Article upgrade yourself or stay unemployedBogdan Negru
Academic paper on the connections between the skills gap and rising unemployment among young people. A study carried out in Romania confirming Consulting Firm McKinsey's global study.
The skills that matter in the race between education and technology. Harry An...eraser Juan José Calderón
The skills that matter in the race between education and technology. Harry Anthony Patrinos
Practice Manager, Education, World Bank
Prepared for the 2016 Brookings Blum Roundtable
Article upgrade yourself or stay unemployedBogdan Negru
Academic paper on the connections between the skills gap and rising unemployment among young people. A study carried out in Romania confirming Consulting Firm McKinsey's global study.
The skills that matter in the race between education and technology. Harry An...eraser Juan José Calderón
The skills that matter in the race between education and technology. Harry Anthony Patrinos
Practice Manager, Education, World Bank
Prepared for the 2016 Brookings Blum Roundtable
Creating Sustainable Careers in Information TechnologyCompTIA
What can the industry do to combat the widening IT skills gap? The Creating IT Futures Foundation offers lessons learned from its IT-Ready Apprentice program which is pioneering new methods in workforce development and bringing diverse populations into the IT workforce.
Pathways to Prosperity:Meeting the Challenge of Preparing Young Americans for the 21st Century
William C. Symonds
Director
Pathways to Prosperity Project
Harvard Graduate School of Education
Frankfort, Kentucky
September 21, 2011
Creating Sustainable Careers in Information TechnologyCompTIA
What can the industry do to combat the widening IT skills gap? The Creating IT Futures Foundation offers lessons learned from its IT-Ready Apprentice program which is pioneering new methods in workforce development and bringing diverse populations into the IT workforce.
Pathways to Prosperity:Meeting the Challenge of Preparing Young Americans for the 21st Century
William C. Symonds
Director
Pathways to Prosperity Project
Harvard Graduate School of Education
Frankfort, Kentucky
September 21, 2011
Deloitte Dbriefs Program Guide | April - June 2014Franco Ferrario
Object : Anticipating tomorrow's complex issues and new strategies is a challenge. Stay tuned in with DBRIEFS Llive webcasts that give you valuable insights on important developments affecting your business
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This UKTI report, written by The Economist Intelligence Unit, looks at how to foster an entrepreneurial mindset both through education systems and business experience, and what makes entrepreneurs thrive. Read more>>http://bit.ly/16vlYCB
Attracting and retaining the next generation of talentJennifer Falzon
It is clear that the dynamics and demographics of the Canadian workforce are changing. Currently, more than 50 per cent of the Canadian workforce is comprised of Millennials, those roughly born between 1980 and 2000. This is a staggering and important change for all industries in Canada.
The report aims to provide organizations with new approaches and opportunities to attract, engage and most importantly, retain these workplace game-changers. With high levels of student debt and a youth unemployment rate twice the national average, the next two generations of talent have new needs, expectations and are hungry for experience.
Learn how your organization can build a desirable employer brand by connecting and investing in students, foster talent despite the risk of mobility and create a nurturing environment for the next two generations of employees. There will be a direct correlation between the success and growth of your organization and its ability to attract and engage Gen Y & Z.
yconic owns and operates the largest youth market research panel in Canada. Over 550,000 youth between the ages of 13 and 30 have opted in to participate in our consumer surveys. We help our partners gain key insights into the youth demographic, leading to better marketing and product decisions for the teen and young adult market. For more information, visit we.are.yconic.com.
Waleed AboalsunoonDr. Frederick J. Oerther01292015Assignem.docxmelbruce90096
Waleed Aboalsunoon
Dr. Frederick J. Oerther
01/29/2015
Assignemnt 1 1 1
Waleed Aboalsunoon
6
Upsurge in Youth Unemployment
The international Labour organizations have recently released disturbing statistics that estimates that there are 75 Million youngsters aged between 15 and 24 years old are looking for job opportunities across the globe. This figure however excludes a very large number of youth who never participates in the labour market. Statistics released by the World Bank further reveal that there are estimated 26 Million youth who are not in education, employment or training (NEETs) in 34 rich nations while in developing countries, there are 262 Million such youths. An estimated 290 Million youths aged between 15-24 years old are not at all participating in the labour market-this is almost a quarter of the world’s youth population or almost equal to the Americas total population; this is a real problem facing this generation.
