Using the 1995 cohort of the Longitudinal Surveys of Australian Youth, this project examines how long it takes for young people to move from education to work, and identifies factors that distinguish people who are able to move quickly into employment from those who take many months to find work.
Finding yourself in a job that does not match your skills or education level can be detrimental in a number of ways. Using data from the Household Income and Labour Dynamics in Australia (HILDA) Survey, this study builds on previous work by looking at the impact of being over-skilled or over-educated or both on an individual’s wages as well as their level of job satisfaction. The study distinguishes between ‘genuine’ mismatch (wages and job satisfaction are both low) and ‘apparent’ mismatch—where a job may pay less but has been accepted because it has some other redeeming attribute, such as greater flexibility of work hours. The study finds that mismatch is often characterised by both lower wages and job satisfaction.
The ageing of the Australian population has become an issue of national concern. How ageing impacts on the supply of vocational skills is less well known, and different age groups vary in the extent and character of vocational skills they possess. This report analyses and quantifies the compositional effects of changing demographics on both the quantitative and qualitative dimensions of the supply of vocational skills. Focusing particularly on occupations that utilise vocational skills intensively, this report provides an analysis of projected VET employment and VET qualifications by occupation and by age groups over a 15-year period to 2020.
Employment options have altered dramatically over the past 15 years, with full-time and permanent employment no longer the 'standard'. This report examines changes in employment modes for various groups of workers and its effect on the level and extent of skills development. The report finds that there is reduced support for training by employers as a result of the changing employment patterns, and this means that skills development will increasingly need to be funded by workers themselves and the taxpayer through the public vocational education and training system.
This report is part of a suite of research projects entitled 'A well-skilled future: Tailoring VET to the emerging labour market' conducted by a consortium of researchers from the National Institute of Labour Studies and the Centre for Post-compulsory Education and Lifelong Learning. This report aims to clarify the term 'skill shortage' and to explain how skill shortages can be resolved naturally by market forces. It also provides some guidance on determining when a skill shortage requires public-policy intervention.
A highly skilled workforce is widely viewed as essential for prosperity in economies characterised by rapid technological change. However, the development of high level skills across the workforce is expensive and requires major investment from individuals, governments and employers. This report explores an alternative approach to estimating Australian employers' contribution to skills development of the workforce. The measure is based on the increase of workers' productivity as a result of learning skills on the job. Workers' productivity is obtained by observing how fast wages grow with additional years of general work experience and of tenure with the current employer. The author estimates that, on this basis, total investment in employment-based training is much larger than previously believed.