This report provides estimates of the earnings returns to completing postgraduate degrees, for British and Northern Irish students studying in Britain. We use the Longitudinal Education Out- comes (LEO) dataset to account for differences in individuals’ background and prior university attainment to estimate the impact of postgraduate qualifications on earnings at age 35, relative to … Continue reading
In March and April of 2020, four major federal laws were enacted in response to the 2020 coronavirus pandemic. Those laws, which contained a wide array of conventional and unconventional fiscal policies, will add $2.3 trillion to the deficit in fiscal year 2020 and $0.6 trillion in 2021, according to the Congressional Budget Office’s estimates. … Continue reading
What is the share of young and old people in the regions of the European Union (EU)? Is the risk of poverty in my region higher or lower than elsewhere in the EU? Which region has the largest economy? Which region invests most in research and innovation? How do people in my region use the … Continue reading
As income inequality and economic upheaval take center stage, is a guaranteed minimum income worth considering? Results from a two-year experiment in Finland offer clues. A small increase in employment In the design of the Finnish experiment, the main research question, agreed to by parliament in the enabling legislation, was the impact of a basic … Continue reading
This short paper outlines the key issues for migration policy in the context of Australia’s labour market including: • The labour market outcomes of migrants, including the occupations in which temporary migrants and Australian workers are engaged; • Historical evidence of the positive impacts that migrants have had on the Australian economy, citing CEDA studies … Continue reading
The number of qualifications and competencies The present array of over 1400 qualifications and almost 17,000 units of competency on offer has been described as bewildering by the Productivity Commission. It is important to recognise, however, that these key features of the design and content of the train- ing system are in fact very much … Continue reading
To assess employee sentiment on these changes, from the end of May through mid-June we surveyed more than 12,000 professionals employed before and during COVID-19 in the US, Germany, and India. The respondents work in roles such as analysts, engineers, HR personnel, teachers, and health care providers (but generally not in jobs performed onsite such … Continue reading
Where next for skills? COVID-19 has triggered unprecedented change in the workforce. How can business-led upskilling drive productivity and growth in the workforce. What can businesses do to give employees the right skills for the future of work? To enable a Business-led upskilling effort government need to; Work with business to deliver more responsive upskilling … Continue reading
Empowering the self-employed workforce Self-employment has risen significantly over the past two decades. The Covid-19 pandemic has exposed the fragile nature of work for many people in the UK – and the self-employed workforce is no exception. In this report, we bring to the fore some of the shared challenges faced by self-employed people, especially … Continue reading
We are facing the worst jobs crisis in a generation – with young people (18–24) set to be hit particularly hard. Covid-19 is first and foremost a health crisis, but it has increasingly morphed into an economic one as well. However, this will be fundamentally different to the 2008–9 crisis. In particular, it will result … Continue reading
Employment Situation in Latin America and the Caribbean is a twice-yearly report prepared jointly by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Office for the Southern Cone of Latin America of the International Labour Organization (ILO). The coronavirus disease 2019 (COVID-19) pandemic hit Latin America … Continue reading
The COVID-19 lockdown has resulted in record youth unemployment rates, which could adversely affect postsecondary graduates for years to come. Although it is too early to know which graduates will be worst hit, students entering college or university and having to select a program might benefit from knowing how well graduates from specific academic disciplines fared … Continue reading
Prior to the COVID-19 pandemic, a common concern expressed by CEOs of American companies was that the United States suffers from a shortage of qualified talent, which makes it difficult for their companies to fill their most in-demand jobs in management, technology, and healthcare. Yet there is a population of people who are rarely considered … Continue reading
Choices about post-secondary education (PSE) launch individuals onto their future educational and career paths. These decisions are vitally important to Canada’s economic prosperity as well to many individual and social outcomes. Against this backdrop, this joint LMIC-EPRI report provides extensive new evidence on the labour market earnings of PSE graduates. Key findings Earnings vary by … Continue reading
The future of work will require two types of changes across the workforce: upskilling, in which staff gain new skills to help in their current roles, and reskilling, in which staff need the capabilities to take on different or entirely new roles. Our research suggests that the reskilling challenge will be particularly acute in operationally … Continue reading