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It uses cognitive and background data from the PIAAC assessment to study employed, unemployed, and out-of-the-labor-force populations. Beyond earnings, the analysis covers nonpecuniary outcomes such as employment status, employment intensity, employer-provided training, occupation, job satisfaction, and unemployment duration, showing that these outcomes are strongly connected to 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of Human Capital in the American Labor Market Series  \nSkills and Labor Market Outcomes of Working-Age Americans  \nNeeta Fogg, Paul Harrington and Ishwar Khatiwada Center for Labor Markets and Policy Drexel University  \nIrwin Kirsch and Anita Sands, ETS  \nTable of Contents  \nPreface .................................................................................................1  \nIntroduction ........................................................................................3  \nAbout the Data....................................................................................5  \nLabor Market Outcomes and Skills for the Working-Age Population .......................................................................................................8  \nSkills and Labor Market Outcomes for the Employed Population .....................................................................................................21  \nSkills and Labor Market Outcomes for the Unemployed Population .....................................................................................................32  \nSkills and Labor Market Outcomes for the Out-of-the-LaborForce Population ...............................................................................37  \nSummary of Findings........................................................................40  \nImplications .......................................................................................44  \nAppendices ........................................................................................50  \nAppendix A: Measures of Labor Market Outcomes ..............50  \nAppendix B: Skills and Labor Market Outcomes ofthe 16-to 24-Year-Old Population ............................................................56  \nAppendix C: Skills and Labor Market Outcomes ofthe 25-to 54-Year-Old Population ............................................................63  \nAppendix D: Skills and Labor Market Outcomes ofthe 55-to 74-Year-Old Population ............................................................68  \nAppendix E: Definitions ofthe Dependent and Independent Variables in the Logistic Regressions, 16-to 74-Year-Olds, PIAAC, 2012-2014-2017 .................................................................73  \nAbout the Authors ............................................................................86  \nEndotes...............................................................................................89  \nThis report was written by:  \nNeeta Fogg Paul Harrington Ishwar Khatiwada Irwin Kirsch Anita Sands  \nThe views expressed in this report are those of the authors and do not necessarily reflect the views of the officers and trustees of Educational Testing Service.  \nCopyright © 2022 by ETS. All rights reserved. ETS and the ETS logo are registered trademarks of ETS. All other trademarks are the property of their respective owners.  \nSeptember 2022  \nETS Center for Research on Human Capital and Education  \nResearch and Development Educational Testing Service Rosedale Road  \nPrinceton, NJ 08541-0001 Suggested citation:  \nNeeta Fogg, Paul Harrington, Ishwar Khatiwada, and Irwin Kirsch, Anita Sands. Skills and Labor Market Outcomes of WorkingAge Americans, The Impact of Human Capital in the American Labor Market Series (Princeton, NJ:  \nEducational Testing Service, 2022) .  \nPreface  \nIn 2008, in their widely acclaimed book, The Race Between Education and Technology, Harvard researchers Claudia Goldin and Lawrence Katz described human capital as the central determinant of economic growth in the United States in the 20th century. [I] Today, human capital, defined typically as the stock of knowledge, skills, and abilities of individuals, remains a critical driving force for growth of individuals and the nation. [II] In fact, research that examines the role of skills in the American labor market, including research previously published by the ETS Center for Research on Human Capital Education, revea","cbCairrmLYFbhqTB","https://ap.wps.com/l/cbCairrmLYFbhqTB","pdf",4072315,97,"English","# Preface\n# Introduction\n# About the Data\n# Labor Market Outcomes and Skills for the Working-Age Population\n# Skills and Labor Market Outcomes for the Employed Population\n# Skills and Labor Market Outcomes for the Unemployed Population\n# Skills and Labor Market Outcomes for the Out-of-the-LaborForce Population\n# Summary of Findings\n# Implications\n# Appendices","[{\"question\":\"What data source is used to analyze workers’ skills and labor market outcomes?\",\"answer\":\"The report uses cognitive and background data collected through the Programme for the International Assessment of Adult Skills (PIAAC).\"},{\"question\":\"How does the report measure human capital and skills?\",\"answer\":\"It defines and measures skills using literacy and numeracy proficiencies of workers.\"},{\"question\":\"Does the analysis cover only earnings, or also nonpecuniary outcomes?\",\"answer\":\"The report focuses on nonpecuniary labor market outcomes as well, including employment, unemployment duration, and being out of the labor force, along with related employment and satisfaction measures.\"}]","The Impact of Human Capital in the American Labor Market Series - Skills and Labor Market Outcomes of Working-Age Americans | PDF",1792048537,244]