Job Market Monitor
Higher Education
US College Admissions Process – Selling Students to the Highest Bidders
The U.S. college admissions process is expensive and stressful, for everyone from high-achieving high school students to first-generation adult learners. It is also surprisingly ineffective — only about 30% of students headed to a four-year college graduate from that college within six years (about 40% take longer or don’t graduate at all, and about 30% … Continue reading
Ph.D.s in English – The job market may be even worse than people realize
As English professors and would-be English professors gather today in Vancouver for the annual meeting of the Modern Language Association, a new paper argues that the job market for English Ph.D.s may be even worse than people realize. MLA leaders make no claims that the job market is in good shape, and their recent survey … Continue reading
Education in US – The earning gap has grown more for those who have earned a post-graduate degree Federal Reserve Bank San Francisco finds
The earnings gap between people with a college degree and those with no education beyond high school has been growing since the late 1970s. Since 2000, however, the gap has grown more for those who have earned a post-graduate degree as well. The divergence between workers with college degrees and those with graduate degrees may … Continue reading
STEM in Italy – Increased access to higher education failed to raise incomes research finds
Governments sometimes promote reforms that increase access to education for a large share of the population. These reforms may lower the returns to education by altering returns to skills, education quality, and peer effects. This column examines a 1961 Italian reform that increased enrolment in university STEM majors among students who had previously been denied … Continue reading
Finland – Unemployment rose sharply among highly-educated
Unemployment rose sharply among highly-educated people in Finland last year, according to figures released by the central statistics office on Tuesday. Joblessness among those with tertiary-level degrees climbed by some 30 percent between 2012 and 2013, says Statistics Finland. While more people in Finland overall were looking for work, this group expanded the most quickly. … Continue reading
2014 University Ranking by Times Higher Education – Cambridge has replaced Oxford
The University of Cambridge has replaced the University of Oxford at the top of a global ranking that measures how universities perform on graduate employability. The Global Employability University Survey 2014 has 13 UK institutions making the top 150 of the list, with University College London and Imperial College London joining the Oxbridge institutions in … Continue reading
4-Year Degrees in US – The vast majority of full-time college students do not graduate on time
In their latest report, Four-Year Myth, Complete College America and its Alliance of States reveal that the vast majority of full-time American college students do not graduate on time, costing them and their families tens of thousands of dollars in extra college-related expenses, as well as lost wages from delaying entry into the workforce. The … Continue reading
Grads with Debt in US – The burden of student loan repayment diminishes rapidly as earnings grow, but difficult in some fields finds Brookings
In this second economic analysis in the Major Decisions series, The Hamilton Project turns to the question of loan repayment. The analysis explores the relationship between earnings growth over one’s career and the relative burden of debt repayment across 80 majors. Specifically, we examine the share of monthly earnings needed to make monthly loan repayments … Continue reading
Higher Education in US – Clear information about costs and quality is needed study says
Che cost of acquiring the skills needed to be successful in the future economy is likely to fall sharply. That will be good for the economy. It will also open up opportunities for skill-based economic advancement for the many Americans who today cannot afford college without incurring crushing debt. For this transformation to achieve its … Continue reading
Canada – University graduates with lower levels of literacy and numeracy skills, 2012
In 2012, more than a quarter of university graduates in Canada aged 25 to 65 had a literacy score at the second level or below (out of five levels) in a survey on adult competencies led by the Organisation for Economic Co-operation and Development (OECD). The survey, which was part of the OECD Programme for the International Assessment of Adult … Continue reading
US – Hiring of college graduates is expected to jump 16 percent
Hiring of college graduates is expected to jump 16 percent in the US, though the starting salaries will see only a modest growth, says a study. About 60 percent of employers said they will keep starting pay the same as last year for the newly minted degree-holders, the survey of more than 5,700 companies revealed. The … Continue reading
Spain – Graduating in law and so what…
Alberto Gracia earned the first law degree in his family six years ago. Since then, he’s worked briefly as a lawyer and mostly as a video-store clerk, flower-seller or ticket-puncher. Now he’s found a career he thinks will stick: hospital orderly. Chosen excerpts by Job Market Monitor. Read the whole story at Lawyer’s Only Job Hope … Continue reading
US – The total number of positions in Communication advertised by institutions of higher education has more than doubled from 2009 to 2013
The National Communication Association (NCA) performs an annual analysis of college and university searches to fill academic positions in Communication. We collect job postings from three different outlets: the NCA Career Center, CRTNET, and Spectra. CRTNET is a disciplinary listserv where employers may post position announcements. Spectra is the NCA magazine. If a job was … Continue reading
Grads in Canada – The expectation gap
Too many young people flounder around the margins of their chosen field, bouncing from unpaid internship to short term contract to coffee shop job. Youth unemployment continues to hover stubbornly around 13 per cent, only 2 per cent lower than its peak during the recession and double the national average. And the unemployment rate doesn’t … Continue reading
Times Higher Education World University Rankings 2014-2015 is out!
Evidence is emerging of a decline in the power of US universities in the Times Higher Education World University Rankings 2014-2015, despite the California Institute of Technology’s claim on the top spot for the fourth consecutive year. The West Coast institution heads a top 10 for 2014-15 that still consists almost entirely of US-based universities, … Continue reading
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