The official authority revealed that more young Portuguese people are pursuing their academic career, with the figure reaching 44 per cent in 2021.
More specifically, 44 percent of Portugal’s resident population aged 30-34 have a higher education degree – exceeding the 4 percent target set by the Europe 2020 Strategy, TheSchengen.com reports.
The Europe 2020 strategy is a plan approved by the European Commission and aims to increase relevance, inclusiveness and growth across all of the 27-nation bloc. Concretely, the goals that all member states should have achieved by 2020 included a requirement that at least 40 percent of the younger generation had a university degree, among the 75 percent of the population employed.
The rates of the population aged 30-34 with graduate degrees are up to 44 percent in 2021, an increase of 4 percent compared to 2020 and 20 percent since 2010. In addition, the unemployment rate for graduates in Portugal has fallen. to its lowest value of 5.3 percent.
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More specifically, the Portuguese Statistics Office (INE) data shows that the school enrollment rate was 42 percent in the last quarter of 2021, which corresponds to an average annual education rate of 44 percent for 2021. Additionally, the figure shows growth 12 percentage points compared to 2015 and 20 percentage points compared to 2010.
Moreover, National Institute of Statistics data shows that the country’s highly educated working population jumped 13 percent between 2020 and 2021 — counting an additional 200,000 graduates, increasing the number of highly educated workers from 1.45 to 1.65 million.
Overall, the tertiary education rate of the working population in Portugal increased to 34 percent, which is nine percentage points compared to 2015. Moreover, it shows an increase of 520,000 graduates employed between 2015 and 2021. According to unemployment rates, the The current rate is 5.3 percent lower than the national average of 6.6 percent.
Furthermore, the publication shows that the Lisbon metropolitan area has the highest rates of educated and employed population in the last quarter of 2021. More specifically, Lison tops the list with 44 percent of the graduate working population residing there, followed by the center region (32 percent ), the Northern and Algarve Region (31 percent), the Autonomous Region of Madeira (27 percent), the Alentejo (26 percent) and the Autonomous Region of the Azores (22 percent).
In addition, data for the northern region reveal an increase of ten percentage points followed by the Algarve by nine percentage points compared to the corresponding time in 2015.