Reaching for the Stars and Settling for the Moon: Recent Trends in Overeducation of US Workers 2002-2016

Autor/inn/en	Habibi, Nader; Kamis, Arnold
Titel	Reaching for the Stars and Settling for the Moon: Recent Trends in Overeducation of US Workers 2002-2016
Quelle	In: Journal of Education and Work, 34 (2021) 2, S.143-157 (15 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Zusatzinformation	ORCID (Habibi, Nader) ORCID (Kamis, Arnold)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1363-9080
DOI	10.1080/13639080.2021.1897551
Schlagwörter	Educational Attainment; Labor Market; Employees; Employer Attitudes; Correlation; Income; Occupations; Employment Qualifications; Bachelors Degrees; Masters Degrees; College Graduates; High School Graduates; Employment Patterns + Suchen Sie Ihr Suchwort? Bildungsabschluss; Bildungsgut; Labour market; Arbeitsmarkt; Employee; Arbeitnehmer; Beschäftigter; Arbeitgeberinteresse; Korrelation; Einkommen; Beruf; Berufsumfeld; Employment qualification; Vocational qualification; Vocational qualifications; Berufliche Qualifikation; 'Bachelor''s degrees'; Bachelor-Studiengang; Hochschulabsolvent; Hochschulabsolventin; High school; High schools; Graduate; Graduates; Oberschule; Absolvent; Absolventin; Beschäftigungsstruktur
Abstract	In this study we investigate the educational attainment of the labour force in the United States. Our data analysis, based on Bureau of Labour Statistics data in more than 700 occupations, produced two important findings. First, we observed that the Overeducation Ratio (share of employees that are overeducated), which began to rise in the United States as early as 1970, continued its positive trend in many occupations during 2002--2016. Second, our regression analysis revealed a positive correlation between the overeducation ratio and the median earnings of an occupation. Since a larger overeducation ratio implies that a larger share of adequately educated individuals are crowded out, this result suggests that the displacement of adequately educated individuals is more severe in better paying occupations. Third, we analysed the overflow of graduate degree holders into occupations that require a bachelor's degree. We observe that graduate degree holders are crowding out the bachelor's degree holders from better paying bachelor's occupations. The bachelor's degree holders, in turn, are crowding out high school graduates from better paying high school jobs. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01