Commission welcomes OECD report on 'Getting Skills Right'

Commission welcomes OECD report on 'Getting Skills Right'

The report 'Getting Skills Right - Financial Incentives for Education and Training systems' was published yesterday by the Organisation for Economic Cooperation and Development (OECD).

The report has been financed under the EU Programme for Employment and Social Innovation (EaSI).

It examines how governments use financial incentives to promote a better alignment between

• labour market needs on the one hand,

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• and the supply of skills, on the other.

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This work fits very well with the New Skills Agenda launched last June, especially the parts on

• improving skills intelligence and information for better career choices.
• improving skills quality and relevance.

It is quite an innovative study as little work has been done so far in this area. In addition, the report highlights success factors which could be used for policy guidance in EU Member States.

Background

The report is the second in the "Getting Skills Right" series. The first study 'Assessing and Anticipating Changing Skill Needs' focused on the use of information on future skills needs to better align skills supply with labour market needs.