Job Market Monitor
Report
The New Digital Economy in US – 72% of adults have used at least one of 11 different shared and on-demand services
A number of new commercial online services have emerged in recent years, each promising to reshape some aspect of the way Americans go about their lives. Some of these services offer on-demand access to goods or services with the click of a mouse or swipe of a smartphone app. Others promote the commercialized sharing … Continue reading
Youth in UK – 47 per cent say that an academic education alone is not enough to secure a job
Youth unemployment is a blight on the lives of millions of young people across the UK and brings with it serious financial and social implications for productivity and growth. Every major economy preparing for the future will look to the next generation as the source of fresh ideas, innovation and entrepreneurship. But with 625,000 young … Continue reading
Literacy and Numeracy and Age – Adults aged 55 to 65 are less proficient than adults aged 25 to 34 OECD says
The greying of the population is already creating challenges for governments in the long-term financing of healthcare, ageing care and pension systems, and because of the potentially negative effects on economic growth. Governments have to nd ways to keep older adults in the labour market and encourage investment in the development of the skills of older workers. … Continue reading
Skilled Trades Careers in Canada – 57 per cent of parents favour university as a post-secondary option
Parental influence over the education and career decisions of their children make them an important target audience for apprenticeship stakeholders committed to promoting apprenticeship and the skilled trades. To inform future career awareness outreach efforts and youth recruitment strategies, CAF-FCA undertook a national survey with parents across Canada in 2014, comparing results to findings from … Continue reading
Requirements in Job Advertisements – Employers are demanding with Formal education remaining the most important criterion
This paper analyses a sample of approximately two million job advertisements obtained from an online job portal called “Burning Glass”, in order to identify employers’ demands for the 30 most-frequently advertised occupations in the United States. With this sample of vacancies, we investigate how demanding employers are for occupations of different levels of complexity (two … Continue reading
Underemployment in Europe in 2015 – 10.0 million or 22.4% of all part-time workers and 4.6% of total employment
Among the population aged 15 to 74 in the European Union (EU), 220 million were employed, 23 million were unemployed and 136 million were economically inactive in 2015. Around 8 in every 10 persons employed in the EU were working full time and 2 in 10 part-time. Among these 44.7 million persons in the EU … Continue reading
Publicly Funded Training in UK – Not possible to identify any unambiguous impact
Two strands of econometric analysis were undertaken – the first to assess the impact of training on productivity and the wage bill controlling for both publicly funded training (derived from the matched ILR-EDS-IDBR data) and overall training intensity (derived from the ESS) at . The second strand of analysis replicated the industry-level approach at (although … Continue reading
The Graduate Effect of Higher Education Spillovers – The case of Australia
The Australian economy is undergoing a major transition. A shift is underway from the mining construction boom era—in which significant resources were applied to the development of our natural resources— to a new phase in our history. We are now faced with the challenge of diversifying our economy and seizing new opportunities through innovation, entrepreneurship … Continue reading
Occupational Outlook in UK (2014-2024) – Driven by the evolving pattern of demand for goods market
The changing industry mix of employment, which is driven by the evolving pattern of demand for goods market. Occupational employment structure varies considerably across industries. Occupations that are concentrated in growing sectors will gain employment in contrast to those concentrated in declining sectors. The chart provides an overview of the performance of broad sectors of … Continue reading
Career and Technical Education (CTE) – The more CTE courses students take, the better their education and labor market outcomes
Until the late 1990s, “vocational education” in traditional trades such as carpentry, cosmetology, and auto mechanics was often the presumptive high school placement for low-performing students considered ill-suited for college. However, in the past two decades, policymakers and educators have reconsidered what is now referred to as “Career and Technical Education” (CTE). Done right, secondary … Continue reading
Projected Growth in the World Population – 83 million people annually
Currently, the world population continues to grow though more slowly than in the recent past. Ten years ago, world population was growing by 1.24 per cent per year. Today, it is growing by 1.18 per cent per year, or approximately an additional 83 million people annually. The world population is projected to increase by more … Continue reading
Career and Technical Education (CTE) in US – The more courses students take, the better their education and labor market outcomes
Until the late 1990s, “vocational education” in traditional trades such as carpentry, cosmetology, and auto mechanics was often the presumptive high school placement for low-performing students considered ill-suited for college. However, in the past two decades, policymakers and educators have reconsidered what is now referred to as “Career and Technical Education” (CTE). Done right, secondary … Continue reading
Job Outlook in Alberta’s Oil Sand Sector – A decrease of 84% of on-site construction jobs by 2020
In today’s economic environment, fluctuations in oil prices are resulting in regular revisions of capital and operating expenditure projections. This report, together with other industry and sectoral employment outlooks to be released in 2016, serve to provide projected employment based on 2015 spending projections, as well as forecasted production volumes released by the Canadian Association of Petroleum … Continue reading
International Comparaison of Skills in US – Not measurably different in literacy, but more unequal, below in numeracy and problem solving according to PIAAC
In literacy, the U.S. average score (272) was not measurably different than the PIAAC international average score (273) (see figure 1-A). Compared with the PIAAC international average distribution of literacy skills, the United States had a larger percentage of adults performing at both the top and the bottom of the distribution (13 versus 12 percent … Continue reading
NEET – Keeping students engaged
The young people taking part in these support programmes were identified by their schools at the end of Year 9 to be at risk of disengaging from education. Our survey conducted in 2013 suggested that in many respects the young people were very similar to the national average, but in comparison they were not as … Continue reading
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