Job Market Monitor
Report
NEETs around the World – The global NEET rate is estimated to have increased from 21.7 per cent to 22.4 per cent
Global concerns about the large numbers of young people who are neither in employment, education or training have led to the adoption of the NEET rate, as part of the 2030 Agenda for Sustainable Development, as an indicator of progress towards Sustainable Development Goal 8.6. Evidence of progress to date is not very encouraging; between … Continue reading
Upskilling and Reskilling Needs in Europe – 128 million adults or 46.1% of the adult population of this area
This study is the first volume of Cedefop research on empowering adults through upskilling and reskilling pathways. It estimates the magnitude of the low-skilled adult population according to a broader conceptualisation which goes beyond educational attainment levels, and considers digital skills, literacy and numeracy, as well as skill loss and skill obsolescence. The study also … Continue reading
Canada’s Black Population – Black youth have higher educational aspirations than other youth, but lower levels of educational attainment
To better understand the educational pathways of the Black population, a cohort of young people was followed over a decade, from 2006 to 2016. Results indicate that young Black people were as likely as other young Canadians from the same cohort to obtain a high school diploma, but were less likely to obtain a postsecondary … Continue reading
Skills and Education in Canada – Students find it challenging to translate their understanding of skill requirements into concrete choices about education, training and careers
When stepping into post-secondary education, students are at crossroads while they make important decisions and investments amid considerable uncertainty. While this may be the unavoidable norm, better career development and targeted labour market information (LMI) can support students in making informed career decisions and successful transitions by providing data and insights on educational and labour … Continue reading
Skill Gap – 87 percent of companies say they either are experiencing gaps now or expect them within a few years
The findings from our survey suggest that companies lack the talent they will need in the future: 44 percent of respondents say their organizations will face skill gaps within the next five years, and another 43 percent report existing skill gaps (Exhibit 1). In other words, 87 percent say they either are experiencing gaps now … Continue reading
Canada – Population growth concentrated in urban regions, fuelled by permanent and temporary immigration
Canada continues to be more urbanized as the population of Canada’s census metropolitan areas (CMAs) rose to 27.0 million (71.7%). CMAs outpaced growth in the rest of the country (1.7% versus 0.6%). Permanent and temporary immigration continues to drive population growth in Canada’s CMAs, accounting for almost all of their growth in 2018/2019. In contrast, international migration accounted for … Continue reading
Closing the Skills Gap – IBM’s enterprise guide
Skills availability and quality are in jeopardy The skills challenge will not dissipate; in fact, it’s increasing in severity. Global labor markets are only tightening, as unemployment rates continue to decline. Compounding the issue, new skills requirements continue to emerge, while other skills are becoming obsolete. And while digital skills remain vital, executives tell us … Continue reading
The future of Work – The new social contract in the 21st century
In a report, The social contract in the 21st century: Outcomes so far for workers, consumers, and savers in advanced economies, the McKinsey Global Institute takes an in-depth look at changes in 22 advanced economies in Asia, Europe, and North America, covering 57 percent of global GDP. Among the findings: while opportunities for work have … Continue reading
US – Automatic Stabilizers in the Federal Budget, 2020 to 2030
Federal revenues and outlays regularly respond to cyclical movements in the economy in ways that tend to dampen those movements; the budget mechanisms that drive that process are known as automatic stabilizers. Those mecha- nisms help stabilize the economy automatically, without any legislated changes in tax or spending policies. In this report, the Congressional budget … Continue reading
The Future of Work – Three challenges and a government blueprint
Digital and artificial intelligence technologies will likely have a substantial economic and social impact. Governments can act now to create shared prosperity and better lives for all citizens. Three challenges While automation has the potential to boost economic growth, it poses some key challenges to the nature of work. The public senses this shift. In … Continue reading
Global Social Mobility Index 2020 – There are only a few nations with the right conditions to foster it
The World Economic Forum has created a new index to measure social mobility, providing a much-needed assessment of the current state of social mobility worldwide. The index reveals there are only a few nations with the right conditions to foster social mobility. Chosen excerpts by Job Market Monitor. Read the whole story @ Global Social Mobility Index … Continue reading
Global Skills Mismatch – Affects 1.3 billion people worldwide is imposing a 6% annual tax on the global economy
A skills mismatch that affects 1.3 billion people worldwide is imposing a 6% annual tax on the global economy in the form of lost labor productivity. Boston Consulting Group (BCG) explores this and other findings in its report titled Fixing the Global Skills Mismatch, which is being released today. According to the report, the skills … Continue reading
Construction Workers in Ontario – Retaining employees in the skilled trades
Compared to workers in most other sectors in Canada, construction workers are happier, more satisfied, and more fulfilled. Many regard their own occupations as practically ideal for them: The wages and benefits are excellent. It challenges their body and mind. They are always learning. They find their work stimulating. They … Continue reading
Digital Skills Most In Demand in Job Postings in Canada – Not highly technical programming languages, but everyday digital skills
To illuminate the different combinations of skills that Canadians need to be competitive in the labour market, we have partnered with Burning Glass Technologies (Burning Glass) to examine job posting data from January 2012 to December 2018. This data covers all of the English- language online job postings in Canada, and reflects the combination of … Continue reading
Gig Economy in Canada – Rose from 5.5% to 8.2% between 2005 to 2016, with low annual income
The gig economy is a much-discussed global phenomenon, and mainstream and social media continue to speculate about the number of gig workers in Canada. Gig workers are usually not employed on a long-term basis by a single firm; instead, they enter into various contracts with firms or individuals (task requesters) to complete a specific task … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
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