Job Market Monitor
Report
Employment in Europe – Higher-paid jobs have continued to grow faster
During 2016, employment in the EU finally returned to the same level as before the global financial crisis. The recovery that began in 2013 has resulted in the net creation of eight million new jobs. Most of this net new employment has been created in services, but there has also been a marked rebound in … Continue reading
Working Poors in the EU – Policy attention should rather be on minimum household income
The working poor are a substantial group in the overall poverty statistics and are estimated to constitute 10% of European workers. This report examines in-work poverty in the European Union, picking up where a previous Eurofound report on this subject, published in 2010, ended. It looks at how in-work poverty evolved in the aftermath of the financial crisis of 2008, based … Continue reading
The Future of Work – Artificial Intelligence (AI) won’t replace most jobs but people using it are starting to replace people who don’t
As AI is increasingly applied to knowledge work, a significant shift will likely take place in the workplace, affecting many jobs in the Western middle class. Contrary to recent dire predictions about AI’s effect on employment, our survey suggests cautious optimism. Most respondents, for example, do not expect that AI will lead to a reduction … Continue reading
Transition From School to Work in OECD – 13% of 15-19 year-olds have already left school
Most people in OECD countries make the transition from education to work between the ages of 20 and 24, but 13% of 15-19 year-olds have already left school. The transition from school to work is more difficult for young people without upper secondary education. On average across OECD countries, 36% of 20-24 year-olds who were … Continue reading
Labour slack in the EU – Around 50 million people
The unemployment rate is an important and well-publicised measure of labour market performance in developed market economies. It is currently high in the EU compared with other developed countries and still well above its historical average nearly a decade a er the beginning of the global financial crisis. But focusing exclusively on the unemployment rate … Continue reading
The Future of Work – 95% believe they need new skills to stay relevant at work
Digital has already delivered a major blow to businesses slow to respond. There’s more to come. The very concept of work is being redefined as different generations enter and exit the workforce amidst a rapidly changing technological landscape. Responsive and responsible leaders at the very highest levels of the organization must act to harness the … Continue reading
The Future of Work – The Middle East and North Africa
Education and work in the Middle East and North Africa region will determine the livelihoods of over 300 million people and drive growth and development for generations to come. As one of the youngest populations in the world, it is imperative that the region make adequate investments in education and learning that hold value in … Continue reading
Degree Reclamation in US – 35 million aged 25 years and older have “some college, no degree”
MILLIONS OF AMERICANS have attended college, accruing significant amounts of college credit, without ever receiving a college credential that appropriately recognizes their learning and effort. In 2015, there were more than 35 million such Americans aged 25 years and older, a group widely recognized as having “some college, no degree.” Millions of Americans enter higher … Continue reading
Gig Labor Market – The Case of Uber
One of the major labor market issues affecting Uber drivers is occupational licensing. About one-quarter of the U.S. workforce must acquire a license from the government in order to work for pay (Bureau of Labor Statistics 2016). In some cities—New York, for example—ride-sharing without a taxi license is illegal. The requirements for licensure in New … Continue reading
Working Conditions in US – The workplace is very physically and emotionally taxing, both for workers themselves and their families Rand’s report says
This report introduces the American Working Conditions Survey (AWCS), a survey of individuals designed to collect detailed information on a broad range of working conditions in the American workplace. The AWCS was fielded in 2015 on the RAND American Life Panel, a nationally representative (when weighted) sample of individuals residing in the United States who … Continue reading
Skills Gap – Measuring skills mismatch
Skills supply (skills possessed by the labour force) and skills demand (skills demanded by employers) are central concepts in the economic analysis of employment structure and dynamics. The interaction between supply and demand has in turn led analysts to look into another dimension, skills mismatch — a concept that is rapidly gaining in importance for … Continue reading
The future of Work – Adaptability is the key
One clear lesson arises from our analysis: adaptability – in organisations, individuals and society – is essential for navigating the changes ahead. It’s impossible to predict exactly the skills that will be needed even ve years from now, so workers and organisations need to be ready to adapt – in each of the worlds we … Continue reading
The Future of Work – A framework for understanding
What are the components that collectively constitute “the future of work”? Perhaps the logical place to begin is with the forces that are driving these changes (figure 1). Based on our experience and research, we have identified three forces that are shaping the nature of future work and the future workforce: Technology. Technological advances—for example, … Continue reading
The four faces of the alternative workforce
Some companies already recognize the challenges of maintaining a consistent culture across locations and extending it to people in alternative workforce arrangements. Consider the challenge that Snap Inc., the parent of Snapchat, acknowledged when it filed its IPO. Snap Inc. broke the Silicon Valley mold by launching its IPO without a designated corporate headquarters. In … Continue reading
Diversity and Inclusion – 71 percent of surveyed organizations aspire to have an inclusive culture
As organizations face shifts in globalization, employee expectations, and the competitive landscape, the topic of diversity and inclusion is becoming increasingly critical. Our latest research found that 71 percent of surveyed organizations aspire to have an inclusive culture, but only 12 percent have achieved this objective. Organizations should find new ways of thinking about diversity … Continue reading
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