Efficiency Analysis of Graduate Alumni Insertion into the Labor Market as a Sustainable Development Goal

Abstract

The assumption that greater education levels of a given population leads to better employability levels thanks to higher education institutions (HEI) is widely known. However, most of the research related to HEI is focused on the determination of efficiency levels from an eminently academic perspective. The objective of this research is to carry out a comparative analysis of the efficiency degree of Latin American universities in terms of labor insertion for their graduate alumni, in order to evaluate the Sustainable Development Goal 8 related to decent work and economic growth. The data enveloping analysis (DEA) methodology was implemented. Main results showed different levels of labor efficiency among the studied institutions that were classified into eight groups of universities. Likewise, it was noted that Latin American university students showed employment levels above those of workers with lower levels of education and training.