This study provides new evidence on the inter-relationships between Indigenous Australians' association with their traditional culture and their engagement with vocational education and training.
This report examines whether expansion in education has led to credentialism in the workforce. The authors employ the ‘ORU’ model to compare the required level of education for a job and the actual level which is held by an individual in that job. This model defines an individual as being over-educated (O) for their job, having the right level of education (R), or being under-educated (U). Credentialism is then measured against the benchmark ‘right’ level for older cohorts. Findings show that younger cohorts will suffer from credentialism to the extent that more of them are over-educated compared with the older cohort. The ‘bite’ of credentialism is then measured by the wage penalty associated with this over education. However, the penalty is a modest one and on the whole additional study results in skills which are rewarded by higher wages.
In this interview, Steve Davis talks with researcher Mike Dockery about his report on 'Education and happiness in the school-to-work transition'. Using data from the Longitudinal Surveys of Australian Youth (LSAY), this report examines the relationship between education and happiness. The report finds that undertaking vocational qualifications such as an apprenticeship has a positive impact on happiness both during the training period and after completion. For university graduates, however, happiness declines following completion of their study.