Job Market Monitor
Higher Education
Skills Gap in Germany – Students snub vocational schools
Forget the strong euro or competition from Asia. German industry’s main concern today isn’t selling its products but finding the people to make them. The country’s 200-year-old two-tier education system, credited for building one of the most productive workforces on the planet, is sputtering as young Germans increasingly shun vocational schools—the gateway to manufacturing careers—for … Continue reading
Starbucks – Employees to College for Free
Working at Starbucks is now a smarter move. The coffee chain plans to launch a new program on Monday that will pay for its employees to attend online college classes at Arizona State University. ” I believe it will lower attrition, it’ll increase performance, it’ll attract and retain better people I believe it will lower … Continue reading
Higher Education and Employability in Europe – Using labour market information systematically in policy planning is relatively rare report says
Besides a few exceptions (Bulgaria, Croatia, Portugal and Liechtenstein), labour market forecasting exists at national and/or regional levels in most European countries (14). As Figure 4.2 shows, labour market forecasts are conducted in an ad hoc manner in 10 countries, while there is a regular, established system in 13 countries. In Lithuania, a regular labour … Continue reading
Taiwan – 70 percent of young people are enrolled in universities but only 40 percent of the available jobs need a higher degree
The skills gap between graduates and the job market has reached an alarming level, according to a recent survey released by National Taiwan University’s (NTU) Center for Public Policy and Law, with three out of seven college graduates encountering difficulties landing a job that matches their education. The poll shows that while nearly 70 percent … Continue reading
College Education in US – 64% of hiring managers would still consider a candidate who hadn’t even attended college survey finds
Millennial Branding, a Gen Y research and consulting firm, and Beyond.com, The Career Network focused on helping people grow and succeed professionally, today announced the results of a study entitled, “The Multi-Generational Job Search.” Following a national survey of job seekers and HR professionals, 43% of the 2,978 respondents said that “cultural fit” was the … Continue reading
Student Debt in US – Earnings and debt aren’t moving in the same direction
In 2012, the most recent year for which data are available, workers with just a bachelor’s degree were making a median salary of $46,900 a year while the average student loan balance for people under 30 years old was $21,400. Those numbers aren’t directly comparable, but it does seem that most young people can pay … Continue reading
US – While 80 percent of Grads expect their first employers to provide them with a formal training program, only 52 percent recieve it finds Accenture 2014 College Graduate Employment Survey
The Accenture 2014 College Graduate Employment Survey explores the expectations and experiences of US college students who will be graduating in 2014 and those who graduated in 2012 and 2013 related to education, skills, finding a job, salary expectations, debt and post-graduation living arrangements. The survey polled more than 2,000 students and compares the perceptions … Continue reading
US – Public, private or a top 100-ranked school do not make a difference in workplace engagement or well-being study finds
Gallup, in partnership with Purdue University and Lumina Foundation, today released results from the inaugural Gallup-Purdue Index that finds there is no difference in workplace engagement or a college graduate’s well-being if they attended a public or private not-for-profit institution, a highly selective institution, or a top 100-ranked school in U.S. News & World Report. … Continue reading
US – Liberal arts field can and does lead to successful and remunerative careers in a wide array of professions says a report
In How Liberal Arts and Sciences Majors Fare in Employment, authors Debra Humphreys and Patrick Kelly analyze data from the 2010-11 US Census Bureau’s American Community Survey and provide answers to some common questions posed by students, parents, and policy makers who are increasingly concerned about the value of college degrees. Responding to concerns about … Continue reading
Graduates in Canada – A ‘lost generation’ really ?
Statistics Canada released the first data from the new National Graduates’ Survey. To put it mildly, this new data blows both of those narratives out of the water. The NGS is designed to report on the fate of graduates two years after graduation. What was released last week was the 2012 employment and income situation … Continue reading
Higher Education in US – The employment status of instructional staff members in 2 charts
Chosen excerpts by Job Market Monitor. Read the whole story at Losing Focus: The Annual Report on the Economic Status of the Profession, 2013-14 | AAUP Related Posts US / Education / Investment in student falls for first time ever The combination of high education and high-skill occupation is associated with the greatest degree of skill maintenance … Continue reading
Sweden – Many more young women than men showed an interest in university
Six out of ten Swedish students about to graduate from high school (gymnasium) want to pursue higher education, but many more young women than men showed an interest in university. The survey from Statistics Sweden showed that 69 percent of the women plan on going on to study, while 48 percent of the men expressed … Continue reading
New Grads in China – Government has encouraged self-employment
The Chinese government has encouraged self-employment in an attempt to foster new areas of growth to keep people in work. Chinese Premier Li Keqiang admitted that the employment situation is tough in his government work report delivered to the country’s top legislature last week. He said a record 7.27 million college graduates will be job … Continue reading
US – The underemployment of college graduates is displacing lower skilled workers
The jobless rate of Americans ages 25 to 34 who have only completed high school grew 4.3 percentage points to 10.6 percent in 2013 from 2007, according to Bureau of Labor Statistics data. Unemployment for those in that age group with a college degree rose 1.5 percentage points to 3.7 percent in the same period. … Continue reading
Canada / Men who had obtained a bachelor’s degree by 1991 had earned $732,000 more than those whose education ended at a high school diploma, women$ 448,000
A new study that followed a group of men and women for two decades reports that over the study period, men who had obtained a bachelor’s degree by 1991 had earned, on average, $732,000 more than those whose education ended at a high school diploma. For women, the difference between the two groups was $448,000. Using longitudinal tax … Continue reading
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