General Education Versus Vocational Training: Analyzing the Labor Market Shift

General Education Versus Vocational Training: Analyzing the Labor Market Shift

The trend of young people pursuing university degrees in jobs they do not work in after graduation is on the rise according to research conducted by Malamud and Cristian (4). The society seems to focus more on fostering degree holders while giving minimal attention to vocational training; a trend that experts believe will be costly in the long run if not discouraged. This trend is likely to result in an imbalance in the labor market, an increase in unemployment and wastage of valuable resources including time, money as well…