Job Market Monitor
Vocational education
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
Tertiary Vocational Education vs Academic Education – Does it beat it ?
This paper shows that young men who completed an apprenticeship education plus a tertiary vocational education have considerably higher earnings during the first half of their career than those who obtained an academic education in addition to their apprenticeship education. We match individuals who are as similar as possible during their formative first labour market … Continue reading
A Unified VE System in NZ – Putting industry in charge and ensuring regional skills needs are met
To have effective vocational education, industry needs a say in what providers teach so that on-campus and online students learn the skills they need to be ready for the world of work. Around four to seven industry-governed Workforce Development Councils will be set up from 2020 onwards to give industry greater leadership across vocational education. … Continue reading
Vocational Education Matters – Strong systems are based on strong career guidance, links with the labour market and flexible curricula
Vocational education has not always had the best reputation. Vocational programmes are often technical in nature, and their graduates typically expect lower incomes relative to those who complete general or academic tracks. As a result, vocational education is generally perceived as a track for low-achieving students, or an alternative for those who drop out. But … Continue reading
Federal Funding in US – For higher education, annual total exceeds $150 billion vs $1 billion for a non-college, vocational pathway
Consider two high school seniors — one who exhibits strong academic talent and one who does not… To whom does our education system owe what? After high school graduation, the first student can access more than $10,000 annually in public funds to support his college experience. Federal funding for higher education has grown by 133 … Continue reading
Vocational Education – The vocational wage premium
Comparing cohorts born between 1951 and 1994, we document and interpret changes in the wage differential among graduates from secondary education with a vocational and a general curriculum. The wage gap initially increased and then decreased. We find that these changes cannot be attributed to simple compositional shifts in the economy, but instead relate to … Continue reading
VET in Europe – Only 48% whose education was primarily general in nature say they received information about it
In 2016 Cedefop launched its first ever opinion survey aimed at investigating EU citizens’ opinions on vocational education and training. A total of 35 646 face-to-face interviews were conducted with citizens of the Member States. The survey provides an unprecedented perspective on EU citizens’ opinions on awareness, attractiveness, experience and effectiveness of vocational education and training … Continue reading
General vs Vocational Education – Vocational training should not substitute for providing strong basic skills
Policy proposals promoting vocational education focus on the school-to-work transition. But with technological change, gains in youth employment may be offset by less adaptability and diminished employment later in life. To test for this trade-off, we employ a difference-in-differences approach that compares employment rates across different ages for people with general and vocational education. Using … Continue reading
Refugees in Germany – Vocational language training is the most effective
In 2015 and 2016, an estimated total of 1.2 million people arrived in Germany to ask for asylum. Although Germany had already experienced large inflows of asylum seekers in the early 1990s, the current situation is different not only in its scale, but also because many asylum seekers come from countries where the perspective of … Continue reading
Higher Education or VET in Australia
Chosen excerpts by Job Market Monitor. Read the whole story at The skilled labour market: a pictorial overview of trends and shortage 2015-16
16–18-year-olds in UK – Making the apprenticeship system work
Too many 16–18-year-olds are studying level 2 courses that do not help them progress to higher levels of vocational education or start a successful career. This is contributing to England’s relatively high levels of youth unemployment, as many young people struggle to make the transition from education to work. The current system of vocational education … Continue reading
VET in Finland – There are no dead-ends within the education system
More than 40% of the relevant age group start upper secondary VET studies immediately after basic education; most of these obtain their VET qualifications at vocational institutions. All qualifications include at least six months’ on-the-job learning. The most popular fields are technology, communications and transport, and social services, health and sports. Half the students are … Continue reading
Vocational vs. General Education – An initial employment advantage of individuals with VE turns into a disadvantage later in life
Around the world, there is an increasing interest in expanded vocational education as a way to get youth quickly and effectively into the labor market by endowing them with occupation- specific skills. Earlier analysis of labor markets in the 1990s, however, suggested possible adverse impacts of vocational education on employment opportunities later in life due … Continue reading
The European Credit System for Vocational Education and Training (ECVET) – The current state
The ECVET is one of the common EU tools, aiming to support the transfer, recognition and accumulation of assessed learning outcomes of individuals working to achieve a qualification and to promote lifelong learning through flexible and individualised learning pathways (European Parliament and Council of the EU, 2009). The creation and implementation of main ECVET principles … 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
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