Job Market Monitor
Education
Virtual Reality, Education and Career Exploration – Potential application of existing and emerging digital
The purpose of this report is to provide an overview of existing and emerging digital technologies and their potential application for K-12 education and career exploration. The report scopes a range of technologies including virtual and augmented reality, haptics, tangibles, and new video media. It aims to provide accessible explanations of these technologies and some … Continue reading
Religious Groups in US – The most and least educated
Attainment of a four-year college degree in the United States, often regarded as a key asset for economic success, varies by race and gender. But the share of people completing a college education also differs by religion, with members of some faith groups much more educated, on average, than others. By far, Hindus and Unitarian Universalists … Continue reading
Tackling Early Leaving from Education and Training – No single blueprint
Policies and measures to tackle early leaving from education and training are more likely to succeed if they acknowledge the different factors that can influence it and are tailored to the specific profiles of young people at risk of leaving education and training prematurely. There is no single blueprint of an effective intervention to tackle … Continue reading
Breadth of Skills – To expand our conception of where and when learning happens
Knowing how to read and write is absolutely essential to interacting with the world, and research has shown that math and science skills are signi cant drivers of productivity. Recent work by economists Eric Hanushek and Ludgar Woessmann nds that if all countries possessed the skill level in these domains of Finland, often a top … Continue reading
The Future of Jobs – Rethinking education systems, incentivizing lifelong learning and cross-industry and public-private collaboration
The impact of technological, demographic and socio-economic disruptions on business models will be felt in transformations to the employment landscape and skills requirements, resulting in substantial challenges for recruiting, training and managing talent. Several industries may find themselves in a scenario of positive employment demand for hard-to-recruit specialist occupations with simultaneous skills instability across many … 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
Investing in Education – A threshold effect after this level of resources is met
A simple correlation analysis using cross-country data suggests that there is at best a weak relationship between student achievement and education spending. In other words, when comparing per pupil spending and average learning outcomes per country, we find that countries with similar levels of spending per student also show enormous differences in how much their … Continue reading
The Class of 2016 in US – High school graduates unemployment at 17.9 percent
This paper focuses on recent high school (age 17–20) and college graduates (age 21–24) who are not enrolled in further schooling. We analyze their employment, enrollment, and wage trends in order to glean the Class of 2016’s economic prospects as they start their careers. Due to the progression of the economic recovery and a substantial … Continue reading
NEETs in US – Three million young people are “disconnected”
Three million young people are neither in school nor working, finds a report released today by the Brookings Metropolitan Policy Program. These “disconnected youth” are primarily people of color. In some metros, black and Latino youth are up to six times more likely to be disconnected than young whites. The report, “Employment and disconnection among … Continue reading
Career and Technical Education (CTE) in US – The more courses students take, the better their education and labor market outcomes
Until the late 1990s, “vocational education” in traditional trades such as carpentry, cosmetology, and auto mechanics was often the presumptive high school placement for low-performing students considered ill-suited for college. However, in the past two decades, policymakers and educators have reconsidered what is now referred to as “Career and Technical Education” (CTE). Done right, secondary … Continue reading
Adult Education and Training In Canada – A Strategy
Investment in human capital has always been essential to Canada’s economic prosperity, but education and training will be especially important in the coming years. Over the next decade, Canada will be subject to a combination of demographic forces: population aging and slower labour force growth. As Halliwell has noted, increased immigration ows will do little to … Continue reading
Education, Skills and Economic Opportunity in US – Fourteen Economic Facts
The Payoff to Skills is High Fact 1: Both cognitive and soft skills—such as perseverance, tenacity, and social skills—play an important role in shaping economic outcomes. Fact 2: The skills premium has increased dramatically. Fact 3: Educational attainment has increased in the United States, especially among women. Fact 4: Americans who did not attend college form … Continue reading
College in US – A’s were the most common grade
A’s were the most common grade on college campuses in 2013, accounting for 45% of grades awarded to students, according to an analysis of grade data at more than 80 schools by Stuart Rojstaczer, an independent researcher, and Chris Healy, a computer science professor at Furman University. By contrast, college students were most likely to … Continue reading
Education in US – 8th Grade achievement and parents education level
Children born to well-educated parents are likely to have an advantage, even of the parents are not, or do not remain, married. Over at the Institute for Family Studies, Nicholas Zill has crunched a longitudinal dataset from the Department of Education. Zill finds that most children (9 in 10) have parents with the same level … Continue reading
Character Skills – Forms of childhood misbehaviour at school are valued in the labor market
Even if measurement is correct, and there is no gaming or cheating by teachers or schools, it is not obvious which character skills we want to reward or punish. To illustrate this point, in recent research, my research team and I look at roughly 7,000 men and women who were born in the same week … Continue reading
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