From the OP article:
" 'A person can be overeducated if they possess more education than required for the job,' the ONS says. But it also uses the term to mean when a worker's skills and knowledge are not being used. 'It can also be seen as a form of underemployment, hence contributing to the extent of labour market slack,' the national stats gatherer says."
First of all, when is anyone's complete knowledge-set used for their job? Probably never.
Second, education is not just for getting a job. Liberal arts educations are valuable regardless.
Third, people seem to have a blind spot for overpopulation. There are more people competing for the same jobs, including worldwide. That means people will likely need to have more education just to land a job, regardless of whether the job uses that education.
Fourth, trends toward automation are making people's education obsolete almost as fast as they can learn new skills.
Fifth, people get more than enough education exactly because of the future uncertainties related to rapid change. They want to be prepared as much as possible.
" 'A person can be overeducated if they possess more education than required for the job,' the ONS says. But it also uses the term to mean when a worker's skills and knowledge are not being used. 'It can also be seen as a form of underemployment, hence contributing to the extent of labour market slack,' the national stats gatherer says."
First of all, when is anyone's complete knowledge-set used for their job? Probably never.
Second, education is not just for getting a job. Liberal arts educations are valuable regardless.
Third, people seem to have a blind spot for overpopulation. There are more people competing for the same jobs, including worldwide. That means people will likely need to have more education just to land a job, regardless of whether the job uses that education.
Fourth, trends toward automation are making people's education obsolete almost as fast as they can learn new skills.
Fifth, people get more than enough education exactly because of the future uncertainties related to rapid change. They want to be prepared as much as possible.
