Human capital is the sum of the economically usable skills, knowledge, competencies and also the behaviour and health status of the working population of an economy. The term expresses the fact that it is first and foremost education that really enables an individual to become economically productive, just as, in the same way, cultivation is necessary for the soil to be productive. In the literature, the terms human capital and human resources are sometimes used interchangeably.
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10. April 2024 | International Labour Markets
“The Research Data Centre provides a good example for other data areas”
The FDZ is now celebrating an anniversary: for twenty years, the Research Data Centre (FDZ) of the German Federal Employment Agency (BA) at the Institute for Employment Research (IAB) has provided ...read more
The 8th of March marks the annual International Women’s Day. Wages are an important factor in driving gender parity. In a video interview Professor Alan Manning talks about the gender pay gap ...read more
21. February 2024 | Education and the Labour Market
Adult lifelong learning: Cross-country comparison with a focus on Germany
In the modern and highly digitalised world constant updating one’s qualifications seems inevitable. Thus the importance of lifelong education has been increasing. Despite this global trend, ...read more