Identification Of Labor Market Signals

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Identification Of Labor Market Signals

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Author : Steven Neil Braun
language : en
Publisher:
Release Date : 1974

Identification Of Labor Market Signals written by Steven Neil Braun and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with categories.

Are Labor Market Indicators Telling The Truth Role Of Measurement Error In The U S Current Population Survey

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Author : Mr.Ippei Shibata
language : en
Publisher: International Monetary Fund
Release Date : 2019-02-26

Are Labor Market Indicators Telling The Truth Role Of Measurement Error In The U S Current Population Survey written by Mr.Ippei Shibata and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-26 with Business & Economics categories.

Labor market indicators are critical for policymakers, but measurement error in labor force survey data is known to be substantial. In this paper, I quantify the implications of classification errors in the U.S. Current Population Survey (CPS), in which respondents misreport their true labor force status. Once I correct for measurement error using a latent variable approach, the unemployment rate is on average 0.8 percentage points (ppts) higher than the official unemployment rate, with a maximum of 2.0 ppts higher between 1996 and 2018. This paper further quantifies the contributions to business-cycle fluctuations in the unemployment rate from job separation, job finding, and participation. Correcting for misclassification changes previous studies' results about the contributions of these transition probabilities: job separation accounts for more of the unemployment fluctuations, while participation accounts for fewer. The methodology I propose can be applied to any other labor force survey in which labor force status is observed for three periods.

Manpower Planning In A Market Economy With Labor Market Signals

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Author : Arvil Van Adams
language : en
Publisher: World Bank Publications
Release Date : 1992

Manpower Planning In A Market Economy With Labor Market Signals written by Arvil Van Adams and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Employment (Economic theory) categories.

Roles of the manpower planner; Abandoning manpower requirements forecasting; Introducing labor market signalling; Sources of labor market information.

A Template For Analyzing And Projecting Labor Market Indicators

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Author : Mr.Ralph Chami
language : en
Publisher: International Monetary Fund
Release Date : 2012-09-27

A Template For Analyzing And Projecting Labor Market Indicators written by Mr.Ralph Chami and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-27 with Business & Economics categories.

This note is a reference guide for the unemployment template, an econometric tool that allows researchers to analyze and project labor market indicators for any country with sufficient data coverage. Section I explains the motivation behind designing a new surveillance tool to study labor markets, and summarizes the key features of the template. Section II details the data inputs needed and their sources. Section III describes the methods used to estimate the employment-growth elasticity, a measure of the extent to which employment responds to output. Section IV outlines the medium-term outlook table and projection charts created by the template once the inputs are customized to generate an appropriate elasticity. Finally, Section V presents a discussion on how to interpret the results produced by the template, and of the issues that arise from projecting labor market indicators.

Portraits Of Labor Market Exclusion

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Author : Ramya Sundaram
language : en
Publisher: World Bank Publications
Release Date : 2015-07-16

Portraits Of Labor Market Exclusion written by Ramya Sundaram and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-16 with Business & Economics categories.

Portraits of Labor Market Exclusion presents "profiles" or "portraits" of individuals who have limited labor-market attachment. It is widely accepted that those with limited attachment to the labor market are a highly heterogeneous group (including, for instance, recent job losers, long-term unemployed, school leavers with no labor-market experience, those close to retirement age, or people with caring responsibilities), and that understanding their circumstances and potential barriers is an essential prerequisite for designing and implementing a tailored and effective mix of policy support and incentives. The report takes a comprehensive view, focusing on both the labor market attachment of a country's out-of-work population and the social assistance package and poverty profile of the same segment of the population. In essence, the report looks at individuals through the lenses of both poverty/welfare status and labor market indicators, and, in doing so, the portraits helps move the dialogue from a purely labor market-centric view to a broader dialogue that includes social policy as a whole. This is an important shift; for instance, social protection programs, such as family benefits and maternity benefits, and broader social policy issues such as retirement ages, often have a great impact on who remains inactive. Specifically, the report presents portraits of the out-of-work population of six countries (Bulgaria, Estonia, Greece, Hungary, Lithuania and Romania) in terms of distance from the labor market, human capital, and labor supply conditions, as well as demographic conditions. The analysis relies on the European Union Statistics of Income and Living Conditions (EU-SILC) surveys for the years 2007 to 2011. Latent class analysis methodology allows multidimensional profiling of the out-of-work population, and identifies classes or groups of out-of-work individuals that are as homogeneous as possible within each class according to a set of observable characteristics, and as distant as possible between classes. Consequently, this analysis provide a much richer glimpse of the very different barriers to labor market integration that these various groups experience, considerably augmenting the limited amount of information contained in traditional descriptive statistics.

Botswana Labor Market Signals On Demand For Skills

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Author : Weltbank
language : en
Publisher:
Release Date : 2014

Botswana Labor Market Signals On Demand For Skills written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.

