If you are looking for a good reading list before the summer ends, we’ve compiled a selection of five recent papers and publications that touch on jobs and changing landscape of labor markets. These recommended readings have one thing in common: they analyze the challenges ahead through different lenses. How is the labor market recovering after the economic crisis? Can life-long learning become workers’ strategy for upskilling in a digital economy? Have countries improved in reducing gender gap at work? What policies can support job creation?
New developments and curiosities from a changing global media landscape: People, Spaces, Deliberation brings trends and events to your attention that illustrate that tomorrow's media environment will look very different from today's, and will have little resemblance to yesterday's.
According to the World Bank report “Reaping Digital Dividends: Leveraging the Internet for Development in Europe and Central Asia” Europe and Central Asia (ECA) region has experienced, on average, a larger decline in routine employment than other parts of the world, coupled with an increase in high-and low-skill occupations. With anxiety about the job replacement effects of information and communication technologies (ICT) on the rise, let’s look into some of the highlights of the report focusing on possible short term disruptions and long term opportunities brought by ICT.
Is the Internet responsible for the increasing market polarization? According to this report, it is not. The authors argue that in addition to technologies associated with the Internet that may have helped this process, there are other aspects, such as structural changes in economies, technological and trade, as well as labor market liberalization that help explain such rapid labor market polarization. In addition, the report points out that the depth of Internet adaptation by individuals and firms tends to be lower in ECA than many other regions.
At the same time, the report found that countries that implemented reforms in the telecommunications sector, with an objective to improve competition, increase provision, and lower prices, created the enabling environment for the increase in Internet adaptation. The graph below demonstrates, that the introduction of the telecommunications reform is strongly correlated with the decrease in the routine labor employment share.
As Africa faces the potential for a demographic dividend, certain facts about Africa’s population offer cause for both excitement and concern.
Given the pros and cons of minimum wages in advanced economies, let alone in emerging markets, what types of information should policy makers be armed with? In this blog, we speak with two experts on the topic – John T. Addison (Professor of Economic Theory, University of South Carolina) and David Neumark (Professor of Economics, University of California, Irvine) – both of whom stress the importance of weighing the trade-offs for their own countries.
In recent years, the minimum wage has become an increasingly popular for reducing inequality in many emerging markets, while others are still weighing whether to adopt one. But a lot of confusion still surrounds the impact of minimum wages in advanced economies, let alone in the emerging markets. In this blog, we speak with two experts on the topic: David Neumark (Professor of Economics, University of California, Irvine) and John T. Addison (Professor of Economic Theory, University of South Carolina). They both point to some job loss, especially for skilled workers, in advanced economies.
In the world’s richest countries, those with greater inequality in skills proficiency also have higher income inequality, according to the first OECD Survey of Adult Skills (also known as PIAAC), which measures the skills of 16-65 year-olds across 24 countries. The survey includes assessments of adult reading, numeracy, and place in the digital divide. The OECD's Stefano Scarpetta (Director of Employment, Labour and Social Affairs) tell us that this is the first ever comprehensive survey of the actual competencies of OECD adult workers.
The political and economic transition of post-communist Central and Eastern European (CEE) countries brought substantial improvements in GDP per capita, productivity, incomes and standard of living. But certain worrying phenomena emerged on the labour markets. One of these was a rise in temporary employment, which has created a “dual labor market” – that is, a segmented market with workers in one segment more privileged than those in the other. For the CEE economies – especially Poland – the onset was in the 2000s. A variety of possible solutions exist, but so far the Polish government has done little to improve the situation.
In recent decades, many European countries have tried to instill greater labor market flexibility through increased use of fixed-term, temporary work contracts, as opposed to open-ended or permanent ones. The result has been dual labor markets, with temporary workers having fewer rights and job security than those on permanent contracts. One expert on the topic – Tito Boeri, Professor of Economics and Dean for Research at Bocconi University, Milan – stresses that temporary workers were especially hard hit during the Great Recession.
By Mirjana Popovic and Vesna Kostic
Mar. 8: Working Women’s Day or Jobless Women’s Day in Serbia?
By Mirjana Popovic, Online Communications Producer
In the former Yugoslavia, where I was born, International Women’s Day used to celebrate respect and appreciation for women in society: mothers, wives, female colleagues – in this order.
What is it like in today’s Serbia? The glory of the holiday has faded and new challenges have arisen.
Emerging Europe and Central Asia (ECA) is an interesting region because what you expect is not always what exists. Since this is written in honor of International Women's Day, discussing women’s labor market participation seems appropriate. The standard indicator used for this is the “female labor force participation” (LFP) rate, which is the proportion of all women between 15-64 years who either work or are looking for work.
Since much of the region has a common socialist legacy, you would expect to see similar labor market behavior among women. However, the proportion of women who work ranges from a low of 42 percent in Bosnia and Herzegovina to 74 percent of adult women in Kazakhstan. And it wasn’t 20 years of social and economic transition that led to this divergence. Even in 1990, the range was about the same. The exception was Moldova which saw a 26 percentage point decline.
- Russian Federation
- Kyrgyz Republic
- Bosnia and Herzegovina
- Europe and Central Asia
- Labor and Social Protection
- Social Development
- Macroeconomics and Economic Growth
- labor market
- International Women's Day