In Austria, the apprenticeship system provides all citizens, including the less able among them, with a training option. Based on social security data, this article examines earnings and the stability of the occupational career of young workers with an apprenticeship diploma. As control groups, workers with a full-time secondary school education and workers who did not receive any further education after computing their compulsory education were used. One of the main findings is that workers with an apprenticeship diploma are much better off than those without further education. The article finds the following ranking with respect to education: high-school graduates, ex-apprentices and unskilled workers, with more pronounced differences between ex-apprentices and unskilled workers.
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