Mismatch between skills people have and those wanted by the labour market is costly for economies and societies. Productivity is lowered and competitiveness lost. And unfilled vacancies coincide with high unemployment!
The economic slowdown of the past two years raises concerns for the situation of young job-seekers on the labour market. What new developments are related to the professional insertion of new young job-seekers into the labour market? Which factors contribute to successful transition? These are some of the issues addressed in the latest edition of the Le Forem survey.
A decline in attractiveness of secondary IVET studies and dissatisfaction of employers with graduate supply has led to a radical, yet disputed intervention by the government. Stricter rules for secondary school admission were approved by the parliament by an amendment to the Act on VET. A grade point average in grade 8 and the first half of grade 9 of lower secondary school was introduced as a regulating indicator valid from the 2014/15 school year.