Job Market Monitor
Higher Education
Grads and their Parents – Strong and consistent relationships between parental education and students’ major choices
College majors offer vastly different returns, including different age paths of earnings. Some majors pay off right away with good employment outcomes and high earnings, while others take years to fully pay off for their graduates. These differing types of majors seem to be attractive to different types of students. We find strong and consistent … Continue reading
Higher Education in Québec – OECD’s review
Québec is mobilised to become an innovation and entrepreneurial leader in North America, giving higher education institutions (HEIs) a central role in this drive. HEIs are pivotal in developing skills and nurturing talent, connecting and contributing to their communities, including firms, public authorities and civil society. The Stratégie québécoise de recherche et d’investissement en innovation … Continue reading
Benefits of College in US – Students whose majors provide technical training, such as engineering or math and computers, earn the highest returns
Despite rising tuition and falling wages for college graduates over the past several years, a college degree still tends to be a sound investment, according to a new Federal Reserve Bank of New York study. In “Do the Benefits of College Still Outweigh the Costs?” economists Jaison R. Abel and Richard Deitz examine the economic … Continue reading
Skills and Credential Chaos – Six broad principles to support students
Today, Credential Engine, a national non-profit, releases its Equity Advisory Council’s Report and Recommendations on improving equity in and through the expanded use of linked, open, and interoperable data about credentials, competencies, programs, quality, outcomes, and related aspects. [T]he Council identified six broad principles for the appropriate and effective use of these data to support … Continue reading
Graduates and Job in UK – One million more professional jobs than workers with degrees to fill them
Our report tackles the misperceptions that there are too many graduates, not enough jobs for them, and that some degrees have little value for employers. We need to address misconceptions about graduate jobs. Some say that there are too many people going to university, and others have spent many years lamenting that they cannot find … Continue reading
Higher Education in Australia – 7 Priorities for a skilled educated workforce
There has been considerable reform to Australia’s tertiary education system in recent years, while very welcome they are not enough if we are to reach our potential as a clever nation. Further reform is needed so that independent vocational training and higher education providers can help drive economic growth by addressing the skills shortage. The … 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 Higher Education Students in US – 51% of currently enrolled students report that COVID-19 is “very likely” or “likely” to impact their ability to complete their degree
Higher education has faced unprecedented challenges amidst COVID-19. Throughout 2020, many students have transitioned between in-person and remote learning as schools continue to navigate the pandemic. In the fall of 2020, Lumina Foundation and Gallup partnered to survey 2,064 students currently pursuing their associate degree and 3,941 pursuing their bachelor’s degree and assessed: How has … Continue reading
COVID – Its impact US college majors
The Great Recession led to big changes in what US college students chose to study. The downturn, which started in 2008, led a shift towards more job-oriented majors, at the expense of the humanities and social sciences. After remaining relatively stable over the previous decade, the share of all students majoring in the humanities or … Continue reading
COVID and Higher Education in US – Students are 25% more likely to go to a school that has a strong online program
Students are 25% more likely to go to a school that has a strong online program nowthan they were just 90 days ago, but colleges aren’t prepared. [L]ike every other institution, the college system is organized to protect the institution and not serve its primary constituents. Education was never designed for the student: It was … Continue reading
Gender Higher Education Gap – A faster growth among women in participation but predominantly in the fields of education, and health and welfare
• The last few decades have been marked by faster growth among women in participation in higher education than among men, which has reversed gender inequalities in tertiary attainment in almost all OECD and partner countries. On average across OECD countries, 51% of 25-34 year-old women held a tertiary degree in 2017, compared to 38% of … Continue reading
COVID and Higher Education in UK – Universities will be hit harder than hospitality
Education will be the sector of the economy hardest hit by an extended lockdown in the face of the coronavirus pandemic, according to new analysis. The impact on education is forecast to be greater even than that on the hospitality industry, which has been almost entirely closed down by efforts to contain the spread of … Continue reading
COVID and Higher Education in US – Will it be ready to get people back to work?
The traditional strengths of American higher education – the measured and careful design of curriculum, two and four-year degrees that represent substantial learning over time, a rich coming-of-age experience for those who can afford it, stunning campuses – may not be enough to meet the challenges that lie ahead. For this economic crisis, America needs a … Continue reading
COVID and Higher Education – What a recession means
Increasing unemployment and lost revenue for states means that many states will be strapped for cash. Unfortunately, when state budgets become tighter, higher education is one of the first budget lines legislators and governors cut. That’s because they have competing expenses—like Medicaid, prisons, and pensions—and higher education is often the easiest to cut. When states … Continue reading
Grade Changes in College – Male students are more likely to receive favorable review research finds
Women and men differ across a variety of behaviors, including their tendency to negotiate. The difference in propensity to negotiate has been argued to contribute to the gender gap in the labor market. In a new IZA discussion paper, Cher Li and Basit Zafar study whether and why there are gender differences in grade changes … Continue reading
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