Job Market Monitor
Report
Jobs Recovery and Older Workers in US – 1.1 Million of them out of the labor force
In the final months of 2020, as the pandemic surged again and businesses were forced to scale back or close, the initial labor market recovery stagnated. For older workers, however, the recovery didn’t just pause—it took several steps back. Older workers (ages 55 and older) gained an insignificant number of jobs between August 2020 and … Continue reading
Overeducation in Canada – The gap between supply and demand went from zero to an 10-percentage point
“Stay in school!” is the rallying cry of many Canadian parents who see education as the key to improving their children’s standard of living. In fact, more education is generally associated with higher salaries and better working conditions. It is also linked to a wide range of other benefits, including increasing a country’s economic prosperity.… … Continue reading
Racial Equity in US – Advancing it in the workplace is a system-level challenge
Advancing racial equity in the workplace is a system-level challenge-ranging from the structural inequities of geography to underrepresentation in industries and jobs that could create additional opportunity to the behaviors of the workplace itself. In the United States, Black workers account for 15 million, or 12 percent, of the 125 million US private-sector workers. The … Continue reading
Work After Lockdown in UK – Working from home under lockdown has disrupted norms
The Work After Lockdown project explores how crisis-driven working from home activates wider change in how people want to work and how organisations respond. Working from home under lockdown has disrupted norms and thinking around the need for office presence. People have adapted quickly and worked well from home. Productivity is good. At the same … Continue reading
‘Work & Skills’ for the Long-Term Unemployed in UK – Between 1 to 1.6 million people who have been out of work for 12 months or more
A new ‘Work & Skills’ initiative is needed for people who are long-term unemployed. Next year there could be between 1 to 1.6 million people who have been out of work for 12 months or more. This could be the highest since the 1980s and will have drastic implications for families and whole communities across … Continue reading
After Covid – Sweeping societal change will make life worse for most people experts say
A plurality of experts think sweeping societal change will make life worse for most people. Still, a portion believe things will be better in a ‘tele-everything’ world. Asked to consider what life will be like in 2025 in the wake of the outbreak of the global pandemic and other crises in 2020, some 915 innovators, … Continue reading
Upskilling – Wide-scale investment in upskilling has the potential to boost GDP by $6.5 trillion by 2030
Upskilling for Shared Prosperity is a call to action. It makes the economic case for providing employees with learning and development opportunities to expand their horizons while minimizing skills gaps. The report highlights certain challenges but also presents upskilling’s advantages. The report’s key findings include: 1. Wide-scale investment in upskilling has the potential to boost … Continue reading
Recovery After Covid in Canada – New spending should target the problems that are holding Canada’s productive capacity back
Any further debt-financed stimulus should be temporary, essential, and targeted to improving the economy’s productive capacity, says a new report from the C.D. Howe Institute. At their most recent meeting, the Fiscal and Tax Working Group discussed what form new fiscal stimulus should take, but remained unconvinced that a large stimulus package is appropriate at … Continue reading
Over 50s and Jobs in UK – Much of the existing research is narrow and lacks high-quality data and analysis
This review looks at the evidence around active labour market policies aimed at tackling the challenges of worklessness amongst those aged 50 and over. Recent employment rates for the 50-64 age group have hit a record high. However, in general, people aged 50 and above continue to face greater difficulty in accessing work-related training and … Continue reading
Platform Work in Europe – 6 recommandations for future policy development
Policy Brief #3 focuses on the impacts of the digitalisation of work via platforms, sometimes called ‘platform work’ and delivered through a business model often referred to as ‘Uberisation’. Drawing on the existing evidence base, it outlines the opportunities and challenges of this work. It then summarises current policy thinking before recommending that future policy … Continue reading
Apprenticeship in US – How to build and sustain a high-quality system
The 2016 election heightened an ongoing debate in the United States about how best to respond to two of the foremost economic challenges of the current era: stagnant wages and a dearth of promising career prospects for American workers without a bachelor’s degree. These challenges persist despite a dramatic increase in recent decades in years … Continue reading
National Qualifications Framework (NQF) – The six stages of development
The following six stages describe the development of national qualifications frameworks (1): (a) explorative stage; (b) design stage; (c) adoption stage; (d) activating stage; (e) operational stage; (f) review stage. Figure 1.The cyclical character of NQF developments To be able to deliver according to expectations, frameworks continuously need to adapt to changing context and requirements … Continue reading
Social and Emotional Skills (SES) in Canada – Do not to advance a western, Eurocentric perspective on the skills that individuals ought to have
When we asked participants across Canada to identify the most important skills for career success, they overwhelmingly identified social and emotional skills. This summary details their concerns, challenges, and suggestions. Document Highlights Participants expressed concern that young people struggle to develop social and emotional skills. Some felt that younger workers’ dependence on technology inhibited their … Continue reading
Labour Shortages in Healthcare in Canada – Some recommendations
This report evaluates factors contributing to healthcare labour shortages and investigates the inter-relationships between access to health services, the number of healthcare providers, compensation rates and migration patterns. Recommendations include a critical and strategic examination of fee schedules for physician services, with the goal of reducing the average cost per service but strategically increasing remuneration … Continue reading
Covid and Career Shifts in US – Most unemployed have considered changing occupations
About half of U.S. adults who are currently unemployed and are looking for a job are pessimistic about their prospects for future employment. A new Pew Research Center survey finds that about half of U.S. adults who are currently unemployed, furloughed or temporarily laid off and are looking for a job are pessimistic about their … Continue reading
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