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Ressource

Worker's Skills Are Crucial for Success on Modern Labor Markets

Langue: EN

Posté par NIKOLAOS DALVIIGKAS

Policy brief from European Expert Network on Economics of Education (EENEE) on how workers' skills are crucial for success on modern labour markets. The brief examines evidence from the new Programme for the International Assessment of Adult Competencies (PIAAC) that suggests that skills are highly valued in modern economies. On average, going up one (out of five) PIAAC proficiency levels is associated with an 18 percent wage increase. But the labor-market returns to skills differ widely across European countries, from 12 to 24 percent.

Auteur(s) de la ressource: 
European Expert Network onEconomics of Education
Date de publication:
Jeudi, 18 Décembre, 2014
Langue du document
Type de ressource: 
Études et rapports
Pays:
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