Low Skills to Hamper Spain, Italy Revival, OECD Says

Paul Hannon:

Workers in Spain and Italy are the least skilled among 24 developed countries surveyed by the Organization for Economic Cooperation and Development, a deficit that is likely to impede the ability of those two countries to boost their competitiveness as part of efforts to overcome the euro-zone fiscal crisis.

In a report that covered a wide range of countries, the OECD also concluded that in both the U.S. and the U.K., younger people are significantly less-skilled relative to their peers than older people, while Japan and Finland boast the most-skilled workers.

Most assessments of the quality of human capital available to national economies have focused on time spent in education. The OECD's study is the most extensive effort to date to measure the skills acquired during education.

Related: wisconsin2.org.

Posted by Jim Zellmer at October 11, 2013 12:50 AM
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