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Although recessions negatively affect labor market outcomes, we find that individuals with greater cognitive skills have been less affected by recessions since 2000 compared to those in the 1980s and 1990s. This result occurs despite a decrease in the returns to cognitive skills over the last...
Persistent link: https://www.econbiz.de/10014463137
This research presents a new metric known as "AI Augmentation," aimed at quantifying the influence of generative AI across diverse job roles, organizations, and sectors. The analysis defies prevailing expectations of job losses due to AI, instead demonstrating a reverse correlation between AI...
Persistent link: https://www.econbiz.de/10014345530
global level thereby MNCs and TNCs could minimize the Cost of employment for their respective organizations in the world …
Persistent link: https://www.econbiz.de/10012863935
Despite the high growth of the Peruvian economy during the last decade, college graduates are facing increasing difficulties to find occupations that match their higher educational background, skills and educational investments. This scenario is embodied in the "professional underemployment"...
Persistent link: https://www.econbiz.de/10011427813
Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric …-in-differences event study research design that exploits cross-state variation in licensing laws to compare the unemployment rate between …, we find that licensing shields workers from a recession-induced increase in the unemployment rate of 0.82 p.p. during …
Persistent link: https://www.econbiz.de/10014544764
Today businesses and industry need highly educated and skilled employees. Employers are looking for individuals who have skills and attributes in the various field in which they work. Employers will seek individuals who can think, conduct research, and adapt to change. Numerous challenges in the...
Persistent link: https://www.econbiz.de/10013236303
With the speedy advancement of society, the competitions between companies are also growing, what the employers want for the management students are not only focus on the degree or grade but pay more attention to their employability skills and attributes. In order to win their competitors in the...
Persistent link: https://www.econbiz.de/10013240443
The purpose of this paper is to provide an overview of some of the main empirical theoretical and realistic themes in the area of management student’s employability. The paper draws upon various studies to highlight the different themes necessary for the employability. It further draws upon...
Persistent link: https://www.econbiz.de/10014093362
historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …
Persistent link: https://www.econbiz.de/10012254253
policy-oriented studies have dealt with the evolution of unemployment in 2020, often country by country, this article focuses … on the evolution of unemployment as well as inactivity across European countries. Indeed, previous crises have typically … lead not only to more unemployment but also to larger numbers of discouraged unemployed and thus more inactivity. It …
Persistent link: https://www.econbiz.de/10012505164