1. Training and Higher Education indicators are important labour market statistics, continuing education and training expand the knowledge and skills of the labour force, helps raise productivity and enhances lifelong employability of workers.
2. Investment in human capital through training is also strategic in helping firms raise productivity and competitiveness.
The indicators seek to measure the participation of the labour force in training and workers’ perception of the training outcomes. Statistics on training provided by employers, the cost incurred and employers’ perception of the training outcomes are also available, along with statistics on the number of graduates from institutions of higher learning.