Tuesday, September 13, 2011

Higher education leads to fewer job losses, per OECD Education at a Glance 2011

Excerpt from OECD article re Education at a Glance 2011 begins:
"People with university degrees have suffered far fewer job losses during the global economic crisis than those who left school without qualifications, according to the latest edition of the OECD’s annual Education at a Glance. Good education and skills are crucial to improving a person’s economic and social prospects.
Unemployment rates among university graduates stood at 4.4% on average across OECD countries in 2009. But people who did not complete high school faced unemployment rates of 11.5%, up from 8.7% the year before. This adds to the huge problem of youth unemployment that today exceeds 17% in the OECD area."

Excerpt above is from
http://www.oecd.org/document/21/0,3746,en_21571361_44315115_48651029_1_1_1_1,00.html, retrieved September 13, 2011

The full report is available via http://www.oecd.org/dataoecd/61/2/48631582.pdf
OECD (2011), Education at a Glance 2011: OECD Indicators, OECD Publishing.
ISBN 978-92-64-11420-3 (print)
ISBN 978-92-64-11705-1 (PDF)

Inside Higher Ed Sep 13, 2011 alerted us to the annual OECD report.