The Open University Business Barometer investigates the extent and nature of the skills shortage in the UK, and the e ect it is having on organisations of all sizes. The data presented within the report have been collated from 950 senior business leaders in organisations of all sizes across the UK between 8 and 25 … Continue reading
This study set out to examine how different education systems fare in equipping individuals with foundational skills. It is well acknowledged and accepted that skills beget skills, and that foundation skills will help individuals regain new skills quickly in a fast changing technology-rich environment. The lack of ability to re-learn new skills prevents individuals from … Continue reading
Cedefop’s skill supply and demand projections provide comprehensive information about the current structure of Europe’s labour market and potential future trends. This report presents the results and findings from the most recent update to the projections along with Eurofound’s analysis on the task content of employment, using the jobs monitor approach. Predicted employment trends will … Continue reading
In the 1950s and 1960s, skilled workers, whether factory workers, white-collar employees, or managers and salaried professionals, tended to work for the same rm for many years—often their entire careers.1 In the words of economist Paul Osterman, “The typical American worker averaged the same number of years at their employer as did the average Japanese … Continue reading
Canada is facing a quiet crisis. In the coming decade, half of all jobs will be disrupted by technology and automation. Some will change dramatically. Others will disappear completely, replaced by jobs that are yet to be invented. We are living through an era of radical change, with the latest advancements in artificial intelligence and … Continue reading
We present evidence suggesting that the so-called “fourth industrial revolution”, characterized by machine learning, big data, mobile robotics and cloud computing, may be skill-biased not only with respect to skills acquired through education, as available theoretical models and empirical evidence abundantly suggest, but also with respect to facets of noncognitive skills. Measuring the future direction … Continue reading
A new report released today by the Australian Industry Group has identified critical skill issues facing Australian businesses with 75 per cent of employers reporting skill shortages and 99 per cent are impacted by low levels of literacy and numeracy. These significant findings from the Australian Industry Group’s 2018 Workforce Development Needs Survey Report come … Continue reading
McKinsey: What is the right role of employers in making sure that the incumbent workforce can both meet current expectations and thrive in the future? Kathleen McLaughlin: I think that 10 or 15 years ago people might not even have understood what it meant to develop the skills of incumbent workers, or why that would … Continue reading
By Lucy Wyndham – Upskilling Defines the Future of Construction Industry Despite working hard to become certified in your specific industry, the half-life of learned skills is now about five years, which means the skills you learned while attaining a degree or industry qualification could well already be out-of-date. As we round the corner full speed into the … Continue reading
What if you had the information to identify the fastest growing jobs in your country, or even in your hometown, and the skills you need to learn to get hired in them? And what if this data could also help you decide which jobs you could most easily transfer to with just the skills you … Continue reading
An agenda dedicated exclusively to skills acquisition cannot deliver the dynamic workforce employers require for several reasons: Technology is progressing rapidly. Today’s widely used tools may be obsolete six months from now, yet it is impossible to predict which specific technical skills will be required for future jobs. Training students solely on technical skills does … Continue reading
In the digital age, technology is transforming how work gets done, creating new roles that require new skills. At the same time, organizations are increasing headcount in 42 of the 43 countries and territories that we survey and many markets are nearing full employment. As a result, talent shortages are more acute than they have … Continue reading
Increased globalization places competitive pressures on firms heavily involved in international trade. To be successful, firms must be innovative and productive—two attributes that rely greatly on a skilled workforce. Key in the toolbox of productive workers are science, technology, engineering and mathematics (STEM) skills. However, STEM skills are often not enough to generate significant productivity … Continue reading
Adult literacy programs are diverse, varied in their approaches, and tailored to their particular students and communities. At the same time, there are core components of programs that cut across all instructional types (English for Speakers of Other Languages, Adult Basic Education, and High School Equivalency preparation), locations, and student populations. These “Building Blocks” have … Continue reading
This study explores how the digital transformation is affecting the demand for skills in 31 countries, by analysing how skills are rewarded in sectors which are more or less digitally intensive. In so far as higher salaries reflect relative skills shortage, returns to skills contribute to inform on how the demand of different skills is … Continue reading