The United States has posted more than 100 consecutive months of net job gains since the economic recovery began in 2010, making this the longest expansion in seven decades. Yet, for many, wage growth has lagged, leaving many families economically insecure. Meanwhile, job and economic growth continue to accrue in select corners of the nation,…

This study assessed and evaluated the competitiveness of national human resource development (NHRD) systems in emerging countries with potential for growth. The literature on emerging countries and NHRD systems was reviewed. The study developed a model mechanism with forty-one indices and nine sub-components for the NHRD system assessment in…

Human capital is a broad and multifaceted concept encompassing many different types of investment in people. However, the key aspect of human capital has to do with the knowledge and skills embodied in people. Human capital has always been an extremely important determinant of individual and social progress. In the present scenario, it is the…

A strong economy requires a highly educated workforce, especially in science, technology, engineering, and math (STEM) fields. In the United States, STEM degree production has stagnated, despite employment projections forecasting a 17% growth in the field over the next decade. Two key criteria influence progression through the STEM education…

Presents a summary of research on key aspects of the indirect effects of expanding education from grade six through grade nine, followed by a comprehensive analysis of social rates of return to investment in all levels of education in Indonesia and underemployment in urban and rural areas. (three figures, nine tables, 33 references) (MLF)

Japan's economic success is clear evidence that purposeful investments in the educational quality of the work force pay major dividends in terms of enhanced productivity and increased competitiveness. The key elements of the Japanese system are, in fact, less than 40 years old. The current recession is a reminder of the transitory nature of…

Most industrialized nations of the Organisation for Economic Cooperation and Development (OECD) have entered a new economic era characterized by new industries, new forms of production and competition, and a much higher premium on skills. Those with low levels of literacy and basic workplace skills find it increasingly difficult to obtain or…

This final report of the Secretary's Commission on Achieving Necessary Skills (SCANS) describes how the United States can prepare young people as well as workers already on the job for productive work in the 21st century. Following an executive summary, Part I, Learning a Living, describes the economic choices facing the United States, defines the…

A study analyzed the contributions of education to U.S. economic growth during the years 1948 to 1973. By allocating the growth of the quality of labor input among the contributions of changes in the composition of the labor force by sex, age, education, employment status, and occupation, researchers were able to separate the contribution of…

This report examines findings of the National Assessment of Educational Progress, which describes the educational attainments of today's youth, in combination with economic trends and future projections to reveal the shortcomings of students nationwide. The report begins with a description of three major economic trends within the United States:…

This document contains the final report of the National Center for Productivity and Quality of Working Life, whose primary functions are to make the United States aware of the benefits of productivity growth and to encourage initiatives that will result in better productivity performance. Divided into six major sections, this report reviews the…

The world needs a socioeconomic strategy--a set of interrelated policies that recognize that social and institutional changes at all levels of society are necessary to realize fully the technical and economic potential of new technologies. An assessment and dissemination of how different countries in the Organisation for Economic Co-operation and…

In the past few years an important beginning has been made toward defining and exploring the major issues in the economics of higher education. The research of economists covers a wide range of problems, from that of the Nation's requirements for college-trained people, to detailed questions of financing. Perhaps no single area of this work offers…

This book provides an introduction to earnings capacity (EC), a measurement of human capital, and its application to a research study of potential earned annual income over a 25-year period. Focus is on qualitative aspects of EC such as race, age, gender and education and its utilization. Chapter 1 is an introduction. Chapter 2 reviews existing…

In the past few years an important beginning has been made toward defining and exploring the major issues in the economics of higher education. The research of economists covers a wide range of problems, from that of the Nation's requirements for college-trained people, to detailed questions of financing. Perhaps no single area of this work offers…