In September, the Organisation for Economic Co-operation and Development (OECD) published the latest edition of "Education at a Glance". This report, which assesses the education and training systems in OECD countries on the basis of several indicators, places Luxembourg first for gender wage equality and in the leading group for the share of 25 to 34-year-olds with a tertiary degree.
Increasing numbers of graduates
Luxembourg performs very well in this report, especially when it comes to the percentage of graduates among 25 to 34-year-olds. The report indicates that in 2016, 51% of Luxembourgers in this age bracket had completed at least one tertiary degree, placing Luxembourg fourth among the OECD countries, behind just Korea (70%), Canada (61%) and the United Kingdom (52%).
On average, the share of 25 to 64-year-olds with a tertiary degree has risen by 14 percentage points in OECD countries since 2000, from 22% to 36% in 2016. This increase is even more marked among young people (aged 25 to 34): in Luxembourg, the share of tertiary graduates in this age group rose from 23% in 2000 to 51% in 2016.
This development has a positive impact on unemployment statistics in Luxembourg: holding a tertiary degree offers a clear advantage in the employment market. The report also notes that 86% of tertiary graduates are in employment, compared with just 71% of secondary graduates.
Gender equality under scrutiny
The area in which Luxembourg particularly stands out is gender equality. According to the report, the difference in earnings is one of the lowest of all the OECD countries, even if it has not yet reached parity. The report analysed 35 to 44-year-olds with a tertiary degree to establish the average difference in earnings between men and women. On average in Luxembourg, the salaries of women are 90% those of their male counterparts – significantly higher than the OECD average, which stands at 76%.
"Education at a Glance" is an annual report containing a wealth of relevant information on the state of secondary and tertiary education. It is drawn up on the basis of data provided by governments in the OECD countries, in cooperation with experts and institutions working together on the OECD Indicators of Education Systems (INES) programme and the OECD Secretariat.
(Article written by the editorial team of the luxembourg.lu portal)