Job Market Monitor
Report
Immigrants in Canada – Recent immigrants have higher entry wages and more work experience prior to admission than before
Immigrants admitted to Canada in 2016 reported a median entry wage of $25,900 in 2017, the highest recorded among immigrants admitted since 1981. Although the entry wages of recent immigrants have increased over the past few years, their income remains lower than that of the overall Canadian population. The Canadian Income Survey estimated the Canadian population’s median wage at $36,100 in 2017. … Continue reading
STEM-educated Immigrants in Canada – The country of education appears to be an important determinant
This paper examines the skill utilization and earnings of employed immigrants with a university degree in the science, technology, engineering, and mathematics (STEM) fields. Unlike earlier papers, which dealt with immigrant STEM graduates as a whole, this paper disaggregates the results by field of study and degree level (bachelor’s, master’s, and doctoral). In 2016, immigrants … Continue reading
Over-education Immigration in Canada – Recent immigrants experienced a clear occupational downgrading
The educational attainment of the Canadian population has been rising rapidly in recent decades. There is concern that educational expansion has outpaced demand, leading to an increased prevalence of over-education. Over-education is defined as educational qualification that exceeds what is required to adequately perform the job. This study uses census data to document the rising … Continue reading
Upskilling – 366,000 people in 197 countries surveyed
In one of the largest global surveys of labor trends and work preferences, BCG and online recruiting company the Network surveyed 366,000 people in 197 countries. The results revealed that most people are prepared to retrain for a new position. If people feel that their livelihoods are affected by global megatrends, it follows that … Continue reading
New PISA – Most countries, particularly in the developed world, have seen little improvement over the past decade OECD finds
One in four students in OECD countries are unable to complete even the most basic reading tasks, meaning they are likely to struggle to find their way through life in an increasingly volatile, digital world. This is one of the findings of the OECD’s latest PISA global education test, which evaluates the quality, equity and … Continue reading
Commuting in Canada – The proportion of people working 25 kilometres (km) or more from the city centre is increasing
Using data from the 1996 and 2016 Census of Population, this study examines the geographic location of jobs, people’s commute and how they have changed over time. The commuting patterns for Canada’s eight largest census metropolitan areas (CMAs)—Toronto, Montréal, Vancouver, Calgary, Ottawa–Gatineau, Edmonton, Québec and Winnipeg—are compared. Since 1996, jobs have been moving away from … Continue reading
The Skills Gap in US – A look at the skill gap skeptics arguments
There can be no question that American employers have a record number of unfilled jobs. For the past year, the number has hovered around 7 million. As of early January 2019, the number reported by the U.S. Department of Labor Bureau. Faced with real numbers, skill gap skeptics make several arguments besides denying the validity … Continue reading
Skills and Credentials – We need a viable, globally recognised credential system
Few people realise the profound changes that a focus on professional capabilities and resulting micro-credentials have made both to global education and the recognition of individual expertise. This paper outlines and examines the opportunities and results from a concerted effort to effectively assess, recognise and credential human capability across all workforces and all levels of work, … Continue reading
Labour Market Policy in Europe – Time-series for key variables covering the period 2004-2016
This publication presents statistics on labour market policy interventions implemented by EU countries and Norway in 2016, together with time-series for key variables covering the period 2004-2016. Labour market policies are financial and practical policies that can help people in disadvantaged groups in the labour market move from inactivity and unemployment into employment or find … Continue reading
Reskilling and Upskilling in UK – National Retraining Partnership and National Retraining Scheme
The Fourth Industrial Revolution is changing the world of work at rapid pace and driving up the level of skills required. But this picture is complicated further by declining levels of adult participation in learning precisely at the time it needs to be going up. The UK skills situation is made more challenging by a … Continue reading
Pension Systems – Governments need to quickly put in place more inclusive and harmonised pensions for all OECD says
Governments should urgently reform their pension systems to ensure that the growing share of workers in temporary or part-time employment can contribute enough during their working lives to receive an adequate income in retirement, according to a new OECD report. Pensions at a Glance 2019 says that non-standard employment, such as self-employment, temporary or part-time … Continue reading
Immigrants in EU – Second-generation outperform natives on the labour market but …
Second-generation migrants with an EU background are more likely to be employed and in high-performing positions, such as managerial roles, than first-generation migrants – and even outperform natives in terms of employment rate. Having a European background plays a significant role: 81% of second-generation migrants with at least one parent born in the EU are … Continue reading
Qualification Profiles in Australia – A general mismatch with many workers holding qualifications that ‘exceed’ the skill requirements for their occupation
Changes in the qualification profiles of workers is one indicator of changes in the supply and demand for education and training. Using Australian Census data on highest qualification held (which may understate the incidence of VET qualifications if they were obtained after completing higher education) this project analyses how tertiary qualification profiles in occupations changed … Continue reading
NEETs in Canada – 11.1% of Canadian youth, more likely to have poorer self-reported physical and mental health
Youth not in employment, education or training (NEET) are considered to be at risk for long-term economic and social difficulties. The number of youth NEET is important to Canada and has also become a global issue, as evidenced by its inclusion as an indicator in the United Nations Sustainable Development Goals. To date, most of … Continue reading
Reskilling – CEOs are now focussed on reskilling and upskilling their existing workforce says PWC’s 22nd CEO Survey
Automation, primarily in the form of robotics and artificial intelligence, brings with it the promise of improved productivity and higher profits — but at what cost to employment and, by extension, to society? What responsibility do corporations have to reskill employees who otherwise would be displaced by technology? And what value does reskilling offer an … Continue reading
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