Skills

This tag is associated with 362 posts

What skills do we need for the future? It depends

Right now, upskilling your workforce is a matter of survival. Massive workforce shifts in 2020 have forced countless workers to refresh their current skills — and build new ones. If you’re wondering what skills are critical to you moving into 2021, it depends entirely on who you are, where you work, and what you do. … Continue reading

Skills – Acquisition and development is not enough, skills utilisation is necessary

About the Business Performance and Skills Survey The Business Performance and Skills Survey (BPSS) is a study of skills utilisation from the perspective of the commercial establishment. The analyses and findings from this study will provide relevant and timely data on skills demand and skills utilisation at the establishment level for tracking and diagnostic purposes … Continue reading

Literacy Skills and Economic Performance In Canada – They have become an even more important determinant of economic growth

We pool expanded international data from the PIAAC survey of adult skills across Canadian provinces and other participating countries to replicate the IALS-based analysis by Coulombe, Tremblay and Marchand (2004) as well as Coulombe and Tremblay (2006) based on more recent and more comprehensive data on the literacy skills of the adult population. Our results … Continue reading

Skills in Canada – Five priority areas for building a country that supports ongoing learning

Whether Canadians are looking for a job, working from home or changing how they work in order to respect public health guidelines, many are facing new challenges as a result of the global COVID-19 pandemic. In order to tackle these challenges, we need to ensure Canadians have access to the tools they need to learn … Continue reading

Firm Investments in Skills in UK – EU Referendum and the Financial Crisis made firms less likely to increase expenditure on worker training

Investments in both human and physical capital are key drivers of economic growth and productivity gains. The United Kingdom has had a turbulent recent history, being strongly affected by the Global Financial Crisis of 2008 and more recently voting to leave the European Union, its largest trading partner. We use firm-level survey data for the … Continue reading

COVID – Two-thirds of company leaders say their organizational cultures currently place a high or very high value on learning

In a new survey, leaders say the pandemic has alerted them to the urgency of getting learning programs right. Yet companies are falling short in delivering outcomes, and executives can do more to support capability-building efforts. Across the globe, company leaders report that the value of capability building has increased dramatically since the start of … Continue reading

Matching Skills Needs with Big Data – Multiple competing vendors, covering a range of countries with different languages, providing services commercially to universities and employers

In dynamic and rapidly changing labour markets, the identification of skills needs is an important challenge. Imbalances on the labour market, reflected by difficulties faced by businesses in sourcing the skills they need, high incidences of skills mismatch, and significant unemployment or underemployment especially among youth, are common to most countries, independently of their level … Continue reading

New Foundational Skills in Middle and High Schools – The educational opportunity gap is large and grows larger the more teachers value them

Labor market data and previously reported research confirm that the skills required of the modern workforce have changed. The New Foundational Skills of the modern economy include greater digital savvy, increased business acumen, and more versatile human and team- centered workplace competencies. These skills generate substantial salary premiums for the students and workers who master … Continue reading

Getting Britain Back to Work – The employment and skills response

Unemployment spiked sharply as a result of the coronavirus crisis and associated social distancing restrictions. During March and April 2020 around 2.5 million individuals made claims for Universal Credit, with claims running at seven times usual levels at the peak. The number of vacancies in the economy has fallen by three fifths, and it is … Continue reading

Employer Skills Survey in UK – Key findings across the ESS series (2015 – 2019)

The UK economy has seen sustained economic growth after emerging from the recession of the late 2000s, and this has continued since the last wave of Employer Skills Survey (ESS) in 2017. ONS data shows that at the second quarter of 2019, when ESS 2019 fieldwork began, job creation was at its highest level since … Continue reading

Skills Transferability Across Borders in Europe – The instruments

To allow easier recognition and evaluation of foreign qualifications across Member States, the European Qualifications Framework (EQF) for lifelong learning was adopted in 2008.It enhances the transparency, comparability and portability of qualifications within the EU. As such, it fosters trust in foreign qualifications during cross-border hiring processes. The EQF serves as a ‘translation grid’ between national … Continue reading

Skills – A Guide for workforce development practitioners

The purpose of this guide is to highlight the competencies that National Fund collaboratives need in order to embark on job quality work with employers. The key word here is collaboratives, not specifically “collaborative directors.” Ensuring that someone has (or is developing) the requisite skills and deploys those skills at the right time is key … Continue reading

Skills – Occupational credentials as an alternative path to marketable human capital

Occupational credentials provide an additional and at times alternative path to formal education for individuals to demonstrate to employers and consumers their ability and qualifications. These take the form of licenses and certifications. However, the literature on the returns to credentials is inadequate, with prior research having limited causal identification relying on OLS regressions which … Continue reading

Skills, Employers and Grads – Job posting data to complement existing labour market information systems

What skills do employers seek in graduates?Using online job posting data to support policy and practice in higher educationEmployers increasingly reach job seekers through online job postings, particularly for jobs requiring a higher education qualification. Job postings available online provide a rich source of real-time and detailed data on the qualifications and skills sought by … Continue reading

Future of Work – Leveraging human potential : The World Economic Forum’s Report 2020

The COVID-19 pandemic-induced lockdowns and related global recession of 2020 have created a highly uncertain outlook for the labour market and accelerated the arrival of the future of work. The Future of Jobs Report 2020 aims to shed light on: 1) the pandemic-related disruptions thus far in 2020, contextualized within a longer history of economic … Continue reading

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