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Skills and Jobs Mismatches in Low- and Middle-income Countries

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Author :
Release : 2019
Genre : Developing countries
Kind : eBook
Book Rating : 612/5 ( reviews)

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Book Synopsis Skills and Jobs Mismatches in Low- and Middle-income Countries by : Paul Comyn

Download or read book Skills and Jobs Mismatches in Low- and Middle-income Countries written by Paul Comyn. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt:

Accounting for Mismatch in Low- and Middle-Income Countries

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Author :
Release : 2016-09-16
Genre : Education
Kind : eBook
Book Rating : 097/5 ( reviews)

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Book Synopsis Accounting for Mismatch in Low- and Middle-Income Countries by : Michael J. Handel

Download or read book Accounting for Mismatch in Low- and Middle-Income Countries written by Michael J. Handel. This book was released on 2016-09-16. Available in PDF, EPUB and Kindle. Book excerpt: To stimulate economic advancement, low- and middle-income countries need well-educated and trained workforces to fill the types of skilled jobs that drive economic growth. Improving educational quality and attainment and providing better training are all rightly put forth as policy recommendations to leverage economic growth and job creation. However, new findings based on large scale surveys of adult skills from the World Bank Group’s STEP (Skills toward Employment and Productivity) Skills Measurement Program suggest that many workers are overqualified for their current jobs (based on the education those jobs require). The results of this study suggest that countries may not reap as much benefit from their investments in quality education and training if weak job creation leaves workers’ skills underutilized. Most of the literature on mismatch focuses on higher-income countries and rates of over-education among college graduates. Accounting for Mismatch in Low- and Middle-Income Countries uses new STEP Skills Survey data from 12 low- and middle-income countries, representing a range of economic and educational and training climates, to better understand the scope and patterns of education and skills mismatch. STEP collects information not only on workers’ level of education and employment status, but also on the types, frequency, and durations of tasks they carry out at their jobs as well as some of the cognitive skills they use. The study also explores additional factors such as gender, health, career stage, and participation in the informal labor sector that may help explain the degree of mismatch rates. The study’s findings indicate that over-education is common in low and middle income countries with both lower and higher rates of educational attainment. There is also evidence that over-educated tertiary workers do not use all of their skills, potentially wasting valuable human capital and educational resources. Aimed at policy makers, business and education leaders, and employers, Accounting for Mismatch in Low- and Middle-Income Countries suggests that job growth must go hand-in-hand with investments in education and training.

A Web-Based Approach to Measure Skill Mismatches and Skills Profiles for a Developing Country:

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Author :
Release : 2020-12-30
Genre : Technology & Engineering
Kind : eBook
Book Rating : 455/5 ( reviews)

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Book Synopsis A Web-Based Approach to Measure Skill Mismatches and Skills Profiles for a Developing Country: by : Jeisson Arley Cárdenas Rubio

Download or read book A Web-Based Approach to Measure Skill Mismatches and Skills Profiles for a Developing Country: written by Jeisson Arley Cárdenas Rubio. This book was released on 2020-12-30. Available in PDF, EPUB and Kindle. Book excerpt: "Several interdisciplinary studies highlight imperfect information as a possible explanation of skill mismatches, which in turn has implications for unemployment and informality rates. Despite information failures and their consequences, countries like Colombia (where informality and unemployment rates are high) lack a proper labour market information system to identify skill mismatches and employer skill requirements. One reason for this absence is the cost of collecting labour market data. Recently, the potential use of online job portals as a source of labour market information has gained the attention of researchers and policymakers, since these portals can provide quick and relatively low-cost data collection. As such, these portals could be of use for Colombia. However, debates continue about the efficacy of this use, particularly concerning the robustness of the collected data. This book implements a novel mixed-methods approach (such as web scraping, text mining, machine learning, etc.) to investigate to what extent a web-based model of skill mismatches can be developed for Colombia. The main contribution of this book is demonstrating that, with the proper techniques, job portals can be a robust source of labour market information. In doing so, it also contributes to current knowledge by developing a conceptual and methodological approach to identify skills, occupations, and skill mismatches using online job advertisements, which would otherwise be too complex to be collected and analysed via other means. By applying this novel methodology, this study provides new empirical data on the extent and nature of skill mismatches in Colombia for a considerable set of non-agricultural occupations in the urban and formal economy. Moreover, this information can be used as a complement to household surveys to monitor potential skill shortages. Thus, the findings are useful for policymakers, statisticians, and education and training providers, among others."

Skill Mismatch in Labor Markets

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Author :
Release : 2017-05-15
Genre : Business & Economics
Kind : eBook
Book Rating : 783/5 ( reviews)

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Book Synopsis Skill Mismatch in Labor Markets by : Solomon W. Polachek

Download or read book Skill Mismatch in Labor Markets written by Solomon W. Polachek. This book was released on 2017-05-15. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains original research articles which analyze the linkages between education and skills and the causes and consequences of different types of skill mismatch. The volume yields new insights regarding overeducation, underskilling, graduate jobs, wages returns to skills, aggregate productivity, job complexity and skill development.

Technical and Vocational Education and Training in the Philippines in the Age of Industry 4.0

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Author :
Release : 2021-03-01
Genre : Education
Kind : eBook
Book Rating : 748/5 ( reviews)

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Book Synopsis Technical and Vocational Education and Training in the Philippines in the Age of Industry 4.0 by : Asian Development Bank

Download or read book Technical and Vocational Education and Training in the Philippines in the Age of Industry 4.0 written by Asian Development Bank. This book was released on 2021-03-01. Available in PDF, EPUB and Kindle. Book excerpt: New and emerging technologies under Industry 4.0 are rapidly changing the nature of work and demand for skills around the world. Meanwhile, the coronavirus disease (COVID-19) pandemic is causing significant labor market upheavals. In the Philippines, the impacts on economic growth and employment have been highly disruptive. This publication highlights the vital role technical and vocational education and training (TVET) can play in mitigating the negative impacts of these drivers. It assesses what needs to be done to ensure the country's TVET system, and TESDA, the agency responsible for TVET, can meet the challenges and achieve their objectives of a competitive and socially inclusive workforce.

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