Theory suggests that strategic compensation can not only serve as a powerful motivational incentive to increase worker performance, but also improve the composition of the workforce through the attraction and retention of high performers and discouragement of lesser performers from entering or staying in the profession. This study tests the…

The COVID-19 pandemic brought unprecedented economic and policy challenges to the United States and other countries. Navigating out of the pandemic slowdown is another novel experience, which makes it more difficult to answer the question addressed each year in the "State of Working Pennsylvania": How is the Pennsylvania economy…

The COVID-19 pandemic has created uncertain economic conditions due to restrictions put in place to control the spread of the virus. These restrictions have significantly impacted the economic activities of businesses and industries, and in turn the demand for labour. As the recovery from the COVID-19 pandemic in Australia continues, it is…

The Great Recession and its aftermath have had long-lasting effects on the employment prospects of young people entering the workforce after graduating from high school or college. Despite officially ending in June 2009, the recession has left millions of people unemployed for extended spells, with recent workforce entrants such as young graduates…

Higher education could be one of California's most effective tools for combating economic and social inequities. College graduates experience large wage gains and their jobs offer more benefits than those of workers without bachelor's degrees. College graduates are also relatively insulated from recessions--including the current downturn--and…

The steady job growth and falling unemployment rate offer some reassurance that the economy is on the right track. Yet, the long-term structural changes accelerated by the cyclical impact of the Great Recession have resulted in a very unequal recovery. During the recession, the worst economic downturn since the Great Depression, workers without…

This report analyzes the growing need for qualified nurses. The study projects that the economy will create 1.6 million job openings for nurses through 2020. Yet, there will not be enough nurses to fill those openings. this report projects that the nursing workforce will be facing a shortfall of roughly 200,000 nursing professionals by 2020. One…

The Great Recession was one of the sharpest economic downturns of the past century, with significant impacts across the U.S. labor market. Over past decades, one key feature of the U.S. labor market has been the high and stable returns to education. In this paper I estimate the returns to education for large samples of young workers in Arkansas…

Shortages in the trades are again becoming a prominent issue as Australia emerges from the Global Financial Crisis. The existence of shortages puts the immediate focus on the apparent inability of the training system to supply sufficient skilled tradespersons, but shortages in an occupation are as much related to the rate at which individuals…

"Education Indicators in Focus" is a recurring series of briefs that highlight specific indicators in "OECD's Education at a Glance" that are of particular interest to policy makers and practitioners. They provide a detailed look into current issues in pre-primary, primary and secondary education, higher education, and adult outcomes from a global…

Following the collapse of the US investment bank Lehmann Brothers in September 2008, the world economy began a downward spiral, with many countries falling into recession. Australia experienced significant stock market losses and unemployment rates began to climb. This briefing paper considers how young people fared in previous downturns and…

Not only do more companies plan to hire in 2012, they plan to hire at similar or increased levels compared to 2011, according to responses to the 2011 Year-End Poll of Employers of the Graduate Management Admission Council (GMAC). The annual poll of employers, which the Council conducted from November 2 to November 16, 2011, garnered responses…

During the recent economic downturn, media and industry reports of skill shortages in the trades continued to appear. The intent of this paper is to examine the evidence for skill shortages in the trades persisting during the economic downturns over the last 20 years, using various indicators. These include employment growth, vacancy rates,…

Gender equality is not just about economic empowerment. It is a moral imperative, it is about fairness and equity, and includes many political, social and cultural dimensions. Gender equality, however, is also a key factor in self-reported well-being and happiness across the world. In the aftermath of the Great Recession, there is now an urgent…

In recent years, the level of participation and attainment by Indigenous Australians in education and training has improved, yet substantial gaps still exist between Indigenous Australians and non-Indigenous Australians. Education has to be a key focus if the gap between Indigenous and non-Indigenous employment rates is to be closed. This report…