A recent study by the Ecole Polytechnique in Paris has discovered that the majority of occupations in the French labour market act as “condenser” occupations, attracting workers from various backgrounds but offering limited options for further mobility. The researchers used a statistical physics analysis to identify four main clusters of jobs, including “diffuser,” “channel,” “hub,” and “condenser” occupations. This finding could help explain why changing jobs in response to shocks like technological change or economic crises is often slow.
Forecast for 6 months: In the next 6 months, we can expect policymakers to start exploring ways to address the issue of occupational mobility, potentially leading to the introduction of new training programs or job transition initiatives.
Forecast for 1 year: Within the next year, we may see the development of more targeted reskilling efforts and job transition programs, particularly in industries that are heavily affected by technological change or economic crises.
Forecast for 5 years: In the next 5 years, the French labour market is likely to undergo significant changes, with a greater emphasis on upskilling and reskilling workers to adapt to emerging technologies and industries.
Forecast for 10 years: By the end of the decade, the French labour market is expected to be more responsive to structural shocks, with a greater focus on lifelong learning and career development, enabling workers to transition more easily between occupations and industries.
