Job Market Monitor
Skills
Infrastructure Investment in US – A prominent role in the labor market
As the U.S. labor market continues to gain momentum, concerns over wage stagnation and income inequality persist, especially at a regional level. In response, many public, private, and civic leaders across a variety of metropolitan areas are forging new collaborations and launching innovative strategies to support greater economic opportunity. Infrastructure investment represents a key priority … Continue reading
Talent-Driven Recruitment – If you want to attract and hire a great person, you need to offer a great job
Performance-based Hiring boils down to common sense and these four recruiting rules: *If you want to attract and hire a great person, you need to offer a great job. That’s why recruitment advertising should emphasize what the person will be doing, not the skills needed to do it. There’s not a single top-talent person in … Continue reading
International Comparaison of Skills in US – Not measurably different in literacy, but more unequal, below in numeracy and problem solving according to PIAAC
In literacy, the U.S. average score (272) was not measurably different than the PIAAC international average score (273) (see figure 1-A). Compared with the PIAAC international average distribution of literacy skills, the United States had a larger percentage of adults performing at both the top and the bottom of the distribution (13 versus 12 percent … Continue reading
Higher Education Workforce in Australia – Only 5% of university leaders rate their employee value proposition as being “very high”
On 2 February 2016 AHEIA released the Australian Higher Education Workforce of the Future Report, which was commissioned in association with the DVCs Corporate group of Universities Australia to put the spotlight on how to enable universities to compete in a globally competitive market. The report looks at the university environment as affected by environmental … Continue reading
New National Skills Strategy in Ireland – Skills demand in the economy, a report
In January 2016, the Government published a new National Skills Strategy – Ireland’s Future – which sets out the Government’s commitment to improving and using skills for sustainable economic growth. It outlines how Ireland can develop a well-skilled, adaptable workforce that contributes to, shares in, and benefits from opportunities of economic expansion. A critical success … Continue reading
Education, Skills and Economic Opportunity in US – Fourteen Economic Facts
The Payoff to Skills is High Fact 1: Both cognitive and soft skills—such as perseverance, tenacity, and social skills—play an important role in shaping economic outcomes. Fact 2: The skills premium has increased dramatically. Fact 3: Educational attainment has increased in the United States, especially among women. Fact 4: Americans who did not attend college form … Continue reading
Social and Emotional Learning (SEL) – Three key opportunities to use technology
To thrive in the 21st century, students need more than traditional academic learning. They must be adept at collaboration, communication and problem-solving, which are some of the skills developed through social and emotional learning (SEL). Coupled with mastery of traditional skills, social and emotional proficiency will equip students to succeed in the swiftly evolving digital … Continue reading
Character Skills – Forms of childhood misbehaviour at school are valued in the labor market
Even if measurement is correct, and there is no gaming or cheating by teachers or schools, it is not obvious which character skills we want to reward or punish. To illustrate this point, in recent research, my research team and I look at roughly 7,000 men and women who were born in the same week … Continue reading
Sleep, Skills and Human Capital – Sleep duration increases cognitive skills of workers aged over 45 years research finds
Economists have largely ignored the effects of sleep on health and human capital. The medical literature provides extensive evidence of the association between sleep deprivation and health. However, most of these studies do not attempt to analyze the causal relationship between sleep duration and health outcomes. Furthermore, we know relatively little about the effects of … Continue reading
ICT skills – The new literacy
“The new literacy” is the term Neelie Kroes, Vice-President of the European Commission, uses to describe an individual’s skill in mastering information and communication technologies (ICT). She justifies her choice of this phrase by arguing that “the online world is becoming a bigger part of everything we do. No wonder these [ICT] skills are becoming … Continue reading
Skills – Not only are there difficulties in defining skill, there is no agreed classification of the types of skills observed
Not only are there difficulties in defining skill, there is no agreed classification of the types of skills observed. Grugulis and Lloyd (2010, p.99) point out that there has been a ‘dramatic increase in the lexicon of skills’, while Thompson (2007, p.1364) comments that the ‘palette of skills’ has been widened ‘without normally deepening them’. … Continue reading
Europe – Is there a ‘double dividend’ of cleaner energy and job creation?
It is widely accepted that the transition to low-carbon technologies in the energy sector will have positive impacts on the environment through reduced emissions and will thus raise the chance to avoid dangerous climate change by keeping global warming below the threshold of 2°C above pre-industrial levels. However, there is an ongoing debate about the … Continue reading
Welfare-to-Work and Skills Providers – Myths and issues
If skills providers were demand-led, surely they would meet all the demand from welfare-to-work programme providers for skills provision? Skills providers have the freedom and flexibility to deploy their adult skills budget as they see fit to meet government priorities and respond to local need. They have to take into consideration many competing demands, demand … Continue reading
Exceptional Employees – The skills that set them apart
Leaders and managers commonly mislabel [some of the EQ skills] as personality characteristics. These are the skills that set exceptional employees apart. They’re willing to delay gratification. They can tolerate conflict. They focus. They’re judiciously courageous. They’re in control of their egos. They’re never satisfied. They recognize when things are broken and fix them. They’re … Continue reading
Low Literacy in Canada – In 2012, 17% of Canadian adults aged 16 to 65 with 29% in a low-income household
In 2012, 17% of Canadian adults aged 16 to 65 had a literacy score corresponding to level 1 and below, meaning that they could only find single pieces of information in shorts texts or only had a basic vocabulary. About 13% were in the two highest categories of literacy skills (level 4 and level 5). The median household … Continue reading
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