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Only Half of World's Workers Hold Jobs Corresponding to Their Education: ILO Report -Ditsa Bhattacharya

-Newsclick.in

In high and upper-middle-income countries, around 20% of all employed are overeducated; the corresponding share for lower-middle-income countries is around 12.5%, while in low-income countries it is less than 10%.

Only half of the workers worldwide hold jobs corresponding to their level of education, according to a recent report by the International Labour Organization (ILO). The report pointed out that many people are working in jobs that do not match their level of education, while at the same time, many employers claim to have difficulties in finding workers with the skills that they need to expand their business and innovate successfully. This phenomenon points to a significant disconnect between the world of education and the world of work, the author of the report said.

According to the report, over the years, considerable effort has been invested in improving the educational attainment of people worldwide, especially as part of the implementation of the Millennium Development Goals and the Sustainable Development Goals. "However," it said, "the enormous progress achieved in raising levels of education, especially among women and girls, has not translated into corresponding improvements in labour market outcomes."

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