earnings

This tag is associated with 29 posts

Area of Study and Earnings – Engineering, construction and business and law have a strong impact but not arts and media

In this paper, we investigate the relationship between labour market outcomes and vocational qualifications disaggregated by subject area of study. Using individuals holding vocational qualifications in any subject at the level below as their highest level of achievement in the Regulated Qualifications Framework (RQF) as the counterfactual group, we find that gaining vocational qualifications in … Continue reading

Family Income and Higher Education in Canada – Larger increase in earnings among youth from lower-income families

A postsecondary education has been identified as a key factor in labour market success, but youth from lower income families are far less likely to pursue a college or university education than their counterparts from higher income families. To address this gap, student loans and grants, as well as education savings incentives are largely designed … Continue reading

Higher VET Earnings in UK – Early earnings differential associated with high-level vocational/technical education tends to disappear by the age of 30 study finds

Using rich administrative data for a full cohort of English secondary school leavers (2002/03 academic year), we compare earnings of people with higher vocational/technical qualifications to the earnings of degree holders at the age of 30, while controlling for prior attainment and background characteristics. We find that by the age of 30 the early earnings … Continue reading

Attending university in UK – Increases women’s earnings at age 29 by 26% and men’s by 6%, but this varies hugely

While men who went to university earn 25% more at age 29 than those who did not (but who had at least five good GCSEs), most of that difference can be attributed to the fact that they have better GCSE and A-level results and came from better-off families on average. Going to university in itself … Continue reading

Higher Education and Earnings – Studying the same subject at a different institution can yield a very different premium

Each year more than 350,000 students start Higher Education (HE) degrees in England at a total cost of around £17 billion paid by graduates in repayments on student loans and the taxpayer (Belfield et al., 2017). This represents a significant investment and has the potential to have considerable implications for the students’ later-life outcomes. Students … Continue reading

The labor market in US, 2000–2016 – Recovery from the Great Recession is essentially complete, but there are di cult unemployment and wage issues

In the aggregate the US labor market is doing quite well. Unemployment is currently below 5%, and real weekly earnings of full-time workers increased from the 2000 cyclical peak to the current period of near full employment. The difficulties lie behind the aggregates. Earnings inequality continues to rise, with the growth in earnings most prevalent … Continue reading

Earnings in US – The more you learn, the more you earn

The data, from the 2015 American Community Survey, continue to show that the more you learn, the more you earn. In 2015, median earnings for adult workers without a high school diploma were approximately $21,000 compared with $67,000 for those with a graduate degree. Workers with “some college” or an associate’s degree—the most common level … Continue reading

US – Black workers in particular may have suffered more widespread wage losses

Census Bureau data shows that median earnings for full-time, year-round workers dropped from by nearly 3 percent for men and 1 percent for women between 2009 and 2014. While new data from the Labor Department shows that wage gains have accelerated over the past two years, that trend is only beginning to make up for … Continue reading

College Education in US – Boost to career earnings much lower for individuals who grew up in lower-income families

A college education, it is hoped, will help the children of the poor and working class gain a larger share of the economic pie. But how much does college really pay off for lower-income Americans? Perhaps surprisingly, there has been little research on how family income background influences the career earnings boost from a college … Continue reading

Earnings of Immigrants in Canada – First paid employment of immigrants is a strong predictor of their long-term labour market outcomes

In spite of the role that employers may play in the selection of economic immigrants, little is known about whether and how firm-level characteristics are associated with immigrants’ labour market outcomes over the longer term. As a first step towards providing relevant evidence, this study asks whether there are large gaps between the initial earnings … Continue reading

Literacy, Numeracy and Computer Skills – Substantial returns to ICT skills OECD finds

This paper examines which incremental increases in numeracy skills, literacy skills and skills and readiness in using ICT for problem solving have the biggest impact on employment participation and related labour market outcomes, and how these compare to incremental increases in educational attainment. Using the 2012 PIAAC data, our analysis confirms that there are significantly … Continue reading

Grads in Canada – Management sciences and quantitative methods graduates highest earners among bachelor’s degree holders

On average, 25- to 54-year-old male bachelor’s degree graduates who worked full year, full time, in 2010, earned $87,543 in 2010 dollars (Chart 1). Among them, management sciences and quantitative methods graduates earned the most—$130,547, or $43,004 more than the average male bachelor’s degree graduate (after adjusting for age). These graduates were followed closely by … Continue reading

Canada – Canadian work experience increases entry earnings Stat Can finds

Immigration selection policies changed significantly during the 1990s and 2000s, at least in part to improve immigrant entry earnings. After the decline in both relative (to the Canadian-born) and absolute entry earnings during the 1980s and early 1990s, there was a strong desire to improve the economic outcomes of immigrants shortly after their landing. Changes … Continue reading

Wages in UK – Weekly earnings for full-time employees annual growth: the smallest since 1997 and decreased by 1.6% in real terms finds ONS

Key points In April 2014 median gross weekly earnings for full-time employees were £518, up 0.1% from £517 in 2013. This is the smallest annual growth since 1997, the first year for which ASHE data are available. Growth has been slower since the economic downturn, with the annual increase averaging around 1.4% per year between … Continue reading

Canada – Cumulative earnings varied considerably—both across and within fields of study StatCan finds

A new study that followed men and women over two decades found that . Using longitudinal tax data linked to 1991 Census data, the study tracked individuals from 1991, when they were 26 to 35 years old, to 2010, when they were 45 to 54 years old. Individuals were grouped according to their highest level of completed education and major field of study reported in 1991. The labour … Continue reading

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