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The changing graduate labour market: analysis using a new indicator of graduate jobs

机译:不断变化的毕业生劳动力市场:使用毕业生就业新指标进行分析

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Abstract This paper examines differentiation in the recent evolving graduate labour market in Britain. Using a novel statistically derived indicator of graduate jobs, based on job skill requirements in three-digit occupations obtained from the British Skills and Employment Survey series, we analyse trends in the labour market between 1997/2001 and 2006/2012. The indicator performs better than other indicators in validation tests, could be applied flexibly in other contexts, and is available in the Additional file 1. We find that the massive influx of graduates into the labour force has been absorbed with no increase in overeducation. However, the returns to graduation have become more dispersed, with those at the upper quartile of the residual distribution increasing, while those at the lowest quartile have fallen. The wage gap between matched and overeducated graduates increased by 11 log points. Using the British Household Panel Study, we find that the persistence of overeducation status did not change but for non-employed male graduates moving into employment, the chances of entering a graduate job decreased. JEL Classification: J21, J24, J3
机译:摘要本文探讨了英国近来不断发展的毕业生劳动力市场的差异化。基于从英国技能和就业调查系列获得的三位数职业的工作技能要求,使用一种新颖的统计方法得出的毕业生工作指标,我们分析了1997/2001年至2006/2012年期间劳动力市场的趋势。该指标在验证测试中的表现优于其他指标,可以在其他情况下灵活应用,并且可以在其他文件中找到。我们发现,大量的毕业生涌入劳动力大军已被吸收,但没有增加过度教育的情况。但是,毕业收益的分散性更高,剩余分布的较高四分位数的收益增加,而最低四分位数的收益下降。匹配和受过良好教育的毕业生之间的工资差距增加了11个对数点。通过英国家庭小组研究,我们发现,过度教育状态的持续性并没有改变,但是对于失业的男性毕业生,当他们进入工作岗位时,进入大学工作的机会减少了。 JEL分类:J21,J24,J3

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