Job Market Monitor
Skills
LinkedIn Learning’s 2021 Workplace Learning Report – It’s all about rapid skill building at scale
In 2021, it’s all about rapid skill building at scale In the fifth year of the Workplace Learning Report, we mark a pivotal moment in the industry. Gleaned from survey data, LinkedIn Learning platform insights, and industry news, one thing is crystal clear. Learning has taken center stage and is essential to help organizations develop … Continue reading
Covid in Europe – It challenges skills intelligence
Pandemic-induced social distancing measures and large-scale lockdowns have caused an econom- ic downturn that is more severe than the recession following the 2008 global financial crisis. In a little more than a year, the ubiquitous health threat has unsettled almost all areas of society and economy, learning and working being no exception. In the previous … Continue reading
Skill Needs – A guide for survey and forecast
The world of work is being impacted by a fourth industrial revolution, transformed by artificial intelligence and other emerging technologies. With forecasts suggesting large shares of workers, displaced by automation, in need of upskilling/reskilling, the design of active skills policies is necessary. Conventional methods used to anticipate technological change and changing skill needs, such as … Continue reading
Big Data for Skills Policy – Tapping into the potential of it
This publication has been prepared by the interagency technical vocational education and training (TVET) group on skill mismatch in digitised labour markets, to support experts and policy-makers who wish to engage in discussion on the potential of web-based big data for skills policy. It outlines how such data can be used to mitigate labour market … Continue reading
Skills and Credentials in US – IBM’s letter to US Secretary of Education nominee Miguel Cardona and Secretary of Labor nominee Marty Walsh
IBM today sent the following letter to US Secretary of Education nominee Miguel Cardona and Secretary of Labor nominee Marty Walsh: To incoming Secretaries Cardona and Walsh, As you take office amid a global pandemic, I know you must be all too aware of the 11 million unemployed Americans and the 77 million students in … Continue reading
Skills and Credential Chaos in US – New reports find nearly one million credentials and $2t in yearly education and training expenditures
Today, Credential Engine released two reports that offer unprecedented understanding of the credential landscape. The first report, Counting U.S. Postsecondary and Secondary Credentials, offers the most accurate and robust estimate of credentials across 16 categories—including both traditional degrees, certificates, certifications, licenses and apprenticeships as well as non-traditional offerings such as badges. The report estimates that … Continue reading
Recovery from Covid and Jobs in US – More jobs and more skills needed
Permanently displaced workers now total nearly 4 million and rising, with the heaviest concentration among fairly low-wage workers. Their skill sets and work experience will not immediately lead them to new jobs, and they face the prospect of long periods without work or lower wages than before, even if the overall labor market tightens. For … Continue reading
What skills do we need for the future? It depends
Right now, upskilling your workforce is a matter of survival. Massive workforce shifts in 2020 have forced countless workers to refresh their current skills — and build new ones. If you’re wondering what skills are critical to you moving into 2021, it depends entirely on who you are, where you work, and what you do. … Continue reading
Skills – Acquisition and development is not enough, skills utilisation is necessary
About the Business Performance and Skills Survey The Business Performance and Skills Survey (BPSS) is a study of skills utilisation from the perspective of the commercial establishment. The analyses and findings from this study will provide relevant and timely data on skills demand and skills utilisation at the establishment level for tracking and diagnostic purposes … Continue reading
Literacy Skills and Economic Performance In Canada – They have become an even more important determinant of economic growth
We pool expanded international data from the PIAAC survey of adult skills across Canadian provinces and other participating countries to replicate the IALS-based analysis by Coulombe, Tremblay and Marchand (2004) as well as Coulombe and Tremblay (2006) based on more recent and more comprehensive data on the literacy skills of the adult population. Our results … Continue reading
Skills in Canada – Five priority areas for building a country that supports ongoing learning
Whether Canadians are looking for a job, working from home or changing how they work in order to respect public health guidelines, many are facing new challenges as a result of the global COVID-19 pandemic. In order to tackle these challenges, we need to ensure Canadians have access to the tools they need to learn … Continue reading
Firm Investments in Skills in UK – EU Referendum and the Financial Crisis made firms less likely to increase expenditure on worker training
Investments in both human and physical capital are key drivers of economic growth and productivity gains. The United Kingdom has had a turbulent recent history, being strongly affected by the Global Financial Crisis of 2008 and more recently voting to leave the European Union, its largest trading partner. We use firm-level survey data for the … Continue reading
COVID – Two-thirds of company leaders say their organizational cultures currently place a high or very high value on learning
In a new survey, leaders say the pandemic has alerted them to the urgency of getting learning programs right. Yet companies are falling short in delivering outcomes, and executives can do more to support capability-building efforts. Across the globe, company leaders report that the value of capability building has increased dramatically since the start of … Continue reading
Matching Skills Needs with Big Data – Multiple competing vendors, covering a range of countries with different languages, providing services commercially to universities and employers
In dynamic and rapidly changing labour markets, the identification of skills needs is an important challenge. Imbalances on the labour market, reflected by difficulties faced by businesses in sourcing the skills they need, high incidences of skills mismatch, and significant unemployment or underemployment especially among youth, are common to most countries, independently of their level … Continue reading
New Foundational Skills in Middle and High Schools – The educational opportunity gap is large and grows larger the more teachers value them
Labor market data and previously reported research confirm that the skills required of the modern workforce have changed. The New Foundational Skills of the modern economy include greater digital savvy, increased business acumen, and more versatile human and team- centered workplace competencies. These skills generate substantial salary premiums for the students and workers who master … Continue reading
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