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ERIC Number: ED202433
Record Type: RIE
Publication Date: 1976-Oct
Pages: 67
Abstractor: N/A
Reference Count: 0
Supply and Demand for Persons with Postsecondary Education.
Froomkin, Joseph
Analysis of recent developments in the supply of college graduates, non-completers in postsecondary education, demographic and educational developments in the 1960's, and projections for employment in 1985 suggest that an increasing proportion of younger, well-educated workers will be filling jobs where their postsecondary education will be of limited relevance. Many of these jobs will be in industry and in profit-oriented services. It is argued that the recent emphasis on training students for openings in the public sector no longer needs support. An important consequence seen in the presence of a large number of underused educated workers is that they will block merit promotion routes for persons with less impressive educational credentials, or that entry-level jobs for the better-educated will deteriorate. An examination of earning trends is suggested to determine whether additional education is contributing to productivity or just being used as a screening device. It is concluded that by 1985 roughly a third of college graduates will be in positions previously held by persons with less education, and two-thirds of persons with some postsecondary education will hold jobs previously filled by persons with only a high school degree. Appended are extensive tables and summaries of estimates of demand and supply for labor by level of education (population of working age, labor force participation rates) and of the demand for educated manpower (the Gross National Product and industry employment, labor force projections by occupation, and employment by educational level). (MSE)
Publication Type: Reports - Research; Numerical/Quantitative Data
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Department of Health, Education, and Welfare, Washington, DC.
Authoring Institution: Froomkin (Joseph) Inc., Washington, DC.; Educational Policy Research Center for Higher Education and Society, Washington, DC.