Labour market demand for highly skilled workers has grown rapidly as advanced economies have become increasingly knowledge-based. Given the importance of human resources for innovation, university graduates enjoy better work prospects, a higher wage premium and have more training opportunities than less educated workers (OECD, 2013a; OECD, 2014, forthcoming). They are less likely to remain unemployed, especially for a long time. They have suffered less from the global crisis (OECD, 2012a) and, unlike other categories of workers, employment for professionals and technicians, i.e. higher-skilled non-managerial occupations, showed signs of recovery between 2011 and 2012 (OECD, 2013a). Higher education is thus a factor in employability and lifelong learning.