Job Market Monitor
Higher Education
France | A generation of desperate youngsters
Boualem Ben Moussa has delivered pizzas, worked on a building site, washed dishes in a restaurant and delivered more pizzas. School was not his thing, he says. Now 28, he dropped out at 16 and has since stumbled from short-term contract to short-term contract. But things are looking up. In Lormont, a dreary suburb northeast … Continue reading
The U.S. workplace is polarizing between the education haves and have-nots
The U.S. workplace is polarizing between the education haves and have-nots, says David Autor, professor of economics at Massachusetts Institute of Technology in Cambridge. So-called middle-skill jobs, typically well-paying work that doesn’t require extensive higher education, are vanishing, dividing the labor force into high- and low-skill positions. While women are moving up the knowledge ladder, … Continue reading
Sri Lanka | Providing vocational and technical training for 35 percent of youths by 2016
The government is planning to provide vocational and technical training for 35 percent of youths by 2016 under the Mahinda Chinthanaya. Plans are also underway to increase state university intake up to 10 percent. The government also provided vocational and technical training to over 100,000 youths in state institutions in 2011, Sri Lanka Freedom Party … Continue reading
College Return on Investment
When people talk about the value of a college degree, they mean different things. A report last year by Georgetown University’s Center on Education and the Workforce pegs the median value of a four-year bachelor’s degree at $2.3 million, which is the average earnings for a degree holder employed full-time from ages 25 to 64. … Continue reading
Employability | Microsoft | US : Elevate America report offers lessons on employability
Microsoft’s Elevate America programs focus on “providing technology skills training, and resources to help people find employment.” reports Andrea L. Taylor Director of Community Affairs in North America, Microsoft on blogs.technet.com. The programs includes those initiatives: A veterans initiative helps U.S. veterans to transition from military to civilian employment. A community initiative focuses on working in … Continue reading
How to Promote Your Liberal Arts Major on the Job Market
bestuniversities.com proposes 10 Ways to Promote Your Liberal Arts Major on the Job Market adding “a liberal arts degree is one of the most diverse and intellectually stimulating educations a student can earn today.” Here are the propositions: Highlight Your Interpersonal Skills Describe Your Adaptability Show Your Critical and Analytical Thinking Skills Promote Teamwork Show Your Written and … Continue reading
Technical and vocational education (TVE) | The what, the how much, the when & the who
Here are some statements extracted from a World Bank report by Arvil V. Adams entitled The Role of Youth Skills Development in the Transition to Work: A Global Review (2007) on commonly asked questions. A kind of reminder. Does TVE payoff? TVE does payoff under the right conditions. Evidence shows that TVE is more effective when focused … Continue reading
Vocational Certificates and College Degrees | The employment benefits – a reminder of old results
A research published in 1999 and funded in part by the U.S. Department of Education, compares the various credentials, their benefits in relation to employment, and their role in the lifelong learning patterns of career-focused individuals. Key points Studies verify that education beyond high school results in higher earnings. (a 5-15% rate of return in … Continue reading
India | Higher Education : In need of a sustainable policy
“India does not have a credible and sustainable public policy on higher education (HE) even after 64 years of independence,” said Prof M Anandakrishnan, chairman, IIT Kanpur. He was delivering the keynote address at a symposium on ‘Public Policy and Governance’ organized by the School of International Relations and Politics (SIRP), MG University on Thursday. … Continue reading
U.S. | Only 56 percent of college students complete four-year degrees within six years
“The American system for preparing young people to lead productive and prosperous lives as adults is clearly badly broken” according to the Pathways to Prosperity study by the in 20 Harvard Graduate School of Education. Only 56 percent of college students complete four-year degrees within six years. Only 29 percent of those who start two-year degrees finish them within three … Continue reading
Job Gap | Skill Gap | Matching the Jobless With 3.4 Million Jobs – NYTimes.com
EVER since the deep recession hit four years ago, many colleges have been rethinking their continuing education programs, straining to figure out how best to help the many unemployed Americans who have looked to them as a lifeline. With the unemployment rate still stubbornly high, this rethinking has led to a powerful trend in which … Continue reading
Obama Renews Push For Higher Education, Hints at Santorum ‘Snob’ Comment – ABC News
“No issue will have a bigger impact on the future performance of our economy than education,” the president said in remarks before the National Governors Association at the White House. The president insisted that higher education is the key to preparing Americans for the jobs of the 21st century. “We can’t allow higher education to … Continue reading
Skills Gap | Mismatch in the Labor Market: The Supply of and Demand for “Middle-Skill” Workers in New England
Alicia Sasser Modestino reports in the Journal of the NEW ENGLAND BOARD OF HIGHER EDUCATION a very common concern that concerned that the region’s slower population growth and loss of residents to other parts of the country will lead to a shortage of skilled labor—particularly when the baby boom generation retires. “Prior to the Great … Continue reading
The complexities of 21st century brain ‘exchange’ – University World News
The emerging economies of the BRICs – Brazil, Russia, India and China – will, it is assumed, lure back home both students who go abroad to study and some graduates who have settled in the West, because of their dramatic economic growth and expanding higher education systems. The problem is that data seem to show … Continue reading
US | Census | More than 30 percent of U.S. adults 25 and older had at least a bachelor’s degree
In March 2011, for the first time ever, more than 30 percent of U.S. adults 25 and older had at least a bachelor’s degree, the U.S. Census Bureau reported today. As recently as 1998, fewer than one-quarter of people this age had this level of education. From 2001 to 2011, the number of Hispanics with … Continue reading
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