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Education key to reducing unemployment
A new Organisation for Economic Development (OECD) survey shows recession has been the hardest on 15- to 29-year-olds, with the international trend reflected in the Gulf.
Pearson, the world’s largest education company, welcomes the findings of the OCED 2013 Education at a Glance report, which examines the relationship between education, employment and earnings.
Education at a Glance 2013 found that 15 to 29-year-olds have been hit particularly hard by the global recession, with unemployment amongst this group averaging 16 per cent in OECD countries. This international trend is also reflected in the Gulf region, where youth unemployment rates are higher than overall unemployment rates.
Pearson’s Regional Director for Qualifications, Mark Andrews, believes that education can play a role in reversing the youth unemployment trend in the region. Mr Andrews points to the findings of the OECD report that education has a huge impact on employability, and that the global economic crisis has strengthened this impact even further.
news@khaleejtimes.com
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