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OALib Journal期刊
ISSN: 2333-9721
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EDUCATION AND EMPLOYMENT

Keywords: education , employment , human capital , skills , productivity

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Abstract:

The article analyses the relationship between the education degree of the working force and employment. The recent studies show that the major causes of the contemporary unemployment constitute the absence of knowledge, aptitudes, qualifications supposed by the dynamics of the modern economic system. The work demonstrates that the education gathers a more and more important economic value because of the increase in the complexity of the productive process imposed by the necessity to provide an increasing volume of goods and services. In the pages below, it is shown that the weakly qualified workers are the worst victims of unemployment since the owners have a relatively high preference for the working force with general education and high technique.

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