Sweden's output has been lifted by an expanding labour force, investment and a recent pick-up in productivity.Unemployment is receding, although it remains relatively high for vulnerable groups, notably the foreign-born.
Sweden's output has been lifted by an expanding labour force, investment and a recent pick-up in productivity.Unemployment is receding, although it remains relatively high for vulnerable groups, notably the foreign-born.
Economic growth of around 7½% makes India the fastest-growing G20 economy. The acceleration of structural reforms, the move towards a rule-based policy framework and low commodity prices have provided a strong growth impetus.
The spatial dimension of productivity in Italian co-operatives- Wessel VermeulenOECD CFE
Presentation by Wessel Vermeulen, Economist, OECD Trento Centre at the OECD webinar “Building capacities for enhanced productivity in the co-operative sector” held on 1 December 2021. More information https://www.trento.oecd.org
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Latvijas Bankas ekonomista Oļega Krasnopjorova 2021. gada 27. maija prezentācija “Labour Market Changes due to the Pandemics” Latvijas Kristīgās Akadēmijas starptautiskajā seminārā
Presentation of the OECD Territorial Review of the Netherlands, The Hague, Ne...OECD Governance
Presentation of the OECD Territorial Review of the Netherlands, The Hague, Netherlands, 24nd April, 2014. Presented by Enrique Garcilazo, David Bartolini & Isabelle Chatry from the OECD's Public Governance and Territorial Development directorate. More information on this publication can be found at www.oecd.org/gov/regional-policy/territorial-review-netherlands.htm
Economic growth of around 7½% makes India the fastest-growing G20 economy. The acceleration of structural reforms, the move towards a rule-based policy framework and low commodity prices have provided a strong growth impetus.
The spatial dimension of productivity in Italian co-operatives- Wessel VermeulenOECD CFE
Presentation by Wessel Vermeulen, Economist, OECD Trento Centre at the OECD webinar “Building capacities for enhanced productivity in the co-operative sector” held on 1 December 2021. More information https://www.trento.oecd.org
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Latvijas Bankas ekonomista Oļega Krasnopjorova 2021. gada 27. maija prezentācija “Labour Market Changes due to the Pandemics” Latvijas Kristīgās Akadēmijas starptautiskajā seminārā
Presentation of the OECD Territorial Review of the Netherlands, The Hague, Ne...OECD Governance
Presentation of the OECD Territorial Review of the Netherlands, The Hague, Netherlands, 24nd April, 2014. Presented by Enrique Garcilazo, David Bartolini & Isabelle Chatry from the OECD's Public Governance and Territorial Development directorate. More information on this publication can be found at www.oecd.org/gov/regional-policy/territorial-review-netherlands.htm
Understand Human Resource Planning (HRP) and purpose of HRP.
Identify the relationship between strategy and HRP.
Identify the steps of HR planning process.
Describe the approaches to understand the jobs.
Discuss the phases of job analysis, including what it is and how it’s used.
Design model for forecasting HR requirements and employee requisition form.
Develop job descriptions , including summaries and job functions, using the Internet and traditional methods by using Job analysis questionnaire.
Develop job specifications using the Internet as well as your judgment.
Explain job analysis in a “jobless” world, including what it means and how it’s done in practice.
The Wind of Change: Economic and Financial OutlookLatvijas Banka
Presentation by Governor of Latvijas Banka and member of the Governing Council of the European Central Bank Mārtiņš Kazāks during discussion on Latvia's economic developments in Brussels.
Presentation of Prof. Lars Feld - The Economic Situation in EMU - Where do we...Bankenverband
GCEE Business Cycle Update, March 2018: “In the euro area, the level of indebtedness of many member states remains very high. This is particularly true of Italy where the national debt stands at over 130 % of GDP. Should financial markets lose confidence in the sustainability of public debt on account of the political uncertainty resulting from the outcome of the election, given the size of the Italian economy a return of the euro crisis cannot be ruled out. Furthermore, risks to financial stability continue to persist in certain member states due to the fragility of many banks, particularly with regard to the extent of non-performing loans.”
Slides for west midlands hr seniors event on population ageingMark Beatson
Presentation on population ageing and implications for UK workforce plus employer and employee awareness of issues involved in multi-generation workforce
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Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
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We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
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Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Presentation to defence college 13 january 2015
1. Economic and
employment trends to
2020 and beyond
Mark Beatson
Chief Economist
HR lecture to Defence College of Logistics, Policing and
Administration, 21 January 2015
2. Economic and
labour market
trends to 2020 and
beyond
• The economy will grow more
slowly in 2015 than it did in 2014
• The labour market will continue to
expand but wage growth growth
likely to remain in 1-2% corridor –
but lower inflation means real
terms increase?
