Page 50 - Special Topic Session (STS) - Volume 1

STS364 Maria F.

Comparative analysis of methodologies used for
collecting data on formal and informal
employment and tertiary education efficiency
Maria Frolova
FrolovaEDU company

Abstract
The rates of economic growth in many aspects depend on the quality of
human capital and the match of professional training accomplished by
educational institutions to the labour market demand. The last factor is the
reason for change of share of informal employment in total employment. The
phenomenon of highly educated informal employees is broadly spread in
developed countries. For operation management and efficient control of
investments made into education sector on macro and micro level by
government, companies and households we need to have the up-to-date data
on the matches and mismatches of the employers’ demand and professional
qualification of the manpower. The goal of the research is to evaluate the
efficiency of tertiary education system in meeting the demands of labour
market with use of indicators based on the procedures of statistical matching
and integration the results of different surveys and administrative data. In the
article the author makes comparative analysis of the methodologies
developed and used to collect data on tertiary education and to measure skills
and qualification mismatches of persons in employment. The guidelines,
regulations, definitions and data of International Labour Office (ILO) and
International Standard Classification of Education (ISCED) 2011 are used.

Keywords
Labour market demand; Qualification mismatch; Skills mismatch; Labour
statistics; Education statistics

1. Introduction
In modern global and digital world the speed of economy development in
countries, companies and households is closely related with the talents, skills
and personal development speed of human capital. On one hand, company
performance fully depends on qualifications and skills of manpower entering
labour market, they need employees able and ready to accomplish and
support their current activities, so we need the full match of company
demands and skills and qualifications of graduates. Underqualified and
underskilled personnel always imply stagnation/slow down/unemployment or
lead to extra company/personal costs for obtaining the necessary level for
implementing company plans/employment.

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