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No Graduate Left Behind: Resource Configurations Enabling a Successful Labor Market Entry

Author

Listed:
  • Patricia Palffy
  • Luc Sandfort
  • Martin Schneider
  • Uschi Backes-Gellner

Abstract

A successful transition of young people into the labor market is essential not only for individuals' future careers but also to tackle the shortage of skilled workers that firms are facing globally. While a large empirical literature has studied single determinants of a successful transition into the labor market, little is known about how different determinants interrelate and whether different determinants can complement each other or compensate for the non-existence of another. Drawing on conservation of resources theory and using a person-centered approach - fuzzy set qualitative comparative analysis (fsQCA) - we theoretically develop and empirically test a configurational approach to study the determinants of a successful labor market entry of young middle-skilled graduates. To test our configurational approach, we use a unique longitudinal dataset that merges comprehensive individual survey data of adolescents in an upper-secondary education and training program in Switzerland with administrative records on labor market outcomes within six years of graduation. The findings revealed that it is not single resources but a combination of human, personal, social capital and energy resources that determine a successful labor market entry of young people. Most importantly, the results showed that even when young individuals lack personal or parental resources, firms can offset these disadvantages by providing a positive apprentice-supervisor relationship to still ensure a successful labor market entry.

Suggested Citation

  • Patricia Palffy & Luc Sandfort & Martin Schneider & Uschi Backes-Gellner, 2024. "No Graduate Left Behind: Resource Configurations Enabling a Successful Labor Market Entry," Economics of Education Working Paper Series 0221, University of Zurich, Department of Business Administration (IBW).
    • Handle: RePEc:iso:educat:0221
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    File URL: http://repec.business.uzh.ch/RePEc/iso/leadinghouse/0221_lhwpaper.pdf
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    References listed on IDEAS

    as
    1. Ragin, Charles C., 2000. "Fuzzy-Set Social Science," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226702773, October.
    2. Jonathon Halbesleben & Jean-Pierre Neveu & Samantha Paustian-Underdahl & Mina Westman, 2014. "Getting to the “COR”: Understanding the Role of Resources in Conservation of Resources Theory," Post-Print hal-02049109, HAL.
    3. Fiorella Kostoris Padoa Schioppa & Claudio Lupi, 2002. "Family Income and Wealth, Youth Unemployment and Active Labour Market Policies," International Review of Applied Economics, Taylor & Francis Journals, vol. 16(4), pages 407-416.
    4. repec:ucp:bkecon:9780226702766 is not listed on IDEAS
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