This paper considers the potential significance of a concept of lifelong learning in the context of digital disruption. Having noted some contemporary contrasts in the visibility of lifelong learning policy, it revisits the earlier more widespread dominance of the concept, identifying not only variety but also tensions that are inherent and…

Fear of the coronavirus has shut down all but essential businesses. Economists have projected that unemployment could rise as high as 20%, compared with 3.5% this past February 2020. A survey conducted in mid-April by Strada Education Network found 62% of Americans worried about losing their jobs and 34% believed they would need more education to…

While debate continues about how to define and measure employability, most accounts revolve around a deceptively simple idea--whether or not a person obtains a job depends on their acquiring certain skills and attributes in college that are desired by employers in the labor market. The narrative advanced by this perspective raises two critical…

Many have called for greater alignment between education systems and the workforce, more equitable access to career-oriented experiences, and new policy approaches that will enable all individuals to successfully enter and thrive in the evolving labor market. Overall, education leaders at all levels must commit to new policy solutions that offer…

This paper, jointly prepared by Cedefop and the ETF, aims to inform the next steps in VET policy- making at EU level, including the Osnabruck declaration expected to be discussed by ministers in the autumn of 2020. It puts forward key challenges and opportunities for VET which have emerged from the intelligence, research and evidence collected…

The contribution of university education to sustainable development of society has become one of the most important activities of higher education institutions. After 55 years of independence, it is time to take a critical look at the role of university education in nation building in Kenya. Since independence, access and difficulties of…

The student voice is currently absent from the employability agenda for higher education in the UK. A government-led neo-liberal model of employability, claiming what employers want when employing graduates, has been uncritically adopted by many universities in the UK to inform higher education strategy and policy. Many undergraduates and…

There are many aspects of the "economics of education" that would make excellent examples for introductory economics students. The author presents two topics that are central to the economics of education and to human capital theory: the economic benefit (or "returns") to schooling and educational attainment as an investment.…

This chapter discusses the relationship between the labour market and vocational education and training in England. For decades British governments have emphasised the need for more people to stay longer in the formal education system and at the same time have attempted to improve work-based training. They have also emphasised the centrality of…

Data, while imprecise, suggest that some states are producing far more new teachers at the elementary level than will be able to find jobs in their respective states--even as districts struggle to find enough recruits in other certification fields. For some observers, the imbalances reflect a failure of teacher colleges--by far, the largest source…

The making of human capital is increasingly seen as a principal function of higher education. A keyword in neoliberal ideology, human capital represents a subtle masking of social conflict and expresses metaphorically the commodification of human abilities and an alienating notion of human potential, both of which sit ill with the goals of…

Purpose: Tackling structural and emergent problems in the labour market, valorising skilled human capital (HC) for opportunity creation, economic development and growth, are some of the key drivers for graduate entrepreneurship. This paper aims to examine developments in Africa, focusing on the significance of improving human capital through…

Employers need a pipeline of quality workers with different levels of skill and desired earnings. Almost half of U.S. jobs today can be defined as "middle skill" jobs, requiring less than a four-year degree but more than a high school diploma. The Bureau of Labor Statistics (BLS) occupational projections indicate that job categories for…

Motivated by the large differences in labor market outcomes across college majors, we survey the literature on the demand for and return to high school and post-secondary education by field of study. We combine elements from several papers to provide a dynamic model of education and occupation choice that stresses the roles of specificity of human…

Much of the focus in education has shifted toward science, technology, engineering, and mathematics (STEM). The growing importance of those subjects is based primarily on the projection that some countries will fall short of homegrown young adults who can meet the demands of the future job market unless educators act judiciously. But in the quest…