Job Market Monitor
Skill
Occupational Code – Classifying according to skills
In this work we propose a methodology for developing an occupational classification by applying Natural Language Processing methods, such as document clustering and distributed word representations, to UK online job adverts. The new occupational classification will be directly aligned with employer needs and group jobs into occupations based on similar skill requirements. Unlike the existing … Continue reading
Talents – The force changing demand and supply
CHANGES IN THE DEMAND FOR TALENT Six of the forces we identified are having a profound effect on the demand for talent. (See Exhibit 2.) We categorize them into two groups: Technological and digital productivity: automation, big data and advanced analytics, and access to information and ideas Shifts in ways of generating business value: simplicity in … Continue reading
CIO – 71 percent place more weight on skills and experience than on higher education
By a surprisingly large percentage, CIOs put more emphasis on skills and experience than on tech degrees from prestigious universities. A Robert Half Technology survey of some 2,400 chief information officers at companies with more than 100 employees found 71 percent place “more weight on skills and experience than on whether or not a candidate … Continue reading
Post-Mining Australia – Standard of Living to drop 8 percent by 2030 Accenture says
Australia’s standard of living, defined as real GDP per capita, is in danger of declining by as much as 8 percent over the next 15 years unless the government addresses structural changes in the post-mining economy, the dislocation of jobs in several key industries, the employment skills gap and an aging workforce, according to a … Continue reading
IT in UK – 74 per cent have experienced difficulty recruiting staff
74 per cent of current IT leaders have experienced difficulty recruiting staff with the necessary skills and experience they require according to new research commissioned by Reconnix, the Open Source and Cloud Service provider. When asked on the issue of hiring qualified staff, only 12 per cent of those responsible for hiring technology related positions … Continue reading
Skills Gap in Norway – And the the most difficult to find are …
Skilled labour now tops the list of the most difficult to fill jobs in Norway, according to recruitment firm ManpowerGroup. The greatest difficulty is sourcing candidates with a vocational education. Those most in demand are: Skilled Labourers Education Professionals Engineers Sales Executives Project Managers Doctors & Medical Professionals not including Nursing Staff Accounting & Finance … Continue reading
Job Training Programs – Better with skill development and motivation enhancement
Mo Wang and colleagues Songqi Liu of The Pennsylvania State University and Jason L. Huang of Wayne State University found that the likelihood of employment increased among job seekers only when the job training programs that they went through combined both skill development and motivation enhancement. Wang and his colleagues analyzed data from 9,575 job … Continue reading
Petroleum Services Association of Canada – The next bottleneck is going to be skilled labor
Asked what keeps him awake at night, the president and CEO of the Petroleum Services Association of Canada, Mark Salkeld, says, “Labor, labor and labor.” At PSAC, Mark Salkeld represents 260 energy services companies that employ more than 80,000 people. He and all of the HR executives at his member companies know that employment in … Continue reading
Skills Gap in Colorado / Shortage could raise construction costs
The main reasons for the workforce decrease was the lack of demand for laborers during the economy’s downturn in 2009 Continue reading
US Skills Gap / The Labor Market Polarization
the decline in the share of workers in middle-skill jobs is due both to a decline in inflows into these jobs and because of a rise in outflows from these jobs research finds Continue reading
US / Why Jobs Go Unfilled In Spite of High Unemployment
The U.S. has an unemployment rate over 7 percent, yet as we’ve been traveling around the country, we constantly hear from employers that they can’t fill positions, particularly those that require higher skills. How is that possible? Continue reading
UK / Jobs requiring degrees on entry reached an all time high while jobs requiring no qualifications fell to historically low levels says a report
This report provides new evidence on whether employers in Britain are doing so and whether jobs are being upskilled. Continue reading
Research Libraries / BacktalkThe End of Lower Skill Employment
The iconic image of library workers pushing book trucks is quickly slipping into obsolescence. According to figures from the Association of Research Libraries (ARL), student employment in libraries dropped 23 percent between 2000 and 2010, while support staff declined 16 percent. If the 2008 recession played a role in these declines, it somehow failed to … Continue reading
India / An Employability Centre
An employability centre to help job-seekers enhance their skills will be launched here on June 22 by the District Employment Exchange. This is in line with the exchange’s plans to expand its reach beyond government service and help job-seekers find placements in the private sector. A job fair is being arranged, along with the inauguration … Continue reading
The Job Market is broken on both sides – Which skills do count ?
“The market is broken on both sides,” explained Sharef, 27, co-founder of HireArt (www.hireart.com) and a veteran of McKinsey. “Many applicants don’t have the skills that employers are seeking, and don’t know how to get them. But employers also … have unrealistic expectations.” They’re all “looking for purple unicorns: the perfect match. They don’t want to train … Continue reading
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