Fun With Apprenticeship Registration Data
Last week we looked at undergraduate enrolment. Today, I want to look at a slightly more complicated story; namely, changes over time in apprenticeship enrolments. Figure 1 shows a well-known story about apprenticeships. This country had a long construction boom starting just before the turn of the century driven in large part by the super-cycle in commodities prices (mainly oil and gas) through to the first half of last decade. Then, as we all know, oil prices fell, meaning that