Education at a Glance 2007, which has just been published today, analyses the impact on labour market returns of the massive expansion of education in OECD countries, particularly at the tertiary level. It looks at whether the increasing supply of well-educated labour has been matched by the creation of an equivalent number of high-paying jobs
When setting objectives for education and training, and when defining qualifications, policy-makers are beginning to focus less on input factors (duration, location, method) and more on what a learner knows and is able to do at the end of a learning process – i.e. on learning outcomes. This gradual shift has underpinned many related EU policy initiatives over the past few years.