Hints and tips:
Related Special Reports
...“Despite the current economic weakness we don’t expect a jump in unemployment — only a slight increase,” said Andrea Nahles, pointing to a tight job market with 1.7mn vacancies and a skills shortage that...
...Even for those in tertiary education, a recent study by the non-profit Education Sub-Saharan Africa noted “the significant skills gap between universities’ offerings and labour market demands”....
...But employers are reluctant to let the gaps between grades shrink further....
...Two decades ago, Steve Jobs, founder of Apple, championed the concept of skills diversification....
...Fiscal policy: Rishi Sunak has strong fiscal cards waiting to be played Employment and unemployment: Partisan fight over US labour market jolted by strong hiring data Circular flow of income: Nissan unveils...
...This was in spite of the weak economic backdrop because “labour ‘mismatch’ had worsened”, with people available to work lacking the skills needed to fill open posts....
...“The EU talent pool is designed to help member states address skill gaps and labour shortages, where they can’t be addressed domestically or in the EU,” said Ylva Johansson, commissioner for migration....
...The odd sight of Chinese youth unemployment climbing to record highs despite a post-Covid boomlet is baffling a lot of people. That’s understandable, because the employment divergence is pretty stark....
...Second, a marked change in the occupational structure of jobs has meant that the proportion of low-pay, low-skill, informal sector jobs has been rising at the expense of higher-paid, high-skill jobs in manufacturing...
...Unemployment is near record lows, and consumers have been spending freely....
...“Baby boomers retiring early takes out experience and skill, and it reduces the labour supply. Then, small businesses tend to be the drivers of job growth....
...“A policy focus more on security and less on growth also puts pressure on youth unemployment,” Hu said. “There is a skills mismatch,” said Eswar Prasad, senior fellow at the Brookings Institution....
...The labour market should remain strong, even though the unemployment rate may rise slightly during the year....
...(IMF) — White-collar layoffs are starting to show up in the household survey (Employ America) — Gender gaps in the labour market widen every summer (Federal Reserve) —Skill depreciation during unemployment...
...Britain’s near record low unemployment belies a deep problem with its jobs market: the country has a major shortage of skills and workers....
...Corruption, administrative hurdles, and the skills gap among youth are other obstacles to business about which companies, Indian and foreign, complain — and which some believe could prevent the country from...
...Over the last 40 years we’ve generally had pretty low unemployment rates and low interest rates. We haven’t had an employment problem....
...Anything that might shift the tight labour market narrative would indeed be pretty major in the current environment, as persistent apparent hiring strength and low-trending unemployment are the main reason...
...The skills gap is a long-running issue, as noted at a recent inquiry by the House of Lords....
...The writer is director of research and advisory at Asia House think-tank Global youth unemployment is soaring. China’s rate is at a record high....
...jobs and “skilling India’s youth for a brighter future”....
...As household incomes are squeezed and central banks raise rates, labour markets are likely to weaken, though no one knows how much. Youth unemployment has already started to tick up again in Europe....
...Latest figures show that employment is at 75 per cent and unemployment is close to a record low of 3.7 per cent....
...Labour unions warn that without a strategy to help older workers find and keep jobs, raising the retirement age will lead to more people claiming unemployment and other benefits....
...The UK currently has jobs to spare....
International Edition