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Global Labour Market – Where are the jobs?

Labour markets are evolving and adapting to technological advances, innovations in business and production processes and the emergence of new economic activities, the demand for new services and the data revolution. Global employment has been increasing for many decades now, and is expected to continue doing so at least in the near future. But where … Continue reading

Skills Gap – Use of data from 21st century skills assessments

With the learning goals of education shifting to include a broader range of skills, the challenge globally is how to support students in developing these skills. The components of the education system must be aligned to support the development of 21st century skills, and the qualitatively different structure of these skills requires some completely new … Continue reading

Global Wage Report 2018/19 – The lowest wage growth globally in 2017 since 2008

Global wage growth in 2017 was not only lower than in 2016, but fell to its lowest growth rate since 2008, remaining far below the levels obtaining before the global nancial crisis. Global wage growth in real terms (that is, adjusted for price in a- tion) has declined from 2.4 per cent in 2016 to … Continue reading

Skills Gap – How to address the opportunities and challenges for skill development in the digital economy

The pervasiveness of digital technologies in daily life is fundamentally changing the way individuals access and elaborate knowledge. Individuals have to process complex information, think systematically and take decisions weighting different forms of evidence. They also have to continuously update their skills to match rapid technical change at the workplace. More fundamentally, in order to … Continue reading

Skills Gap – How occupationally relevant knowledge, skills and competences can be recorded better and made visible

Many European states are debating how occupationally relevant knowledge, skills and competences can be recorded better and made visible. Some EU countries have made considerable progress in the identification and recognition of competences acquired via informal and non-formal means. They have established validation systems which accord such competences a value on the labour market. In … Continue reading

Training in UK – 10% had participated in formal learning and 42% in non-formal learning or training in the last 12 months

This report presents the results from the 2016 Adult Education Survey (AES). AES was designed to capture information on participation in various types of learning, as well as on people’s perceived barriers and incentives to learning, and access to information about learning opportunities. Learning is subdivided into three categories: • Formal learning – learning that … Continue reading

Digital Literacy for Gilrs – #eSkills4Girls

Under Germany’s G20 presidency in 2017, the initiative #eSkills4Girls was launched to improve digital skills and employment perspectives for girls and women in particular in low income and developing countries. As part of the initiative,a report was published which examines the factors that influence the pathways of girls and women who aspire to enter, are … Continue reading

First Nations Off Reserve in Canada – Shortage of jobs the most commonly cited barrier to finding employment

A quarter of a million First Nations people living off reserve are of core working age The off-reserve First Nations population continues to grow significantly, and is projected to represent an increasing percentage of the total population. As it is also a young population, there is potential for young First Nations workers to enter the … Continue reading

OECD – The decoupling of wages from productivity

Several OECD countries have been grappling not only with slow productivity growth but have also experienced a slowdown in real average wage growth relative to productivity growth, which has been reflected in a falling share of wages in GDP. At the same time, growth in low and median wages has been lagging behind average wage … Continue reading

The future of Work and Digital Skills – Learning from Grow with Google

Digitisation is transforming the nature of work, as well as many aspects of social and civic life. Digital skills are vital for individuals and national economies to prosper in a rapidly-changing world, bene ting from the opportunities of digital and remaining resilient to potential risks. More than 90 per cent of jobs in some categories … Continue reading

UK Employer Skills Survey, 2017 – 13% of employers reported skills gaps affecting 1.27 million staff or 4.4% of the total UK workforce

The UK Employer Skills Survey (ESS) is one of the largest business surveys in the world, with the data in this report based on survey responses from over 87,000 employers. This research provides a comprehensive source of intelligence on the skills challenges that UK employers face both within their existing workforces and when recruiting, the … Continue reading

US – Labor market is operating at or beyond its full potential FRBSF finds

How much do demographic changes affect the overall LFP rate trend? To quantify how much of the decline in the aggregate LFP rate is driven by changes in the composition of the population, we construct two hypothetical aggregate LFP rate scenarios. In this approach, we use Current Population Survey (CPS) microdata from the Bureau for … Continue reading

The Future of Work – The skill sets required in both old and new occupations will change

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others. The skill sets required in both old and new occupations will change in … Continue reading

Credential Chaos in US – 308,942 credentials are adding to the confusion created by the different types of credentials

In the 1950s and 1960s, skilled workers, whether factory workers, white-collar employees, or managers and salaried professionals, tended to work for the same rm for many years—often their entire careers.1 In the words of economist Paul Osterman, “The typical American worker averaged the same number of years at their employer as did the average Japanese … Continue reading

Future of Jobs and Millennials – The challenges to boost employability

While the changing nature and organisation of work stands to impact societies and economies around the world, there is one group of individuals for whom these changes are particularly salient—the ‘millennials’. Born between 1980 and early 2000s, millennials have surpassed the previous generations—Generation X and Baby Boomers—as the largest generation in history, and now comprise … Continue reading

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