21 May 2012 - OECD launches Skills Strategy to boost jobs and growth
- Boosting investment in education, skills and training now is the key to strong, sustainable and shared growth in the future, according to the OECD Skills Strategy.
This major new initiative aims to help governments build economic resilience, boost employment and reinforce social cohesion.
The Skills Strategy, to be discussed by Ministers at the OECD Ministerial Meeting in Paris this week, acknowledges that with public finances under pressure, governments have tough budgetary decisions to make.
But spending on education and skills is an investment for the future and must be a priority.
It’s good news for business school graduates in America and Asia as more recruiters are hiring MBAs this year and the number of graduates that individual companies are hiring is also on the increase.
According to the latest survey from the Graduate Management Admissions Council, which administers the GMAT test, 79 per cent of companies that took part in its 2012 corporate recruiter survey said that they plan to hire recent MBA graduates this year, compared with 72 per cent in 2011. The average number of new hires also looks set to increase this year from 13 to 17 on average.
On average, companies in the Asia-Pacific region and the United States expect continued growth in hiring in 2012 for all management graduates, but in Europe it is a different story. European companies project that 2012 hiring levels will be similar to those in 2011...