The failure of education systems around the world to establish and exploit the crucial link between education and the labor market is examined. Suggestions are made for closing the gap by educational enhancement, redirection, balancing costs, and promoting school-industry links. (MSE)

The relationship between education and the labor market, with a focus on the technical side and on the economic connection, is investigated. A potential role of educational planning for smoothing out market imperfections and thus preventing the emergence of social problems relating to the education-work relationship is discussed. (MLW)