Job Market Monitor
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US – The manufacturing workforce is aging rapidly report finds
The u.s. manufacturing workforce is aging rapidly, with half of the existing workforce only 10-15 years away from retirement. Yet,american manufacturing employers are struggling to build a pipeline of new workers. Some 600,000 positions are currently unfilled, and more than three million additional positions are due to open by 2020. Meanwhile, the youth unemployment rate remains … Continue reading
Resilient Workforce – Some questions you should be asking
If you are not sure of the connection between employee resilience and your company’s ability to thrive in this economy, see how many of these questions you answer “Yes” to: Do you believe it’s challenging for many people to focus on their jobs and keep their spirits up because of what’s going on in their … Continue reading
Silicon Valley’s Workforce – Overwhelmingly white and Asian
The Silicon Valley workforce is overwhelmingly white and Asian, according to newly released corporate reports. The figures show the five companies employ relatively few blacks and Hispanics, and even fewer in managerial or engineering jobs. At both Google and LinkedIn, whites and people of Asian descent make up 91% of the workforce, while Hispanics, blacks … Continue reading
India / 10 per cent of the overall workforce will work through various staffing companies in 2025
Temporary workforce in India’s organised sector is expected to swell up to 9 million over the next 10 years. The country at present has 1.3 million temporary workers in the organised sector. By 2025, it is expected that 10 per cent of the overall workforce in India could be working in a flexible capacity through … Continue reading
US Aerospace Industry / The silver tsunami (the aging of population) will hit
The so-called silver tsunami — the aging of the country’s population — will hit the aerospace industry especially hard. It received an influx of workers in the Apollo era, when the country’s space program was shooting for the moon and generating buzz. Cuts to that program in the mid- to late-1970s and 1980s, plus the … Continue reading
US Skills Gap / The Labor Market Polarization
the decline in the share of workers in middle-skill jobs is due both to a decline in inflows into these jobs and because of a rise in outflows from these jobs research finds Continue reading
US Labor Market / Has the Great Recession created new behaviour ?
The question is whether the Great Recession had created “behavioral changes” in the labor markets. Continue reading
After the Recession in US / More seniors and and fewer 18- to 29-year-olds in workforce
As the U.S. economy continues its sluggish recovery from the recession and global economic crisis, more seniors and fewer young adults are in the workforce now compared with 2010 Continue reading
US / The nonprofit sector employs nearly 18 times more workers than the nation’s utilities industry
A MAJOR ECONOMIC FORCE The data reported here confirm the enormous scale of the nonprofit workforce. U.S. nonprofit establishments employed nearly 10.7 million paid workers in 2010. This accounts for 10.1 percent of our nation’s total private employment and makes the U.S. nonprofit workforce the third largest among U.S. industries, behind only retail trade and … Continue reading
2050: With fewer people we can’t just get rid of people and hire news ones
Mara Swan shared a map showing the predicted distribution for the estimated world population in 2050. It shows that the population is moving east (which represents a big challenge for values and mind-sets – most of our companies are based on Western and Christian values, yet most of the workforce’s are based on Eastern and … Continue reading
US Workforce Development / Layoffs At State Unemployment Agencies
Businesses added 166,000 jobs in January, the U.S. Labor Department announced Friday, while the government eliminated 9,000. The twin trends have been a signature of the past three years of economic recovery. For some state workforce agency staffers, the overall improvement is bad news. With fewer people claiming unemployment insurance benefits, state unemployment agencies will … Continue reading
US / The Future of Federal Workforce Development Policy – A video from Brookings Institution
The overhaul of the Workforce Investment Act (WIA) in the late 1990s put in place a new framework to provide federal job training programs to workers and to “improve the quality of the workforce, reduce welfare dependency, and enhance productivity and competitiveness.” Reauthorization of WIA is long overdue, as the Act’s provisions technically expired nearly … Continue reading
Singapore | Working age population to contract by over 330,000
“The world’s working-age population will increase by over a billion people over the next 20 years, but all growth will come in developing economies while at the same time the developed world will see its workforce shrink and age. In Singapore, the working age population will fall by 338,000 people by 2030.” writes Chris Mead … Continue reading
Re-entering the workforce after taking time off to stay at home with kids can be an intimating process
Many females worry about their skills still being relevant and if they will still fit in and adapt to a workplace environment all while juggling their new added responsibilities at home. The good news is that a recent Korn/Ferry executive survey shows almost 50% of women say having children did not impact their career progression, … Continue reading
Australia – Workforce gives up and drops out
AUSTRALIANS are dropping out of the workforce at unprecedented rates. Since the end of 2010, Bureau of Statistics figures show, two-thirds of the growth in the adult population has been among people who are neither employed nor unemployed, just sitting on the sidelines. New jobs figures yesterday show that in the past 18 months, the … Continue reading
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