Job Market Monitor
Skills
Skills Gap – A tech-talent list
In today’s rapidly changing digital landscape, companies that understand their talent needs and know how to meet them have a competitive edge. Here’s how they do it. While there is a broad range of skills needed, this set should be part of any company’s tech-talent list: Experienced designers and engineers. As customer experience becomes increasingly … Continue reading
Breadth of Skills – To expand our conception of where and when learning happens
Knowing how to read and write is absolutely essential to interacting with the world, and research has shown that math and science skills are signi cant drivers of productivity. Recent work by economists Eric Hanushek and Ludgar Woessmann nds that if all countries possessed the skill level in these domains of Finland, often a top … Continue reading
The jobs of the future – New skills for new economies
So what skills should workers be acquiring to make sure they have value as the Fourth Industrial Revolution gathers pace? Some may be surprised to learn that skills we develop in pre-school will be valued highly. David Deming, associate professor of education and economics at Harvard University, argues that soft skills like sharing and negotiating … Continue reading
Skills – There is a greater demand for socio-emotional skills and higher-order cognitive skills than for basic cognitive or technical skills
Educators believe that they are adequately preparing youth for the labor market while at the same time employers lament the students’ lack of skills. A possible source of the mismatch in perceptions is that employers and educators have different understandings of the types of skills valued in the labor market. Using economics and psychology literature … Continue reading
Skills – The labor market increasingly rewards social skills
The slow growth of high-paying jobs in the U.S. since 2000 and rapid advances in computer technology have sparked fears that human labor will eventually be rendered obsolete. Yet while computers perform cognitive tasks of rapidly increasing complexity, simple human interaction has proven difficult to automate. In this paper, I show that the labor market … Continue reading
Skills for Telecommuting Jobs
When considering candidates for remote positions, recruiters should focus on certain skills and attributes that will best align with remote work. These traits include: Effective communication skills. “The very best remote workers will reach out to co-workers and managers regularly to check in, ask questions and collaborate on projects,” said Sara Sutton Fell, founder and … Continue reading
Skills in the Digital Economy – Nation’s advanced industries talent supply chain is being challenged to deliver new kinds of value in new ways
The observation that “software is eating the world” has become a truism. However, not enough has been said about what software means for workforce development. Waves of tech have been radically changing what workers do, yet neither the workforce system nor company human resource departments have adequately responded. With digital technologies transforming firms’ talent needs, … Continue reading
Skills Gap in UK – Skill shortages in the economy is modest research finds
At the simplest level, skill mismatches refer to a failure of skill supply to meet skill demand. Mismatches, depending upon their intensity and scale, can be damaging: they can act as a drag on economic growth, limit the employment and earnings opportunities of individuals, and prevent companies maximising their performance. The key findings from the … Continue reading
Job Ads in Australia – Rising demand for digital literacy, critical thinking, creativity and presentation skills
The New Basics: Big data reveals the skills young people need for the New Work Order reveals that employers are placing a premium on enterprise skills at a time of significant change in our workforce. An analysis of 4.2 million job advertisements from 2012-2015 found there is rising demand for enterprise skills such as digital … Continue reading
Recent and Future Hiring Trends in Canada – A survey of large private-sector employers
To compete in an interconnected and global marketplace, Canadian companies require an increasingly strong and skilled workforce. However, a lack of comprehensive labour market data, particularly on employment trends and skill requirements, makes it difficult to identify and analyze the current state of the Canadian job market. This shortage of data means recent graduates are … Continue reading
Literacy and Numeracy and Age – Adults aged 55 to 65 are less proficient than adults aged 25 to 34 OECD says
The greying of the population is already creating challenges for governments in the long-term financing of healthcare, ageing care and pension systems, and because of the potentially negative effects on economic growth. Governments have to nd ways to keep older adults in the labour market and encourage investment in the development of the skills of older workers. … Continue reading
Requirements in Job Advertisements – Employers are demanding with Formal education remaining the most important criterion
This paper analyses a sample of approximately two million job advertisements obtained from an online job portal called “Burning Glass”, in order to identify employers’ demands for the 30 most-frequently advertised occupations in the United States. With this sample of vacancies, we investigate how demanding employers are for occupations of different levels of complexity (two … Continue reading
Skills Gap – Early childhood education, foundation for a skilled workforce of the future
Want to build a talent pipeline? Invest in early childhood education. That’s the message of ReadyNation, an organization of 1,400 business leaders who believe that quality education for young children is the foundation for a skilled workforce of the future. James Spurlino, president of Spurlino Materials, has had trouble for the last 10 years filling … Continue reading
Skills – The economic value of literacy and numeracy
Even in OECD countries, where an increasing proportion of the workforce has a university degree, the value of basic skills in literacy and numeracy remains high. Indeed, in some countries the return for such skills, in the form of higher wages, is sufficiently large to suggest that they are in high demand and that there … Continue reading
Talent Recruiters Skills – The critical ones
Finding top recruiters is harder today than it was just two years ago, according to three talent leaders who spoke during a panel discussion May 3 at the Human Capital Institute’s Strategic Talent Acquisition Conference. But knowing what attributes to look for in new recruiter hires and what competencies to develop in existing staff can … Continue reading
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