<abstract xmlns="http://www.w3.org/1999/xhtml">

<sec><h3>Background</h3>
<p>As the world rapidly evolves, digitalisation continues, and artificial intelligence is used, it is crucial to understand how education systems are preparing future generations to succeed in this very dynamic environment where there is a tremendous demand for skilled workers.</p>
</sec>
<sec><h3>Objectives</h3>
<p>This paper analyses similarities and differences between European Union Member States regarding the educational attainment of young adults and their performance in the labour market.</p>
</sec>
<sec><h3>Methods/Approach</h3>
<p>Ward’s cluster method in hierarchical cluster analysis for output and outcome indicators of young adult education systems is used for two selected years: 2012 and 2021.</p>
</sec>
<sec><h3>Results</h3>
<p>Belgium, Cyprus, Denmark, France, Ireland, Latvia, Lithuania, Luxembourg, and the Netherlands have the highest average percentage of young adults with tertiary education in 2021. On the other hand, Belgium, Bulgaria, Hungary, Ireland, Lithuania, Malta, Poland, and Romania have the highest average employment and income benefits of tertiary education for young adults.</p>
</sec>
<sec><h3>Conclusions</h3>
<p>The average share of 25-to 34-year-olds with tertiary education increased significantly in the EU-27 between 2012 and 2021, partly due to higher demand for skilled workers in labour markets. Higher levels of education are generally associated with better employment opportunities and higher wages. However, there are large differences across EU economies. The results can help governments and education policymakers design future policies and provide insights into cross-country comparisons.</p>
</sec>
</abstract>

Background
As the world rapidly evolves, digitalisation continues, and artificial intelligence is used, it is crucial to understand how education systems are preparing future generations to succeed in this very dynamic environment where there is a tremendous demand for skilled workers.

Objectives
This paper analyses similarities and differences between European Union Member States regarding the educational attainment of young adults and their performance in the labour market.

Methods/Approach
Ward’s cluster method in hierarchical cluster analysis for output and outcome indicators of young adult education systems is used for two selected years: 2012 and 2021.

Results
Belgium, Cyprus, Denmark, France, Ireland, Latvia, Lithuania, Luxembourg, and the Netherlands have the highest average percentage of young adults with tertiary education in 2021. On the other hand, Belgium, Bulgaria, Hungary, Ireland, Lithuania, Malta, Poland, and Romania have the highest average employment and income benefits of tertiary education for young adults.

Conclusions
The average share of 25-to 34-year-olds with tertiary education increased significantly in the EU-27 between 2012 and 2021, partly due to higher demand for skilled workers in labour markets. Higher levels of education are generally associated with better employment opportunities and higher wages. However, there are large differences across EU economies. The results can help governments and education policymakers design future policies and provide insights into cross-country comparisons.

Exploring the Link Between Education Length and Employment Outcomes among Youth in Europe: A Hierarchical Clustering Approach

Business Systems Research Journal

This work is licensed under the Creative Commons Attribution 4.0 International License.

Background
As the world rapidly evolves, digitalisation continues, and artificial intelligence is used, it is crucial to understand how education systems are...

Exploring the Link Between Education Length and Employment Outcomes among Youth in Europe: A Hierarchical Clustering Approach

Data publikacji: 25 kwi 2024

Zakres stron: 190 - 213

Otrzymano: 21 sie 2023

Przyjęty: 26 wrz 2023

DOI: https://doi.org/10.2478/bsrj-2023-0019

Słowa kluczowe
cluster analysis, educational attainment, labour market outcomes, tertiary education, young adults

© 2023 Mira Krpan et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Exploring the Link Between Education Length and Employment Outcomes among Youth in Europe: A Hierarchical Clustering Approach

Data publikacji: 25 kwi 2024

Zakres stron: 190 - 213

Otrzymano: 21 sie 2023

Przyjęty: 26 wrz 2023

DOI: https://doi.org/10.2478/bsrj-2023-0019

Słowa kluczowecluster analysis, educational attainment, labour market outcomes, tertiary education, young adults

© 2023 Mira Krpan et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Słowa kluczowe
cluster analysis, educational attainment, labour market outcomes, tertiary education, young adults