The benefits of vocational education and training

This European research review of the benefits of vocational education and training (VET) is released at a time when Europe is taking stock of the progress achieved in the Lisbon process and has launched a new strategy for growth and swift recovery from the economic crisis. Investment in human resources by education, training and other forms of learning is essential to achieving smart,sustainable and inclusive growth. VET will continue to play an important role in the shift towards more knowledge-intensive societies. Around half of all jobs in 2020 will require a medium-level qualification, which will often be achieved by some form of VET.