Σχέση εκπαίδευσης και ανεργίας, χώρες υπό μελέτη: Ισπανία, Πορτογαλία, Γερμανία, Σουηδία και Φινλανδία
Relationship between education and unemployment, countries under study: Spain, Portugal, Germany, Sweden and Finland
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Keywords
Εκπαίδευση ; Δημόσια χρηματοδότηση ; Απασχόληση ; Ανεργία ; Ευρωπαϊκή ΈνωσηAbstract
Unemployment is one of the major socio-economic issues that is encountered in the current era on a global scale. Education of individuals has been proven to be a factor that can assist significantly in the reduction of unemployment. This is because through the educational process the quality of human capital is improved, which in turn brings individuals to a more competitive position in the process of their job search. The role of public funding for education can benefit both the education process itself and its overall benefits in terms of improving human capital, increasing the competitiveness of individuals in the labor market and reducing unemployment. The present study used data from Germany, Spain, Portugal, Sweden and Finland for the period 2001-2018 to examine the relationship between public funding of education as a percentage of GDP and unemployment. The data processing was done using a linear regression model, while the public funding of education was taken into account both in its totality and for each educational level separately. The hypothesis that there is a negative and statistically significant relationship between public funding of education and unemployment is confirmed for only some of the cases. These cases are for Germany (primary education), Portugal (total, primary and tertiary) and Sweden (total, tertiary). In other cases, a positive relationship between the variables appears, while in most cases the relationship is statistically non-significant. This may be due to various external factors, such as the European financial crisis, as well as methodological ones (lack of sufficient volume of data, possible inadequacy of linear regression models etc.). In conclusion, there is evidence of a negative relationship between unemployment and public funding of education, but more research is needed with more data in order to producer clearer results.