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Education and labour market in the age of globalisation: some evidence for EU-27

In the age of globalisation, particularly since the current crisis erupted, the labour market is in a constant and rapid state of change. This requires, in turn, a skilled workforce capable of responding flexibly to the market needs. A country's ability to compete internationally, thus, rests o...

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Published in:Procedia, social and behavioral sciences social and behavioral sciences, 2010, Vol.9, p.1140-1144
Main Authors: Furia, Donatella, Castagna, Alina, Mattoscio, Nicola, Scamuffa, Domenico
Format: Article
Language:English
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Summary:In the age of globalisation, particularly since the current crisis erupted, the labour market is in a constant and rapid state of change. This requires, in turn, a skilled workforce capable of responding flexibly to the market needs. A country's ability to compete internationally, thus, rests on a working relationship between education and employment, as this allows more responsiveness of the education system to the labour market requirements. These issues are being addressed in this paper with reference to the 27 member states of the European Union. In such a respect, a multidimensional approach is used to examine the connections between educational output and employment conditions. The research is conducted by combining quantitative and qualitative measures to understand and capture the processes and outcomes of schooling systems and labour markets in Europe. All the evidence suggests that countries that perform well across educational standards do often provide higher employment chances and better labour market conditions, while the contrary holds for countries scoring poorly in terms of educational attainment. © 2010 Published by Elsevier Ltd.
ISSN:1877-0428
1877-0428
DOI:10.1016/j.sbspro.2010.12.297