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The combination of work and study has been hailed as crucial to ensure that youth develop the skills required on the labour market so that transitions from school to work are shorter and smoother. This paper fills an important gap in availability of internationally-comparable data. Using the...
Persistent link: https://www.econbiz.de/10011403053
In light of population ageing, globalisation, automation, and the effects of the COVID-19 pandemic, Thailand’s labour market is being significantly reshaped, and so are the skills required for higher employability. This paper analyses the capacity of Thailand’s education and training system...
Persistent link: https://www.econbiz.de/10012421216
Employment fosters equity and economic inclusiveness because those out of work face the highest risk of poverty, and it generates the tax receipts on which the social safety net depends. Further enhancing education and life-long learning would lower hurdles to employment, which are high for the...
Persistent link: https://www.econbiz.de/10011577862
This paper uses data from the American Life Panel to understand the determinants of well-being in the United States during the Great Recession. It investigates how various dimensions of subjective wellbeing reflected in the OECD Better Life Framework impact subjective well-being. The results...
Persistent link: https://www.econbiz.de/10010464956
Life is quite good in the United States compared to other OECD countries, thanks to strong economic growth and technological progress having lifted average income to high levels. Nonetheless, there is evidence that the benefits from growth have not been sufficiently broad based. Self-reported...
Persistent link: https://www.econbiz.de/10010464983
Labour input in Estonia remains lower than before the crisis. Skill mismatches between workers and jobs contribute to structural unemployment and emigration, notably among young, employed workers, has reduced labour supply. Although the government has lowered labour taxes and further reductions...
Persistent link: https://www.econbiz.de/10011399352
The strength of the German labour market response to the financial crisis of 2008-09 demonstrated the benefits of past labour market reforms, which raised work incentives, improved job matching and increased working hour flexibility. Going forward, the government should build on this success and...
Persistent link: https://www.econbiz.de/10009690912
Digitalisation, automation and future technological changes are changing the world of work, affecting the skills needed to perform them. The future of jobs will not look like the present situation: increasingly, workers will have to adapt to fast technological change, accept more mobility during...
Persistent link: https://www.econbiz.de/10011732731
China has made impressive strides in education in recent decades, even though the accumulation of human capital has lagged behind that of physical capital. Going forward, access to and quality of education will be key to sustain economic convergence with the most advanced economies and to offset...
Persistent link: https://www.econbiz.de/10011399425
A highly skilled workforce is crucial to sustain competitiveness and contain the rise in income inequality. Recent surveys of adult skills and educational performance suggest that younger cohorts are doing less well than their predecessors. Many immigrants struggle both in school and in the...
Persistent link: https://www.econbiz.de/10011399516