Training in the youth labour market in Australia / by Paul W. Miller.

Abstract

Data from the Australian Longitudinal Survey indicate that about 70 per cent of the youth labour force received some form of training during 1985. Indirect evidence on the per capita expenditure on job training derived from human capital models of wage determination suggest, however, that the annual outlay on training is quite small. This evidence is consistent with employer-sourced information presented in the Williams Report. Because industrial training is generally presumed to be a major determinant of a country?s international competitiveness, the apparent lack of training in the Australian labour market is of major importance to manpower program planning.