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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...
Persistent link: https://www.econbiz.de/10012245278
This work explores the findings of the STEP (Skills toward Employment and Productivity) Skills Measurement Program that suggests that many workers are overqualified for their current jobs (based on the education those jobs require). The study also explores additional factors such as gender,...
Persistent link: https://www.econbiz.de/10011530468
Despite seven years of economic growth a large gap exists in the wages earned by workers at the top of the earnings scale and those at the bottom. The leading explanation for this growth in wage inequality continues to be the skills-mismatch theory. This theory in part posits that gains in...
Persistent link: https://www.econbiz.de/10003353717