In 1970, only one in 100 taxi drivers and chauffeurs in the US had a college degree, according to an analysis of labour statistics by Ohio University’s Richard Vedder, Christopher Denhart and Jonathan Robe. Today, 15 out of 100 do. Continue reading
The college degree is becoming the new high school diploma: the new minimum requirement, albeit an expensive one, for getting even the lowest-level job. Consider the 45-person law firm of Busch, Slipakoff & Schuh here in Atlanta, a place that has seen tremendous growth in the college-educated population. Like other employers across the country, the … Continue reading
“The contribution of immigrants to a host country’s welfare largely depends on the degree to which their foreign education translates into useable qualifications and skills in the host labour market. A common finding is of the imperfect transferability of human capital across countries” writes Mesbah Fathy Sharaf in Job-Education Mismatch and Its Impact on the Earnings of Immigrants: … Continue reading