An expert report is demanding urgent action to address chronic skills shortages in Europe's labour market, as unemployment in the euro zone hits 10%. One in three Europeans of working age has few or no formal qualifications, making them 40% less likely to be employed than those with medium-level qualifications, according to figures compiled by an expert group. Nearly a third of Europe's population aged 25-64 have no, or only low, formal qualifications and only one quarter have high-level qualifications, according to the 'New Skills for New Jobs' report. The document, written by an independent panel established by the European Commission, was published yesterday (4 February)and is expected to feed into a new skills strategy due to be launched by the EU executive later this year. Workers who are trained do not always have the right skills that employers are looking for, thus creating mismatches in the labour market.
One in three Europeans of working age has few or no formal qualifications, making them 40% less likely to be employed than those with medium-level qualifications, according to figures compiled by an expert group.
Nearly a third of Europe's population aged 25-64 have no, or only low, formal qualifications and only one quarter have high-level qualifications, according to the 'New Skills for New Jobs' report.
The document, written by an independent panel established by the European Commission, was published yesterday (4 February)and is expected to feed into a new skills strategy due to be launched by the EU executive later this year.
Workers who are trained do not always have the right skills that employers are looking for, thus creating mismatches in the labour market.
Might this be because business haven't been doing any on-the-job training for the better part of the last 30 years? En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
Better to externalise training and then complain that people are not trained in your proprietary super/secret in-house procedures so there is a "skills deficit". En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
Unemployment in the EU 27 has hit 9.6%, but skilled workers are significantly less likely to be out of work. Figures released with the report also show that companies that train their staff are 2.5 times less likely to go out of business compared to firms that do not.However, experts warned the growth in temporary and contract working arrangements could make employers less likely to invest in upgrading skills.
Unemployment in the EU 27 has hit 9.6%, but skilled workers are significantly less likely to be out of work. Figures released with the report also show that companies that train their staff are 2.5 times less likely to go out of business compared to firms that do not.
However, experts warned the growth in temporary and contract working arrangements could make employers less likely to invest in upgrading skills.
We need to do something on training and skills.
Finland has not been immune from this short-term thinking, in spite of free education and relatively high social status for teachers. Education is also free for kids who come to study in Finland, but there is now talk of making these visitors fee-paying. Idiots.
Long term planning with a wider vision would know that Finland, like many other parts of Europe, is facing an aging population and thus a diminishing workforce. You can't be me, I'm taken