Some of these youths do not work for cultural reasons (75.2 M South Asian women) while others choose not to work especially in the rich world but a large number lack job opportunities especially in the developing countries. A fifth of these youth become unpaid laborers or end up working in the informal sector hence half of the world’s youth are contributing less effectively in the labour market. There are multiple causes of youth unemployment which include relevance and quality of education, inflexibility of the labour market and its regulations which cause dependency (Goldstein, F. 2012 P. 32).
The first root of youth unemployment is attached to poor quality and irrelevance of education with Tunisia posing a good example where 40% of its unemployed youth are graduates against 24% of non-graduates. Education no longer guarantees a good job since it is less tailored to the needs of the job market and this leads to employers lacking personnel with required skills and hence preferring some of the uneducated but have gained experience over time and relevant skills in the labour market and the youth are left jobless.
Labour market institutions, regulations and policies play a key role in promotion of labour demands and in support of the transition from education to the working environment. Employment protection regulations have dire negative effects on the youth seeking employment since it protects them from being fired during an economic downturn. This discourages employers from employing them and these has led many youths to unpaid unemployment with employers softly referring to them as internships where they perform grunt-work rather than learning key knowledge and skills (International Labour Organization, 2010 Pg.21).
A “lost generation” has been borne out of this crisis leading to the “full-nest syndrome” where youths live with their parents and depend on them up to their late twenties and some to their thirties which is a worrying trend. The other members of the family start looking for opport.
Abstract: Discouraged Youth’ is defined as those youth who are not working even though they have expressed a desire to work, but due to the fact that they felt that undertaking a job search would be a futile effort, have not continued with the effort to seek a job . The magnitude of this crisis is a cause for concern for Mauritius; hence this study was conducted with the objective of creating a deeper understanding of discouraged youth. Primary data is used for this study, and the survey covers a sample of 500 unemployed youth across the island. The probit regression model is used to analyse the determinants affecting discouraged youth. The findings of the study found that age, age2, marital status, gender and tertiary education, area of study based on friend’s opinion, length of unemployment less than 12 months and prior experience have an impact on discouraged youth. From the analysis it was noted that education and training systems should be revisited to bridge the skills gap.
Keywords: Labour Force, Unemployment, Discouraged Youth, Probit Regression Analysis, Mauritius.
Abstract: Discouraged Youth’ is defined as those youth who are not working even though they have expressed a desire to work, but due to the fact that they felt that undertaking a job search would be a futile effort, have not continued with the effort to seek a job . The magnitude of this crisis is a cause for concern for Mauritius; hence this study was conducted with the objective of creating a deeper understanding of discouraged youth. Primary data is used for this study, and the survey covers a sample of 500 unemployed youth across the island. The probit regression model is used to analyse the determinants affecting discouraged youth. The findings of the study found that age, age2, marital status, gender and tertiary education, area of study based on friend’s opinion, length of unemployment less than 12 months and prior experience have an impact on discouraged youth. From the analysis it was noted that education and training systems should be revisited to bridge the skills gap.
Risck intelligence in the energy and resources industry Franco Ferrario
DELOITTE TECHNOLOGIES
Risk Intelligence in the Energy & Resources Industry
Enterprise Risk Management Benchmark Survey Report
Upload by Franco Ferrario CIO Temporary Manager
This comprehensive program covers essential aspects of performance marketing, growth strategies, and tactics, such as search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing, social media marketing, and more
The Impact of Artificial Intelligence on Modern Society.pdfssuser3e63fc
Just a game Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?
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Hector is VP of Professional Development at the PMI Silver Spring Chapter, and CEO of Bold PM. He's a mid-market growth product executive and changemaker. He works with mid-market product-driven software executives to solve their biggest growth problems. He scales product growth, optimizes ops and builds loyal customers. He has reduced customer churn 33%, and boosted sales 47% for clients. He makes a significant impact by building and launching world-changing AI-powered products. If you're looking for an engaging and inspiring speaker to spark creativity and innovation within your organization, set up an appointment to discuss your specific needs and identify a suitable topic to inspire your audience at your next corporate conference, symposium, executive summit, or planning retreat.
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New Explore Careers and College Majors 2024.pdfDr. Mary Askew
Explore Careers and College Majors is a new online, interactive, self-guided career, major and college planning system.
The career system works on all devices!
