Ireland -Investment in education pays -March 10, 2015

The bulk of the employment being created requires quite a high level of education.

In a larger article on investment in education it is revealed that countries that prioritise education see the benefits decades later. The publication of a report in 1965 entitled Investment in Education resulted in a change in policy and the introduction of free secondary education in 1967. Evidence does suggest that this educational transformation had a major economic effect in terms of participation rates, albeit decades after the initial investment took place. Figures published by the Central Statistics Office show that, since the recovery in employment began, a majority of the net jobs created have been for graduates and there have been no net new jobs for those who had not completed the Leaving Certificate. It is to be hoped that the economic recovery will bring growth in jobs for those with more limited educational attainment too but it is clear that the bulk of the employment being created requires quite a high level of education.

English: http://www.irishtimes.com/business/economy/how-our-education-system-affects ...  

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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