Job Market Monitor
Report
New Forms of Employment in Europe – Could contribute to labour market segmentation
Although standard employment (generally full-time and permanent) remains the dominant employment type across the EU, European labour markets are increasingly characterised by a variety of different forms. These new forms of employment involve new formal employment relationships or work patterns (linked to aspects such as place of work, working time or use of ICT) and … Continue reading
COVID and Migration – The largest drop ever recorded in OECD countries
Migration flows have increased over the past decade and some progress has been made to improve the integration of immigrants in the host countries. But some of these gains may be erased by the COVID-19 pandemic and its economic fallout. Governments need to secure the health and safety of all workers in essential activities and … Continue reading
Minimum Wage in US – CBO on the impacts of a $15 per hour by June 2025 on the federal budget
If enacted at the end of March 2021, the Raise the Wage Act of 2021 (S. 53, as introduced on January 26, 2021) would raise the federal minimum wage, in annual increments, to $15 per hour by June 2025 and then adjust it to increase at the same rate as median hourly wages. In this … Continue reading
Workforce Equity in the US – Racial inequities in income already cost about $2.3 trillion per year
This new report makes the case that workforce equity must be at the center of building an equitable economy. White workers are about 50 percent more likely than workers of color to hold good jobs, and much less likely to be displaced from their jobs by automation. Median wages are higher for White workers with … Continue reading
Career Guidance for Adults – Four out of ten adults having spoken to a career guidance advisor in the past five years
With support from the JPMorgan Chase Foundation as part of the firm’s commitment to the future of work, a new OECD report fills information gaps in what we know about career guidance services for adults: What share of adults use career guidance? What distinguishes users from non-users? Are some types of career guidance more effective … Continue reading
Covid Jobs Recovery – Can EMs Create Enough Jobs?
The COVID-19 pandemic derailed global growth and EMs suffered an unprecedented activity collapse. Recovery from the crisis continues to be bumpy, but we think that the focus will soon shift back to the medium-term growth outlook in EM. Several pre-COVID-19 research notes documented a secular decline in EM growth, which can complicate job creation, possibly … Continue reading
COVID Impacts on Global Labour Income – estimated to have declined by 10.7 per cent, or US$ 3.5 trillion, in the first three quarters of 2020
The devastating losses in working hours caused by the COVID-19 pandemic have brought a “massive” drop in labour income for workers around the world, says the International Labour Organization (ILO) in its latest assessment of the effects of the pandemic on the world of work. Global labour income is estimated to have declined by 10.7 … Continue reading
The Inequality Virus – World’s poorest people recovery could take 14 times longer than the top 1,000 billionaires
The coronavirus pandemic has the potential to lead to an increase in inequality in almost every country at once, the first time this has happened since records began. The virus has exposed, fed off and increased existing inequalities of wealth, gender and race. Over two million people have died, and hundreds of millions of people … Continue reading
Global views on AI and Job Automation – Mixed survey finds
As artificial intelligence (AI) plays a growing role in the everyday lives of people around the world, views on AI’s impact on society are mixed across 20 global publics, according to a recent Pew Research Center survey. A median of about half (53%) say the development of artificial intelligence, or the use of computer systems … Continue reading
Universal Basic Income (UBI) in British Columbia – Should be the central element of its transfer system experts panel says
2. Report summary Through this report,we endeavour to present comprehensive, consistent, and evidence based advice to the B.C. government in response to the tasks set out in the terms of reference. We do this in six parts, which: • introduce our task and provide a summary of the report (Part 1) • present a justice-based … Continue reading
The Lack of Diversity the Top – Why ? A weak sense of belonging and difficulty navigating professional environments
It’s a persistent myth: if a company recruits enough employees from underrepresented racial and ethnic groups, a sufficient number will, over time, rise through the organization to create a diverse culture at all levels. But that is not happening. Although efforts to recruit employees from racially and ethnically diverse backgrounds have become more effective, in … Continue reading
Upskilling and Reskilling in Europe – A potential of 128 million adults (46.1% of the adult population)
As 2020 approaches, and the EU is still far from attaining its benchmark of 15% adult participation in learning, our societies face multiple challenges: technological changes, including digitalisation and its consequences for the future of work; ageing societies; the need for the greening of the economy; and social inclusion. Europe must improve and maintain high-level … Continue reading
Skills for the Post-Pandemic Canada – 8 areas for further research
How can we transform Canada’s skills policy landscape to address new trends in how we live, work, learn and socialize in the post-pandemic world? This scoping report takes stock and identifies 8 areas for further research. Pre-COVID-19 trends and pandemic revelations The world of work exists largely as a function of the skills, education and … Continue reading
Automation in Canada – The risk of significant technology-induced unemployment remains low for the near future
Key demographic groups are more vulnerable to job loss through automation than average, according to a C.D. Howe Institute report supported by the Diversity Institute at Ryerson University and the Future Skills Centre. In “The Next Wave: Automation and Canada’s Labour Market,” author Rosalie Wyonch assesses the likely impact of technological automation on Canada’s labour … Continue reading
What skills do we need for the future? It depends
Right now, upskilling your workforce is a matter of survival. Massive workforce shifts in 2020 have forced countless workers to refresh their current skills — and build new ones. If you’re wondering what skills are critical to you moving into 2021, it depends entirely on who you are, where you work, and what you do. … Continue reading
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