Job Market Monitor
Skills
Some skills should come before jobs, others develop with the job
To be clear from the onset: I will not oversimplify the unemployment (or inactivity) problem in the Western Balkan countries as solely due to a lack of skills in the population. Low employment rates result from both insufficient creation of jobs by enterprises and too-high a fraction of the workforce that is ill-equipped to take … Continue reading
Skills Mismatch in Europe – Between 25 and 45 per cent of workers in Europe are either over – or under-qualified says ILO
Between 25 and 45 per cent of workers in Europe are either over – or under-qualified for their job, leading to a substantial mismatch between supply and demand in the labour market, a new ILO study says. Covering 24 European countries, the study shows that mismatches between workers’ competences and what is required by their … Continue reading
Skills Gap in Cyber Security in UK – Half of firms would hire hackers and ex-convicts
Increasingly worried about the state of their cyber security, and unable to hire or retain specialist staff, U.K. firms are looking to hire hackers and ex-convicts in a desperate bid to secure their networks. In a report released Monday, KPMG said that over the past two years it has become increasingly difficult to find and … Continue reading
OECD – Post-secondary vocational education and training plays an under-recognised role in country skill systems
School and university, and the well-trod path between them, play a dominant role in thinking about education policy. But outside these two institutions there exists a less well understood world of colleges, diplomas, certificates and professional examinations – the world of post-secondary vocational education and training. many professional and technical jobs require no more than … Continue reading
Job Interview – Gauging soft skills
Read on for two questions you can ask in future interviews that will help you sniff out theperfect people to add to your team. 1. “Can you tell me about a time when you worked as part of a group?” To start with, red-flag a candidate who tells a story about how the group was … Continue reading
UK – One in three employees report that their career progression to date has failed to meet their expectations finds CIPD
One in three employees (33%) report that their career progression to date has failed to meet their expectations, according to the latest CIPD/Halogen Employee Outlook survey. The survey of over 2,500 employees published by the CIPD, the professional body for HR and people development, in partnership with Halogen Software, also found that more than a … Continue reading
Individual Character and Social Policy – Help people become more resilient, conscientious or prudent
Policies that ignore character and behavior have produced disappointing results. If you can’t help people become more resilient, conscientious or prudent, then all the cash transfers in the world will not produce permanent benefits. Nearly every parent on earth operates on the assumption that character matters a lot to the life outcomes of their children. … Continue reading
US – The decline in the share of middle-skill jobs has largely been driven by technological advancements and outsourcing of jobs overseas
The labor market is extremely complex and it’s constantly evolving. There are two big themes we’ve seen in recent decades: 1) companies have increasingly outsourced tasks overseas and 2) companies have increasingly automated functions. These themes have been devastating for those at the middle-skill level. Wells Fargo Securities’ Eugenio Aleman and Anika Khan recently published … Continue reading
Study or Train Abroad in EU -It strengthens key skills highly valued by employers study finds
Young people who study or train abroad not only gain knowledge in specific disciplines, but also strengthen key transversal skills which are highly valued by employers. A new study on the impact of the European Union’s Erasmus student exchange programme shows that graduates with international experience fare much better on the job market. They are … Continue reading
Gender Gap in UK – Women to take two-thirds of high-skilled roles over next six years says UKCES
An increase in the gap between women’s and men’s qualifications will see women take two-thirds of high-skilled jobs across the next six years, according to the UK Commission for Employment and Skills (UKCES). The report, UK Skills and International Competitiveness, predicts that by 2020 49% of women will have degree-level qualifications, up from 38% today. For men … Continue reading
Polarization – The four middle skill occupations: 60 percent of employment in 1979, 46 percent in 2012
Cumulatively, these two trends of rapid employment growth in both high and low-‐‑education jobs have substantially reduced the share of employment accounted for by ‘middle skill’ jobs. In 1979, the four middle skill occupations (sales, office and administrative workers, production workers, and operatives) accounted for 60 percent of employment. In 2007, this number was 49 … Continue reading
US – Employers are no longer investing resources in training
Yesterday my colleague, Matthew Philips, raised an interesting question about the skill gap, pointing to new research that claims the problem is not that workers are unqualified, but that companies’ expectations have changed: They are no longer investing resources in training their staff. It’s not hard to see why. Training is expensive, and Philips notes … Continue reading
Top 10 Skills that usually aren’t taught at school
10. Computer Science With all the emphasis on learning to code these days, it’s hard to believe most schools aren’t teaching computer science. 9. Speed Reading Being a speed reader doesn’t make you a genius or necessarily help you truly comprehend books more than everyone else, but speed reading techniques can still be useful to … Continue reading
Wal-Mart in China – To invest in a three-year training program for 20,000 vocational school graduates
Wal-Mart Stores Inc is helping to launch a three-year training program across China with the aim of producing more than 20,000 vocational school graduates to meet the increasing demand of the retail job market. Wal-Mart China will team up with the China Chain Store and Franchise Association to initiate the Future Retail Star Training program, … Continue reading
Job Search – The words which will lead the right recruitment agents and employers (video)
As an experienced recruiter Andy Headworth has seen big changes in the employment world in the last few years. Online profiles and applications are now often the only way that job-seekers can reach the agencies and employers that are advertising vacancies. Deeana is a recent journalism graduate who is finding it hard to break into … Continue reading
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