Luxembourg's skills snapshot
Developing the relevant skills
- How well does Luxembourg’s education system perform? In the 2009 PISA tests of 15-year-olds, Luxembourg performs below the OECD average in reading (rank 38), mathematics (rank 30) and science (rank 38).1
- Is there scope to improve skill utilisation in Luxembourg through strengtheninglabour force participation? In 2011, 86% of people aged between 25 and 54 were in the labour force, compared to an OECD average of 81%.2 The participation rate for prime-age women (aged 25-54) is above the OECD average at 77% in 2011 (OECD average 71%).3
- To what extent are Luxembourg’s older workers supplying their skills to the labour market? In 2011, only 40.4% of people aged 55 to 64 were in the labour force, compared to an OECD average of 57.5%.4
- How smooth is the transition from school to work for Luxembourg’s youth? The employment rate of Luxembourg’s youth in 2011 was 20.7%, compared with the OECD average of 39.3%.5 In 2011, the unemployment rate of Luxembourg’s youth was 16.9%, just above the OECD average of 16.2%.6
- Are the qualifications of Luxembourg’s workers well matched with the requirements of their jobs? In 2005, 32% of Luxembourg’s workers were over-qualified for their jobs (against theOECD average of 25%), and 23% were under-qualified (against the OECD average of 22%).7 Over-qualified (under-qualified) workers are those who have a higher (lower) qualification than the most common qualification of all other workers in the same occupation.
Key recommendations from the OECD Skills Strategy
A country can develop the relevant skills by encouraging and enabling people to learn throughout life; fostering international mobility of skilled people to fill skills gaps; and promoting cross-border skills policies.
A country can activate the supply of skills by encouraging people to offer their skills to the labour market and retaining skilled people in the labour market.
A country can put skills to effective use by creating a better match between people’s skills and the requirements of their job and increasing the demand for high-level skills.
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