In OECD countries, it has been estimated that about 50 % of individuals between the age group of 15 and 24 year olds procure income from employment. Within this age group, a majority of non-students which comprises about 65 % of the total has earning. On the other hand, less than half of the students comprising of about 40 % of the total earn from employments. Countries like Chile, Belgian, Greece and Spain has less than 10 % of the total students between the age group of 15 and 24 year olds have obtain earnings from employment. It is indeed essential to actually consider that in certain countries like Switzerland, a good proportion of students who are enrolled in higher secondary education have earnings that are based on contracts of apprenticeship.
On an average, it has been found that among students with high income from employment, those students who have attained upper secondary education or non-tertiary post secondary education have higher levels of earning than those students that have below the level of upper secondary attainments2. Such findings therefore support the fact that widespread notion that schooling going beyond compulsory education lead to loss of income, even while combining studying with work. This very loss of income along with tuition fees along with loan repayments often discourage individuals from studying and encourage being active within the labour market.
Several countries are now recently renewing interest in apprenticeship in the form of vocational education and VET training programmes. These programmes seem to be effective for development of skills for those individuals who lack qualification for ensuring a successful and smooth transition into the labour market. Countries get involved into apprenticeship programmes in order to effectively hold the line on indicators like youth unemployment.
In majority of the countries, students who complete apprenticeships is mainly awarded a qualification equivalent to upper secondary or post-secondary. There are some countries like Australia, where higher qualification like the Advanced Diploma is awarded. The apprenticeship programmes in OECD nations offer different combinations of vocation studies along with apprenticeship programmes. The students of upper secondary can enroll for apprenticeship programmes.
In England, in a survey conducted in 2013 more than half million people started with their placement in the year 2011/123. The numbers of such job holders are gradually increasing at comprehensive rate. Such news is indeed a good one for a country aiming to enhance its employment rate. In the back drop of high rate of school or college drop outs, favouring for apprenticeship or vocational training facilities may help to enhance the productivity of the country.
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