitor
Report
Online Learning in UK – Two thirds of the workforce use it to help with work
The Learning Curve, a new report by Demos, supported by Google, finds that 10% of the UK’s economy output can be linked to online learning. Demos polled 20,000 people in the biggest report of its kind looking at online learning habits and their impact on people’s lives in the UK. That research was paired with in … Continue reading
College-Educated Immigrants in US – Nearly 13 million accounting for 45 percent of software developers, 42 percent of physical scientists, and 29 percent of physicians
Nearly 13 million immigrants have a four-year college degree or better. But these highly educated immigrants are not spread evenly throughout the labor market. They make up disproportionate shares of certain jobs, especially in the science and technology fields, accounting for 45 percent of software developers, 42 percent of physical scientists, and 29 percent of … Continue reading
Earnings of Grads in UK – Overall estimates obscure important heterogeneity in returns across subjects
This report provides estimates of the earnings returns to completing postgraduate degrees, for British and Northern Irish students studying in Britain. We use the Longitudinal Education Out- comes (LEO) dataset to account for differences in individuals’ background and prior university attainment to estimate the impact of postgraduate qualifications on earnings at age 35, relative to … Continue reading
Covid, Government Financial Support and Output in US – Will boost GDP by 4.7 percent in 2020 and 3.1 percent in 2021, by about 59 cents for every dollar over 3 years
In March and April of 2020, four major federal laws were enacted in response to the 2020 coronavirus pandemic. Those laws, which contained a wide array of conventional and unconventional fiscal policies, will add $2.3 trillion to the deficit in fiscal year 2020 and $0.6 trillion in 2021, according to the Congressional Budget Office’s estimates. … Continue reading
Regions in Europe – The Eurostat regional yearbook 2020
What is the share of young and old people in the regions of the European Union (EU)? Is the risk of poverty in my region higher or lower than elsewhere in the EU? Which region has the largest economy? Which region invests most in research and innovation? How do people in my region use the … Continue reading
Finland’s Universal Basic Income Experiment – A small increase in employment, a huge boost to well-being
As income inequality and economic upheaval take center stage, is a guaranteed minimum income worth considering? Results from a two-year experiment in Finland offer clues. A small increase in employment In the design of the Finnish experiment, the main research question, agreed to by parliament in the enabling legislation, was the impact of a basic … Continue reading
Covid and Immigration in Australia – How have previous recessions affected migration
This short paper outlines the key issues for migration policy in the context of Australia’s labour market including: • The labour market outcomes of migrants, including the occupations in which temporary migrants and Australian workers are engaged; • Historical evidence of the positive impacts that migrants have had on the Australian economy, citing CEDA studies … Continue reading
Skills in Australia – Over 1400 qualifications and almost 17,000 units of competency on offer
The number of qualifications and competencies The present array of over 1400 qualifications and almost 17,000 units of competency on offer has been described as bewildering by the Productivity Commission. It is important to recognise, however, that these key features of the design and content of the train- ing system are in fact very much … Continue reading
Remote Work and Productivity – Majority maintain or improve it says a survey of 12,000 employees
To assess employee sentiment on these changes, from the end of May through mid-June we surveyed more than 12,000 professionals employed before and during COVID-19 in the US, Germany, and India. The respondents work in roles such as analysts, engineers, HR personnel, teachers, and health care providers (but generally not in jobs performed onsite such … Continue reading
Skills in Australia – For a business-led upskilling agenda
Where next for skills? COVID-19 has triggered unprecedented change in the workforce. How can business-led upskilling drive productivity and growth in the workforce. What can businesses do to give employees the right skills for the future of work? To enable a Business-led upskilling effort government need to; Work with business to deliver more responsive upskilling … Continue reading
Gig Economy and Self-Employed in UK – For a new self-employment centres, a Minimum Income Guarantee and a parity of rights and social security
Empowering the self-employed workforce Self-employment has risen significantly over the past two decades. The Covid-19 pandemic has exposed the fragile nature of work for many people in the UK – and the self-employed workforce is no exception. In this report, we bring to the fore some of the shared challenges faced by self-employed people, especially … Continue reading
Covid and Youth Unemployment in UK – Delivering an ‘opportunity guarantee’
We are facing the worst jobs crisis in a generation – with young people (18–24) set to be hit particularly hard. Covid-19 is first and foremost a health crisis, but it has increasingly morphed into an economic one as well. However, this will be fundamentally different to the 2008–9 crisis. In particular, it will result … Continue reading
Covid and Jobs in Latin America and the Caribbean – 42.4% in sectors at high risk and 16.5% in sectors at medium-high risk
Employment Situation in Latin America and the Caribbean is a twice-yearly report prepared jointly by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Office for the Southern Cone of Latin America of the International Labour Organization (ILO). The coronavirus disease 2019 (COVID-19) pandemic hit Latin America … Continue reading
Earnings of Grads by detailed fields prior to COVID-19 in Canada – Three new studies
The COVID-19 lockdown has resulted in record youth unemployment rates, which could adversely affect postsecondary graduates for years to come. Although it is too early to know which graduates will be worst hit, students entering college or university and having to select a program might benefit from knowing how well graduates from specific academic disciplines fared … Continue reading
Moving to Higher-Wage Jobs – While destination jobs can and should be viable options for workers without a bachelor’s degree, 89 percent of current job postings list a bachelor’s degree as a requirement
Prior to the COVID-19 pandemic, a common concern expressed by CEOs of American companies was that the United States suffers from a shortage of qualified talent, which makes it difficult for their companies to fill their most in-demand jobs in management, technology, and healthcare. Yet there is a population of people who are rarely considered … Continue reading
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