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Brexit Uncertainty is Making Britain’s Job Nightmare Come True
The UK’s decision to leave the EU has created uncertainty for business and for the individuals from the EU employed there. The British Retail Consortium (BRC), the major trade association for UK retailers, said in its report “The People Roadmap” that the UK government must provide clarity as to whether the UK is going to remain in the EU’s single market, and if EU citizens will retain the same rights and ease of movement – and also define a new immigration system fit for the future, lest the nation end up with a crippling job shortage. Learn more about Brexit’s impact on the UK workforce.
Job Report Calls for GCC 'Digital Transformation' Plans
To increase efficiency and achieve their national agendas, Gulf Cooperation Council (GCC) countries (which include Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman) must grow an adaptable and skilled digital workforce. So says a joint study by the Ideation Center at Strategy& and LinkedIn, which found the percentage of digital jobs in the GCC workforce remains low compared to other regions. Digital jobs in the GCC, for example, were found to constitute 1.7 percent of the region’s workforce, compared to 5.4 percent of the total in the European Union, with most GCC nationals more likely employed in sectors that face the risk of disruption from emerging digital technologies. Find out more about the GCC jobs report.
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Closing the Gap: Asia’s Slow Progress on Equality
Despite the economic and social benefits, gender equality remains a distant pursuit for much of the Asia-Pacific region, says a report from the Organisation for Economic Co-operation and Development (OECD). In the recently released report, “The Pursuit of Gender Equality: An Uphill Battle,” the OECD found little progress had been made since its 2012 global study, despite efforts by a number of member economies. The Paris-based international economic organization noted that the median full-time female worker earns nearly 15 percent less than her male counterpart on average across the OECD—a rate that has barely changed since 2010. Women remain underrepresented in political and business leadership, while women are also less likely than men to engage in paid work or become entrepreneurs. Understand more about workforce equality in Asia.
India's Business Leaders Must Build the Workforce of the Future, Now
Indian workers say the top skills needed to stay relevant at work in next five years are technical skills, an ability to change and learn and an ability to work with intelligent machines. Research by Accenture to help Indian business leaders understand the situation and their options noted that they can shape and prepare their workforce along the entire talent supply chain by accelerating the pace of retraining, redesigning work to unlock human potential, and strengthening the talent pipeline from its source. Read on about India’s workforce challenge.
Government Affairs Community Update
Worldwide ERC®’s latest Government Affairs Community Update includes discussion on the U.S. tax reform framework, the new travel suspension that is effective October 18, a Government Accountability Office report on the VA relocation program, and an Irish High Court legal challenge regarding data protection, along with mobility industry impact statements. Click here to find the October 9 issue, and other recent Government Affairs Community Updates.
Government of Canada Promotes Innovation for Economic Growth and Jobs in Quebec
The Government of Canada again demonstrates its commitment to growing the economy and creating middle-class jobs for Canadians with an initiative launched this week. The Innovation Superclusters Initiative will leverage a federal investment of up to $950 million to generate public-private partnerships in innovative industries across the country. It is expected that superclusters will energize regional economies, help build a skilled workforce, enhance Canada's global competitiveness and create thousands of well-paying jobs for this generation and the next. Discover more about Canada's superclusters.
Costa Rica is Second in Latin America in Competitiveness
Joining the Organization for Economic Co-operation and Development (OECD) contributed to Costa Rica moving up seven spots on the global competitiveness scale, thanks to advances in education and health, along with science and technology, innovation and labor policies sectors. The country also gained outstanding ratings on mobile Internet availability, attracting foreign capital, technology transfer and sophistication of the business environment. Read more about Costa Rica’s rise in global competitiveness.
Make the Most of Global Development Assignments
What’s the best way for companies to develop global leadership skills in their employees, and maximize their investment in global assignees? Industrial and organizational psychologist Michael Tucker discusses the learning and development function—particularly regarding intercultural competency—that has become an important priority for global organizations. Here’s how companies can optimize their global assignment investment.
Estonian Startup Jobbatical Raises USD4 Million in a Funding Round
With a mission to build a leading global marketplace for worldwide career adventures, Tallinn-headquartered Jobbatical matches the skillset and travel aspirations of tech and startup professionals with companies in search of world class talent. The company recently closed a USD4 million Series A funding round, bringing the company’s funding to USD7.9 million. Find out more about Jobbatical.