Recent trends in the provision of vocational education and training (VET) diplomas and advanced diplomas are outlined in this paper. The paper also looks at how people with diplomas and advanced diplomas are faring in the labour market. The picture is rather mixed, suggesting that those with diplomas and advanced diplomas fare, on average, better than those with other VET qualifications or no post-school qualifications.
This paper presents a series of stylised facts from the research literature on vocational education and training and older people. It includes the following topics: Education is front end loaded; VET is really important in providing older people a second chance; Increases in educational participation of older persons have been very modest; Education makes a large difference to workforce engagement of older people; Qualifications obtained later in life appear to pay off, at least in terms of workforce engagement; ...but training is no panacea; Skills learnt on the job are very important; and Attitudes of both employers and employees create barriers for training for older people.