The functioning of the labour and education markets

a challenge to EC's educational policy

• Osmo Kivinen Turun yliopisto
• Risto Rinne Tampereen yliopisto https://orcid.org/0000-0002-6123-8392

DOI: https://doi.org/10.33336/aik.96857

Abstract

A characteristic of modern society is the emergence of different kinds of education markets alongside labour markets. Via these markets people move from the family setting to a job and from ane job to another with certain qualifications backing them up. It is envisaged in the European Community that a policy of expansion of and raising of standards in the education markets will continue. However, there is relatively little reliable knowledge of how job requirements concerning the population as a whole will evolve and whether a policy of continued growth is applicable even in the expanded EC labour markets. The beginning of the article is devoted to an examination of the relationships between the labour markets and the education markets. Then the author goes on to deal with the subject of future demand for highly trained labour in the light of qualification courses and certain prognoses. Finally, the author lists the trends evident in EC's educational policy and assesses it for realism.