School-to-work Transitions in Emerging and Advanced Economies

By Glenda Quintini. Improving school-to-work transitions and ensuring better career opportunities for youth after labour market entrance are common goals in emerging and advanced economies as they can contribute to raising the productive potential of the economy and to increasing social cohesion. However, the challenges faced in achieving these objectives and the policies required vary … More School-to-work Transitions in Emerging and Advanced Economies

The importance of acquiring and disseminating skills needs information

By Fabio Manca. In a previous post  we discussed the importance of setting up systems to assess and anticipate skills needs. The fundamental reason for investing in these systems is that skills assessment and anticipation (SAA) information can help mitigate the extent of skills mismatch and shortages and limit their costs for individuals, firms and … More The importance of acquiring and disseminating skills needs information

Large scope to boost productivity through a better allocation of talent

By Müge Adalet McGowan and Dan Andrews. Raising productivity growth is highly dependent on a country’s ability to innovate and adopt technologies, which requires an effective supply of human capital. While increases in the stock of highly educated workers have significantly boosted labour productivity over the past 50 years, the rate of increase in the … More Large scope to boost productivity through a better allocation of talent

World Indicators of Skills for Employment (WISE): new OECD database

By Thomas Manfredi. Skills are key determinants of prosperity and well-being. However, developing skills is costly and so these investments need to be made wisely. This requires good information about where skill development is most needed, how well the skills of individuals match those required in the labour market, and the returns to investments in … More World Indicators of Skills for Employment (WISE): new OECD database

The growing importance of social skills in the labour market

By Stijn Broecke. Last month, chatbot Rose won the 2015 Loebner Prize for artificial intelligence (AI) – an annual contest in which machines try to fool judges into believing that they are human. While Rose ranked the most human-like bot by three of four judges, it failed to fool any of them into thinking it … More The growing importance of social skills in the labour market