Education for jobs and growth

Education and training are crucial for both economic and social progress. Aligning skills with labour market needs plays a key role in this.

What is it about?

Education and training are crucial for both economic and social progress. Aligning skills with labour market needs plays a key role in this. By the same token, under its Europe 2020 strategy to respond to the economic crisis, the EU set targets to bring the number of early school-leavers down to below 10% and increase the share of graduates from tertiary education to at least 40% by 2020.

Why is it needed?

In an increasingly globalised and knowledge-based economy, Europe is in need of a well-skilled workforce to compete in terms of productivity, quality, and innovation.

Recent evidence, however, suggests that 20% of the EU working age population has low literacy and numeracy skills. This adds to the growing mismatch between the skills people acquire and what is demanded on the labour market. These factors contribute to unemployment and limited growth. Education and training also bolster the personal development and active citizenship and promote equity, social inclusion and cohesion.

How does it work?

While the responsibility for education and training systems lies with the member states, the EU has a key role in supporting and supplementing efforts to improve and modernise their education systems.

The objectives, instruments and arrangements for joint work at EU-level are outlined in the strategic framework for European cooperation in education and training (ET 2020). This framework is valid until 2020.

Progress is monitored with the help of indicators and against a set of benchmarks. Under the Europe 2020 Strategy and the European Semester:

  • The EU carries out country analysis to support Member States in the development of their education and training policy. These respond to challenges that are identified at EU, national, and regional level, and aim to support mutual learning, exchange of best practices, identifying investment needs and assessing progress. EU countries are given specific guidance on priority reforms each year ("Country-specific recommendations").
  • The EU also promotes numerous consultation and cooperation activities involving stakeholders such as learning providers, civil society, businesses, and social partner organisations.

The Education, Training, and Youth Forum is the annual platform for exchanges of views between the various stakeholders in education, training and youth.