Degrees play an important role in developing countries.
A new United Nations report released on December 16 affirms that a university degree is a prerequisite for millions of young people in the developing world to find stable, well-paid jobs.
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| Photo illustration: qatar-news.northwestern.edu |
A VNA correspondent at the United Nations cited a report by the International Labor Organization (ILO) surveying 28 countries worldwide, showing that young people with higher education levels can be guaranteed stable jobs and relatively good incomes in developing countries.
Explaining in a press release, ILO Director of Employment Policy Azita Berar Awad said the report affirmed the role of education in shaping the labor market for young people. The report also emphasized the need for greater investment in quality education, from primary to tertiary levels.
The report notes that 83% of young people with post-secondary education are in decent employment in 27 low- to middle-income countries. Completing secondary education alone is not enough to ensure employment for young people in low-income countries, the document says.
The report also highlights a long-standing problem: the mismatch between the skill levels of job seekers and the demands of jobs in the labor market.
Young workers in low-income economies are often poorly educated and have little choice but to accept precarious work. This disparity is largely due to poverty, as many young people are unable to attend school due to their inability to pay fees or must work to support their families.
According to Vietnam+
