According to a study by the American NCEE (National Center on Education and the Economy), the Swiss vocational training system is regarded as the gold standard. The Swiss vocational training system offers not only apprenticeships throughout all sectors of the economy, but also attracts young persons with strong educational track records. Thanks to well calibrated cooperation between affiliated partners, young professionals are provided with training and are highly sought after on the labour market due to their high qualifications. The report is based on a study carried out during a visit by an American delegation, organised by ETH Zurich's KOF Swiss Economic Institute in June 2014.
As a measure of international success, the report mentions Switzerland’s very low unemployment rate by international comparison, its excellent global innovation, and its very high average per capital income. The special characteristics of Swiss vocational training, which differs significantly from the training system in the United States, include the following features:
The special feature of the Swiss vocational training system as compared to other countries lies, according to the authors, in the role played by the training firm: it draws significant benefits from its investment in young professionals, which is in part responsible for the long-term economic success of the country.