Demand and supply of labour by education in Norway towards 2030

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Employment by level of education 2
Driving forces behind the development • Corresponding development in all Western countries – Increased employment of high skilled – Reduced employment of low skilled • A major part of the development may be explained by technological change – Technology has replaced low skilled, and high skilled are needed to operate technology • Stronger demand for services because of higher incomes • International trade has caused low skilled to be replaced by import of cheaper products from developing countries • In Norway increased demand for high skilled has been met by strong growth in supply – Has contributed to a balanced labour market and small differences in relative wages 3
Page 1: 1 Demand and supply of labour by ed
Page 5 and 6: A system of projection models in St
Page 7 and 8: Classification by education • Cho
Page 9 and 10: The macroeconomic model MODAG • D
Page 11 and 12: Employment by sector • An ageing
Page 13 and 14: Educations at upper secondary schoo
Page 15 and 16: Tertiary level higher degree 15
Page 17 and 18: Projecting supply of labour by educ
Page 19 and 20: Comparing projections with fixed ed
Page 21: Concluding remarks • Projections

Demand and supply of labour by education in Norway towards 2030

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