Job Market Monitor
Demographics
US Demographics – 7 trends in 2018
More than 2,000 demographers are in Denver this week for the Population Association of America’s annual meeting, where they will discuss topics ranging from the changing family to international migration flows. Ahead of the meeting, here are some important recent demographic findings from Pew Research Center: Millennials are projected to outnumber Baby Boomers next year. … Continue reading
Changes in the age structure of the workforce are significantly correlated with changes in aggregate productivity
This paper examines the relationship between workforce demographics and aggregate productivity. Changes in the age structure of the workforce is found to be significantly correlated with changes in aggregate productivity. Different demographic structures may be related to almost one quarter of the persistent productivity gap between the OECD and low income nations as well as … Continue reading
2016 Census in Canada – The largest increase in the proportion of seniors since Confederation
From 2011 to 2016, Canada registered the largest increase in the proportion of seniors since Confederation. This acceleration of population aging is the result of the first baby boomers reaching the age of 65. Today, Statistics Canada is releasing a second series of data from the 2016 Census on age and sex, and type of dwelling. The agency will release all 2016 Census … Continue reading
US – Is your city’s workforce growing older or younger?
Is your city’s workforce growing older or younger? CareerBuilder is out with a new study that explores employment trends for the 100 most populous U.S. cities, tracking how the shares of workers ages 22 to 34 and ages 55 and older have changed from 2001 to 2016. Topping the list for cities aging the fastest … Continue reading
Minorities in US – The majority among infants are from them
The U.S. is projected to have no racial or ethnic group as its majority within the next several decades, but that day apparently is already here for the nation’s youngest children, according to new Census Bureau population estimates. The bureau’s estimates for July 1, 2015, released today, say that just over half – 50.2% – … Continue reading
China – A demographic perfect storm is coming
The idea that the so-called “demographic dividend” is coming to an end for China is not a new one. Yet not many people are sufficiently aware of the consequence of ageing (and shrinking) population. Population ageing poses a headwind to asset prices, real estate in particular. Population ageing is somewhat associated with lower inflation (if … Continue reading
The Waves of the Future and High Demand Careers
Here are some of the “waves” that you will be riding into the 21st Century, and the careers that are predicted to be in high demand riding on those waves. Information Revolution High Technology & Materials Creation Global Village Natural Systems Awareness Demographics Patterns of Working Emerging Careers for the 21st Century. The High Demand Careers … Continue reading
China | Demography | Aging : the long-term implications
Canada and Europe are not alone in dealing with important demographic shifts. And worries about increasing recruitment problems, workforce shortages and skills gap are widespread. But there might be more critical situations. For instance, China is just beginning its huge demographic transition. In an article published on brookings.edu, Wan Feng qualifies China as a “demographic overachiever” and analyses … Continue reading
Demographic Dividends, Dependencies And Economic Growth In China And India
The world‟s two population giants have undergone significant, and significantly different, demographic transitions since the 1950s. The demographic dividends associated with these transitions during the first three decades of this century are examined using a global economic model that incorporates full demographic behavior and measures of dependency that reflect the actual number of workers to … Continue reading
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