Impact of Education on Labour Force Productivity
- 1. Research Scholar, PGTD Economics RTMNU, Nagpur
- 2. Professor & Head, Shri Niketan Arts, Commerce College Nagpur
Description
Education is widely recognized as a crucial determinant of labour force productivity and overall economic growth. This study examines the relationship between education and labour productivity using the framework of human capital theory. Based on secondary data and existing empirical literature, the paper analyzes how education enhances skills, efficiency, innovation, and adaptability among workers. The findings indicate that higher levels of education significantly improve labour productivity; however, factors such as skill mismatch, quality of education, and labour market conditions influence the extent of this impact. The study concludes with policy recommendations aimed at strengthening education systems and aligning them with labour market demands.