The nature of youth transitions is diverse across different European countries, and is not only affected by short-term changes in the economy such as those experienced in the last five years Continue reading
The World Bank recommends actions for creating more jobs and making them more accessible HIGHLIGHTS A new regional report examines the role of policy reforms, firms, skills, incentives and barriers to work in Europe and Central Asia, and ways to create more and better jobs. Report suggests that countries must regain their momentum for economic … Continue reading
The Bank of Canada is careful to express the degree of slack in the economy through reference to the “output gap,” a measure tied to real GDP. That avoids ever having to say that too few Canadians are unemployed to meet the inflation target, but that’s really what’s implied when the output gap turns positive writes CIBC Continue reading
Seventy-two percent of job seekers are confident they know how to present their skills and experience. Yet, just 15 percent of hiring managers say nearly all or most job seekers have the skills and traits their companies are looking for Continue reading
There is evidence of worsening labour market matching and growing structural unemployment of persistent nature in a number of countries, notably those mostly affected by current account reversals and debt crises. Upward changes in structural unemployment rates appear to be mostly driven by persistently lower job finding rates ensuing from worsened labour market matching across skills and sectors, and an increased duration of unemployment spells the Commission concludes. Continue reading
As they enter the labor market, some graduates earn far more than others. Prospective students need sound information about where their educational choices are likely to lead Continue reading
The global number of child labourers has declined by one third since 2000, from 246 million to 168 million says a new report by the International Labour Organization (ILO), Marking progress against child labour Continue reading
The four Nordic countries that have consistently held the highest positions in previous editions of the Global Gender Gap Index continue to hold privileged positions Continue reading
Over 29 million people are living in conditions of modern slavery today, the Walk Free Foundation’s inaugural Global Slavery Index has revealed Continue reading
Nearly three-quarters (73 percent) of enrollments in America’s major public benefits programs are from working families. But many of them work in jobs that pay wages so low that their pay checks do not generate enough income to provide for life’s basic necessities Continue reading
The line between working and retirement is shifting for many americans ages 50 and older, with some currently or expecting to continue working for pay during retirement Continue reading
These young men represent a tremendous pool of potential talent that deserves the opportunity to rise to greater heights in the labor market and overcome the barriers that constrained the progress of past generations. Continue reading
Some countries have made significant progress in improving skills proficiency Older Koreans have low skills while younger ones are top performers. The Survey of Adult Skills results show how effective countries have been in developing literacy skills through successive generations. The gains made in some countries illustrate the pace of progress that is achievable. For … Continue reading
How literacy skills are distributed across a population also has significant implications on how economic and social outcomes are distributed within the society. The Survey of Adult Skills shows that higher levels of inequality in literacy and numeracy skills are associated with greater inequality in the distribution of income, whatever the causal nature of this … Continue reading
The low-skilled are more likely than others to be unemployed, have bad health and earn much less, according to the first OECD Survey of Adult Skills. Countries with greater inequality in skills proficiency also have higher income inequality. The OECD Survey of Adult Skills is the new PISA for adults (otherwise known as PIAAC). The Survey … Continue reading