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Anticipated graduate job mismatches and higher education capacity inadequacies in Greece
Authors:Nicholas P Glytsos
Institution:(1) Centre of Planning and Economic Research, 22 Hippokrates St., 106 80 Athens, Greece
Abstract:Projections ten years ahead are made of employment of university educated workers by field of study and of corresponding educational flows. On the demand side, projections are based on trends of sectoral output, productivity and occupational composition. On the supply side, projections rely on first year enrollments/graduates ratios by educational department.In a decade, new job seekers are found to be twice as many as new job openings. By 1995, about 15 per cent of the total stock of graduates will have to accept lsquonon-appropriatersquo jobs, presumably at relatively low wages.The Greek public sector, as a heavy subsidizer of higher education and as the major employer of graduates, plays a decisive role in sustaining imbalances. In conclusion, some policy implications for reducing imbalances are highlighted.
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