Job Market Monitor
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AI and the Future of Work – Almost 40 percent of global employment is exposed to AI, with advanced economies at greater risk
Artificial intelligence (AI) is set to profoundly change the global economy, with some commentators seeing it as akin to a new industrial revolution. Its consequences for economies and societies remain hard to foresee. This is especially evident in the context of labor markets, where AI promises to increase productivity while threatening to replace humans in … Continue reading
AI and the Future of Skills – Healthy human adults share some basic skills that AI systems do not have
Artificial intelligence (AI) and robotics are major breakthrough technologies that are transforming the economy and society. To understand and anticipate this transformation, policy makers must first understand what these technologies can and cannot do. The OECD launched the Artificial Intelligence and the Future of Skills project to develop a programme that could assess the capabilities … Continue reading
Construction Skills Fund in UK – Did not meet its target for the proportion of ready participants finding sustained employment of at least three months
The Construction Skills Fund 2 (CSF2) was funded by the Department for Education (DfE) and administered and implemented by the Construction Industry Training Board (CITB). Funding of £7.5 million was awarded to 14 projects (hubs) to deliver training and job brokerage. Training activities took place between April 2020 and March 2021, with participants’ outcomes monitored … Continue reading
Careers Guidance in UK – Careers Leaders do not always have the time and capacity to effectively fulfil their role
The system of careers education, information, advice and guidance (CEIAG) has seen much change in recent years. Since responsibility for CEIAG was transferred to schools and colleges in 2012, the landscape has developed significantly, in particular with the introduction of the Gatsby benchmarks and the 2017 Careers Strategy. We appear to have reached a point … Continue reading
Gallup-Amazon’s Careers of the Future Index – Information and perspective for career path
Gallup has partnered with Amazon Future Engineer, Amazon’s global philanthropic computer science education program, to create the Careers of the Future Index (CFI). The public database aims to provide young adults and their advisers with transparent and useful data about the economic prospects of careers in the United States, and to inform industry and other … Continue reading
Foundation Skills in Australia – Definitions
Foundation skills landscape There is clear consensus about the strong value of foundation skills. Multiple researchers have demonstrated the relationship between literacy and numeracy skills and positive outcomes for individuals, communities and the economy. A variety of terms have been used to describe foundation skills including core, generic, basic or enabling skills. Broadly speaking, they … Continue reading
AI – Has rapidly become a part of the cultural and business zeitgeist LinkedIn finds
The Future of Work Report: AI at Work, November 2023 uncovers the latest real-time trends we see around how AI is ushering a new world of work, grounded in LinkedIn’s unique labor market insights, based on one billion professionals and 67 million companies. Explore our latest findings and insights around: Professionals’ conversations and sentiments towards … Continue reading
Green Transition in EU – Climate policies will need to be accompanied by strong investments in skills policies
If countries are to achieve ambitious climate targets, climate policies will need to be accompanied by strong investments in skills policies. Skills policies, which comprise education and training policies targeted at both young people and adults, can play an essential role in ensuring that greening the economy does not lead to new forms of vulnerability. … Continue reading
Strategic Sectors in UK – How to situate a skills strategy in an economic strategy
Investing in human capital is a crucial aspect of building an economy that is both more productive and fairer, and any growth strategy must incorporate an agenda for increasing human capital and workforce skills within that. So how should we approach the task of developing a skills strategy that complements a broader economic strategy? In … Continue reading
Vies on Jobs in US – Most are highly satisfied with their relationship with their co-workers and manager, but relatively few feel the same about their pay, opportunities for promotion
In the wake of the Great Resignation and amid reports of “quiet quitting,” only about half of U.S. workers say they are extremely or very satisfied with their job overall, according to a new Pew Research Center survey. Even smaller shares express high levels of satisfaction with their opportunities for training and skills development, how … Continue reading
LinkedIn’s Global Green Skills Report 2023 – Share of green talent in the workforce rose by a median of 12.3% while the share of job postings requiring at least one green skill grew twice as quickly
The Global Green Skills Report 2023 identifies trends at the intersection of the workforce and sustainability, based on the activity of more than 930 million LinkedIn users worldwide. This report includes critical questions that policymakers, business leaders, and others might explore as they seek to develop regulations, programs, and policies that foster green skills development … Continue reading
Skilled Trades in US – The 4-year degree path may not be for everyone
America’s decades-long prioritization of the 4-year degree has pushed anew generation away from the skilled trades. What can industries that needskilled-trade workers do about it? There are 10 million open jobs in America. And roughly 6 million of them need to be filled by people without a college degree. The 4-year degree path may not … Continue reading
Ageing Workforce in OECD – People between the ages of 45 and 64 account for some 40% of the working-age population
The world of work is getting older in advanced and an increasing number of emerging economies. Today people between the ages of 45 and 64 account for some 40% of the working-age population in OECD countries, up from 28% in 1990.Two powerful and persistent trends, longer lifespans and lower birth rates, all but guarantee that … Continue reading
Immigration to OECD Countries in 2022 – 26% increase compared with 2021
Permanent migration to OECD countries reached 6.1 million in 2022, a 26% increase compared with 2021, and its highest level since at least 2005. 15 out of the 38 OECD countries registered in 2022 their highest levels of permanent migration over the past 15 years. Rising labour migration was one contributing factor, as migrant workers … Continue reading
AI Capabilities and Risks in UK – A discussion paper
This discussion paper was written to inform discussions at the AI Safety Summit 2023. It does not represent government policy. Generative AI development has the potential to bring significant global benefits. But it will also increase risks to safety and security by enhancing threat actor capabilities and increasing the effectiveness of attacks. • The development … Continue reading
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