Blog of the Day
posted by Sergio Arzeni, Sep 19, 2014
Australia fares well in terms of youth and adult skills compared to other OECD countries. Dr Sergio Arzeni says the tasks ahead are tackling disparities and ensuring that education leads on to good employment opportunities for all.
Skills are increasingly being recognised as a key driver of today’s economy. OECD research shows that a high level of skills is not only linked to improved employment outcomes, but also improved social outcomes such as trust in others, political engagement and health. Accordingly, Australia has much to celebrate in the fact that it compares favourably to other OECD countries in OECD surveys of youth and adult skills (the Programme for International Student Assessment and the Programme for International Assessment of Adult Competencies respectively).
This celebration, however, must be tempered by recognition of several ongoing challenges. Like other OECD countries, Australia has seen a significant increase in youth unemployment since the recession. Early exclusion from the labour market can have ripple effects throughout a young person’s life, affecting long-term career paths and future earnings prospects. Additionally, data suggests that not all groups of young people have similar chances for success. Disparities, particularly for Indigenous young people, can be seen both in skills, for example in mathematic literacy, and in unemployment rates.
read more »