• Wage and productivity growth
expected to be higher in 2016 –
but not a given
• Europe remains a risk
• Population ageing and technology
have visible effects
7. UK economic growth is expected to continue
-5
-4
-3
-2
-1
0
1
2
3
4
5
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
%changep.a.
GDP growth
7
Sources: Past data OECD, forecasts from OBR Autumn Statement 2014 Economic Forecast.
Forecast
8. Emerging economies continue to support
global economic growth
0
1
2
3
4
5
6
7
8
World USA Euro Zone Japan UK China India
%changep.a.
GDP growth
2014 2015 2016
Source: IMF World Economic Outlook., January upate.
10. Capital investment now exceeds pre-recession
levels but there is a potential backlog
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
1998Q1
1999Q1
2000Q1
2001Q1
2002Q1
2003Q1
2004Q1
2005Q1
2006Q1
2007Q1
2008Q1
2009Q1
2010Q1
2011Q1
2012Q1
2013Q1
2014Q1
Investment by sector, £ million)
Business investment
General government investment
0
5 000
10 000
15 000
20 000
25 000
30 000
1998Q1
1999Q1
2000Q1
2001Q1
2002Q1
2003Q1
2004Q1
2005Q1
2006Q1
2007Q1
2008Q1
2009Q1
2010Q1
2011Q1
2012Q1
2013Q1
2014Q1
Investment by asset, £ million)
Transport equipment
Other machinery & equipment
Dwellings
Other buildngs & structures
IP products
Source: ONS.
11. Intangible investments may have held up better than
tangibles
0
20
40
60
80
100
120
140
£billion
Tangibles Intangibles
Source: NESTA Innovation Index 2014
12. Fiscal consolidation – more to come
12
32
34
36
38
40
42
44
46
48
50
1948-49 1958-59 1968-69 1978-79 1988-89 1998-99 2008-09 2018-19
PercentofGDP
Current receipts
Total managed expenditure
Forecast
Source: ONS, OBR
13. Shrinking public sector employment
– more to come
0
1
2
3
4
5
6
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20
General government employment (millions)
Source: OBR
16. Employers still expect to recruit
-19
-10
-3 -5
5
2
11
-3
3
-1 -3
-8
6 5 7 5
9
14
24
16
26
23
30
Netemploymentbalance
Three months ahead employment expectations
The net employment balance is the difference between the % of firms expecting to recruit over the next
three months and the % expecting to make redundancies.
Source: CIPD Labour Market Outlook.
17. Employers find that most vacancies attract
sufficient applicants
32
25
14
20
15
8
Low skill Medium skill High skill
Mean number of applicants for each vacancy advertised
Not suitable Suitable
Source: CIPD Labour Market Outlook survey, Autumn 2014.
18. Employers’ pay expectations remain
modest
1.5
1.6
1.5 1.5
1.3
1.6
1.5 1.5
1.7
1.5
1.6
1.7
1.8
1.7 1.7
1.6
2 2 2 2
Average predicted annual pay award (% p.a.)
Based on all employers expecting to have a pay review in the following 12 months.
Source: CIPD Labour Market Outlook.
20. The ‘cost of living crisis’ is largely a pay and
productivity issue
80
85
90
95
100
105
110
2001Q1
2001Q3
2002Q1
2002Q3
2003Q1
2003Q3
2004Q1
2004Q3
2005Q1
2005Q3
2006Q1
2006Q3
2007Q1
2007Q3
2008Q1
2008Q3
2009Q1
2009Q3
2010Q1
2010Q3
2011Q1
2011Q3
2012Q1
2012Q3
2013Q1
2013Q3
2014Q1
2014Q3
2008Q1=100
Output per hour
Real earnings deflated by CPI
Earnings data are the Average Weekly Earnings index, GB, seasonally adjusted. The middle month is used for each
quarter, e.g. Q1 uses the February observation.
Source: Office for National Statistics.
21. Official forecasts show little growth in real
earnings until at least 2016
-2
-1
0
1
2
3
4
5
2013 2014 2015 2016 2017 2018 2019
%changep.a.
Nominal earnings growth Real earnings growth (deflated by CPI)
Real earnings growth (deflated by RPI)
Source: Office for Budget Responsibility, Autumn Statement 2014 forecast.
23. The Euro Zone is growing - just
-1
-1
0
1
1
2
2
3
EuroZone Germany France Italy Spain
%changep.a.
IMF forecasts of GDP growth
2014 2015 2016
Source: IMF World Economic Outlook, January update.
24. Is potential deflation in the Euro Zone a worry?
-3 -2 -1 0 1 2
Bulgaria
Greece
Spain
Poland
Croatia
Slovakia
Cyprus
Estonia
Hungary
Slovenia
Portugal
Belgium
Denmark
Ireland
Luxembourg
Italy
Sweden
Netherlands
Croatia
EU
Lithuania
Euro Zone
France
Germany
Czech Republic
Malta
Latvia
Finland
United Kingdom
Austria
Romania
HICP inflation rate (% change
p.a., November 2014)
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
HICP “core” inflation for Euro
area (% change p.a.)
“Core” HICP excludes energy, food, alcohol, tobacco
Source: Eurostat.
25. Most Euro Zone governments are heavily in debt
0
20
40
60
80
100
120
140
160
180
200
Euro
Zone
Germany France Italy Spain Portugal Ireland Greece Cyprus
%ofGDP
General Government debt/GDP ratio
2014 2015 2016
Source: European Commission, autumn 2014 forecast.
26. Unemployment will remain high in much of Europe
0
5
10
15
20
25
30
Germany UK EU Euro Zone Spain Italy Portugal Greece Cyprus
Unemployment as % of labour force
2014 2015 2016
Source: European Commission, autumn 2014 forecast.
27. Slow growth in Europe affects the UK
because of trade links
13.2
10
8.5
6.9
6.1
4.6 4.3
2.9 2.9
2
UK top ten goods export markets, 2013 (% of total exports)
Source: Office for National Statistics.
28. Labour market conditions in Europe are
likely to continue to affect migration patterns
69
48
0~
20
40
60
80
100
120
140
YE Dec
03
YE Dec
04
YE Dec
05
YE Dec
06
YE Dec
07
YE Dec
08
YE Dec
09
YE Dec
10
YE Dec
11
YE Dec
12
YE Dec
13
Thousands
Work-related migrants into UK
EU15 A8
Source: Office for National Statistics.
30. Emerging economies will become bigger
global players
22%
7%
16%
3%
15%
18%
7%
12%
Global GDP 2012
USA
Japan
Euro Area
UK
Other OECD
China
India
Other non-OECD
18%
4%
12%
2%
13%
28%
11%
12%
Global GDP 2030
USA
Japan
Euro Area
UK
Other OECD
China
India
Other non-OECD
Source: OECD, “Looking to 2060: Long-term global growth prospects”, OECD Economic
Policy Paper No. 3, November 2012.
31. -677
-94
1,387
770
-305
186
1,235
1,956
15-24 25-49 50-64 65+
Illustrative projections of change in employment by age group from
2012 baseline, thousands
2022 2032
Sources: CIPD calculations based on ONS 2012 Principal population projections and revised mid-year estimates for 2002 and 2007 , employment
rates for May-Jul 2002 and 2012 based on the Labour Force Survey and CIPD assumptions for employment rates for 2017 onwards.
Population ageing means the workforce will
in future contain more over 50s
32. The “hourglass” labour market? Jobs growth
strongest in highly skilled occupations (and
some low skill ones)
32
Source: UKCES “Working Futures 2012-22”
0 1 2 3 4 5 6 7 8
Elementary
Process, plant operatives
Sales and customer services
Caring, leisure and other services
Skilled trades
Admin and secretarial
Associate professional and technical
Professional
Managers and senior officials
Employment by occupational group (millions)
2022 2012 2002
33. And just for fun … Who will stay ahead of
the machines?
Job Probability that total employment will
fall in next 20 years
Recreational therapists 0.003
Dentists 0.004
Athletic trainers 0.007
Clergy 0.008
Economists 0.43
Technical writers 0.89
Retail salespersons 0.92
Accountants and auditors 0.94
Telemarketers 0.99
Source: Frey and Osborne, 2013
34. To find out more and join the debate
• Visit our website
http://www.cipd.co.uk/cipd-hr-
profession/whats-new/megatrends.aspx
• Read the Megatrends report and our five
follow-up reports
• Watch the video, listen to the podcast,
look at the infographic
• #megatrends
35. What does it mean?
• Impact on HR practitioners:
• Little scope for pay rises (especially in public sector)
• Will recruitment become more difficult?
• Impact on the policy debate:
• More public expenditure cuts/tax increases
• Low pay/productivity
• Migration/Europe
These are CIPD illustrative projections we produced for a recent research report on managing age diversity. Based on ONS population projections and assumptions about future employment rates (set out in the report).
Key point = total employment projected to grow by 10% between 2012 and 2032, from 30 million to 33 million. This is due to more people in employment over the age of 50, especially 65+.
Left hand side = predictions of whether numbers employed in a job will fall or not in next 20 years due to computerisation (don’t ask how these numbers arrived at, they are just a talking point). Jobs “safe” use physical dexterity, emotional empathy, interpersonal skills.
Right hand side chart – point is we will need to keep learning to say ahead of the machines. 50% of people in UK say they are learning new things.