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| Education at a glance 2010: OECD indicators |
10 September 2010Governments need to go for world-class quality in their education systems to ensure long-term economic growth, according to the latest edition of the OECD's annual Education at a Glance.
“In a global economy, it is no longer improvement by national standards alone. The best performing education systems internationally provide the benchmark for success,” said OECD Secretary-General Angel Gurría launching the report in Paris.
“With the worldwide recession continuing to weigh on employment levels, education is an essential investment for responding to the changes in technology and demographics that are re-shaping labour markets.”
Recent experience demonstrates the value of investing in education. During the economic downturn, young people with low levels of education were hard hit, with unemployment rates for those that had not completed high school rising by almost five percentage points in OECD countries between 2008 and 2009.
For people with tertiary degrees, by contrast, the increase in unemployment levels during the same period was below two percentage points.
Among other points, the 2010 edition of Education at a Glance reveals that: