Job Market Monitor
Report
Digital Skills in Australia – Large businesses would need to spend $1.5 billion this year for upskilling, equivalent to an additional $885,355 per business
In the post-pandemic economy, digital skills are crucial for Australia’s labour market as the pace of digitisation accelerates. This report is the third in a series that looks into what skills are growing the quickest across the job market, the cost business stands to lose by not addressing these gaps and the role of training … Continue reading
Upskilling Pathways in France – A major change and de-compartmentalisation required
This report summarises the outcomes of the first (micro) phase of the thematic country reviews (TCRs) on upskilling pathways in France, which reflect the points of view of both the beneficiaries of the outreach and guidance schemes and services under investigation, and the professionals involved in their implementation. The TCR on UP for France focuses … Continue reading
Digital skills in Europe – Much work remains to be done in CVET for adults according to the CEDEFOP
Summary Developing digital – or ICT – skills has been a policy priority in the past years, given rapid technological change in sectors and occupations. But the contribution of digital skills goes far beyond this. Digital skills are an enabler of citizenship in societies and a driver of efficient and just green and digital transitions. … Continue reading
Skills and Credential Chaos – Six broad principles to support students
Today, Credential Engine, a national non-profit, releases its Equity Advisory Council’s Report and Recommendations on improving equity in and through the expanded use of linked, open, and interoperable data about credentials, competencies, programs, quality, outcomes, and related aspects. [T]he Council identified six broad principles for the appropriate and effective use of these data to support … Continue reading
Current and Future Skills Needs in UK – Core transferable skills are often under-invested in by firms in comparison to firm-specific skills
This report provides an overview of the Skills and Productivity Board’s work to document the skills needs of the economy now and in future, with a view to identifying skills mismatches and growing areas of skills needs, both across the economy as a whole and in a small number of priority areas (Health, Science and … Continue reading
Cisco Global Hybrid Work Study 2022 – It starts with investing in the technologies and tools needed to support work from anywhere
Cisco’s Global Hybrid Work Study 2022 shares global insights from 28,000 respondents to help companies and employees thrive in the future of hybrid work. Supporting the workforce of the future Operating and supporting a hybrid workforce starts with investing in the technologies and tools needed to support work from anywhere. In fact, technology support was … Continue reading
Gen Z and Education Pathways in US – Most prefer learning hands-on skills either in a lab/classroom or through on-the-job experiences
ECMC Group has released the latest data from its multi-year Question the Quo Education Pulse study of Gen Z teens. The latest findings point to a possible “new normal” for education that requires shorter, less expensive, more direct-to-career pathways in high-demand industries. This report highlights these findings as well as the trends uncovered in five … Continue reading
Immigration Economic Impacts in Canada – What the evidence says overall
International studies of advanced economies often show an increase in immigration to be associated with a modest increase in GDP per capita. Research by the IMF suggests that “Immigration significantly increases GDP per capita in advanced economies.” A study of OECD countries found that increases in immigration lead to proportionate but smallincreases in GDP per capita. … Continue reading
Demographic Outlook – World’s Population to reach 8 billion on 15 November 2022 and 10.4 billion in 2100
The world’s population continues to grow, but the pace of growth is slowing down • The world’s population is projected to reach 8 billion on 15 November 2022. • The latest projections by the United Nations suggest that the global population could grow to around 8.5 billion in 2030, 9.7 billion in 2050 and 10.4 … Continue reading
COVID and Youth in Canada – Facing career “scarring” and learning losses post-pandemic
Canada’s youth face career scarring and learning losses post-pandemic, according to a new report released by the C.D. Howe Institute. In “Lives Put on Hold: The Impact of the COVID-19 Pandemic on Canada’s Youth,” authors Parisa Mahboubi and Amira Higazy find that youth were disproportionally affected by work and education disruptions, which if left unaddressed, … Continue reading
Remote Work in US – 58 percent reported having the opportunity to work from home at least one day a week
The third edition of McKinsey’s American Opportunity Survey provides us with data on how flexible work fits into the lives of a representative cross section of workers in the United States. McKinsey worked alongside the market-research firm Ipsos to query 25,000 Americans in spring 2022 (see sidebar, “About the survey”). The most striking figure to emerge … Continue reading
Skills for Green Transition in UK – A disconnect between increasing employer demand for green skills and young people’s lack of knowledge of what they are
Along with demographic change and advances in technology, the transition to green skills is one of a number of mega trends set to transform the economy and labour market. These shifts are also interconnected. The need for “green skills” is therefore not just about new green jobs, but also greening existing roles, increasing economic growth … Continue reading
Immigration in Canada – In charts
A wave of new Canadians is coming—and just in time. As our population gets older and birth rates decline we’ll face a range of challenges in supporting aging cohorts and sustaining growth. Increased immigration and better utilization of existing pools of talent can power the transition. RBC Economics explains why in 9 charts: Chosen … Continue reading
Skills in Ontario – A need for a robust and responsive skills development ecosystem that helps people
The nature of work in Ontario is changing rapidly and to help build the resilience of individuals and businesses, as they prepare for the future of work, the next provincial government needs to strengthen the design and delivery of skills development in Ontario. Ontario’s skills development ecosystem needs to deliver Ontario needs a robust and … Continue reading
LMI on Skills in UK – Priorities for improvements
Better alignment between the skills employers demand and those people have can improve productivity, leading to better outcomes for individuals and businesses. Quality Labour Market Information (LMI) can help identify where and how to achieve better skills alignment. The Board supports DfE’s plans for the new Unit for Future Skills (UFS), which has the aim … Continue reading
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