Job Market Monitor
Report
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
Future of Jobs in Canada – How will Canadian youth be prepared to the shift from a jobs economy to a skills economy
Canada is facing a quiet crisis. In the coming decade, half of all jobs will be disrupted by technology and automation. Some will change dramatically. Others will disappear completely, replaced by jobs that are yet to be invented. We are living through an era of radical change, with the latest advancements in artificial intelligence and … Continue reading
Employment Insurance Coverage in Canada, 2017 – Eligibility rate down for youth and for people aged 45 and over
The eligibility rate for receiving regular Employment Insurance (EI) benefits was 84.3% in 2017, little changed from the previous year. The eligibility rate was also little changed for men and women, but was down for youth and those aged 45 and over. Infographic Employment Insurance coverage and eligibility Eligibility rate down for youth and for people aged 45 and … Continue reading
National Qualification Framework in France – A guide
This report is the result of the many drafts produced by the Céreq project team that worked with the NQF-In partnership in order to reach a mutual understanding of the process of incorporating qualifications into National Qualifications Frameworks. As the following chapters will show, France benefits from a firmly established, centralised qualification system governance whose … Continue reading
Skills Mismatches in Europe – Addressing them can increase competitiveness
Skills mismatches are widely accepted as a factor that drags down on potential economic growth and as such require concrete policy measures both at the EU and national level. Current and long-term demographic trends make this an issue of particular acuteness – against a projected decline in the labour force and an increase in the … Continue reading
Digital Literacy – Conclusions from international comparative surveys
While digital technology plays an increasingly important role in our lives, and political systems are mobilizing to make the most of its leverage effect on innovation and economic growth, 56% of adults lack digital skills, according to the Organization for Economic Cooperation and Development (OECD). This report looks at the conditions impacting the development of … Continue reading
Skill Gap in US – New hires are not well-prepared to perform at a high level in a professional environment, primarily because of insufficient soft skills survey finds
Business and academia in the U.S. have traditionally been able to equip new workforce recruits with the hard skills they need to perform at a high level in the workplace. But with the regular ow of new technologies and business models into the market, today’s employees must navigate all this change with a varied skill … Continue reading
Talent Gap in Startups in Australia – Some highly-skilled positions serve as bottlenecks for growth
Talent is an important part of any business. For tech businesses, where high value products are created almost exclusively from human intellectual capital, talent is particularly critical. A shortage of talent therefore risks severely limiting growth in any emerging tech sector. People with the skills and experience necessary to rapidly grow a startup from a … Continue reading
Future of Work – The impact of the new technologies on labour markets and income distribution is not predetermined UN says
There are many concerns that technological innovation will lead to increased unemployment, suppressed wages and greater inequality. However, the impact of the new technologies on labour markets and income distribution is not predetermined. The right policy mix and institutional arrangements can ensure that the benefits of innovation are shared broadly, an essential step to achieving … Continue reading
VET – Improving its image
Collective ideas on the image of vocational training not only influence individual decisions, but also have a broad impact on the social investment in education and training, in the quality, acceptance in the labour market, and finally, mismatches between supply and demand in the labour market. The concept of collective images refers to: 1. More … Continue reading
Agile Workplace in Europe – In none of four countries surveyed do more than about one in six employees (16%) fall into the “agile” category
In operational terms, the concept of agility can be defined as employees’ capacity to gather and disseminate information about changes in the environment, and respond to that information quickly and expediently. From a strategic perspective, this combination of speed and data-driven innovation is increasingly important for many businesses to maintain a competitive advantage. At Gallup, … Continue reading
Future of Work and the Skills Gap – A net positive outlook for jobs, while no less than 54% of all employees will require significant re- and upskilling by 2022,
As technological breakthroughs rapidly shift the frontier between the work tasks performed by humans and those performed by machines and algorithms, global labour markets are undergoing major transformations. These transformations, if managed wisely, could lead to a new age of good work, good jobs and improved quality of life for all, but if managed poorly, … Continue reading
Global Extreme Poverty – Decline continues but has slowed
Fewer people are living in extreme poverty around the world, but the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030 and pointing to the need for increased pro-poor investments, the World Bank finds. The percentage of people living in extreme poverty globally fell to a new … Continue reading
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