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Skill requirements in the labour market have significantly changed over the past two decades. The restructuring of the economy is making the labour market increasingly knowledge-based.
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Early Childhood Education and Care Data Country Note - Hungary
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Educational attainment matters greatly in Hungary’s labour market: people with tertiary education have much higher employment rates and earn more than twice as much than those without.
Significant labour market mismatches and insufficient mobility penalise employment and productivity. Mismatches have above all a skills dimension, with an excess of low-skilled workers and a possible lack of skilled workers in certain domains.
Education at a Glance 2013 - Country notes and key fact tables
A rapid decrease in unemployment is a short-term priority to limit social problems and reduce the risk of rising structural unemployment.
Reducing the extent of inactivity and promoting labour supply is essential to foster labour market outcomes in Hungary in the medium term.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
Korea tops a new OECD PISA survey that tests how 15-year olds use computers and the Internet to learn. The next best performers were New Zealand, Australia, Japan, Hong-Kong China and Iceland.
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.