The document presents key findings on the state of education and labor markets in 2009, highlighting the challenges faced by younger graduates competing with experienced workers, and worsening job prospects for those with lower qualifications. It notes significant disparities in educational attainment and participation, driven by economic factors, and underscores the importance of public funding in improving educational outcomes and labor market participation. Additionally, it details variations in educational expenditure across OECD countries and the impact of such investments on educational quality and teacher remuneration.