Job Market Monitor
Report
Postsecondary Students Perceive Skills Gap in Ontario – The largest gaps in transferable skills in leadership, teamwork and creative/innovative thinking skills
Ontario students perceive gap between skills learned in postsecondary and those needed in the workplace Postsecondary students perceive a gap between the skills they think they will need in their future careers and those they are developing while in university or college, according to a survey conducted by the Higher Education Quality Council of Ontario … Continue reading
Workplace Learning and Development – At the tipping point LinkedIn finds
State of the learning and development (L&D) industry: At the tipping point Survey results indicate a tipping point in the L&D industry. Increased budgets and executive support are paving the way for talent developers to play a more strategic role. One with the support and technology to tackle day-to-day challenges, as well as more strategic … Continue reading
Reskilling and The Future of Work in US – $24,800 per displaced worker, with $4.7 billion from the private sector to reskill 25% of all workers in disrupted jobs
As the Fourth Industrial Revolution impacts skills, tasks and jobs, there is growing concern that both job displacement and talent shortages will impact business dynamism and societal cohesion. A proactive and strategic effort is needed on the part of all relevant stakeholders to manage reskilling and upskilling to mitigate against both job losses and talent … Continue reading
Women in STEM in Canada – More than 4 in 10 after five years
The underrepresentation of women in certain science, technology, engineering and mathematics and computer science (STEM) fields of study has attracted considerable attention over the last several decades. Women’s representation in STEM fields can be affected by choices and barriers at different stages of their education, including their initial field of study and whether or not … Continue reading
Family Income and Higher Education in Canada – Larger increase in earnings among youth from lower-income families
A postsecondary education has been identified as a key factor in labour market success, but youth from lower income families are far less likely to pursue a college or university education than their counterparts from higher income families. To address this gap, student loans and grants, as well as education savings incentives are largely designed … Continue reading
European Qualifications Framework for Lifelong Learning (EQF) – 39 European countries are currently developing 43 NQFs
39 European countries are currently developing 43 national qualifications frameworks (NQFs) which have reached different stages of implementation. Some countries have been or are revising their frameworks. Comprehensive frameworks gaining ground European countries tend to use their frameworks to create comprehensive maps of qualifications in all sectors (VET, higher education, general education, adult learning). Many … Continue reading
Employment in EU – Rate of people aged 20 to 64 reached a new peak at 73.2% in 2018
In 2018, the employment rate of people aged 20 to 64 in the European Union (EU) stood at 73.2%, up compared with 2017 (72.2%). The Europe 2020 strategy target is to reach a total employment rate for people aged 20 to 64 of at least 75% in the EU by 2020. This objective has been … Continue reading
Non-Standard Work – How tax systems influence choice of employment form
Recent policy discussion has highlighted the variety of ways in which the world of work is changing. In this regard, one recent development has been that many countries have seen increases in forms of non-standard work. This raises questions over whether such trends have been beneficial, representing increased flexibility and adaptability in the workforce, or … Continue reading
Going off Welfare in NZ – The highest rates of exiting benefits were men, young people, Asian and Pacific peoples, and people who had less history
Taylor Fry were commissioned by Superu to look at where people go when they move off benefit in New Zealand. We used the linked administrative datasets available on Statistics New Zealand’s Integrated Data Infrastructure (IDI) to examine the characteristics of, and outcomes for people who move off a benefit. We looked at people who moved … Continue reading
Wages – Decline in organized labor has reduced the bargaining power of labor across the developed world Bridgewater says
The biggest force behind the global profit margin expansion has been the decline in the labor share of output. A key factor that has contributed to this reduction in labor’s bargaining power versus capital is the decline of organized labor and unions. This phenomenon has occurred over decades for an array of reasons that are … Continue reading
Employers’ Recruitment Practices in UK – 9 percentage point reduction in the proportion of employers who monitor the age of their workforce during recruitment
This report presents the findings from the Department for Work and Pensions (DWP) employer engagement survey 2018, conducted by IFF Research. The employer engagement survey 2018 is the third wave of a cross-sectional representative survey of 4,201 employers across Great Britain. The survey was conducted between February and July 2018 and the previous waves of … Continue reading
Wage Growth Slowdown in Australia – The extent and causes
A range of measures show a significant slowing in wage growth in Australia over the past five years. The Wage Price Index (WPI) grew at an annual average of 2.2 per cent in the five years to December 2018, which compares with average annual growth of 3.3 per cent in the previous five years to … Continue reading
Skills for Green Jobs in Europe – No common approach to and no definition of it
Preparing for sustainable growth within the context of a circular economy is an accepted policy aim across the globe. The implications for economic sectors, and consequently for occupations, skills and relevant policies, are undeniable. In 2010 Cedefop collaborated with the International Labour Organization and reviewed the state of play regarding ‘green skills’ and ‘green jobs’ … Continue reading
Apprenticeships in UK – Should be broader, higher quality, better prepared
Apprenticeships are seen as the jewel in the crown of technical education in the UK. While they are generally perceived positively by the businesses and apprentices involved, and some significant progress has been made in recent years, there is no doubt that this particular jewel risks becoming significantly tarnished. Our evidence shows that, with the … Continue reading
The Squeezed Middle Class – The education and training systems should offer a wider range of learning opportunities at various ages OCDE says
Over the past decade, the OECD has documented the evolution of inequalities in income and opportunities in details in a series of flagship publications, from Growing Unequal? (2008), to Divided we Stand (2011), to In it Together (2015) and the latest release on The Broken Social Elevator that focused on social mobility and showed that … Continue reading
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