Using a unique pan-European dataset, we rely on two alternative measures of over-education and control stepwise for four groups of covariates in order to interpret the over-education wage penalty in light of theoretical models. Firstly, it appears that a significant fraction (i.e. between 1/5 and 1/3) of PhD holders in Europe are genuinely…

We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets. Furthermore, the protection double majors experience is more…

Using longitudinal data of college graduates in Colombia, we estimate labor market returns to postsecondary degrees and to various skills--including literacy, numeracy, foreign language, and field-specific skills. Graduates of academic programs and schools of higher reputation obtain higher earnings relative to vocational public programs. A one…

This study explores perceived skill outcomes among graduates of 39 Australian higher education institutions in the short- to medium-term after course completion. While acknowledging important dimensions of graduate employability beyond the skills-based approach, we investigated graduate perspectives on their industry-relevant skill outcomes from…

How does postsecondary human capital investment respond to changes in labor market skill demand? We quantify the magnitude and nature of this response in the U.S. 4-year sector. To do so, we develop a new measure of institution-major-specific labor demand, and corresponding shift-share instrument, that combines job ads with alumni locations. We…

Purpose: The present study aims to investigate the reasons for the gap between academic education and the required skills of the labor market in Iran. Design/methodology/approach: For this purpose, the authors adopted a thematic analysis method. The participants in the study were connoisseurs from universities and research institutes in Iran, who…

This article explores the relevance and value of cultural geography within the undergraduate geography curriculum in light of graduate employability. The article is based on the assertion that employability is an objective to which universities are required to engage, and yet, cultural geography, as a sub-discipline, may be more challenging to map…

How do college students and postsecondary institutions react to changes in skill demand in the U.S. labor market? We quantify the magnitude and nature of response in the 4-year sector using a new measure of labor demand at the institution-major level that combines online job ads with geographic locations of alumni from a professional networking…

To tackle the problem of graduate employability (GE), higher education researchers and practitioners are suggesting the inclusion of employability modules in university curricula. However, the orthodoxy of the major-based undergraduate curriculum (MBUC) has rarely been challenged in the GE literature. Drawing on Clarke's (2018) [Clarke, M. (2018).…

If community colleges are to remain relevant, they must be future-oriented, and responsive to demographic and labor force shifts. The Get Skilled, Get a Job, Give Back initiative (G3) was implemented during the 2021-22 academic year to retain economically disadvantaged students, improve community college completion, and help students graduate into…

The rising prominence of micro-credentials started during the COVID-19 pandemic, where online resources offered competency-building opportunities for the work-from-home (WFH) human capital. During this pandemic, traditional universities faced total halt to face-to-face lectures, but ways paved for open and distance learning (ODL) universities to…

Do employers prioritize university prestige above an applicant's skills in the hiring process? To distinguish between the effect of human capital in the hiring process from the effect of the name of the graduating university--while controlling for networking effects--2,400 fictitious applications were submitted to IT and accounting jobs in the US,…

In 2013, roughly 7% of college graduates under 25 could not find employment, and about 37% were underemployed. Public university tuition costs increased by 42% between 1999 and 2012, and 71% of college graduates have an average of $29,400 in outstanding student debt. Employers for several decades have complained about how higher educational…

The article explores how international students in China are engaging with employability-related programmes to enhance their employment outcomes in their home countries, underpinned by the Graduate Capital Model (GCM). Thirty international students in China participated in in-depth interviews. Findings revealed that international students studying…

Purpose: This study explores practitioners' perspectives on the perceived gap between university and practice beyond the hard and soft skill paradigm. Utilising Tomlinson's graduate capital model of employability (2017), we explored human, social, cultural, and psychological capitals to enrich the understanding of this issue and employability. It…