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New Options Initiative (For Youth)
New Options Initiative (NOI) is an initiative of the W. K. Kellogg Foundation (WKKF) that seeks to establish new pathways connecting out-of-school young adults ages 16 – 24 with meaningful career opportunities. More than four million "Disconnected Youth" are isolated from meaningful work, creating challenges for them, their families and their communities. Many report that although they are motivated to succeed, their needs are not always met by the current system, in the form of job opportunities and career paths that match their passions and recognize their core capacities. At the same time, employers are more challenged than ever to recruit and identify entry level talent, and retain hard working, effective employees. The problem of human capital and effective entry level hiring processes is a pain point felt by employers of all sizes, particularly in the service industries Service industries are those not directly concerned with the production of physical goods (such as agr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Disconnected Youth
Disconnected youth is a label in United States public policy debate for NEETs, young people "Not in Education, Employment, or Training". Measure of America's March 2017 report says disconnected youth (defined as aged 16 to 24) number 4.9 million in the United States, about one in eight of the age cohort. Disconnected youth are sometimes referred to as Opportunity Youth. Emphasis is placed upon this group because the years between the late teens and the mid-twenties are believed to be a critical period during which young people form adult identities and move toward independence. The effects of youth disconnection—limited education, social exclusion, lack of work experience, and fewer opportunities to develop mentors and valuable work connections—can have long-term consequences that snowball across the life course, eventually influencing everything from earnings and self-sufficiency to physical and mental health and marital prospects. Much discussion has been focused on how to rea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Capital
Human capital is a concept used by social scientists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood. Companies can invest in human capital, for example, through education and training, enabling improved levels of quality and production. As a result of his conceptualization and modeling work using Human Capital as a key factor, the 2018 Nobel Prize for Economics was jointly awarded to Paul Romer, who founded the modern innovation-driven approach to understanding economic growth. In the recent literature, the new concept of task-specific human capital was coined in 2004 by Robert Gibbons, an economist at MIT, and Michael Waldman, an economist at Cornell University. The concept emphasizes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entry Level
Entry Level is the lowest level in the National Qualifications Framework in England, Wales, and Northern Ireland. Qualifications at this level recognise basic knowledge and skills and the ability to apply learning in everyday situations under direct guidance or supervision. Learning at this level involves building basic knowledge and skills and is not usually geared towards specific occupations. Entry Level qualifications can be taken at three levels (Entry 1, Entry 2 and Entry 3) and are available on a broad range of subjects. They are targeted at a range of learners, including adult learners, candidates on taster sessions, underachievers and ones with learning difficulties. The level after Entry Level in the National Qualifications Framework is Level 1, which includes GCSE grades D-G (or 3-1 for reformed GCSEs) and Level 1 DiDA. Examples of Entry Level qualifications * Entry Level Certificate * Entry Level Functional Skills See also *National Qualifications Framework A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Service Industries
Service industries are those not directly concerned with the production of physical goods (such as agriculture and manufacturing). Some service industries, including transportation, wholesale trade and retail trade are part of the supply chain delivering goods produced in the agricultural and manufacturing sectors to final consumers. Other services are provided directly to consumers. These include health care, education, information services, legal services, financial services, and public administration. The service sector accounts for around 70-80 per cent of employment in modern economies. Service industries in the three-sector model In the three-sector model of the economy, widely used in the 20th century, the service sector was assigned the role of transporting, distributing and selling goods produced in the manufacturing (secondary sector), and was therefore described as the tertiary sector of the economy. However, the majority of service employment is now found in activit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
