People with university degrees have suffered far fewer job losses during the global economic crisis than those who left school without qualifications. A positive association between disposable income and the share of labour force with tertiary education attainments is shown in OECD regions.
Regions in OECD Member Countries have been classified according to two territorial levels (TL). The higher level (Territorial Level 2) consists of about 363 larger regions while the lower level (Territorial Level 3) is composed of 1 802 smaller regions. This classification - which, for European countries, is largely consistent with the Eurostat classification - facilitates greater comparability of regions at the same territorial level. The differences with the Eurostat NUTS classification concern Belgium, Greece and the Netherlands where the NUTS 2 level correspond to the OECD TL3 and Germany where the NUTS1 corresponds to the OECD TL2 and the OECD TL3 corresponds to 97 spatial planning regions (Groups of Kreise). For the United Kingdom the Eurostat NUTS1 corresponds to the OECD TL2.
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