workforce

The authors consider whether disaggregated data enhances the efficiency of aggregate employment forecasts. Findings indicate that incorporating spatial interaction into a disaggregated forecasting
model lowers the out-of-sample mean-squared-error from a unvaried aggregate model by 70 percent at a five-year horizon.

To discuss the impact of demographic and economic trends and the appropriate role for
government in responding to labor force challenges, the Government Accountability Office hosted a forum. While participants debated the extent of future labor shortages and which industries and workers may be affected, they generally agreed that the United States will soon face tight labor markets.

The paper provides a descriptive analysis of the demand for high-skilled workers using a new firm dataset, the IZA International Employer Survey 2000. Results suggest that while workers from EU countries are mainly complements to domestic high-skilled workers, workers from non-EU countries are hired because of a shortage of high-skilled labour.

The survey on Philadelphias college graduates indicates that from a practical standpoint, convincing more non-native college
students to stay is the region’s best way to replenish the thousands of high school
graduates who leave the region for college.

The report from the Progressive Policy Institute (PPI) focuses on offshoring information technology-enabled services. PPI estimates that the new digital economy is enabling as many as 12 million information-based jobs—once considered relatively immobile—to potentially be located virtually anywhere across the globe.

The paper from the Federal Reserve Bank of San Francisco addresses outsourcing, and discusses free trade, globalization and policies to help U.S. workers.

The U.S. General Accounting Office study indicates that 23 states reported using employer tax revenues in 2002 to fund their own employment placement and training programs. States invested in a variety of industries, although manufacturing was targeted most frequently.

The report sets forth to better understand the overall efficacy of workforce-aid contingent programs, which assist individuals with education expenses in exchange for work in specified fields or locations. The study demonstrates that few states have examined the effectiveness of these programs.

The National Science Board’s report indicates that as the economies flourish in nations that traditionally have exported many of their brightest minds to the U.S. for schooling and careers, and as American corporate outsourcing expands into research and development activities, the prospect of foreign science and engineering graduates coming to school here or remaining after graduation diminishes.

The North Carolina Biotechnology Centers plan to grow North Carolinas biotech industry to 48,000 jobs by 2013 and 125,000 by 2023. Within the report, 54 action steps are discussed that span a variety of objectives.