The incidence and wage effects of overskilling among employed VET graduates

08 April 2010When the skills workers have do not match the skills that jobs require, a number of negative labour market outcomes can occur, including productivity and efficiency losses, lowered earnings and reduced job satisfaction. Using data from the Household Income and Labour Dynamics in Australia (HILDA) survey, this study examines the degree of job mismatch experienced by workers. The mismatch between the perceived skill level of the worker and the skill level of the job is considered as overskilling. The report finds that workers with vocational qualifications, particularly at the certificate III or IV level, are less likely to experience overskilling.

Noticeboard

22 March 2012

The Attorney-General's Department has launched a new inquiry to explore the scope for reforming Australian contract law. There will be a three-month consultation period.

07 March 2012

In May 2011 the Federal Government announced that the Australian Charities and Not-for-profits Commission (ACNC) would commence operations from 1 July 2012 and that it would initially be responsible for determining the legal status of groups seeking charitable, public benevolent institution, and other not-for-profit (NFP) benefits on behalf of all Commonwealth agencies. 

07 February 2012
The Productivity Commission has been asked to report within 8 months on Default Superannuation Funds in Modern Awards. The inquiry covers the design of criteria for the selection and ongoing assessment of superannuation funds for nomination as default funds in modern awards.