EFZG working paper series, No. 02, 2008.
Other
The coordination between education and employment policies
Alka Obadić
orcid.org/0000-0002-8915-8853
; Faculty of Economics and Business, University of Zagreb
Sanja Porić
Abstract
At the end of the 20th century, knowledge production has been radically transformed. As knew knowledge
economies and US were becoming an increasing threat for EU, the Lisbon Strategy was set to treat the
economic problems that EU is facing. This article discusses and evaluates the potential of the Lisbon Agenda
and presents the ways how growth in GDP per capita and employability could be increased by synchronized
education and employment policies.
It is widely believed that jobs are becoming more and more demanding of skills and as a result workers need to
upgrade their skills or risk loosing out in the competition for jobs in the new economy. The research confirms
that the reason why many of these unemployed workers might be considered "unemployable in a modern
economy" is their comparatively low level of education. Employment rates rise with educational attainment
and higher educated individuals also face a more stable labour market than lower educated individuals.
The research concludes that in situation of stable higher unemployment rates and higher demand for specific
labour skills it is obvious that the coordination between employment and education policies is needed. To
ensure employability, policies for promoting education and lifelong learning have to be adjusted to changes in
the economy and society.
Keywords
Lisbon Agenda; employment policy; education policy; lifelong learning; EU
Hrčak ID:
137170
URI
Publication date:
31.3.2008.
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