Comic: Education and unemployment

Source (Phd Comics)

3 replies
  1. billbennettnz
    billbennettnz says:

    Very amusing. I remember some time ago looking at (Australian) undergraduate enrollments for information technology versus the number of vacancies in industry; similar correlation.

    I then looked at the correlation three years down the track as the freshly minted IT experts emerged from their studies blinking into the light of the low point in the demand-for-IT-skills cycle. This seemed to happen time-after-time. It’s almost like a sine wave.

  2. Matt Nolan
    Matt Nolan says:

    “I then looked at the correlation three years down the track as the freshly minted IT experts emerged from their studies blinking into the light of the low point in the demand-for-IT-skills cycle. This seemed to happen time-after-time. It’s almost like a sine wave.”

    There definitely seems to be a co-ordination problem associated with meeting skilled labour. It is an interesting issue

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