Title: Overeducation and its impact on unemployment duration: a glance at the Israeli labour market

Authors: Sharon More

Addresses: The Department of Logistics, Sapir Academic College, Mobile Post Hof Ashkelon, 7915600, Israel

Abstract: The current article examined the effect of the inefficient allocation of academic individuals in the Israeli labour market in terms of mismatch between the individual's level of education and the level of education required by their job - a phenomenon known as 'overeducation' - on the individual's duration of unemployment in the economy. The average cumulative annual duration of unemployment, as of graduation with a bachelor's degree, among overeducated individuals, was found to be higher than the average cumulative annual duration of unemployment among those who are not overeducated. Thus, one can see how significant this phenomenon is with respect to its effects on an individual's integration into the labour market.

Keywords: career management; economics of education; higher education; Israeli labour market; labour economics; occupational placement; overeducation; overqualification; underemployment; unemployment.

DOI: 10.1504/MEJM.2024.141918

Middle East Journal of Management, 2024 Vol.11 No.6, pp.620 - 638

Received: 24 Apr 2023
Accepted: 04 Jun 2023
Published online: 03 Oct 2024 *

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