2023 The convexity of the relationship between education and employment is expected and well-documented (eg see van der Berg, 2014) Source: QLFS, weighted and adjusted for the complex survey design. [...] More education = better employment prospects, but every education level have experienced a reduction in employment Employment probability by level of education, Change in employment probability by level of 2010 - 2023 education, 2010 - 2023 Source: QLFS, weighted and adjusted for the complex survey design. [...] Reduction in employment prospects largest among diplomates Employment probability by level of post- Change in employment probability by level of secondary education, 2010 - 2023 post-secondary education, 2010 - 2023 Source: QLFS, weighted and adjusted for the complex survey design. [...] Reduction in wages among the higher-educated largest for those with a matric Average hourly wage by level of education, Change in average hourly wage by level of 2010 - 2023 education, 2010 - 2023 Source: Raw QLFS data privately provided by StatsSA, weighted and adjusted for the complex survey design. [...] More education still means higher wages, but the size of this gain has reduced over time Relative wage returns by level of education, Change in relative wage returns by level of 2013 - 2023 education, 2013 - 2023 Source: Raw QLFS data privately provided by StatsSA, weighted and adjusted for the complex survey design.
- Pages
- 20
- Published in
- South Africa
Table of Contents
- Slide 1: Tim Köhler & Gabrielle Wills 1
- Slide 2: Average years of completed education: 2
- Slide 3: Rising school completion among youth 3
- Slide 4 4
- Slide 5 5
- Slide 6: Labour market status of youth in South Africa 6
- Slide 7: What are recent matriculants doing? 7
- Slide 8: A closer look at recent matriculants who are NEET 8
- Slide 9: Rising NEET rate related to reduced employment opportunities… 9
- Slide 10: Employment probabilities in the past decade by education status and age (economically active) 10
- Slide 11: Significant increase in educational attainment 11
- Slide 12: Despite this increase, employment prospects have reduced (for every level of education) 12
- Slide 13: More education = better employment prospects, but every education level have experienced a reduction in employment 13
- Slide 14: Reduction in employment prospects largest among diplomates 14
- Slide 15: Conditional on getting a job, wages have remained largely unchanged over time in real terms 15
- Slide 16: Reduction in wages among the higher-educated largest for those with a matric 16
- Slide 17: The varying wage returns to education 17
- Slide 18: The average wage returns to education have remained largely unchanged over time 18
- Slide 19: More education still means higher wages, but the size of this gain has reduced over time 19
- Slide 20: Summary & conclusion 20
