Job Market Monitor
training
OECD – Inequality – Skills Gap : Increasing Earnings Gap due to a Skills Gap Calls for Up-skilling
“Over the two decades to the onset of the global economic crisis, real disposable household incomes increased in all OECD countries, by 1.7% a year, on average. In a large majority of OECD countries, household incomes of the top 10% grew faster than those of the poorest 10%, leading to widening income inequality” and “increases … Continue reading
Australia – India: SkillsDMC to train 500 million people for NSDC
Australia’s industry skills council SkillsDMC has signed an agreement with India’s NSDC to impart training to 500 million people in key industry areas by 2022. SkillsDMC has signed an MoU with Indian counterpart National Skills Development Corporation (NSDC) to support the establishment of the Indian Sector Skills Council for mining. It will also provide for … Continue reading
Skills Gap – Employers and Colleges Point Fingers at Each Other
For much of the first decade of the new millennium, Samuel J. Palmisano and A.G. Lafley led two of the biggest names in American business: IBM and Procter & Gamble. By the time they were named chief executive officers, the two iconic companies were in need of the makeovers the two leaders eventually helped engineer. … Continue reading
Integrating Skill Acquisition Into Day-to-Day
Economies around the world are challenged with a chronic lack of skilled employees. Despite high unemployment levels, many companies struggle to find people who have the technical qualifications and experiences needed to fill critical roles … http://www.forbes.com/sites/sap/2012/09/13/embedded-learning-integrating-skill-acquisition-into-day-to-day-activities/
German-Style Apprenticeships – Would it Work in the U.S.?
In a world of high youth unemployment, where the supply of skilled labor often fails to match employer demand, Germany believes help can be found in its Dual Vocational Training System (TVET)—a time-tested economic model now incorporated into the Federal Republic’s law. This program, many supporters believe, is the reason why Germany has the lowest jobless rate among … Continue reading
US Unemployment System – A Bad Employment Policy
…Between 2008 and 2011, $174 billion in unemployment taxes was collected while $450 billion was paid out in benefits, a gap of $276 billion. Thirty-four states blew through their unemployment insurance trust funds and borrowed from Washington — and 22 of those still owe the feds a total of more than $30 billion, according to … Continue reading
UK – How will training budgets change
How have learning and development budgets changed over the past 12 months? Across the whole economy, nearly two-fifths of organisations say their learning and development budget has remained unchanged over the past year. A further three in ten report a decrease, while one in four says it has increased. More than half of respondents from … Continue reading
UK – Employers reluctant to invest in training during tough times
But organisations cut training despite believing in benefits The majority of executives believe that training boosts productivity and profits, but are reluctant to back this by investing in it during tough times, research has shown. A survey of UK and US senior executives by the Economist Intelligence Unit (EIU) found that 90 per cent agreed … Continue reading
US – Stop the vocational education failure
Many American adolescents don’t want to go to college. They reject as boring and aggravating the Advanced Placement, International Baccalaureate and other college-level courses offered to them in high school. Yet, they need reading, writing, math and time-management skills for good jobs or trade school slots when they graduate. How can they be persuaded to … Continue reading
Book: Why Good People Can’t Get Jobs: The Skills Gap and What Companies Can Do About It | Wharton Digital Press
Even in a time of perilously high unemployment, companies contend that they cannot find the employees they need. Pointing to a skills gap, employers argue applicants are simply not qualified; schools aren’t preparing students for jobs; the government isn’t letting in enough high-skill immigrants; and even when the match is right, prospective employees won’t accept … Continue reading
Illinois | Manufacturing is back in Metro-east
Those words were projected on the PowerPoint slide before a gathering of metro-east manufacturers, economists and analysts at a forum last week at America’s Central Port in Granite City to discuss the state of metro-east manufacturing. Contrary to popular belief, these experts say that although the manufacturing sector here and across the country has shed … Continue reading
Technical and vocational education (TVE) | The what, the how much, the when & the who
Here are some statements extracted from a World Bank report by Arvil V. Adams entitled The Role of Youth Skills Development in the Transition to Work: A Global Review (2007) on commonly asked questions. A kind of reminder. Does TVE payoff? TVE does payoff under the right conditions. Evidence shows that TVE is more effective when focused … Continue reading
The effects of firm sponsored training for low skilled workers is very positive
“Very few papers exist that focus on firm sponsored training for low skilled workers” writes Ruud Gerards in his preliminary version of his paper. He uses “company data, which is especially rare considering the focus on low skilled workers. Second, they span up to 16 years of wage, job promotion and job performance information for … Continue reading
Which skills do count when you are unemployed and looking for work ?
There are two groups of skills that make a difference if you’re looking for work : Your search skills Your own skills, your competencies.
Co-Workers Get a Chance to Change Places – WSJ.com
Employers are mixing it up. Jobs, that is. Some U.S. businesses are giving employees the chance to complete a stint in a different department or temporarily swap places with a colleague overseas. Companies have long provided job rotations for higher level executives to give them a sense of how different departments operate, but now they … Continue reading
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