This paper updates an earlier paper by Karmel and Mlotkowski and looks at how the probability of getting a job, in addition to wages, impacts on completion rates. It finds that for trade apprentices the premium (or extra wage completing an apprenticeship brings) attached to becoming a tradesperson is a significant factor, whereas for non-trade trainees the training wage matters more. It also finds that the probability of employment for an apprentice or trainee on completion is greater than if they drop out; this particularly affects completion rates for trades and females in non-trade occupations. Finally, the economic downturn significantly increased the attractiveness of apprenticeships and traineeships.
This paper was prepared for the Australian Government's National Resources Sector Employment Taskforce, which was created to investigate the extent to which skill shortages might impact on the development of the resources sector. It applies historical apprenticeship commencement rates to population projections to provide an estimate of the number of tradespeople likely to be working in the resources sector between 2010 20 at a detailed level and by region.
Understanding Australia's vocational education and training (VET) system can be daunting for observers. This paper, written as a background paper for a visit from the OECD, describes Australia's VET system and how it relates to the broader set of education and learning options that are available to Australians.