Job Market Monitor
Education
Education of Immigrants in EU – One third have a degree
An important dimension of migrant integration into host societies is the level of educational attainment. In 2020, just over one third (35.6%) adult migrants (aged 25-54) who were born in another EU Member State had a tertiary level of education. This rate was lower for migrants who were born outside the EU (29.6%). By contrast, … Continue reading
Future of Work – The roles of higher education, further education and lifelong learning
There are five major issues that confront the development of economies, in particular, labour markets. These are the climate crisis, economic globalisation, the advent of new technologies, low wage work and underlying these issues, inequality. How we view them will determine the kinds of knowledge and skills needed to provide paid workers with good jobs. … Continue reading
Covid and Unemployment in US – Education still matters
The first graph shows the unemployment rate by four levels of education (all groups are 25 years and older) through March 2021. Note: This is an update to a post from a few years ago. Unfortunately this data only goes back to 1992 and includes only three recessions (the stock / tech bust in 2001, … Continue reading
200 Years of Human Capital in Europe – Core-periphery structure was relatively time persistent for longer time periods
Human capital is today an important determinant of economic growth. However, evidence on its long-run regional development in Europe is still relatively limited. For this reason, this paper investigates the development of human capital in the European regions over the last 200 years. It indicates that “the long shadow of history” plays an important role … Continue reading
Planning Your Child’s Education in the Long Term
By Amiee Morse – Planning for your child’s education is one of your most important tasks as a parent. However, it’s also true that education can be extremely costly, which is in itself is a huge barrier to entry for many families. Our previous post on New Pathways to Success highlights that youth all across the world are having … Continue reading
The Futures of Work and Education – What it can and can’t do
It is commonly assumed today that education is crucial for meeting the challenges concerning the futures of work. But education cannot make up for inadequacies in other policy domains that have caused and continue to cause declining job quality as well as mass unemployment and under-employment. We suggest that preoccupation with aspirational curriculum reforms like … Continue reading
Education – To what degree are labor market outcomes all set by the end of lower secondary school?
To what degree are labor market outcomes all set by the end of lower secondary school? Does GPA from lower secondary school predict earnings and employment status 13 years later, or do factors related to socio economic status (SES) and un- observable personality traits matter more? Across nations, large proportions of younger birth cohorts obtain … Continue reading
New Pathways to Success – The most disadvantaged children and young people are less likely to receive the education and develop the skills they need to adapt and prosper
Around the world, young people face considerable challenges. Even before the disruption of the Covid-19 crisis, policymakers were seeking to respond to rapid technological advances, climate change and – in some countries – an ageing population and workforce. While children and young people worldwide generally have high aspirations and ambitions for their futures, evidence shows … Continue reading
Veterans in US – Without degrees
The United States military is the single largest provider of education and training in the country. Yet, for the U.S. veteran population (21 million) and especially the 4 million veterans who served from 2001 to the present day and are still early in their careers, there can be a disconnect between the education and training … Continue reading
Education and the Future of Work – 21st century skills in curricula
“Holistic development” is the watchword when setting educational goals for students. However, what this means in practice differs from country to country and culture to culture. The underlying sentiments, though, are similar: We all want to ensure that our young citizens are equipped to think critically and creatively, and to solve problems in an increasing … Continue reading
Skills and Education in Canada – Students find it challenging to translate their understanding of skill requirements into concrete choices about education, training and careers
When stepping into post-secondary education, students are at crossroads while they make important decisions and investments amid considerable uncertainty. While this may be the unavoidable norm, better career development and targeted labour market information (LMI) can support students in making informed career decisions and successful transitions by providing data and insights on educational and labour … Continue reading
Good Jobs in US – Three distinct pathways
In 1991, most good jobs did not require a BA. Today, there are three distinct pathways to good jobs: high school, middle skills, and bachelor’s degree, says new research from the Georgetown University Center on Education and the Workforce (CEW) in partnership with JPMorgan Chase & Co. Three Educational Pathways to Good Jobs: High School, … Continue reading
Poverty – Breaking it through education : The Pathway program
A recent IZA Discussion Paper by Adam M. Lavecchia, Philip Oreopoulos and Robert S. Brown delivers encouraging evidence that comprehensive student support programs can indeed lead to meaningful, long-run labor market benefits, including higher employment rates and earnings and a reduced reliance on social assistance. Student support program in one of Toronto’s poorest community The … Continue reading
Global Aging – The trend towards higher levels of educational attainment may help to reduce economic dependency
When studying the economic consequences of changes in the age structure of the population, looking at economic dependency ratios provides us with some descriptive and intuitive initial insights. In this paper, we present two economic dependency ratios. The first ratio is based on economic activity status, and relates the number of dependent individuals to the … Continue reading
Education and Demography – The world population is likely to grow more slowly with United Nation’s Sustainable Development Goals (2015–2030)
This article is a discussion of the role of education in demography, and focuses specifically on efforts by Wolfgang Lutz and his team to add education as a fourth dimension to demographic projection models, after place, age, and sex. In this piece, I review a very important publication produced by the Wittgenstein Centre, World Population … Continue reading
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