The dynamics of job creation and destruction for University graduates: why a rising unemployment rate can be misleading

Ana Rute Cardoso and Priscila Ferreira ()

No 10, NIMA Working Papers from Núcleo de Investigação em Microeconomia Aplicada (NIMA), Universidade do Minho

Abstract: This study uses a longitudinal matched employer-employee data set on the Portuguese economy to analyze systematic information on job creation and job destruction for university graduates, comparing it to other groups of workers. We find that the unemployment rate can provide an incomplete and misleading idea of the dynamics in labor demand and of the employment prospects for university graduates. The pessimistic view that seems to be popular nowadays, stating that the expansion of higher education may have gone too far and that investment in higher education has become a too risky business, possibly not worthwhile, as employers are no longer keen on recruiting newly graduate workers, does not find support in the empirical evidence for the Portuguese economy.

Keywords: unemployment; gross job flows (search for similar items in EconPapers)
JEL-codes: J41 J60 J63 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2001-05
New Economics Papers: this item is included in nep-eec
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Citations: View citations in EconPapers (11)

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Related works:
Journal Article: The dynamics of job creation and destruction for university graduates: why a rising unemployment rate can be misleading (2009)
Working Paper: The Dynamics of Job Creation and Destruction for University Graduates: Why a Rising Unemployment Rate Can Be Misleading (2002)
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