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Transferable Skills - Your Roadmap - Part 1 and 2 - Dirk Spencer Senior Recru...
Education to employment getting europes youth into work
1. JA NUARY 2014
Education to employment:
Getting Europe’s youth
into work
Mona Mourshed, Jigar Patel, and Katrin Suder
Youth unemployment across the European Union remains
unacceptably high, to the detriment of current and future
generations. Addressing it requires understanding its causes
and then relentlessly pursuing solutions.
The problem of youth unemployment in the European Union is not new. Youth
unemployment has been double or even triple the rate of general unemployment in Europe
for the last 20 years. The events of the past few years have dramatically exacerbated it, however:
5.6 million young people are unemployed across Europe, and a total of 7.5 million are neither being
educated nor are they working. Moreover, while young people are eager to work, more than half of
those without jobs say they simply can’t find one—all while businesses across Europe insist they
struggle to find young people with the skills they need.
To understand this disconnect and what can be done about it, McKinsey built on the methodology
used in our 2012 publication, Education to Employment: Designing a System that Works.1
We concentrated on four broad questions:
1. Is the scale of the youth-unemployment problem in Europe a result of lack of jobs, lack of skills,
or lack of coordination?
2. What are the obstacles that youth face on their journey from education to employment?
3. Which groups of youth and employers in Europe are struggling the most?
4. What can be done to address the problem?
To answer these questions, we surveyed 5,300 youth, 2,600 employers, and 700 postsecondaryeducation providers across 8 countries that together are home to almost 73 percent of Europe’s
1
The report focused on the
following countries: Brazil,
Germany, India, Mexico,
Morocco, Saudi Arabia, Turkey,
the United Kingdom, and the
United States.
5.6 million jobless youth: France, Germany, Greece, Italy, Portugal, Spain, Sweden, and the United
Kingdom. We also examined more than 100 programs in 25 countries to provide examples of
companies, governments, education providers, and nongovernmental organizations that may
be relevant to Europe.
2. 2
Our research led us to the following answers:
1. While there are more people looking for work, employers in Europe cannot
find the skills they need.
Clearly, the lack of availability of jobs in Europe is part of the problem, but it is far from
the whole story. In many countries, the number of people employed has actually remained
steady, and in some countries, increased, since 2005. A greater number of older people
are working longer, and more women with children are choosing to join or remain in the
workforce. Across the 15 countries that were members of the EU prior to May 2004, for
example, the percentage of people aged 55 to 59 who are in the labor market has jumped
11 percentage points since 2005, while increasing 4 percentage points among women aged
35 to 39. This increase in the participation rate in a demand-constrained environment means
greater competition for jobs for younger people, who are disadvantaged by their lack of proven
experience. Meanwhile, labor-market regulations that discourage hiring and firing, which
are common in Europe, make it even more difficult for youth to step onto the first rung of
the employment ladder.
Yet despite this availability of labor, employers are dissatisfied with applicants’ skills: 27 percent
reported that they have left a vacancy open in the past year because they could not find anyone
with the right skills. One-third said the lack of skills is causing major business problems,
in the form of cost, quality, or time. Counterintuitively, employers from countries where youth
unemployment is highest reported the greatest problems. So why is it that young people are
not getting the skills that employers need? One reason is the failure of employers, education
providers, and young people to understand one another. To cite our 2012 report, they operate
in “parallel universes.”
In Europe, 74 percent of education providers were confident that their graduates were
prepared for work, but only 38 percent of youth and 35 percent of employers agreed. The
different players don’t talk to one another and don’t understand one another’s expectations
and needs. Only in Germany and the United Kingdom did most employers report that they
communicate with education providers at least several times a year. In Portugal, only a third
did. And only in Spain did most employers report that their interactions with providers were
actually effective.
2. Youth face three significant hurdles.
The education-to-employment (E2E) path can be described as a road with three intersections:
enrolling in postsecondary education, building the right skills, and finding a suitable job.
The problem is that in Europe there are roadblocks at each of these three points.
3. 3
When it comes to enrolling in further education, the most significant barrier in Europe is
cost. Although university tuition fees are usually highly subsidized in Europe, many students
find the cost of living while studying too high to sustain. Also, in a number of countries,
nonacademic, vocational courses are not subsidized and can therefore be prohibitively
expensive. Students also lack information: except in Germany, less than 25 percent said
they received sufficient information on postsecondary courses and careers to guide their
decisions. And finally, most of those surveyed said they perceived a social bias against
vocational education; less than half of those who wanted to undertake a vocational course
actually did so.
