🧑💼 Bridging the Gap Between Education & Employment
The student career guidance market is changing. Traditional solutions are evolving beyond conventional methods by incorporating digital tools such as apps and resources for career assessment, planning, and guidance
Happy Monday 👋
As global labor markets change, so too does the student career guidance journey and the transition from education to employment with traditional solutions evolving to incorporate digital tools in the race for talent. This week we explore the career guidance and spotlight China's youth unemployment. Don't forget to check out the 2024 Global Education Outlook, and sign up for our new Daily Newsletters - 'Chart of the Day' and 'Impact Capital Markets'. For unlimited access to over one million charts, request a demo.
This Week's Topics
- 🧑💼Education to Employment. Landscape + Market Map
- 📊 Chart Spotlight. China's Youth Unemployment Rate tops 20%
- 📈 Education Capital Markets. Higher Education Stock Index
- ✍️ Higher Education Digital Transformation. Participate in Our Survey
- 📖 Annual Outlook. 180+ pages of Trends, Insights, and Data
- 💰 Education Deals of the Week. University Grants, Funding and M&A
🧑💼 Education to Employment Landscape
Globally, labor markets are undergoing significant changes, with growing concerns over the mismatch between skills and available jobs, especially among youth. Traditional career guidance solutions are evolving beyond conventional methods by incorporating digital tools such as apps and resources for career assessment, planning, and guidance, catering to individual job seekers, organizations, and institutions. Increasingly, tech solutions are supporting the transition from education to the job market, with a range of digital solutions now available across the spectrum from career exploration to job placement.
Digital services and platforms operate in direct-to-consumer models for students, and B2B solutions for institutions to support student outcomes and employers seeking graduate talent. Career counseling platforms such as CareerDash and Yenza offer personalized career guidance and aid in career exploration and assessment. Recruitment and career support services, such as Handshake and WayUp, provide practical job search, interview preparation, and recruitment services. Increasingly, digital platforms that provide an ‘end-to-end’ solution streamline the entire education-to-employment process for students, encompassing career counseling, job placement services, and ongoing support for successful transition into the workforce. Work-integrated learning and entrepreneurship programs also provide practical ‘hands-on’ experience and skill-building through internships and co-ops or business incubation and startup development.
HolonIQ Market Map - Education to Employment
HolonIQ covers solutions that help students transition from education to employment, tracking thousands of organizations and market developments.
📊 Chart spotlight - Youth unemployment in China reached a record high of 20.4% in 2023
In 2023, China experienced a surge in youth unemployment, which peaked at around 20.4%, four times the average. With nearly 12 million fresh graduates entering the labor market, educators and policymakers are facing mounting challenges.
Subscribe to HolonIQ's 'Chart of the Day', a daily newsletter that helps explain the global impact economy - from education to healthcare and climate technology. Subscribe to Chart of the Day.
📈 Education Capital Markets - Higher Education Index
HolonIQ tracks over 300 listed education companies and has the most comprehensive coverage of education acquisitions and investments. We powered the world's first Education Technology ETF and will soon launch a range of Stock Indices to track the daily performance of early Childhood, K12, EdTech, Tutoring and Test Prep, and Higher Education companies worldwide.
Our new Impact Capital Markets newsletter tracks over 60 impact stock indices, including education and emerging economies, and over 50 indices tracking climate technology and healthcare innovation. Subscribe to Impact Capital Markets for data-driven insights on capital powering impact.
✍️ Participate in HolonIQ's annual 'Higher Education Digital Transformation' survey
Digital adoption and transformation remain the biggest challenge for universities (followed by funding/budget cuts, then student academic outcomes) according to results from HolonIQ's annual Higher Education Digital Transformation Survey. We are still gathering feedback from our Global Higher Education Panel and would love to hear from your institution! Participants of this research receive a full report and can nominate their institution for a HolonIQ Case Study.
Higher Education Digital Capability Framework (HEDC)
The HEDC framework offers an overarching view for institutions to map and benchmark digital capabilities across the learner lifecycle to support practical and sustainable approaches to digital services and online learning. Learn more about the HEDC and use the Miro Template to kick off conversations at your institution.
📖 2024 Global Education Outlook
Just a few weeks ago, we launched the 2024 Global Education Outlook, HolonIQ's annual analysis of the global education economy, presenting over 180 pages of detailed market data, investment & analysis, strategic shifts and trends in education. Download the extract or purchase the full report. You may also be interested in our Global Economic Outlook, Global Climate Tech Outlook and Global Health Tech Outlook.
💰 Education Deals of the Week
HolonIQ actively monitors and tracks deals that take place in the Education landscape, spanning across all regions and transaction categories. Subscribe to our Daily Capital Markets newsletter to peruse the top deals for each day.
University Grants
📗 DePauw University received its largest-ever donation of $200 million, with $150 million contributed by an anonymous donor and an additional $50 million in matching funds from other donors.
📕 SUNY Oswego received $1.9 million Title III grant from the U.S. Department of Education for student equity and success initiatives over five years.
Funding
🏠 Amber, an international student housing solutions provider based in India, has raised $21 million, potentially valuing the company at around $100 million.
🧾 Mia Share, a US-based tuition management for trade and technical schools, raised $6.5 million to cater to the demand for skilled workers.
🧑🏫 Lithuania-based English language learning platform Leya AI, raises $1.8 million in pre-seed funding.
M&A
🖥 SchoolStatus, a K-12 data-driven solutions provider based in the United States, has acquired SchoolNow, a unified digital publishing platform catering to K-12 education.
Thank you for reading. Have a great week ahead!
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