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Costs, benefits and financing of vocational education and training

As with all other education courses, vocational education and training also incurs costs. These are borne jointly by businesses, individuals and the state. In the medium to long-term, all three parties should benefit from vocational education and training. The economy benefits from qualified specialists, young people benefit from higher salaries and reduced risk of unemployment and the state benefits, for example, from higher tax revenues and reduced spending in the social insurance system.

Costs, benefits and financing of vocational education and training
Training in Germany as investment to counter the skilled worker shortage
Thursday, September 10, 2020

Training in Germany as investment to counter the skilled worker shortage

The German economy suffers from a lack of skilled workers in the labour market. Two of the most important options to cover the skill demand of firms are apprenticeship training and the recruitment of already trained workers from the external labour market. The study examines both options.

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BIBB Conference: Economics of Vocational Education and Training
Wednesday, September 25, 2019

BIBB Conference: Economics of Vocational Education and Training

The BIBB hosts its second conference on the economics of vocational education and training on November 7th and 8th 2019 in Siegburg. The conference will bring together researchers from all related fields to discuss the most recent empirical and theoretical results on this subject.

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