At the second intersection, young people are often not learning a sufficient portfolio of general
skills while they study, with employers reporting a particular shortage of soft skills such as
spoken communication and work ethic. Employers and providers are not working together
closely to address this.
At the final intersection, young people find the transition to work difficult. One-third fall
into interim jobs after graduating, and many more struggle to find a job at all. Many lack
access to career-support services at their postsecondary institution. Many more do not
pursue a work placement, in spite of this being a good predictor of how quickly a young
person will find a job after his or her studies are completed.
3. The E2E structure is failing for young people and for small businesses.
To refine our understanding of the issue, we divided young people and employers into
segments to examine different interventions to achieve better E2E outcomes. Specifically,
we looked at how much support young people received on their path from education to
employment, and the extent of their desire to develop skills that would make them more
employable (Exhibit 1).
Only one of our segments, the so-called high achievers, which represent 10 percent
of the youth surveyed, achieves a good employment outcome. This group succeeded
because the young people in it receive a strong education and good information;
they also focus on finding opportunities to build job skills. Another two segments,
representing 11 percent of youths surveyed—what we call “coasters” and “meanderers”—
receive strong support but are less motivated and end up only moderately satisfied
with their job outcomes. The remaining four segments (79 percent) are frustrated
by a lack of support and unhappy at their prospects. They exhibit different responses
to these circumstances, from fighting for every opportunity they can get (but rarely
succeeding) to losing heart and leaving education at the first opportunity.
4. 4
Web 2014
E2E Europe
Exhibit 1 of 2
Exhibit 1
Few young people have a successful journey to employment.
Youth segmentation based on practices, beliefs,
and educational achievement,1 %
(100 = 3,659)
Low
High
Coasters
6%
High
Access
How much support
did you receive on
your path from
education to
employment?
Degree of success2
High
achievers
10%
Meanderers
5%
Dreamers
14%
Medium
Nonbelievers
27%
Persisters
17%
Strugglers
20%
Low
Low
Medium
High
Desire for employability
How great was your desire to become employable?
Survey included respondents in France, Germany, Greece, Portugal, Spain, Sweden,
and the United Kingdom; Italy was not included in segmentation analyses.
2
Success of segment based on unemployment rate after secondary education, time to
employment, level of job satisfaction, and whether young people found a job relevant
to what they had studied.
1
Source: 2013 McKinsey E2E Europe youth survey
We based our employer segmentation on the ease with which employers could find new hires
and the degree to which they were prepared to invest in training (Exhibit 2). While two of
the four segments are basically satisfied with their workforce, they start from very different
places. One segment, representing 19 percent of employers, is able to attract strong candidates
and invests substantially in training new hires. A high proportion of the companies in this
group are large companies with an established market position. The other satisfied segment,
representing 26 percent, finds it difficult to attract strong candidates but develops a strong
workforce through training and partnerships. Of the two less satisfied segments, one
(34 percent) reports moderate satisfaction but tackles the skills problem alone. The other
5. 5
Web 2014
E2E Europe
Exhibit 2 of 2
Exhibit 2
Less than half of employers are satisfied by their workforce’s skill levels.
Employer segments based on ease with which
they were able to find new hires and degree to
which they were prepared to invest in training,1 %
(100 = 2,172)
The renowned
“My reputation attracts the skilled
candidates I need, and I am willing to
invest in training and cooperate with
others to ensure this does not change”
19
The engaged
1
“Recruitment is difficult. I overcome the
skills gap by investing to train new hires
to fit my needs, and I work closely with
providers and other companies”
26
34
The stand-alone
The disengaged
Addresses skill shortage
Partly addresses skill shortage
Does not address skill shortage
21
“I invest internally to address the skill
gap, but I do this by myself”
“I know that the skill gap could negatively
influence my company in the future, but
it is not yet a big enough issue to act on”
Survey included respondents in France, Germany, Greece, Portugal, Spain, Sweden,
and the United Kingdom; Italy was not included in segmentation analyses.
Source: 2013 McKinsey E2E Europe youth survey
(21 percent) is disproportionately made up of small businesses and is the least satisfied.
This group struggles to find people with the right skills yet either does not, or cannot,
invest in training.
