Journal for Labour Market Research

Table 5 Effects of qualifications and covariates on unemployment

From: Do the labour market returns to university degrees differ between high and low achieving youth? Evidence from Australia

	All				Young men				Young women
Intercept	− 2.22***		− 2.19***		− 1.85***		− 1.87***		− 2.35***		− 2.30***
Male	0.23*		0.23*		–		–		–		–
Parents’ ESCS (std.)	− 0.10*		− 0.10*		− 0.11		− 0.11		− 0.10		− 0.10
PISA test score (std.)	− 0.35***		− 0.32***		− 0.32***		− 0.35***		− 0.37**		− 0.28***
Year 12 completion	− 0.47***		− 0.48***		− 0.66***		− 0.65***		− 0.29*		− 0.32*
VET certificate III or IV	− 0.06		− 0.06		0.13		0.14		− 0.25		− 0.24
VET diploma	− 0.25		− 0.25		− 0.13		− 0.13		− 0.36		− 0.35
University degree	− 0.56**		− 0.57***		− 0.64**		− 0.66**		− 0.50		− 0.58**
Prop. yrs. FT employed	− 2.92***		− 2.91***		− 3.11***		− 3.12***		− 2.78***		− 2.76***
Prop. yrs. unemp. spells	1.51***		1.51***		1.47***		1.48***		1.56***		1.64***
Years since 2003	− 0.01		− 0.01		0.01		0.01		− 0.02		− 0.02
Degree by test score	–		− 0.23		–		0.19		–		− 0.62
N of observations	25,492		25,492		12,541		12,541		12,951		12,951
N of events (y = 1)	1586		1586		816		816		770		770
N of persons (clusters)	7264		7264		3533		3533		3731		3731
Clusters with missing data	1043		1043		501		501		542		542

Logit regression coefficients from repeated design analyses. Contrast unemployed vs employed. Full-time study observations excluded. Weighted for sample selection and attrition. See Table 1 for abbreviations
* 0.05 > P > 0.01; ** 0.01 > P > 0.001; *** P < 0.001

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