As a first example, the survey findings highlight the important correlation between postsecondary education and labor market outcomes. The survey data indicate that higher levels of educational attainment are associated with higher earnings, greater job satisfaction, and increased optimism about one’s job future. P-TECH focuses on providing students with postsecondary credentials, helping to address one of the survey’s main concerns.
The Maastricht Treaty makes it clear that, while the primary objective of monetary policy is price stability, the Eurosystem should, without prejudice to this objective, also take into account the broader economic goals of the European Community. Sometimes it is overlooked that monetary policy operates in tandem with other policies and there are strong complementarities between them.