http://t1.gstatic.com/images?q=tbn:ANd9GcSZZe22GTTQ20BJpVUZirGINg2eVVmwhjCWqUWqHsw5MRSfwe_zrhbol9kKnowledge and skills have a huge impact on life chances, particularly in countries that are shifting towards a knowledge-based economy. Just in terms of income, the average hourly wage of workers with advanced literacy and cognitive skills is 60% higher than workers with low-level literacy skills. A recently released study by the OECD Programme for the International Assessment of Adult Competencies shows how adults acquire, maintain, and lose skills over a lifetime.
The OECD Survey of Adult Skills (PIAAC) surveyed about 166 000 adults in 24 countries and sub-national regions on literacy, numeracy, and problem-solving in technology rich environments. More...