The dynamics of training programs for the unemployed

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in ProsFor improving the understanding of how training programs work, dynamic evaluation approaches that consider changes and impacts of training programs over time are useful. Job-search training is a low-cost intervention relative to other active labor market policies. Job-search training reduces the duration of unemployment for the individual. Occupational skills training has positive long-term effects on employment stability and earnings, which can persist over many years. eLeVATor PiTCHTime plays an important role in both the design and interpretation of evaluation studies of training programs. While the start and duration of a training program are closely linked to the evolution of job opportunities, the impact of training programs in the short and longer term changes over time. Neglecting these "dynamics" could lead to an unduly negative assessment of the effects of certain training schemes. Therefore, a better understanding of the dynamic relationship between different types of training and their respective labor market outcomes is essential for a better design and interpretation of evaluation studies. AuTHor's mAin messAGeOf the many "active" labor market policies designed to help unemployed people find work, occupational skills training ranks amongst the most expensive. However, although skills training is costly to implement and can prolong unemployment, the long-term improvements in employment stability and earnings can persist over many years. In contrast, job-search-oriented training is a relatively low-cost intervention and helps to identify suitable employment opportunities for individuals more quickly. Policymakers should be aware that while job-search training is the best option to activate job-seekers in the short term, investment in occupational skills training is more effective for addressing individual welfare issues and structural skills mismatch in the labor market in the long term.

Training in the age of liberalization and crisis: Understanding the learning experiences of young Active Labour Market Programme Participants

“…The short‐ and long‐term impact of youth training programs on earnings and employment in Greece and elsewhere has been examined through detailed statistical analyses conducted as part of micro‐econometric impact evaluations (Winterhager et al, 2006). Quantitative analyses of ALMP interventions suggest that overall approaches involving training have better long‐term employment outcomes (see Card et al, 2015; Osikominu, 2021), however these effects are variable.…”