During periods of economic turmoil and uncertainty, employment opportunities are often greatly diminished. The Great Recession beginning in 2007 caused such a labor market disruption, hitting new college graduates especially hard. Under such conditions, business ownership may appeal to some as a conceivable substitution to "finding a job." The…

Purpose: The purpose of this paper is to explore the issues around a multiple generational workforce and more specifically, the challenges and benefits for education providers and employers. Design/methodology/approach: Reviewing research papers, analysing academic texts, interrogating market intelligence and contextualising case studies, the…

In this paper we attempt to measure the educational mismatch, seen as a problem of overeducation, using a multidimensional and fuzzy methodology. Educational mismatch can be difficult to measure because many factors can converge to its definition and the traditional unidimensional indicators presented in literature can offer a restricted view of…

Are highly educated workers better at locating in areas with high labor demand? To answer this question, I use three decades of U.S. Census data to estimate a McFadden-style model of residential location choice. I test for education differentials in the likelihood that young workers reside in states experiencing positive labor demand shocks at the…

Earning a college degree increases a person's life outcomes in income, employment, health, and quality of life. The average person with a bachelor's degree earns almost twice as much as a high school graduate and nearly triple that of someone who did not finish high school. The unemployment rate for people with bachelor's degrees is about…

This article addresses the question of why fields of study differ in early labour market returns. It is argued that the higher the potential training costs of a field of study the more problematic the labour market integration of graduates. This is due to the fact that employers use the occupational specificity and selectivity of a study programme…

Comparative analysis of the transition from higher education to work often focuses on cross-national variations of higher education systems to explain country-specific mobility patterns of higher education graduates. The structure of graduate labour markets, however, has received less attention, despite differences across countries. Variations in…

Nowadays, the successful transition of graduates from university into the world of work is one of the most important priorities of all involved stakeholders: governments, institutions of higher education, and individuals, as well as researchers. The present study analyzes the employability characteristics of higher technological education…

The National Association of Colleges and Employers conducted its annual survey of employer members from June 15, 2010 to August 15, 2010, to benchmark data relevant to college recruiting. From a base of 861 employers holding organizational membership, there were 268 responses for a response rate of 31 percent. Following are some of the major…

The recent response by Anthony Carnevale et al. to the authors' analysis of the fundamental shortcomings associated with their predictions of widespread college labor shortages focuses on three areas. First, Anthony Carnevale et al. suggest that the authors are educational Luddites by noting in the title of their response that the authors believe…

This paper presents the recruiting trends for 2010-2011. This year's report is based on nearly 5,800 respondents, of which approximately 4,600 provided useable information, and 3,714 included complete hiring figures used for the projections. Despite the gloomy national labor market situation, the college segment of the market is poised to rebound…

The National Association of Colleges and Employers (NACE) conducts an annual survey of college students to identify: (1) how students approach the job market as they near graduation; (2) how responsive the market is to the graduating students; (3) the resources students use to seek their first full-time job after getting their degree; and (4) the…

Sometimes a proposed piece of legislation or new rule can catalyze debate about a key issue. That seems to be the case for the "gainful employment" rule currently being proposed by the Department of Education (DOE). The rule addresses a very real problem: The large amounts of debt being taken on by some students, mainly those attending for-profit…

One of the aims of the implementation of a two-tier degree system was that the new Bachelor's degree should serve two functions: as a basis for further studies (Master's level), and at the same time to qualify for the labour market. This twofold function may be present to a different degree in various countries, but was an explicit policy…

This article is about changes in the employment of graduates over the four decades since data on their first destinations was first published in the early 1960s. It aims to identify the main changes and their implications. The data used are drawn from questionnaire surveys with very high response rates (over 80 per cent). The main finding is that…