Countries with good youth employment provide their students with a practical education. Germany, for example, “has a long tradition of high-quality vocational education and apprenticeships…”
“Employers [in nine countries] are awash with applications—but complain that they cannot find candidates with the right abilities. … Middle-sized firms (between 50 and 500 workers) have an average of 13 entry-level jobs empty.”
“Many countries are now trying to bridge the gap between education and work by upgrading vocational schools, encouraging standard schools to form closer relations with local companies, and embracing apprenticeships.”
Russell Mead asks “College: What’s the Point?“:
“As nearly half of young American college grads work in jobs that don’t require a bachelor’s degree while struggling to pay off crushing student debt, lawmakers and educators are beginning to ask a critical question: What is college for?
“… as more students graduate without employment prospects, the notion that universities should spend more time on practical training in marketable skills has begun to take hold.”