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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
UK – A massive fall in self-employed earnings
Where there is no argument, though, is on the massive fall in self-employed earnings. The ONS estimates a 22 percent drop in pay since 2008. This is consistent with the Resolution Foundation’s findings and the HMRC figures I discussed earlier this year. As ONS says, the self-employed may under-state their income in surveys but they have … Continue reading
Immigrants in Canada – Things changed for arrivals in the 2000s: the entry earnings advantage decreased continuously Stat Can finds
A new study shows that the relative earnings advantage that university-educated immigrants have over their less-educated counterparts shortly after their arrival in Canada has narrowed over the last 30 years. However, university-educated immigrants continue to experience stronger earnings growth then their less-educated counterparts, with time spent in Canada and, hence, have higher earnings over the medium-term. This … Continue reading
US – A study on the effects of military service on earnings and education
Estimating the effect of military service is complicated by the fact that veterans are likely to differ from nonveterans in ways that are correlated with subsequent economic outcomes but are not observable to the researcher. This report builds on earlier work to understand how military service affects earnings, especially how these effects differ by the … Continue reading
Canada / Men who had obtained a bachelor’s degree by 1991 had earned $732,000 more than those whose education ended at a high school diploma, women$ 448,000
A new study that followed a group of men and women for two decades reports that over the study period, men who had obtained a bachelor’s degree by 1991 had earned, on average, $732,000 more than those whose education ended at a high school diploma. For women, the difference between the two groups was $448,000. Using longitudinal tax … Continue reading
Canada / Increases in immigration level bring immigrants real wages down
The annual level of immigration is one of the most critical components of a country’s immigration policy. It is difficult to directly compare the costs and benefits of changing immigration levels because immigration can serve multiple goals. However, some narrowly-defined effects can be empirically assessed. This study considers solely the potential influence of immigration levels … Continue reading
Higher Education in US / It Pays, but a lot more for some graduates than for others
As they enter the labor market, some graduates earn far more than others. Prospective students need sound information about where their educational choices are likely to lead Continue reading
US / Not All College Degrees are created Equal – College Majors, Unemployment and Earnings
It Still Pays to Earn a College Degree But Not All College Degrees are created Equal
In the past, a college degree all but assured job seekers employment and high earnings, but today, what you make depends on what you take. In Hard Times 2013, we show differences in unemployment and earnings based on major for BA and graduate degree holders. Continue reading
Ontario / Graduates of applied and technical programs obtain higher earnings within 2 years those of liberal arts
Kristyn Frank & David Walters examine the influence that field of study and level of post-secondary education have on the earnings of recent graduates in Ontario in Exploring the Alignment Between Post-Secondary Education Programs and Earnings: An Examination of 2005 Ontario Graduates. Graduates of trades, community college, and university programs are compared. Results suggest that graduates of … Continue reading
Canada / Gender Gap in Apprenticeship: earnings similar to college education for men but lower for women
Analysis of the 2006 census found certified male apprentices had earnings similar to men with a community college education, according to two papers to be published in the Canadian Labour Market and Skills Researcher Network monthly publication. The first study, by University of Toronto professors Morley Gunderson and Harry Krashinsky, found male apprentices earn 24 … Continue reading
Psychology / Childhood ADHD reduces adult employment by 10-14 percentage points and earnings by a third study finds
“While several types of mental illness, including substance abuse disorders, have been linked with poor labor market outcomes, no current research has been able to examine the effects of childhood ADHD” writes Jason Fletcher in The Effects of Childhood ADHD on Adult Labor Market Outcomes. (Choosen excerpts by Job Market Monitor to follow) As ADHD has become … Continue reading
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