The Friday fish

This week’s haul from behind the headlines at
OECD Observer

No 17: What's your personal data worth?; More IT skills please; Food innovation; Giving hope to France's jobless youth; Germany could bring in more immigrant workers 

What's your personal data worth?

Big data and mining personal data are all the rage for advertisers and social media, which suggests that much of the value of, say, Facebook is not Facebook itself but data that’s on it. This report takes an initial look at methodologies to measure and estimate the monetary value of personal data and looks at the challenges involved. Worth mining.

More IT skills please

It might seem odd to report that across the OECD the supply of higher education graduates from IT-related study fields has stagnated or even declined, especially as the Manpower Talent Shortage Survey 2012 puts IT positions at number 5 on the global list of top 10 jobs that employers are having difficulty filling. Yet shortages there are. See this blogpost from OECD Education Today.

Food innovation

Could innovation be the way forward in meeting rising demand for food and the effects of the likes of climate change? Ken Ash, the OECD’s director for Trade and Agriculture, says innovation does play a role. He outlines the issues in this short podcast.

Giving hope to France’s jobless youth

Unemployment among French youth has been around 16% or above for some three decades. Job opportunities are thin on the ground, and pessimism is rife. Typically, after several (often unpaid) internships, many young people, including highly qualified ones, simply quit the country to bring their talents to bear in the job markets of the UK, Ireland, the US and more, countries which are also in economic difficulty. What can be done in France to improve prospects for young people at home? This economic working paper suggests a few ways.

Germany could bring in more immigrant workers

Meanwhile, employers in Germany can recruit from abroad for any job requiring university-level qualifications, but many don’t do so because of insistence on German-language skills. There are also worries about reliablity. Efforts are being made to change this, but more could be done. This paper explains how.

The Friday fish #17 ©OECD Observer, 12 April 2013

Economic data

GDP growth: +0.6% Q4 2017 year-on-year
Consumer price inflation: 2.3% Dec 2017 annual
Trade: +4.3% exp, +4.3% imp, Q3 2017
Unemployment: 5.5% Dec 2017
Last update: 23 Feb 2018


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