The Impact of Wages and the Likelihood of Employment on the Probability of Completing an Apprenticeship Or Traineeship

Résumé du livre

This paper updates an earlier paper by Karmel and Mlotkowski and looks at how the probability of getting a job, in addition to wages, impacts on course completion rates. It finds that for trade apprentices the premium (or extra wage completing an apprenticeship brings) attached to becoming a tradesperson is a significant factor, whereas for non-trade trainees the training wage matters more. It also finds that the economic downturn significantly increased the attractiveness of apprenticeships and traineeships.