Does education reduce unemployment? New evidence on the impact of education on unemployment and re-employment.

Autor/inn/en	Riddell, W. Craig; Song, Xueda
Titel	Does education reduce unemployment? New evidence on the impact of education on unemployment and re-employment. Gefälligkeitsübersetzung: Reduziert Bildung die Arbeitslosigkeit? Neue Erkenntnisse über den Einfluss von Bildung auf Arbeitslosigkeit und Wiederbeschäftigung.
Quelle	In: Intereconomics, 47 (2012) 1, S. 16-22 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0020-5346; 1613-964X
DOI	10.1007/s10272-012-0402-2
Schlagwörter	Bildungsniveau; Bildungsertrag; Bildungsabschluss; Arbeitsloser; Arbeitsmarktrisiko; Arbeitsuche; Qualifikationsniveau; Kanada; USA
Abstract	"The labour markets in the USA, Canada and many European countries have been characterised by dramatic structural changes in recent decades, partly due to technological change, globalisation and the shifting economic environment. In addition to these ongoing sources of adjustment, high unemployment and weck economic activity remain in many countries as they slowly recover from the 'Great Recession' of 2008-09. In this environment, workers' adaptability to changing circumstances has become increasingly important for both individuals' labour market success and the efficiency of the overall labour market. Whether displaced or unemployed workers are able to adjust efficiently to adverse employment shocks is critical to not only their own welfare but also to the maintenance of healthy communities and the efficient allocation of labour resources. Motivated by the issue of whether additional education improves the ability of the labour force to adjust to economic shocks, we have been conducting research on the impact of formal education on transitions between labour force states, especially the transition from unemployment to employment. This article synthesises our recent Eindings on the causa) effects of education on unemployment incidence, job search intensity and re-employment success based on data from the USA and Canada.' We find that education at both the secondary and post-secondary levels increases the probability of re-employment among the unemployed. The magnitude of this effect is substantial. Further, our research suggests that education increases job search intensity, which may help illuminate a mechanism through which education influences the probability of re-employment. Finally, we find some evidence of a causal linkage between education and unemployment incidence (the probability of job loss). Additional education at the post-secondary level reduces the likelihood of becoming unemployed, although the size of this effect is relatively modest. However, education at the secondary school level does not appear to influence the likelihood of becoming unemployed." (Author's abstract, IAB-Doku). Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch; Querschnitt. Die Untersuchung bezieht sich auf den Zeitraum 1976 bis 2012.
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2012/3