Job Market Monitor
Skills
Talent War – Employers across the globe are facing the most acute talent shortage since the recession, according to the latest Talent Shortage Survey
● Forty percent of employers globally report difficulties filling jobs due to lack of available talent ● More employers than ever are filling talent gaps by training and developing their own people – this number has more than doubled since 2015, from one in five to over half Employers across the globe are facing the … Continue reading
Driving Up the Demand for Skills in UK – Skills policy is only one part of a strategic mix
The general direction of skills policy in the UK over the recent past has been to create a market for training in order to improve the degree to which the skills people acquire are matched to those that the economy demands. A recognised weakness of the training market, certainly over the 1990s and early 2000s, … Continue reading
UK – The adult skills system is failing to build an economy that works for everyone IPPR says
The government is seeking to build an economy that works for everyone. As we leave the European Union, we will need to ensure that our country can compete in a global economy, and the government has set goals of boosting living standards, growth and productivity, and addressing deeply engrained regional inequalities. However, England’s adult skills … Continue reading
Automation and skills – More education, and different kinds
A broad area of agreement: People need to learn new skills to work in the new economy. “The best response is to increase the skills of the labor force,” said Gregory Mankiw, an economist at Harvard. The most valuable thing could be to increase college enrollment and graduation rates. A growing number of jobs require … Continue reading
Skills Mismatch – The concept and its measurement
The issue of skills mismatches, in one form or another, is a continuing focus for debate. One of the problems, in addressing mismatch, is that there is confusion over the meaning of the terms involved; another is that the measurement of some of the forms of mismatch is problematic. The aim of this section is … Continue reading
Skills – Non-cognitive abilities are declining with birth order research finds
Popular press is replete with articles and books touting the relationship between birth order and personality. However, due to data limitations, there is very little convincing evidence documenting these relationships. Using unique registry data from Sweden on a large sample of men, we are able to estimate the relationship between birth order and measures of … Continue reading
Sectoral Cooperation on Skills in Europe – Three steps to match skills to sectors’ needs
The Blueprint for Sectoral Cooperation on Skills is a new framework for strategic cooperation to address short and medium-term skills needs in a given economic sector. The publication outlines how stakeholders (businesses, trade unions, public authorities, research, education and training institutions etc.) can apply the framework to address sectoral challenges, illustrating the steps towards delivering … Continue reading
Are workers ready for a digital world?
In an increasingly digital world where the skill needs of employers are continuously evolving, policy makers need to make sure that everyone can participate and learn new skills. Recent technological change has shifted skill demands predominantly towards high- level skills. Workers need to be prepared to change jobs over their working life while avoiding unemployment … Continue reading
Employers Skills Needs in Wisconsin – Work ethic is the most important
Wisconsin and the nation are struggling with how to address persistent unemployment and an economy recovering too slowly from the Great Recession of 2008. While economists point to a host of reasons for sluggish growth, including low aggregate demand, outsourcing, spending cuts, and so on, some argue a principal culprit is the “skills gap.” Based … Continue reading
LinkedIn – The Global Top Skills
The Global Top Skills of 2016 list reveals several trends about the global job market: Demand for marketers is slowing: While marketing skills like marketing campaign management, SEO/SEM, and channel marketing were in high demand in 2015, things have changed. This year, SEO/SEM dropped five spots from #4 to #9 and marketing campaign management dropped … Continue reading
An International Standard Classification of Skills and Competences ?
The purpose of this paper is to investigate the potential of already existing skills and competence ontologies to benefit European transparency tools and especially the implementation of the European Qualification Framework. Furthermore, it asks whether any of them could serve as a starting point to develop an International Standard Classification of Skills and Competences to … Continue reading
Literacy and Numeracy skills of Teachers – On average, they score better but the scope for improvement varies between countries
Teachers are essential for the development of human capital in society. Their skills are formed in teacher training programs, but are also highly influenced by the type and overall quality of the students who enter these programs and become teachers. Understanding which segment of the population is part of the teacher corps is important in … Continue reading
Returns to Skills – Larger in countries with faster prior economic growth
The availability of new information about earnings and skills in a broader set of 32 countries permits closer investigation than previously possible of the hypothesis that education has a stronger payoff when there is faster economic change. It turns out that the range of differences in labor-market returns to skills across countries is even larger … Continue reading
Canada has no shortage of labour market information, but …
Canada has no shortage of labour market information. However, the data is fragmented, often hard to access and has many gaps, such as developments in the workplace, the balance of labour demand and supply in local markets, and the longer-term experience of college and university graduates in the labour market, to name just a few. … Continue reading
Labour Market Information (LMI) – Working at sectoral level
There are many different ways to assess the scale and nature of changing skills demand. Skills supply also has several facets. Analysis of skills demand and supply and possible mismatches can take many different forms. A sectoral approach to such matters is de ned as one which looks at changing skills needs from the perspective … Continue reading
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