Human capital has often been cited as one of the driving forces of economic growth. Go to

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Human capital has often been cited as one of the driving forces of economic growth. Go to http://ec.europa.eu/eurostat and look up the current unemployment rate. Compare this to the unemployment rates across different levels of educational attainment. What does this data suggest about changes in education requirements for jobs in the EU? Also look at the percentage of people who have completed tertiary education or more in the age band of 25–64 for the years 2003–2014. Compare this data with the unemployment data. What does this information suggest about future productivity and growth for the economy of the European Union?

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Principles Of Macroeconomics

ISBN: 9781292303826

13th Global Edition

Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster

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