Purpose: Indian government initiated several skill development policies and different types of vocational education and training (VET). Yet the participation in skill education is low because of poor labour market outcomes. This paper aims to calculate returns to skill education to understand the type of training that will have better labour…

In the Reform Era, the Chinese Government has placed great emphasis on the role of education in ensuring the economic success of individuals and of the country as a whole. While vocational and academic post-secondary qualifications are officially set at the same level, vocational education is positioned at the bottom of the educational hierarchy…

We quantify the returns to higher education for degree disciplines, namely 'professional' degrees, Medicine/Dentistry, Law, Accountancy and Psychology, within the UK from 2007 to 2015. We estimate the returns to education in the form of employment and wage premia associated with each subject. Our analysis contributes to the existing literature on…

This is an applied econometric analysis of labour market data for the United States. We study the impact of several factors on overflow of overeducated employees into various job categories. We use panel data regression analysis with fixed and random effects. We also use data visualisation to investigate the overeducation trends during 2002-2016…

In this paper, we employ a comparative life course approach for Canada and Germany to unravel the relationships among general and vocational educational attainment and different life course activities, with a focus on labour market and income inequality by gender. Life course theory and related concepts of 'time,' 'normative patterns,' 'order and…

A postsecondary degree is widely promoted as a great intergenerational economic equalizer for individuals born into disadvantaged economic circumstances. Yet, there is little empirical evidence documenting the extent that this may be true and whether people from all racial and ethnic, and language backgrounds are benefitting equally. We provide a…

This study uses longitudinal data combining information from the Postsecondary Student Information System (PSIS) with data from personal income tax (T1 Family File) to analyze the impact of short-duration credentials (certificates and diplomas from colleges and universities), completed after an undergraduate degree, on the outcomes on the labour…

Utilizing the 2013 "National Survey of College Graduates" (Scientists and Engineers Statistical Data System, National Science Foundation, 2015), this study examined three measures of labor market outcomes: annual earning potentials; primary work activity; and education-job match for science, technology, engineering, and mathematics…

This article looks at the labour market outcomes of 2015 postsecondary graduates three years after graduation. Specifically, it examines their employment status, job permanency, relatedness of their job or business to their 2015 educational program, the degree to which graduates feel qualified for their job, their employment income and their job…

This study examines how the "college earnings premium" (CEP)--the difference in average earnings between workers with and without college education--varies across the United States. Specifically, it compares across cities, states, and rural areas the mean earnings of workers with bachelor's degrees to those with associate degrees, with…

Conventional wisdom regards a college degree as necessary for a well-paying job and a good life. By focusing on average earnings, this conventional wisdom obscures the enormous variability in outcomes at each education level; in fact, the top half of high school graduates earn in the same range as the bottom half of college graduates. However the…

In March, the Office of the Chief Economist (OCE) released the first in a series of reports updating and expanding our previous work examining the science, technology, engineering, and math (STEM) workforce. That first report, "STEM Jobs. 2017 Update," provided an overview of STEM workers and their earning power. This second report…

Several studies have considered whether American college students' hold "realistic" wage expectations. The consensus is that they do not--overestimation of future earnings is in the region of 40-50%. But is it just college students who overestimate the success they will have in the labor market, or is this something common to all…

Teacher industrial action is a prevalent feature of public education systems across the globe. During the past few years teacher strikes have been observed in Argentina, Canada, Chile, China, France, Germany, India, Israel, Lebanon, Mexico, Russia, and the United States. A shared belief among policymakers across several of these countries is that…

Panama has achieved socio-economic improvements in recent decades thanks to strong economic growth and consequent poverty reduction. Its growth model is characterised by a dual economy in which a small number of activities, including those related to the Canal and Special Economic Zones, have exhibited high productivity growth but limited job…