Bethel Finance news:
"About one-half of the young people entering the workforce in Israel do not have any post-secondary education and many of them lack any of the skills that are in demand in the labor market," according to a review titled, " From School to Work: Employment of Young People in Israel," published by the Bank of Israel.
Bank of Israel economists found that, "An analysis of the employment characteristics of young people, which goes beyond an analysis of employment in general, is important for two reasons: first, the initial working years are critical in establishing a stable employment trajectory and achieving a reasonable wage; and second, the situation of young people usually reflects the latest developments in the labor market."
"The rate of employment among individuals aged 28-33 who lack any post-secondary education has declined during the last 12 years by almost 10%. The figures were calculated for Jewish men (excluding those whose last place of study was a religious institution "yeshiva") since they have not displayed any major changes in employment behavior in recent years, in contrast to women and Arabs, for example."
"An analysis of the characteristics of young people who did not continue on to post-secondary education, relative to those who did, shows that few of them took any vocational training courses that could help them in the transition from school to work. In fact, those with a post-secondary education tend to take more vocational training courses," the report said. Among the young people who studied less than twelve years of school, about half of them studied in vocational schools, and only about 10% of them participated in a professional course in other frameworks."
The Bank of Israel added that, "An examination of the distribution according to profession shows that individuals studying computers constitute a large proportion of the students in technological schools, which reflects the situation in the labor market. In contrast, subjects related to service professions, which have become increasingly dominant in the labor market, are taught only on a small scale in the schools, while industrial professions, some of which are on the decline in the labor market, are in fact taught on a large scale. An example is the study of monitoring and control systems (one of the subjects in industrial mechanics), which is not a profession currently in demand in the market. This only emphasizes the ongoing challenge to planners of vocational training in high schools and post-secondary frameworks."
The review also found that, "Recently, steps have been taken to increase the scope of training during high school although less emphasis is being put on post-secondary vocational training courses. Policy regarding employment guidance for young people is almost non-existent."
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