Job Market Monitor
Education
Education in London – 100 hours experience of work for every child from seven report suggests
School pupils in London should receive 100 hours experience of the world of work starting from the age of seven, according to London’s business leaders and politicians. The recommendation is included in an eighty-page report, produced by the Mayor of London’s Office, the London Enterprise Panel and London Councils. The report was launched by the … Continue reading
High School Dropout in US – since 1972, event dropout rates have trended downward, from 6.1 percent in 1972 to 3.4 percent in 2012
Dropping out of high school is related to a number of negative outcomes. For example, the median income of persons ages 18 through 67 who had not completed high school was roughly $25,000 in 2012. By comparison, the median income of persons ages 18 through 67 who completed their education with at least a high … Continue reading
Education in UK – Almost one million young people aren’t in education, employment and trainingJohn Cridland says
Thanks to the efforts of many great teachers, the average has risen. But we’ve also stuck with a system which tolerates underachievement. At one end, low attainment. 40% of young people failing to get at least a C in GCSE English and maths by age 16. And at the other, failure to stretch the best … Continue reading
Secondary Education in UK – Core academic vs vocational subjects
From this September, all pupils at secondary school will have to study English, a language, maths, science and history or geography at General Certificate of Secondary Education (GCSE). This is the English Baccalaureate, or Ebacc, which education minister Nicky Morgan has insisted are core academic subjects that should be taken by all children. The director … Continue reading
The 16 skills students require
Today’s fast-changing world requires students with “twenty-first-century skills.” All too often, however, students in many countries are not acquiring these skills. Innovative education technologies such as adaptive learning platforms and interactive games are beginning to show potential for helping address skills gaps. Delivering on the potential of technology will ultimately require effective collaborations among many … Continue reading
EU – Labor force projections up to 2053 by level of educational attainment
A significant amount of research has been published on the potential economic consequences of population aging in developed economies. One topic that has received repeated attention is the expected shrinkage in absolute and relative terms of the working population between the ages 15 and 65. Concurrently, the share of people above the age of 65 … Continue reading
Apprenticeship in US – A strong intermediary is key to a strong program report finds
As detailed in the recent Center for American Progress report, “Training for Success: A Policy to Expand Apprenticeships in the United States,” apprenticeship is a workforce-training model that combines on-the-job training with classroom- based instruction and has been proven to benefit employers, employees, and the overall economy. Apprenticeships allow businesses to meet the growing demand … Continue reading
Youth in US – Uncertainty about job outcomes is a barrier to enrollment in postsecondary education FED finds
In 2013, the Federal Reserve Board’s Division of Consumer and Community Affairs began exploring the experiences and expectations of young Americans entering the labor market. Staff reviewed existing research and engaged external research and policy experts to identify the potential economic implications of these labor market trends on young workers. This initial exploration raised several … Continue reading
Finland – Unemployment rose sharply among highly-educated
Unemployment rose sharply among highly-educated people in Finland last year, according to figures released by the central statistics office on Tuesday. Joblessness among those with tertiary-level degrees climbed by some 30 percent between 2012 and 2013, says Statistics Finland. While more people in Finland overall were looking for work, this group expanded the most quickly. … Continue reading
The Skills Gap in Maine – A disconnect between educators and business people
A new report out today aims to deal with the so-called “skills gap” in Maine’s workforce. The report is part of a series called “Making Maine Work.” This one, according to Christopher Quinn, president of Kaplan University in Maine, uncovered a disconnect between educators and business people. Quinn told reporters that 72 percent of higher … Continue reading
Youth and the Job Market – Lack of higher education in developing countries, over-education in advanced economies writes ILO
Youth with post-secondary education living in middle and low-income countries have a much higher chance of finding a decent job than those with only secondary or primary education, says a new ILO publication Is education the solution to decent work for youth in developing economies? . Building on the results of school-to-work transition surveys conducted in … Continue reading
Education System in China – Could better serve its industry and economic development
China should reform its education system to better serve its industry and economic development. And the public should eliminate their discrimination against blue-collar workers… A doctorate graduate in electronic engineering from Tsinghua University who took a job as a blue-collar electrician in Shanghai stirred wide debate on the value of academic qualifications in modern China. … Continue reading
Some skills should come before jobs, others develop with the job
To be clear from the onset: I will not oversimplify the unemployment (or inactivity) problem in the Western Balkan countries as solely due to a lack of skills in the population. Low employment rates result from both insufficient creation of jobs by enterprises and too-high a fraction of the workforce that is ill-equipped to take … Continue reading
Education in Spain – Dropout rate highest in EU
Spain’s early school leaving (ESL) rate has consistently fallen in recent years as employment options become extremely scarce, but remains nearly twice the EU average, at 23.6 percent in 2013. That’s down from 24.7 percent in 2012, but still way off the national target of 15 percent and still the highest in the EU, the … Continue reading
OECD – Post-secondary vocational education and training plays an under-recognised role in country skill systems
School and university, and the well-trod path between them, play a dominant role in thinking about education policy. But outside these two institutions there exists a less well understood world of colleges, diplomas, certificates and professional examinations – the world of post-secondary vocational education and training. many professional and technical jobs require no more than … Continue reading
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