The transition to work for Canadian university graduates : time to first job 1982-1990 / by Julian Betts, Christopher Ferrall and Ross Finnie. : CS11-0019/141E

Understanding this phase of labour market careers is important for several reasons. First, university education is a long and costly investment. Changes in the time it takes to gain steady employment afterwards have immediate effects on the returns to education and may therefore have long-term consequences for skill accumulation. Second, since young people have more fluid employment statuses, their experiences can also amplify larger trends affecting all workers... Finally, since completion of a university degree appears to fundamentally alter a person's labour market opportunities, unemployment rates and other aggregate statistics that average over new and older graduates do not adequately convey the post-graduation experience. Duration analysis is therefore particularly useful for understanding the school-to-work transition.--Introduction

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