Job Market Monitor
Report
Inclusive labor-market institutions: the most effective general remedy for low-wage jobs
“Over the last two decades, high – and, in some countries, rising – rates of low-wage work have emerged as a major political concern” writes John Schmitt in Low-wage Lessons (Choosen excerpts by Job Market Monitor to follow) According to the Organization for Economic Cooperation and Development (OECD), in 2009, about one-fourth of U.S. workers were in low-wage … Continue reading
US / The App Economy: from 0 to roughly 466,000 jobs in less than 5 years
“How can the U.S. dig itself out of the current job drought?” asks Michael Mandel in WHERE THE JOBS ARE: The APP Economy (Choosen excerpts by Job Market Monitor to follow) Government policy can temporarily boost employment. The ultimate answer, though, is innovation: The creation of new goods and services that spur the growth of new industries … Continue reading
UK / The fit between graduate labour market supply and demand
In The fit between graduate labour market supply and demand, Gaby Atfield and Kate Purcell examine 3rd year UK undergraduate degree final year students’ perceptions of the skills they have to offer and the skills employers seek. Main findings As they approached the end of their undergraduate courses, over 80% of respondents believed that they have the skills employers are likely to be … Continue reading
US / College Degrees Matter
How Much Protection Does a College Degree Afford? Past research from Pew’s Economic Mobility Project has shown the power of a college education to both promote upward mobility and prevent downward mobility. In the wake of the Great Recession, however, many have questioned whether the advantageous market situation of college graduates has suffered under the pressure … Continue reading
US / Married adults who raise children are 56 percent more likely to be poor
Most parents with below-poverty incomes who are raising minor children are married. according to Married … without Means Poverty and Economic Hardship Among Married Americans by Shawn Fremstad The failure of many policy elites to recognize the extent of marital poverty covers up the profound economic struggles of millions of married parents. The paper concludes that to reduce … Continue reading
Almost 15% of activie American were unemployment some time during 2011
The “work-experience unemployment rate”—defined as the number of persons unemployed at some time during the year as a proportion of the number of persons who worked or looked for work during the year—was 14.9 percent in 2011, down from 15.9 percent in 2010. The work-experience unemployment rates for Whites (13.7 percent) and Hispanics (18.3 percent) … Continue reading
Inequality on the rise in most OECD countries
“In the three decades prior to the recent economic downturn, wage gaps widened and household income inequality increased in a large majority of OECD countries. This occurred even when countries were going through a period of sustained economic and employment growth” writes the OECD in its 2011 report An Overview of Growing Income Inequalities in OECD Countries. … Continue reading
US / State of Local Government Pensions: aggregate unfunded liabilities of $574 billion
State government pensions have attracted considerable media and scholarly attention. Less well understood are the nation’s 3,196 locally administered plans. The paper represents a first step toward filling this gap. After reviewing issues common to state and local plans, it summarizes existing data and research on local pensions. Like many institutions now prevalent in state … Continue reading
US / About 29 M employed in offshorable production and services occupations
“Offshoring, also known as offshore outsourcing, is the term that came into use more than a decade ago to describe a practice among companies located in the United States of contracting with businesses beyond U.S. borders to perform services that would otherwise have been provided by in-house employees in white-collar occupations (e.g., computer programmers and … Continue reading
Advantage Ontario calls for action in Ontario’s key tradable sectors to create jobs
“We are living in an era of increased global competition and the continuing aftermath of the financial crisis and global recession” writres Gord Nixon and Kevin Lynch in the LETTER TO ONTARIANS introducing the report of the Jobs and Prosperity Council ADVANTAGE ONTARIO (Adapted choosen excerpts by Job Market Monitor to follow) Economic globalization has at once undermined traditional … Continue reading
Born in the bottom without higher education: 45% chance of remaining there
As the semester draws to a close at schools and universities across the country and college applications are submitted, the Treasury Department has released a report that should be food for thought for students scrambling to complete their work and finish their exams. The new report, prepared in conjunction with the Education Department, shows that … Continue reading
Dropout / Canada : Boy’s share continues to rise and some groups show lack achievement
“One of the most robust predictions about any teenager’s future is that dropping out of high school will increase the probability of a life marred by lengthy bouts of unemployment and poverty. Although a high-school certificate is a low rung on the education ladder, it is the crucial one if an individual is to have … Continue reading
Skills gap prevents organizations filling STEM positions with diverse candidates
Monster.com® asked Harris Interactive® to conduct research that examines the importance of diversity recruiting in the Science, Technology, Engineering, Mathematical (STEM) professions. “STEM positions are among the fastest growing occupations. Unfortunately, current skills gaps prevent organizations filling STEM positions with diverse candidates” It is widely acknowledged that STEM professions pose a recruiting challenge for many … Continue reading
Startup / Research universities, venture capital firm offices, or government funds are not drivers
How does a newly formed nonprofit organization tasked with helping entrepreneurs across America effectively serve startups that are in different places, in different industries and with wildly different needs? Region by region. This is the central lesson found in “The Start Uprising,” a white paper released today by the Ewing Marion Kauffman Foundation that examines … Continue reading
Skills Gap / Vocational Education / Meeting the needs of a specific labour market
The report INTERNATIONAL APPROACHES TO SPECIALISATION IN VOCATIONAL EDUCATION by Charlynne Pullen, Olivia Varley-Winter and Philippa Melaniphy presents “four country studies: Germany, the United States of America, Singapore and Australia” (Adapted choosen excerpts by Job Market Monitor to follow). For the purposes of this report, the definition of specialisation is an instance in which provision of vocational education is focused … Continue reading
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