The multitude of tasks performed in the labor market requires skills in many dimensions. Traditionally, human capital has been proxied primarily by educational attainment. However, an expanding body of literature highlights the importance of various skill dimensions for success in the labor market. This paper examines the returns to cognitive,…

This study explores the skill demand and supply of the current Moroccan urban labor workforce. It seeks to understand the experience of skill mismatch, and how it affects employability. Using semi-structured interviews and a phenomenological approach, the study explores the nature of job queues as informed by recruiters and educators. A total of…

In this new policy report, the fourth in a series examining the impact of human capital in the American labor market from the Educational Testing Service (ETS) Center for Research on Human Capital Education, the authors take a unique perspective on the critical link between human capital and labor market outcomes by expanding the analysis to…

In this study, we investigated the factors associated with education-job mismatches among US workers by immigrant generation. We used the data from the U.S. sample of the Program for the International Assessment of Adult Competencies (PIAAC) and documented the distribution of education-job mismatches across selected independent variables. We…

According to a prominent hypothesis, the occurrence of educational mismatches is consistent with human capital theory since over- and undereducation are substitutes for heterogeneity in the abilities and skills among educational peers. Using German data[superscript 1] of literacy and numeracy test scores, I find evidence that compared to their…

Canadian society is characterised by a plurality of immigrants and Canadian migration policy and corresponding recognition approaches are strongly geared to economic criteria, qualifications and skills. This paper addresses the question how immigrants who have acquired their highest qualification outside Canada are able to use their foreign…

Employability is a set of skills, knowledge and personal attributes that make an individual adapt to changes in the labour market. This study applies 'Human Capital Theory' (HCT) and the 'theory of Interrole Learning Transfer' (ILT) to examine factors which affect the attitudes, motivations and actions of learners towards their future…

Diploma and degree completion have become the fundamental standard for judging the performance of secondary and postsecondary educational institutions. Increasingly, leaders of education and workforce policy and programs assume that these measures of attainment effectively serve as indicators of adequate levels of essential literacy and numeracy…

Previous research has documented substantial overqualification and an association with social disadvantage and fields of study. Overqualification persistence has been less studied. Persistence is more important than prevalence because skill and job matches are likely to involve lags. Our data set allows us to estimate the prevalence, the…

With rising job vacancies and a workforce and society that are aging, the United States already has a reservoir of human capital that is not fully tapped: The millions of U.S.-born and immigrant college graduates who are in jobs requiring no more than a high school credential or who are unemployed. This human capital, if well leveraged, could…

The most painful effect of the Great Recession in European countries has been the surge in unemployment rates during a period that has been characterised by an increase in income inequality and the heterogeneous pattern of this inequality by educational level. Thus, workers with low levels of educational attainment were among the first to lose…

These Key Indicators on Education, Skills and Employment (KIESE) are a collection of statistics that are part of a broader set of indicators proposed by the ETF to enable an assessment of developments in the field of human capital in the partner countries. They include data on education, initial vocational education and training, lifelong…

Purpose: The purpose of this study is to explore how training, job tenure and education-job and skills-job matches impact employees' turnover intention by using a representative national sample from the Korean Labor and Income Panel Study in which 1,531 individuals were followed from 2003 to 2014. Design/methodology/approach: A…

This paper is the first in a series of policy reports dealing with the impact of human capital investments on the U.S. labor market. It is part of a larger series of papers from the ETS Center for Research on Human Capital and Education that uses data from the "Programme for the International Assessment of Adult Competencies" (PIAAC) to…

This comprehensive report examines the magnitude of the crisis of opportunity in America and its long-term implications. Interactions among powerful global economic forces, government policies and business practices have generated a self-sustaining set of dynamics that have led to increasing economic, social and political polarization, with the…