Job Market Monitor
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NEET in UK – 11.8% or 853,000 young people (aged from 16 to 24) Not in Education, Employment or Training
There were 853,000 young people (aged from 16 to 24) in the UK who were Not in Education, Employment or Training (NEET), an increase of 5,000 from July to September 2015 and down 110,000 from a year earlier. The percentage of all young people in the UK who were NEET was 11.8%, up 0.1 percentage … Continue reading
Skills Gap – Is this a reason to question the increasingly vocational nature of university courses?
Professional and vocational courses requiring 5 years’ post-secondary study are supposed to meet speci c needs for competences in a given area of employment. Young graduates believe they have acquired the speci c competences they think their employers require. In their view, the shortfall lies in their general competences. Is this a reason to question … Continue reading
VET perception and Attractiveness in Europe – The chance to earn while learning is a key
With astonishing rates of youth unemployment across many european member states, policy makers are increasingly called into action in order to tackle a generational plague affecting both european youth, and the overall prosperity of the continent. The observation that countries with low youth unemployment rates are those where Vocational Education and Training (VET) and apprenticeship programmes … Continue reading
Income inequality in UK – Gini coefficients from 1977 to 2014/15
There are a number of different ways in which inequality of household income can be presented and summarised. Perhaps the most widely used measure internationally is the Gini coefficient. Gini coefficients can vary between 0 and 100 and the lower the value, the more equally household income is distributed. Analysis of Gini coefficients for all … Continue reading
Income from the Platform Economy in US – Increased 47-fold over three years
Americans experience tremendous income volatility, and that volatility is on the rise. Income volatility matters because it is hard to manage. The typical household faces a shortfall in the nancial bu er necessary to weather this volatility. Moreover, the decline in real wages since 2009 for all income groups except the top 5th percentile means … Continue reading
Australia – We must overhaul vocational education and training the Chamber of Commerce and Industry says
Australia must overhaul its vocational education and training if people are to get the skills they need for the jobs of the future, the Australian Chamber of Commerce and Industry said today. The Australian Chamber is today releasing a policy paper, “Focus on Skills: Building a Better National Vocational Education and Training System”, which argues for … Continue reading
The Skills Gaps in US – Where are the biggest gaps?
A July 2014 Financial Sense article reported that according to the National Federation of Independent Business, an advocacy group for small business, “The proportion of business owners reporting that they can’t find qualified applicants has been trending steeply upward since the end of the recession.” Further, “the most commonly cited shortages are in technical trades … Continue reading
Canada – Immigrant wives―especially the younger ones―participate less often in the labour market than Canadian-born wives
Immigrant wives―especially the younger ones―participate less often in the labour market than Canadian-born wives Of all immigrant wives aged 25 to 54 whose husbands were aged 25 to 54 and were employed as paid workers, 76% participated in the labour market―i.e., they had a job or actively looked for one―from 2010 to 2014 (Table 1). … Continue reading
Inequality – Students in the most deprived schools are half as likely as those from more affluent schools to be entered triple science in UK
New Schools Network research has found that there is a worrying trend that excludes the poorest students from the most rigorous subjects at GCSE. ++ Schools in the least affluent areas account for only 85,000 entries for Biology, Chemistry and Physics GCSEs, compared to 160,000 from advantaged schools ++ Pupils in most deprived schools opting … Continue reading
62 people own the same as half the world, reveals Oxfam Davos report | Oxfam International
The Oxfam report An Economy for the 1%, shows that the wealth of the poorest half of the world’s population has fallen by a trillion dollars since 2010, a drop of 41 percent. This has occurred despite the global population increasing by around 400 million people during that period. Meanwhile, the wealth of the richest 62 … Continue reading
Brain Drain in Philippines – 1.8 M temporary migrant workers left in 2014
In 2014, 1.8 million temporary migrant workers left the Philippines to work in more than 190 countries, each one bearing an employment contract issued and certified by the Government of the Philippines. From factory and domestic workers to engineers and nurses, Filipinos occupy a wide range of jobs abroad. Legal movements of temporary workers on … Continue reading
Gender Wage Gaps in US – For every dollar paid to white, African American women are paid from just 48 cents to 69 cents and Latinas from just 43 cents to 59 cents
According to just-released U.S. Census Bureau data, African American women and Latinas are suffering from significant gender-based wage gaps in the 20 states in which most are employed full time, year round. The analysis reveals that for every dollar paid to white, non-Hispanic men in these states, on average, African American women are paid from … Continue reading
US – Declines in completion rates across ages and enrollment intensities
The official end of the Great Recession is considered to be June 2009 (National Bureau of Economic Research, 2010). However, its effects on employment, wages, and family finances have lingered, impacting students and their colleges and universities through 2009, and well beyond. This year’s completions report clearly shows the continuing effects of recession on the … Continue reading
US – More mexicans leaving than coming in
More Mexican immigrants have returned to Mexico from the U.S. than have migrated here since the end of the Great Recession, according to a new Pew Research Center analysis of newly available government data from both countries. The same data sources also show the overall flow of Mexican immigrants between the two countries is at … Continue reading
Business Environment – The only constant is unrelenting change
The only constant in today’s business environment is unrelenting change. Amid mounting complexity, the old playbook no longer works. Although known concepts might appear from a distance to need just an update and a bit of adaptation, organizations that take this approach risk becoming wrapped up in a never-ending stream of change that soaks up … Continue reading
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