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Higher education continues to be well rewarded in Hungary, OECD report finds

Higher education continues to be well rewarded in Hungary, OECD report finds

Hungary continues to offer one of the highest returns on investing in education among OECD member states, the state secretary for education said citing the OECD’s Education at a Glance 2017 report on Tuesday.

According to the report, Hungary has one of the highest employment rates among adults with higher-education qualification in the fields of natural sciences and IT, László Palkovics told a press conference.

At 2.5 percent, Hungary has the lowest unemployment rate in the OECD among young adults with higher education qualifications, he said.

Employment among 25-34-year-olds with upper secondary or post-secondary non-tertiary education has also improved compared with the OECD average, Palkovics noted.

Employment among 25-64-year-olds holding teacher degrees falls slightly short of the OECD average at 82 percent, the state secretary said.

As we wrote on Saturday, the Semmelweis University improved its previous ranking and made it into the top 500 universities of the world on the London-based Times Higher Education’s (THE) latest list.

Also we published an interesting article about crisis of Hungarian labour market. There is a severe lack of novice skilled labor, as it was revealed by the report of Profession.hu. The multiple years of experience is not necessarily a criterion anymore.  More than 34,700 new job advertisements were submitted during the last three months. This data exceeds last year’s second quarter by 11 percent.

Photo: kolozsvaros.ro

Source: MTI

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