Botswana has an official unemployment rate of 17.8 percent. The low labor-intensity of growth is a potential explaining factor for this high level of unemployment. It is thus essential to analyze the role of education and training in the access to employment. This note finds that the role of education has changed under the effect of schooling expansion and persistent unemployment. Labor market institutions appear to have a limited impact on employment and wage levels, while the importance of active labor market programs is growing. This note aims to identify labor market signals that point to demand for specific current and future skills. The note seeks to answer the following questions: does the labor market place a higher premium on workers literacy and numeracy skills, technical skills, or behavioral skills?; is the labor market more in need of secondary or tertiary education graduates?; and will growing economic sectors (for example, tourism) benefit more by increasing the supply of sector-specific skills (for example, through specific training for tour guides and hospitality staff) or general skills (for example, through training of lawyers and accountants who can be absorbed in any sector of the economy)?.This note analyzes the following data and documentation to identify labor market signals in the Botswana economy: government economic growth and diversification strategies; general labor market data; and enterprise and employee surveys.

Morocco S Jobs Landscape

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Author : Gladys Lopez-Acevedo
language : en
Publisher: World Bank Publications
Release Date : 2021-03-20

Morocco S Jobs Landscape written by Gladys Lopez-Acevedo and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-20 with Business & Economics categories.

This report sheds light on major labor market issues and challenges that Morocco faces. It is the first phase of the programmatic jobs program jointly undertaken with the government of Morocco. The report is a jobs diagnostic that analyzes microdata mainly from Labor Force Surveys and employs new analytical methods to identify the main trends in the labor market. The key challenges that emerge will provide the basis for a deeper analysis and policy formulation in the next phase of this program. "Morocco’s Jobs Landscape" identifies four priorities: accelerate structural transformation to create more and better jobs in higher-productivity sectors, encourage formalization and improve the quality of jobs, increase female labor force participation, and address youth inactivity and its long-term consequences. Morocco has made significant economic progress over the past 20 years, which has raised the living standards of its people. However, Morocco’s economic growth has not been labor-intensive enough to absorb its growing working-age population. It has had a low capacity to generate jobs, and the rate of job creation slowed after the 2008 financial crisis. Morocco is trying to overcome the “middle-income trap,†? which has been preventing its convergence with more affluent middle-income countries. The government of Morocco has called for a new inclusive development model. The new model must address regional development imbalances, facilitate inclusion for youth and women, and continue to foster labor force skills upgrading. The COVID-19 pandemic and resultant safety measures have halted or slowed economic activity, which is worsening the labor market situation. The pandemic undoubtedly complicates prospects for jobs-led growth, and it will make the challenges highlighted in this report even more urgent and deserving of policy makers’ attention.

Assessing The Change In Labor Market Conditions

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Author : Federal Reserve Board
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2015-12-24

Assessing The Change In Labor Market Conditions written by Federal Reserve Board and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-24 with categories.

This book describes a dynamic factor model of 19 U.S. labor market indicators, covering the broad categories of unemployment and underemployment, employment, workweeks, wages, vacancies, hiring, layoffs, quits, and surveys of consumers' and businesses' perceptions. The resulting labor market conditions index (LMCI) is a useful tool for gauging the change in labor market conditions. In addition, the model provides a way to organize discussions of the signal value of different labor market indicators in situations when they might be sending diverse signals. The model takes the greatest signal from private payroll employment and the unemployment rate. Other influential indicators include the insured unemployment rate, consumers' perceptions of job availability, and help-wanted advertising. Through the lens of the LMCI, labor market conditions have improved at a moderate pace of over the past several years, albeit with some notable variation along the way. In addition, from the perspective of the model, the unemployment rate declined a bit faster over the past two years than was consistent with the other indicators.

Key Indicators Of The Labour Market

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Author : International Labour Office
language : en
Publisher: International Labour Organization
Release Date : 2003

Key Indicators Of The Labour Market written by International Labour Office and has been published by International Labour Organization this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.

This valuable, wide-ranging reference tool meets the ever-increasing demand for timely, accurate and accessible information on the rapidly changing world of work. Now in its third edition, Key Indicators of the Labour Market (KILM) provides the general reader, as well as the expert, with concise explanations and analysis of the data on the world's labour markets. Harvesting vast information from international data repositories, and regional and national statistical sources, this important reference work offers data for over 200 countries for the years 1980, 1990, 1995 and the latest available subsequent five years. The volume employs an expanded, up-to-date range of 20 key labour market indicators allowing researchers to compare and contrast between economies and within regions across time. Using statistical data on the labour force, employment, unemployment, underemployment, educational attainment of the workforce, wages and compensation, productivity and labour costs, labour market flows, and poverty and income distribution as market indicators, it enables users to access the most current information available. Maps and graphics are used throughout to highlight key points. The third edition of the KILM includes interactive software which duplicates the printed book but allows for data updates every six months.

Women In Labour Markets

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Author : Sara Elder
language : en
Publisher:
Release Date : 2010

Women In Labour Markets written by Sara Elder and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Affirmative action programs categories.

Offers an analysis of 12 indicators from the ILO Key Indicators of the Labour Market database. The aim is to look for progress or lack of progress towards the goal of gender equality in the world of work and identify where and why blockages to labour market equity continue to exist. Focuses on the relationship of women to labour markets and compares employment outcomes for men and women to the best degree possible given the available labour market indicators.