The study considers whether “continuous learning over the life course is necessary to effectively compete in a knowledge-based global economy” by comparing labor market outcomes for middle-aged and older workers who participated in adult education and training with those who did not (p.1). Using survey data from the Program for the International Assessment of Adult Competencies (PIAAC) and the Survey of Consumer Finances (SCF) from 2010-2012, the study seeks to answer research questions including, “Is there a relationship between participation in formal and non-formal [adult education and training] and employment status?” and “Is there a relationship between participation in formal and non-formal [adult education and training] and higher levels of income and net worth?” (p.5-6).
In addition, the study compares these data from the United States with similar information from the U.K., Germany, Sweden, and Japan. The goal of this analysis is to examine “the characteristics of [adult education and training] programs, including financing schemes, in the U.K., Germany, Sweden, and Japan as compared to the U.S.” and to explore how outcomes including “labor force participation, employment, and income levels” vary across these countries (p.6).(Abstractor: Author and Website Staff)