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OECD Projections on graduates to 2020

 “How is the global talent pool changing? The global talent pool has grown rapidly over the past decade... In 2000, there were 51 million 25-34 year-olds with higher education (tertiary) degrees in OECD countries, and 39 million in non-OECD G20 countries. Over the past decade, however, this gap has nearly closed, in large part because of the remarkable expansion of higher education in this latter group of countries. For example, in 2010 there were an estimated 66 million 25-34 year-olds with a tertiary degree in OECD countries, compared to 64 million in non-OECD G20 countries. If this trend continues, the number of 25-34 year-olds from Argentina, Brazil, China, India, Indonesia, the Russian Federation, Saudi Arabia and South Africa with a higher education degree will be almost 40% higher than the number from all OECD countries by the year 2020. The expansion of higher education in rapidly-developing G20 nations has reduced the share of tertiary graduates from Europe, Japan and the United States in the global talent pool. If current trends continue, China and India will account for 40% of all young people with a tertiary education in G20 and OECD countries by the year 2020, while the United States and European Union countries will account for just over a quarter. The strong demand for employees in “knowledge economy” fields suggests that the global labour market can continue to absorb the increased supply of highly-educated individuals.” Read the report at http://www.oecd.org/dataoecd/62/53/50495363.pdf

Print posted @ Tuesday, August 07, 2012 10:28 AM

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