Exploring school-to-work transitions. Alison Wolf King ’ s College London. Today ’ s World. Huge expansion in education – in the developed world, full-time to 18 the norm, in developed and developing, very rapid growth in higher education Major changes in structure of labour market
King’s College London
Recent in the UK which maintained teenage employment at high levels longer than most other European countries. Long-standing in mainland Western Europe.
More recent, potentially more amenable to policy interventions but also highly damaging to those involved
Today, the UK is quite typical of developed economies in a number of key ways. Problems of transition are general and quite intractable.
Ratio of the unemployment rate of 20-24 year-olds to those of adults (aged 25-64). (OECD Stat Extracts, http://stats.oecd.org/Index.aspx)
Germany is the best-known ‘positive’ outlier – although they too have labour market challenges.
Source: IAB panel study, 2011
Note: OECD definition of low paid work (wages below two-thirds of median income)
Source: Rehn et al., 2011
Economic change, education and transitions
Formal education is increasingly seen as vital for life-chances, not just as a source of skills but as a gateway into the upper parts of the labour market. Employers may complain about the quality of education (and do, everywhere). But they use it, constantly, as a screening device and a ranking device.
But success not guaranteed – trying to recreate demolished institutions is hard