There are hundreds of local labor markets fuel the American economy, and each one is driven by the needs of the local area's mix of industries and the skills of its workers. For each labor market to operate at its peak potential, these needs and skills must align. Achieving alignment requires local education and training providers to convey…

Purpose: The economic and social developments of countries are strictly dependent on the qualified graduates/workforce that they have. The aim of this study was to determine the quality and skill aspects of graduates and their satisfaction level of labour supply and demand in higher education. Research Methods: In this study, the data related to…

In Chapter 1 I investigate the supply of college majors and how this facet of institutional behavior influences student outcomes and costs in higher education. As a first contribution, I identify a decades-long trend in 4-year postsecondary education in the United States--the production of bachelor's degrees measured by their concentration across…

"The Improving the Pipeline for Tennessee's Workforce: Academic Supply for Occupational Demand Report" is the second joint report between the Tennessee Higher Education Commission (THEC), Tennessee Department of Labor and Workforce Development (TDLWD), Tennessee Department of Economic and Community Development (TNECD), and Tennessee…

Washington could add as many as 110,000 new jobs by 2017 by closing skill gaps--the mismatch between the skills people have and those employers need, according to a March 2013 Washington Roundtable report. STEM professions face the most critical demand. Of the 25,000 jobs vacant for three months or more due to a shortage of qualified candidates,…

With funding from the Joyce and Lumina foundations, Jobs for the Future (JFF) launched Credentials that Work to help postsecondary institutions, regions, and states align their occupational training programs to changing market demands. This initiative incorporates innovations in real-time labor market information in guiding institutions to better…

Although skill shortages are often portrayed as a significant problem for the Australian economy, there is surprisingly little evidence about their prevalence, causes and consequences. It is difficult to find robust evidence about where skill shortages occur, why they occur, what businesses try to do about them and whether their responses are…

The U.S. workforce has undergone significant changes in the past few decades. Increasingly sophisticated technology, changes in the structure of the economy and the growing global marketplace have resulted in employers putting a higher premium than ever on educated workers. Much has been said about the importance of increasing the labor supply for…

Economic conditions over the past year have brought most nations in the world to a state of flux. What once appeared to be a thriving economy has now been in one of the steepest recessions in decades. To get our economy back on track, organizations will need to seek IT investments and solutions that increase productivity, improve security and…