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CHEPS: Youth, Education and the Labour Market

Youth, Education and the Labour Market. Vught, F.A. van Brussels, Group of Societal Policy Advisors, European Commission, 2006, 15 p. CHEPS New Publications

In this paper, Frans Van Vught discusses the achievements of the European education systems and explores the development of the qualification structure of the European labour force. He believes that a knowledge-intensive economy produces wage inequality, leading to increasing inequalities between less and better skilled new entrants to the labour market. The paper argues that the ‘knowledge society’ has created a race between education and technology, a race that is increasingly being lost by education.