EDUCATION VS. ECONOMICALLY ACTIVE AND INACTIVE INDIVIDUALS ON THE LABOR MARKET IN EUROPEAN COUNTRIES

Abstract

In recent years, education has become a key factor and determinant of labor market situation. The education system should therefore be correlated with labor market needs reported by employers. The main task the universities are facing with is the ability to combine theoretical knowledge with practical knowledge through joint implementation of research projects and grants implementation, increasing the level of human capital of a society.

Keywords

• education
• labor market
• business
• employment
• the knowledge economy