"This report presents findings from a comparative longitudinal study of the changing relationship between education, training and various measures of employability and well-being. The aim of this study was to explore the extent to which education and/or work-related training confer employmentrelated benefits over and above the now well-established positive effects these have on earnings and
employment. In so doing, it examines the concept of ‘employability’ and considers how this might be extended to incorporate some notion of well-being. The study investigates the links between education, training, employment, earnings and well-being and reveals the changing situation experienced by young adults over the past decade" -- page 1
