How the Labour Market Drives Mismatch and its Penalties

By Guillermo Montt. In a previous post, we showed how across countries that took part in the Survey of Adult Skills, 39% of workers are mismatched by field of study. These are workers who graduated from a particular field but work in another, unrelated occupation. We also showed that many field-mismatched workers are also over-qualified, … More How the Labour Market Drives Mismatch and its Penalties

Promoting quality apprenticeships: definition and key challenges

By Mark Keese. Apprenticeships provide opportunities to build up new skills and knowledge both on and off the job. When they are of high quality, apprenticeships promote a smoother transition from school to work for young people, giving them a good start to their working careers. They do so by providing a good mix of … More Promoting quality apprenticeships: definition and key challenges

Are we getting it right? The importance of assessing and anticipating skill needs

By Fabio Manca. Recent empirical literature warns about the negative impact that skills mismatch can have on individuals and economies as a whole. At the individual level, over-qualification and over-skilling entail lower earnings, lower job satisfaction and a higher risk of unemployment relative to well-matched workers (OECD, 2015 (forthcoming); Quintini, 2011). At the aggregate level, … More Are we getting it right? The importance of assessing and anticipating skill needs

A picture of working students in OECD countries

By Glenda Quintini. The combination of work and study has been hailed as crucial to ensure that youth develop the skills required on the labour market so that transitions from school to work are shorter and smoother. As a result, in the current context of record high unemployment rates, many governments have set out to … More A picture of working students in OECD countries