Since 2003, Chinese university students have faced a dangerous level of unemployment after graduation. Current trends indicate that the situation is likely to remain at this level for some time. This article argues that it is difficult to generalize that there has been a decline in the competitiveness of all university students in the job market…

The authors examined the relationship between an individual's human capital profile--knowledge, skills, abilities, and other characteristics--and compensation before and after a job loss. The results of this study show that the types of human capital that predicted pre-job-loss salary differ from the types that predict reemployment salary. The…

Leading explanations for ethnic disparities in U.S. women's employment derive largely from research on men. Although recent case studies of newer immigrant groups suggest that these explanations may be less applicable than previously believed, no study to date has assessed this question systematically. Using 2000 Census data, this study tests the…

Study of gender disparities in rank/salary of college faculty used causal model to examine variables commonly used in human capital and structural/functional perspectives that have guided most research on gender equity. More than 60 percent of total effect of gender on academic rank/salaries is indirect. Model's usefulness and implications for…

Using data from 1974 to 1977 National Opinion Research Center Surveys, the investigator examined differentials in income between currently employed white men and women aged 25 to 64 (sample size: 965 men and 672 women). Special attention was given to explanatory effects of occupational characteristics other than those traditionally used in the…

American youths have experienced labor market adversity during the last decade. This project analyzed the reasons for earnings disparity among white and nonwhite, males and females in the labor market. The comparison was made by using the human capital framework to analyse the extent to which various personal characteristics and market factors…

A study, growing out of human capital theory, examined the economic consequences of dropping out of high school. Effect of schooling over time on labor market success (hourly pay rate, occupational prestige, and employment incidence and duration) was measured. Data on young men and women was obtained from the National Longitudinal Surveys of Labor…

In the classic employment contract, especially at large companies, wages were not strongly responsive to the labor market. Instead, individual companies had distinctive company wage levels and patterns. An exhaustive study of employers and employees in the United States and Japan examined whether the "old employment contract" has been…

Lifelong learning and skill flexibility are especially important for workers in China, where structural economic adjustment has generated 22 million layoffs from state-owned enterprises since 1997. Skills that were in huge demand in previous years, such as accounting, international trade, and language translation, are now facing serious oversupply…

Evidence from North American pay practices was used to examine the question of whether the "old employment contact," according to which employees promised to exchange hard work for job security, has truly been replaced by a "new employment contract" based more on market forces. The study analyzed data from the following…

Attempts to explain sex-related wage differentials generally rely on the human capital and segmentation labor market theories. The human capital theory explains individuals' position in the labor market primarily in terms of factors determining their productivity, whereas segmentation theory focuses on differences among jobs as determinants of the…

The 5-year impacts of mandatory welfare-to-work programs on welfare recipients and their children were examined by using a rigorous research design called a social experiment to examine 11 welfare-to-work programs in 6 states (California, Georgia, Michigan, Ohio, Oklahoma, and Oregon). Four employment-focused and seven education-focused programs…

This book contains five papers on the role of institutions in changing labor markets in Europe. "Introduction" (Peter Auer) explores the following topics: institutions and labor market forces; macroeconomic policy; redistribution of working times; equality of opportunity; and industrial relations and social dialogue. "Small-Economy…

The rising wage inequality in U.S. urban labor markets during the 1980s was examined in a study of 20 metropolitan area labor markets. The study's perspective differs from the prevailing perspective on the problem in three ways: (1) it focuses on changes in the wage structure in a sample of local labor markets; (2) it examines changes in the…

A dynamic model of decisions to work, invest in human capital, and commit crime was developed and examined. By making all three activities endogenous, the model explains why older, more intelligent, and more educated workers tend to commit fewer property crimes of some types than others. The model includes the following predictions: (1) policies…