Job automation can undermine economic security for workers in general, and older workers, in particular. In this respect, consistently updating one's knowledge and skills is essential for being competitive in a technology-driven labor market. Older workers with lower adult literacy skills experience difficulties with continuous education and…

Job automation can undermine economic security for workers in general, and older workers, in particular. In this respect, consistently updating one's knowledge and skills is essential for being competitive in a technology-driven labor market. Older workers with lower adult literacy skills experience difficulties with continuous education and…

Adult literacy skills are critical assets of individuals as well as societies in terms of economic (e.g., human capital) and social well-being. Thus, it is important to monitor the long-term trends and sources of skill gain/loss. Yet, temporal sources of adult literacy skill variation are understudied. The current study analyzed three comparable,…

Recent economic diversifications of Kazakhstan from over-reliance on the extraction of natural resources are mainly based on increasing the quality of human capital by building a knowledge-based economy as an instrument for long-term sustainable development. In this regard, the paper explores the level of cognitive skills of the adult population…

Job automation is a topical issue in a technology-driven labor market. However, greater amounts of human capital (e.g., often measured by education, and information-processing skills, including adult literacy) are linked with job security. A knowledgeable and skilled labor force better resists unemployment and/or rebounds from job disruption…

Job automation is a topical issue in a technology-driven labor market. However, greater amounts of human capital (e.g., often measured by education, and information-processing skills, including adult literacy) are linked with job security. A knowledgeable and skilled labor force better resists unemployment and/or rebounds from job disruption…

The basic cognitive skill of numeracy is a recognized form of human capital, associated with economic and social well being for individuals and for nations. In this study, we explore how occupational complexity relates to proficiency in numeracy, among adults in full-time employment. We operationalize occupational complexity by constructing three…

Volunteering, STEM education and occupation, and information-processing skills such as literacy, numeracy, and digital problem-solving skills are important indicators of a nation's well-being as they represent civic engagement, economic development, and the human capital of the population. Although these critical social indicators have been…

This paper develops a new measure of human capital, calculated as a cohort-weighted average of the quality of education (PISA scores) and the quantity of education (mean years of schooling). Contrary to the existing studies, the relative weights of quality and quantity are estimated (and not calibrated). The quality of education is estimated to be…

As with the previous reports in the series, this new report relies on the rich source of data from the Programme for the International Assessment of Adult Competencies (PIAAC), including direct assessment of literacy and numeracy skills and a host of information on education, income, and other demographic characteristics. But what is unique in…

Policy discussions in the United States on the link between college majors and earnings have under-appreciated the role of cognitive skills. This study uses the Programme for the International Assessment of Adult Competencies, a unique data set that contains information on individual cognitive skills, college majors and earnings to investigate the…

Part-time workers' earnings are much lower than those of their full-time counterparts, a difference often referred to as the part-time wage penalty. The mean hourly wage of part-time workers is only two-thirds that of full-time workers. Despite this wage penalty, there were no significant differences between part- and full-time workers in literacy…

Volunteer participation benefits societies and individuals. The objective of this study was to examine the roles of education and adult literacy in formal volunteering among a nationally representative sample of the U.S. middle-aged and older adults (45-74 years) by race and ethnicity (Whites, Blacks, Hispanics). Using cross-sectional data (n =…

In this new policy report, the fourth in a series examining the impact of human capital in the American labor market from the Educational Testing Service (ETS) Center for Research on Human Capital Education, the authors take a unique perspective on the critical link between human capital and labor market outcomes by expanding the analysis to…

Extending recent analyses using PISA data, the current study utilises the OECD's Survey of Adult Skills (PIAAC) to test the central claims of knowledge capital theory. PIAAC has a distinct advantage over PISA in that it more directly tests levels of purported 'knowledge capital' across an entire national workforce, rather than offering…