The educational level of the labour force is improving worldwide but access to a higher education is not leading to lower unemployment at the global level.
According to the latest edition of the KILM, which is part of the broader ILO statistical database (ILOSTAT ), all but two of 64 countries with available data have registered an increase in the share of the labour force with a tertiary education over the past 15 years. The biggest increases were seen in Canada, Luxembourg and Russia.
However, this does not mean that workers with tertiary-level education automatically have a better chance of finding a job. While they are less likely to be unemployed in most high-income economies, tertiary graduates in low- and lower-middle-income economies are actually more likely to be among the unemployed than workers with lower educational levels.
For more information access: http://www.ilo.org/global/statistics-and-databases/research-and-databases/kilm/lang–en/index.htm