DIMENSIONS AND INDICATORS USED IN THE ANALYSIS OF THE EDUCATION - LABOUR MARKET RELATIONSHIP

Cojocaru Andrei Valentin, Nache Cimpoeru Maria and Calin Oana Alexandra
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Cojocaru Andrei Valentin: UNIVERSITY OF CRAIOVA, FACULTY OF ECONOMICS, DEPARTMENT OF ECONOMICS, ACCOUNTING AND INTERNATIONAL AFFAIRS
Nache Cimpoeru Maria: UNIVERSITY OF CRAIOVA, FACULTY OF ECONOMICS, DEPARTMENT OF ECONOMICS, ACCOUNTING AND INTERNATIONAL AFFAIRS
Calin Oana Alexandra: GRIGORE ALEXANDRU GHICA MILITARY SCHOOL

Annals - Economy Series, 2023, vol. 3, 206-220

Abstract: The ongoing evolution and rapid transformations occurring in the labor market, influenced by economic progress, are leading to the emergence of novel job roles and substantial modifications in conventional occupations. These changes underscore the importance of adapting educational systems to anticipate the future demands of the labor market, ensuring seamless transitions for individuals from educational institutions to the workforce. Education and employment are interdependent. On one hand, the European Union (EU) and its member states require an effective education system that equips individuals with skills aligned with labor market demands. However, it is also imperative to provide a proficient and inventive workforce market that amplifies efficiency while fostering individual growth and societal integration within the population. The key dimensions frequently analyzed to characterize the state of the education market and evaluate its implications on the labor market include the demand for education (participation rates in education), characteristics of the education supply (financial aid for tertiary education), and outcomes of the educational system (early school leavers, tertiary graduates, youth not in employment, education, or training). To gather relevant information, the statistical database Eurostat, Tempo-online (National Institute of Statistics), as well as data provided by the European Commission, the Council of the Union, and the European Parliament were utilized.

Keywords: education; labor market; employment; educational system; transition from school to work (search for similar items in EconPapers)
Date: 2023
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