Education and Labor Market Linkage and Outcome(Ⅱ)

This three-year study entitled “Linkages between Education, the Labor Market, and Performance” seeks to not only find an effective linkage between education and the labor market, but also to analyze how this connection could bring about better performance, a denouement that may in turn have implications for human resources policy. The first year of this study (2009) was focused on how educational investments had been made, and what such investments had, amidst a variety of educational policies and environmental changes (mainly focusing on university education), achieved in terms of life career paths. Meanwhile, the second year of this study (2010) was mainly focused on defining the ‘linkages’, ‘linkage system,’ and ‘linkage media’ that exist between education and the labor market, and identifying, based on this research, relevant areas and analyzing their short and long-term impact. The following six detailed sub-topics were selected: ⅰ) Effects of education and ability on wages as far as the linkage between education and the labor market is concerned; ii) Preparation for employment at the college level and labor market outcomes; ⅲ) Firms' choices in terms of the transition from education to the labor market; ⅳ) Creativity and outcomes related to the linkage between education and the labor market; ⅴ) Certification and outcomes related to the linkage between education and the labor market; and ⅵ) Relationship between one's major and landing a secure job and its influence on job training. The results of the analysis of these 6 sub-topics is presented below...