Previous Next Greece has among highest rate of overqualified foreign workers

22 January 2019
139 Views

In many developed countries, a considerable share of workers is overqualified for their jobs.

Greece (60.7 percent), Spain (53.6 percent) and Italy (51.7 percent) are notable examples of Southern European countries where the foreign-born population has a far higher overqualification rate than the native-born population where the share is 32 percent, 36.9 percent, and 16.9 percent respectively.

The issue has become increasingly common in recent years, most evident in economies with competitive job markets. While it can, of course, result in positive effects for some organizations such as an employee performing at a higher level, it can also result in higher salary expectations, a lower level of satisfaction and a higher chance of a person leaving their job. The OECD definition of the overqualification rate is the share of the highly educated who are working in a job that is ISCO-classified as low or medium skilled.

Over a third of highly educated immigrants in employment across OECD countries are overqualified for their jobs with the exact rate differing significantly between countries. Excluding Portugal, that share is particularly high across Southern Europe where many highly educated migrants are in low and medium-skilled jobs. That disparity isn’t just defined to Southern Europe as the following infographic shows.

South Korea has the highest share of overqualification among a native-born workforce and even more interestingly, its foreign-born population has an even greater share of overqualification at 74.5 percent. In the U.S. and Mexico, native and foreign-born workers are equally likely to be too skilled for their jobs.

You may be interested

Top 5 Beaches in the Cyclades
GREECE
shares15 views
GREECE
shares15 views

Top 5 Beaches in the Cyclades

Panos - Apr 23, 2019

The Cyclades are filled with beaches ranging from pleasant to amazing, but for those who love lists, here are the…

White House announces end of US sanction waivers for Iran oil imports
FINANCE
shares21 views
FINANCE
shares21 views

White House announces end of US sanction waivers for Iran oil imports

Panos - Apr 23, 2019

The White House says the US is ending exemptions from sanctions for countries that import Iranian oil. In a statement,…

Booking.com: 72% of tourists call for green travel to save the planet for posterity
GREECE
shares15 views
GREECE
shares15 views

Booking.com: 72% of tourists call for green travel to save the planet for posterity

Panos - Apr 23, 2019

As the world gears up to celebrate Earth Day on 22 April, Booking.com has released findings from its annual sustainable…

Leave a Comment

Your email address will not be published.