Job Market Monitor
Report
STEM Education in UK – 61 per cent felt that technical skills would have been more advantageous than academic skills
This report is not concerned with exams. It focuses on how well schools and educators are doing in helping students to develop the technical skills needed for successful careers. We surveyed STEM workers aged under 35 years to understand how they had made the journey from school to work, exploring not only their experience of … Continue reading
STEM – What kind of careers in science do 15-year-old boys and girls expect for themselves?
What kind of careers in science do 15-year-old boys and girls expect for themselves? • On average across OECD countries, almost one in four students – whether boy or girl – expects to work in an occupation that requires further science training beyond compulsory education. • Boys are more than twice as likely as girls … Continue reading
US – How to reduce integration barriers facing foreign-trained immigrants
Nearly 2 million college-educated immigrants and refugees in the United States are not working in middle- or high-skill jobs despite possessing years—sometimes decades—of education and work experience. More than half of these immigrants earned their college degrees abroad, coming to the United States with academic credentials and in some cases significant professional experience. They include … Continue reading
Online talent platforms economic impacts in the United States, the United Kingdom, Germany, Japan, China, India, and Brazil
Online talent platforms are increasingly connecting people to the right work opportunities. By 2025 they could add $2.7 trillion to global GDP, and begin to ameliorate many of the persistent problems in the world’s labor markets, write James Manyika, Susan Lund, Kelsey Robinson, John Valentino, and Richard Dobbs in a report issued by McKinsey Global … Continue reading
US – Employers see a solid business case for offering paid family leave
A growing number of companies are moving to provide paid family leave for their US employees—and they’re not all in industries you might expect. In addition to technology, financial services, and professional services firms, such organizations include food and beverage manufacturers, retail and food services companies, and even the US Department of Defense. And while … Continue reading
Future of Work – We are not facing an employment crisis but a work revolution the World Employment Confederation (International Confederation of Private Employment Services) says
The World Employment Confederation (formerly Ciett) looks into the future of work and urges policymakers to cooperate with the employment industry to determine enhanced international labour regulation As the world of work becomes increasingly flat and interconnected, new global labour policies and regulation are required to deal with issues that go beyond national or regional … Continue reading
UK – Almost 1 million people aged 50-64 have been made ‘involuntarily jobless’
Age-old assumptions about when working life should end are rapidly changing. Increasing numbers are choosing to work beyond State Pension Age (SPA) and many are having to work longer than planned to assure their income in retirement, particularly in light of recent changes to SPA. As a society we have failed to grasp and respond, … Continue reading
US – Americans are hustling to adapt to new labor force realities Pew finds
For the past several decades, employment has been rising faster in jobs requiring higher levels of preparation – that is, more education, training and experience. The number of workers in occupations requiring average to above-average education, training and experience increased from 49 million in 1980 to 83 million in 2015, or by 68%. This was … Continue reading
Tech Is Changing “Matching” in the Workforce
As technological innovations have boosted data collection and processing capabilities in the last decade, tools and platforms using this technology have changed or accelerated how job seekers and employers nd each other. Combined with overall labor market trends that see workers changing jobs more frequently and a higher need for more specialized skills, these matching … Continue reading
Labor Market Outlook for 2017 and 2018 in US – The employment shortfall will shrink CBO says
CBO expects slack in the labor market to disappear over the next two years, as the growth of aggregate demand increases the demand for labor, eliminating the shortfall between actual and potential employment by the end of 2018 (see the figure below). That estimate is the effect of two expected developments. First, the gap between … Continue reading
For a World-Class Apprenticeships
This paper looks at the rising tide of interest in apprenticeship reform globally.Following the ‘Great Recession’ of 2008, many nations are seeking to tackle the adverse effects of youth unemployment and middle class wage stagnation by creating better employment opportunities, uprating human capital, and reforming technical and vocational training systems. Reform is particularly evident in … Continue reading
Integration – Language matters the most
In U.S., Canada, Europe, Australia and Japan, publics say language matters more to national identity than birthplace The tide of people moving across the world, be they immigrants or refugees, has sparked concern in Australia, Europe and the United States. In particular, the ethnic, linguistic and cultural background of migrants has triggered intense debates over … Continue reading
Skills Recognition – Recommendations for key stakeholders by ILO
The ILO has prepared this set of Recommendations on strengthening skills recognition systems, as countries seek strategies to enhance the employability of workers and the productivity of enterprises. The ILO conducted extensive research and case study analysis of the potential impact of such systems on labour markets, leading to the identification of lessons learned, good … Continue reading
US – A continuous decline in the overall participation rates until 2060 BLS says
In the Census Bureau’s latest projections, the growth rate (percentage change) of the resident population is projected to decrease in the long term. In 2022, the share of natural increase and immigration in projections of the resident population will be equal and at 50 percent. The civilian noninstitutional population is projected to grow from … Continue reading
Mutual Recognition of Qualifications – Six regulated occupations in the tourism sector of Southeast Asia
Seeking to improve the intraregional mobility of workers in the tourism sector and six regulated occupations, the Association of Southeast Asian Nations (ASEAN) between 2005 and 2014 signed accords meant to speed the mutual recognition of professional and academic qualifications. By jointly setting standardized rules for mutual recognition and renouncing, in part or in full, … Continue reading
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