Poor skills severely reduce a person’s chance of a better-paying and more-rewarding job, and have a major impact on how the benefits of economic growth are shared within societies. In countries where large shares of adults have poor skills, it is difficult to introduce productivity-enhancing technologies and new ways of working, which stalls improvements in living standards, according to a new OECD report.
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This policy profile is part of the Education Policy Outlook series, which presents comparative analysis of education policies and reforms across OECD countries.
Israel is a young country with still dynamic population growth, but it is already beginning to face the consequences of population ageing.
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Israel’s economy is threatened by a series of serious skills shortages arising from a retirement wave among highly-skilled migrants.
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A high level of education is particularly common in Israel. The country ranks fourth among OECD countries for tertiary attainment among 25-64 year-olds.
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Higher level vocational education and training (VET) programmes are facing rapid change and intensifying challenges. What type of training is needed to meet the needs of changing economies? How can employers and unions be engaged? The country reports in this series look at these and other questions. They form part of Skills beyond School, the OECD policy review of postsecondary vocational education and training.