Job Market Monitor
Skills
Europe is still not sufficiently skilled writes the European Commission in Pathways towards full employment
“The economic crisis is fuelling a stream of bad news about jobs in Europe.” writes Robert-Jan Smits, Director-General for Research and Innovation, European Commission in the foreword of New skills and jobs in Europe: Pathways towards full employment (Adapted choosen excerpts by Job Market Monitor to follow) People around us are losing their jobs and … Continue reading
Sudan / Brain Drain / 75,361 left the country looking for better future between 2008-2012
Again it is brain drain, though this time with an alarming pace. In just five years between 2008-2012 a total of 75,361, or more than six fold increase during the period under review, left the country looking for better future mainly in the Gulf states and in particular in Saudi Arabia. A breakdown of the … Continue reading
Britain / Brain Drain / Almost 5,200 university leavers sought employment elsewhere
Almost 5,200 university leavers sought employment in mainland Europe, the Far East and North America last year – up by 1,000 since the start of the economic crisis. Official figures show that graduates from the very best universities are significantly more likely to be tempted overseas, prompting fears that Britain’s most talented young people were … Continue reading
Graduate employability / Heading for a working life of 10,000 days
We’re sleepwalking into a crisis. There is much talk of the ‘lost generation’ of frustrated, angry, debt-ridden 20-somethings with diminishing career prospects. Yet employers continue to wring their hands as they pore over inadequate job applications or realise they’ve hired graduates with little grasp of what the world of work actually requires of them. So … Continue reading
Employability And The Economy
Employability is based on a set of individual characteristics. It is not equivalent to employment, but rather a prerequisite for (gainful) employment. It pertains to someone’s relative ability to obtain and maintain gainful employment, as well as make successful transitions from one job to the next, either within the same company or field or to … Continue reading
Canada / Primer Harper: Lack of skilled labour threatens the economy
Producing more skilled workers, scientists and engineers is the key to Canada’s future prosperity, Prime Minister Stephen Harper says. His analysis may have surprised a Canada-United States business group in Ottawa to talk about cross-border irritants, international trade negotiations, stalled pipelines and the rise of China as an economic power. “This is in fact in … Continue reading
UK Public Sector / 70% of hiring managers saying a lack of new talent is hindering efficiency
Over 1.5m public sector job vacancies will need to be filled by 2017, but ‘poor perception’ is presenting a key barrier to attracting new recruits, according to new research. Bridging the Gap: Developing a framework to attract new talent into the Public Sector – published by the Centre for Economics and Business Research (CEBR) and … Continue reading
Must-Have Job Skills according to WSJ
Even as employers remain cautious next year about every dollar spent on employees, they’ll also want workers to show greater skills and results. For employees who want to get ahead, basic competency won’t be enough. To win a promotion or land a job next year, experts say there are four must-have job skills: 1. Clear … Continue reading
Skills Gap / Shortfall of 40m forecasted by McKinsey Global Institute, China among the worst hit
High-tech companies face a shortfall of some 40m skilled workers by 2020, with businesses based in China likely to be among the worst hit, according to a study by the McKinsey Global Institute. The institute – a research arm of the McKinsey strategy consultancy – says that manufacturing will be the sector of the global … Continue reading
Closing the Skills Gap / Connecting College Students and Employers
There are two major factors we need to address to close this gap and bring students and young professionals closer together with employers. The first factor is empowering students to make informed decisions about their degree and courses they take. It takes 120 credits to graduate with a Bachelor’s Degree, yet the national average is … Continue reading
Canada / Almost half feel overqualified for their jobs
Canadians are not alone in feeling undervalued in the workplace, as a new survey shows almost half of the population feels overqualified for their jobs. The latest global work monitor survey released by recruitment firm Randstad showed 44 per cent of Canadians feel they are overqualified for the positions they fill, while one in five … Continue reading
Skills Gap / No Big Deal writes Businessweek
The much talked-about “skills gap” in the U.S. is more limited than many people think and shouldn’t prevent, or even stall, the U.S. manufacturing renaissance, at least for a while. More severe shortages are likely to develop, however. We need to take steps now to prevent them and make sure that enough new talent enters … Continue reading
UK | Brain Drain | Almost half of those who emigrate are professionals and company managers
Almost half of all Britons who emigrate each year are professionals and company managers, potentially threatening the country’s supply of highly skilled workers, research for the Home Office found. The attractions of a better lifestyle and climate, as well as career opportunities, meant a “large and increasing” number of executives, scientists, academics and doctors have … Continue reading
India – Training – Infosys Trains 100,000 students on skill enhancement
Infosys BPO Ltd., the business process outsourcing subsidiary of Infosys, on Thursday announced that Project Genesis, its flagship Corporate Social Responsibility (CSR) initiative, has trained more than 100,000 students across India to enhance their level of employability in the ITeS industry. Project Genesis is an industry-academia partnership initiative that was launched in Karnataka by Infosys … Continue reading
Nigeria – Boosting Graduates’ Employability Skills
Following the persistent outcry about the poor quality of Nigerian graduates, who are said to be unemployable, Poise Graduate Finishing School, a subsidiary of Poise Nigeria, has introduced an employability skills certification programme known as PSENSE. The PSENSE test, which was designed in collaboration with Biddle Consulting, US, is aimed at solving the recruitment challenges … Continue reading
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