The Role of Labor Demand in the Labor Market Effects of a Pension Reform

The employment-to-population ratio among prime-aged adults aged 25–54 has fallen substantially since 2000. The explanations proposed for the decline in the employment-to-population ratio have been of two broad types. One set of explanations emphasizes cyclical factors associated with the recession; the second set of explanations focuses on the role of longer-run structural factors. In this paper, we argue that while the decline in manufacturing and the consequent reduction in demand for less-educated workers put downward pressure on their employment rates in the pre-recession 2000–2006 period, the increased demand for less-educated workers because of the housing boom was simultaneously pushing their employment rates upwards. For a few years, the housing boom served to “mask” the labor market effects of manufacturing decline for less-educated workers. When the housing market collapsed in 2007, there was a large, immediate decline in employment among these workers, who faced not only the sudden disappearance of jobs related to the housing boom, but also the fact that manufacturing's steady decline during the early 2000s left them with many fewer opportunities in that sector than had existed at the start of the decade.

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REGIONAL SKILL DIFFERENTIALS: A STUDY OF THE INDONESIAN LABOR MARKET

The Singapore Economic Review ◽

10.1142/s0217590819500371 ◽

2019 ◽

pp. 1-26

Author(s):

TRI MULYANINGSIH ◽

RIYANA MIRANTI ◽

ANNE DALY ◽

CHRIS MANNING

Keyword(s):

Labor Market ◽

Regional Development ◽

Structural Changes ◽

Manufacturing Sector ◽

Labor Demand ◽

Skill Premium ◽

Skilled Workers ◽

Demand And Supply ◽

Modern Services

This study investigates the patterns and trends in the returns to skill in the Indonesian labor market over the period 2007 to 2013, a period of rising earnings and income inequality. The study takes into account the labor demand and supply across regional development regions and over time. It presents evidence on the returns to skill related to structural changes in the economy through the growth of modern services and the resource boom. It confirms that skill premiums varied across regional development areas. The composition of industries across regions, female labor participation, the proportion of casual workers, the supply of tertiary-educated workers and factors unique to each region are all determinants of the regional skill premiums. The results support the policy focus on developing human capital in Indonesia to meet the rising demand for skilled workers and show the role of the manufacturing sector and minimum wages policy in reducing the skill premium.

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OFFSHORING, OUTSOURCING AND PRODUCTION RELOCATIONS — LABOR MARKET EFFECTS IN THE OECD AND DEVELOPING ASIA

The Singapore Economic Review ◽

10.1142/s021759080800304x ◽

2008 ◽

Vol 53 (03) ◽

pp. 371-418 ◽

Cited By ~ 4

Author(s):

JACOB F. KIRKEGAARD

Keyword(s):

Labor Market ◽

Large Scale ◽

Related Services ◽

Services Sector ◽

Market Effects ◽

Educational Challenges ◽

Employment Impact ◽

The Us ◽

Data Validity

This paper evaluates data validity of available empirical sources and the extent of services sector labor market impact of offshoring in the US, EU-15 and Japan. A three-tier data validity hierarchy is identified, while the employment impact of offshoring in the three regions is found to be limited. Correspondingly, developing Asia is unlikely to experience large-scale employment gains as a destination region. Instead, the crucial role of domestic entrepreneurs in the growth of the Indian IT-related services industry is highlighted, as are the twin educational challenges facing developing Asia: the need to improve both primary and higher education simultaneously.

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Implications of higher retirement age for the labor market

Voprosy Ekonomiki ◽

10.32609/0042-8736-2017-3-22-39 ◽

2017 ◽

pp. 22-39 ◽

Cited By ~ 8

Author(s):

M. Ivanova ◽

A. Balaev ◽

E. Gurvich

Keyword(s):

Economic Growth ◽

Labor Market ◽

Labor Supply ◽

Labor Force ◽

Labor Demand ◽

Retirement Age ◽

Demographic Trends ◽

Men And Women ◽

Demographic Projections ◽

The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

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The Role of Social and Humanitarian Knowledge in the Training of Transprofessionals in the Field of Culture and Education

Современное образование: векторы развития. Роль социально-гуманитарного знания в подготовке педагога: материалы V международной конференции (г. Москва, МПГУ, 27 апреля – 25 мая 2020 г.) ◽

10.37492/etno.2020.94.83.049 ◽

2020 ◽

Author(s):

И.Б. Пржиленская

Keyword(s):

Labor Market ◽

Professional Education ◽

Professional Competencies ◽

Need For Orientation ◽

Professional Fields ◽

Training Specialists

cовременный рынок труда заинтересован в специалистах, обладающих транспрофессиональными компетенциями. В статье обосновывается необходимость ориентации на транспрофессионализм при разработке содержания профессионального образования специалистов в области культуры и образования; подчеркивается роль социально-гуманитарных знаний для их подготовки к работе в условиях синтеза и конвергенции профессиональных компетенций, принадлежащих к разным профессиональным областям; отмечается потребность в реализации транспрофессиональных моделей подготовки специалистов в сфере культуры и образования за счет совместных усилий представителей социономических профессий, педагогов, менеджеров, психологов, специалистов-практиков. the modern labor market is interested in specialists with trans-professional competencies. The article substantiates the need for orientation towards professionalism in the development of the content of professional education of specialists in the field of culture and education; emphasizes the role of social and humanitarian knowledge in preparing these specialists for work in the context of the synthesis and convergence of professional competencies belonging to different professional fields; there is a need for the implementation of trans-professional models of training specialists in the field of culture and education due to the joint efforts of representatives of socionomic professions, teachers, managers, psychologists, and practitioners.

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