Job Market Monitor
Skills
US / Home Eldercare: Finding Skilled Workers Not Easy
The Great Recession led to a multiplication of home health businesses that is confusing to consumers, most of whom have never sought such services before. Just as more Americans lost their jobs, the demand for elder care increased, drawing displaced workers and entrepreneurs into the market. “There are a ton of them out there, and … Continue reading
Indonesia / Near 70 percent of workforce has not completed junior high school
An influential business lobby has called for better management of Indonesia’s human resources to help the country prepare for entry into a regional economic community in 2015. James Riady, the deputy for health and education affairs at the Indonesian Chambers of Commerce and Industry (Kadin), said at a meeting in Jakarta on Wednesday that it … Continue reading
Austria / Apprenticeship Program faces with a deficit of new apprentices
Austria is facing a 17-year decline in the number of 15-year-olds that began in 2007 and won’t turn upward until 2024, according to government data. Faced with a deficit of new apprentices, the country’s labor ministry last month allowed asylum-seekers under age 25 to enter trade apprenticeships. In addition, a growing number of apprentices begin … Continue reading
US / Half of college grads are overqualified for their current job
Then last week Susan Adams received a report from consulting firm McKinsey, done together with student website Chegg, which is making that pit in my stomach deeper. In October and November of last year McKinsey surveyed 4,900 former Chegg customers, a mix of young people who went to private, public, vocational and for-profit institutions. The findings … Continue reading
The Digital Divide / The largest-ever field experiment on the effects of home computers on academic achievement finds no effects
Computers are an important part of modern education, yet many schoolchildren lack access to a computer at home » write Robert W. Fairlie and Jonathan Robinson in Experimental Evidence on the Effects of Home Computers on Academic Achievement among Schoolchildren (Adapted chosen excerpts by Job Market Monitor to follow). In the United States, schools spend more than … Continue reading
India / 69% of the workforce looking to upgrade skills
A large chunk of the workforce in the emerging markets of Asia-Pacific is looking at skill enhancement and career development when compared to their global peers, says a recent study conducted by a global recruitment firm. As many as 69% of Indian employees are either actively seeking or considering further education or training, significantly higher … Continue reading
India / Employability / Classle launches ‘Ready Steady Jobs’
Classle has launched Ready Steady Jobs, a programme to tackle the employability issue. The training, according to Vaidya Nathan, Chief Executive and Founder of Classle, would consist of a series of video tutorials, discussions and assignments, targeted at helping students develop the skills required to land a satisfying job. ‘It is open to students across … Continue reading
US / What about the 22 percent of young people who drop out of high school?
In the U.S., the percentage of high school graduates by state ranges from 62 percent (Nevada) to 88 percent (Iowa), with an overall average of 78 percent. What about the 22 percent of young people who drop out of high school? What are their prospects? From a historical perspective, this chart shows the economic impact … Continue reading
Only 24% of employers say they are effective in meeting talent needs – Mercer
Employers are investing more money in talent, but much of it is proving ineffective, according to the latest Talent Barometer survey from Mercer. The survey showed that 60% of organisations worldwide have reported increasing their investment in talent in recent years, however only 24% said their plans are highly effective in meeting immediate and long-term … Continue reading
Nova Scotia / Lots of highly skilled workers needed
RORY WILLIAMS wasn’t sure what he wanted to do when he graduated from Dartmouth High School two years ago. So he did what many Nova Scotia kids do: he hit the road. That was fortuitous. His epiphany came while he was working on a farm in Australia when he met a couple of Aussie welders … Continue reading
Canada / High-skilled jobs in Canada have experienced a notable increase in relative share says TD
The issue of job-market “polarization” has captured significant attention in the U.S. and other ad- vanced economies in recent years. This longer-term trend has been characterized by the relative decline of medium-skilled, medium-paid jobs against a backdrop of growing opportunities for both highly-skilled, highly-paid and low-skilled, low-paid employment. Indeed, a 2011 report by TD Economics … Continue reading
US Skills Gap / What if these assumptions are all wrong?
It is conventional wisdom that the United States is suffering from a severe skills shortage, for which low-performing public schools and inadequate teachers must shoulder part of the blame (see here and here, for example). Employers complain that they cannot fill open slots because there are no Americans skilled enough to fill them, while pundits … Continue reading
Apprenticeship / Rolls-Royce Is Hiring
To make sure its cars are everything their buyers desire, Rolls-Royce trains its craftspeople for years. Now the automaker needs more people for its Apprenticeship Program, and it is encouraging teenagers to sign up. People aged 16-24 can apply to be part of the next generation of employees who work with the leather, wood, paint, … Continue reading
US / Closing the Gap: German Skills Initiative hosted in Washington
On Tuesday, January 29th, the German Embassy in Washington, DC hosted “The German Skills Initiative” with many heads of both U.S. and German corporations in attendance. Alongside German Ambassador Peter Ammon, the speakers included U.S. Secretary of Commerce Dr. Rebecca Blank, German Deputy Chief Executive of International Economic Affairs Dr. Volker Treir, CEO of Siemens … Continue reading
Dominican Republic / 100,000 skilled workers needed in tourism
Santo Domingo.- Dominican Republic’s tourism sector needs as many as 100,000 skilled workers, for which the hoteliers and tourism businesses grouped in Asonahores call a great contribution the planned training center, to be sponsored by the Avignon Hotel School. Asonahores vice president Arturo Villanueva said the hotel trade and pastry school will be built in … Continue reading
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