Literacy and numeracy skills and labour market outcomes in Australia

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Permanent URL for this page: http://hdl.voced.edu.au/10707/308789.

Author: Shomos, Anthony; Forbes, Matthew

Abstract:

This paper profiles the literacy and numeracy skills of Australia’s adult population and assesses how important they are for two labour market outcomes - employment and wages. The authors found a strong positive association between skills and labour market outcomes. Modelling results show that a one-level increase in skills, approximately equivalent to the difference between completing Year 12 education and completing Year 11 (or lower), is associated with: an increased probability of employment of about two percentage points for men and about four percentage points for women; and an...  [+] Show more

Subjects: Literacy; Numeracy; Skills and knowledge; Outcomes; Labour market; Employment; Income; Gender; Qualifications

Keywords: Wage; Employees; Educational level; Human capital

Geographic subjects: Oceania; Australia

Published: Melbourne, Victoria: Productivity Commission, 2014

Physical description: vi, 77 p.

Access item:

http://www.pc.gov.au/research/staff-working/literacy-numeracy-skills

ISBN: 9781740374873

Resource type: Working paper

Document number: TD/TNC 116.1317

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