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Employment and Competitiveness: The Key Role of Education. CEPS Policy Briefs No. 93, 1 February 2006

Gros, Daniel. (2006) Employment and Competitiveness: The Key Role of Education. CEPS Policy Briefs No. 93, 1 February 2006. [Policy Paper]

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    Abstract

    More than half way into the decade, it is clear that the EU will fall short of reaching its ambitious goal to make the EU the ‘most competitive economy’ by 2010. This contribution looks at an aspect that is often forgotten: namely the link between skills and employment, a central element in the Lisbon goal. It shows that the key problem of Europe in terms of employment is not so much the structure of its labour markets, but the insufficient skill levels of its population. The paper finds that investing more in improving the skills of the EU’s population would have, inter alia, a direct impact on the employment rate. Some progress is happening on this front as a result of a general increase in the investment in schooling that has taken place over the last decades. However, this ongoing ‘automatic’ improvement in skill levels is proceeding very slowly. There has been virtually no acceleration since 2000 and almost none of the more specific benchmarks set in the context of the Lisbon agenda is likely to be reached by the end of this decade.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > innovation policy
    EU policies and themes > Policies & related activities > education policy
    EU policies and themes > Policies & related activities > employment/labour market > employment/unemployment
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 14 Apr 2007
    Page Range: p. 8
    Last Modified: 15 Feb 2011 17:43
    URI: http://aei.pitt.edu/id/eprint/6595

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