The bar chart illustrates employment rates of two distinct age groups (25-34 and 55-64) categorized by their highest educational attainment in 2005 and 2015.
Overall, it is clear that the younger adults maintained significantly higher employment rates than the older demographic across all education levels. It is also noticeable that while employment mostly declined for the younger adults over the decade, the older group experienced consistent upward trends.
To begin with the younger workforce, the percentage of employed adults with Post-secondary non-tertiary education was 86% in 2005, which increased to 88% by 2015. Furthermore, the proportion with Upper secondary education decreased from 78% to 72% between 2005 and 2015. Moreover, in 2005, the rate for Tertiary educated young adults stood at 84%, and it decreased to 83% over the decade.
In contrast, the older demographic showed steady growth. The employment rate for those with Below upper secondary education increased by 8%, rising from 40% to 48% during the years 2005 and 2015. Additionally, there was an increase for the Tertiary older group from 60% to 64% over the period of 10 years. Finally, an increasing trend was followed by the Upper secondary older adults, reaching 56% from 54% in the initial year.