In contrast to the findings of our global survey, in Europe, small firms were more likely than
large ones to report problems in their business due to lack of skills. They also have the greatest
problems in identifying and recruiting new hires and are less likely to work with education
providers or other employers to tackle their skills problems. This phenomenon is particularly
acute in Greece, which has both very high rates of youth unemployment and a high reliance on
small businesses as a source of employment.
Understanding the mix and concentration of employer and youth segments by country is critical—
each segment requires a different set of interventions to reach its potential.
6. 6
4. There are proven ways to improve the E2E journey.
Europe’s governments, employers, education providers, and families are operating in difficult
circumstances, but there are ways to ease the burden on all of these groups.
Innovate with design, course delivery, and financing to make education more affordable
and accessible
To reduce the cost of courses, one solution is to break up degree or vocational programs into
individual modules that focus on building a particular set of skills while still counting toward
a degree or formal qualification. Each of these modules would be short (weeks or months) and
self-contained, enabling young people to combine and sequence them in the order that makes
most sense for their career aspirations. This model also enables young people to take a break
in their studies to work for a period, and then return and pick up where they left off.
To improve financing, governments and private financial institutions can offer low-interest
loans to students pursuing courses that have a strong employment record; they can also explore
initiatives that allow young people to repay loans in the form of services, such as tutoring younger
students. Employers can play a role by promising jobs to young people (following a rigorous
recruitment process) and then assuming responsibility for part or all of the costs of education in
return for the opportunity to select the most successful graduates, trained with the most relevant
skills they need. This latter option is only likely to be successful, however, for employers in sectors
that face either a skills scarcity or high employee churn.
Focus young people, employers, and education providers on improving employment readiness
Young people, employers, and providers must change how they think about the E2E process. To
make rational decisions, young people need to think more strategically about their futures. This is
particularly important in Europe, where students often have to make life-defining decisions about
their educational future by age 15—the time when many choose whether to pursue academic or
vocational tracks. Students need more and better-quality information about different career
paths, and need to be motivated to use it.
Education providers should focus more on what happens to students after they leave school.
Specifically, they should track graduates’ employment and their job satisfaction. To improve
student prospects, education providers could work more closely with employers to make sure
they are offering courses that really help young people prepare for the workplace.
Employers cannot wait for the right applicants to show up at their doorsteps. In the most effective
interventions, employers and education providers work closely to design curricula that fit business
needs; employers may even participate in teaching, by providing instructors. They might also
7. 7
consider increasing the availability of work placements and opportunities for practical learning.
Larger enterprises may be able to go further, by setting up training academies to improve required
skills for both themselves and their suppliers.
Build the supporting structures that allow the best interventions to scale up
At a national level in Europe, responsibility and oversight of the E2E highway is split across
multiple government departments, resulting in a fragmented and confusing picture. One way to
improve this is to create a “system integrator” to gather and share information on the most salient
metrics: job forecasts by profession, youth job-placement rates, employer satisfaction with the
graduates of different programs, and so on. The system integrator would also identify and share
examples of successful programs and work with employers and educators to create sectoral or
regional solutions based on these. Technological solutions can also help to compensate for
shortages of apprenticeships and other forms of short-term work placements. “Serious games” that
mimic the workplace context, for example, are low-cost, low-risk ways for students to receive a
personalized learning experience through repeated “play” of the game. While not a full substitute
for an actual apprenticeship, this approach offers a substantial step forward in providing the
applied skills that employers say young people lack; furthermore, such initiatives can be made
available to greater numbers of young people without needing to find more employers to provide
work placements.
Involve the European Union
To help the most successful interventions reach the greatest number of young people, the
European Union has a critical role to play in three areas:
Information. The European Union could develop and share a more comprehensive labor-market
platform incorporating the most relevant data to capture employment trends in each sector and
region. This would help institutional decision makers, employers, and job seekers make better
decisions, for instance, by helping users understand the implications of the data—whether on the
courses they should offer as an education provider or the skills gaps they should try to fill as a
group of employers within an industry.
Mobility. The European Union can improve educational and labor mobility by working to make
vocational qualifications transferable across borders, as has already largely been achieved in the
university-education process in Bologna.
Sharing relevant practices on matching labor-market demand and supply. The European Union
is in the best position to take the lead on helping national public-employment services compare
their successful interventions, and then disseminate and promote those that are relevant to
similar-context countries.