Job Market Monitor
Europe
Unemployment in Europe in June – 11.5% for the Euro Area, 10.2% for the EU28 and 5.129 million young persons under 25
The euro area (EA18)* seasonally-adjusted unemployment rate was 11.5% in June 2014, down from 11.6% in May 20144, and from 12.0% in June 2013. This is the lowest rate recorded since September 2012. The EU28 unemployment rate was 10.2% in June 2014, down from 10.3% in May 2014, and from 10.9% in June 2013. This … Continue reading
Coding in EU – Skills shortage of 900,000 coders by 2020
The European Commission (EC) has warned that we face a shortage of 900,000 coders by 2020. The number of computer science graduates is not keeping pace with demand for coding skills, the EC warned this week, as it tries to encourage young people to take up coding over summer. It also said that the number … Continue reading
Merkel – EU’s youth unemployment initiative doesn’t work
During the EU’s Council summit, German Chancellor Angela Merkel admitted during the EUs Council summit that the EU’s Youth Employment Initiative YEI, launched a year ago, has so far been a failure. Asked by journalists during her press conference Friday afternoon 27 June, Merkel said that youth unemployment is “clearly” one of the areas that … Continue reading
Europe – Lower skilled workers face increasing difficulties to find a job
Low-skilled workers encounter increasing difficulties to find a job, face lower job stability and are out-competed by medium-skilled workers even in elementary occupations. In contrast, job opportunities are growing in some high-skilled professions. These are the main findings of the European Vacancy and Recruitment Report 2014 published today. The report also highlights the increase in … Continue reading
Higher Education and Employability in Europe – Using labour market information systematically in policy planning is relatively rare report says
Besides a few exceptions (Bulgaria, Croatia, Portugal and Liechtenstein), labour market forecasting exists at national and/or regional levels in most European countries (14). As Figure 4.2 shows, labour market forecasts are conducted in an ad hoc manner in 10 countries, while there is a regular, established system in 13 countries. In Lithuania, a regular labour … Continue reading
Europe – 40% cant afford a vacation
Taking one week off from work per year is now considered a luxury for European workers.According to data from Eurostat, four out of ten EU citizens dont have the money to take one week off and spend it anywhere else than at home. The data also shows that even in the richer north, a major … Continue reading
Western Europe – The growth of part-time and temporary work will cause a “demographic crisis” says the British Sociological Association
Western Europe faces a demographic crisis caused by the growth of part-time and temporary work, the British Sociological Association. Professor Andranik Tangian said that if current trends continued, by 2030 a “critical” situation would develop, with growing economic inequality and fewer births. At the root of this was the growth of the number of people … Continue reading
Banks in Europe – 80,000 jobs cut in 2013 finds Reuters
Europe’s 30 largest banks by market value cut staff by 80,000 in 2013, calculations by Reuters based on their year-end statements showed. Recruitment consultants warn workers’ hopes for a turnaround this year could be misplaced, bad news for countries like Spain where tens of thousands of bank layoffs have helped drive unemployment to 26 percent. … Continue reading
The first annual “European Jobs and Skills review”
The first annual European Jobs and Skills review takes an in-depth look at trends in employment and unemployment in countries and regions across Europe, tackling the critical issues of underemployment, structural unemployment, productivity and wages, changes in the nature of work, skills supply, labour market gaps and youth unemployment. The world is changing rapidly due … Continue reading
Europe’s Social-Democrats on Jobs – A 10-point plan for change
27 million Europeans are unemployed. The longest recession since the 1930s is slowly giving way to the weakest of recoveries. Inequality is rising, living standards falling. More and more workers are in precarious, insecure jobs. Real wage levels – even in the strongest economies – are lower than a decade ago. Something has gone badly … Continue reading
Youth Unemployment In Europe – A misdiagnosis
The EU underestimated just how big an impact the austerity measures would have on the economies of the member states. Europe’s economy remains relatively closed, which means that countries rely on trade with each other, so when countries all start to tighten fiscal policies at the same time, the impact is multiplied. Not surprisingly the … Continue reading
Getting in Europe – Over 17 million people from third countries around the world submitted visa applications
Last year over 17 million people from third countries around the world submitted visa applications to enter the Schengen area. This is certainly a striking figure, but what is even more striking are the estimations that at least 6.6 million potential travellers did not enter the Schengen area in that same year due to lengthy … Continue reading
Europe – Priorities to tackle youth unemployment
Young people face more difficulties in the labour market, especially if they are low skilled, exposed to long-term unemployment or stuck in the informal economy, where work is low paid and unprotected. In June 2012, representatives of governments and employers’ and workers’ organizations from all over the world met at the International Labour Organization (ILO) … Continue reading
Europe / Non-EU seasonal workers will have equal rights
Foreign seasonal workers in the EU will have the same employment and social rights as their EU counterparts, under new rules adopted by the European Parliament on Wednesday (5 February). Seasonal fruit pickers are among those set to benefit from EU rules voted Wednesday (Photo: Manchester-Monkey) MEPs in Strasbourg signed off on the bloc’s first … Continue reading
Europe / The most effective way of boosting jobs is to get growth going again says IMF
A new book called “Jobs and Growth: Supporting the European Recovery,” authored by IMF staff, analyzes today’s challenges head-on and proposes a roadmap for the continent’s recovery.The book and its roadmap should contribute to the ongoing debate around these pressing issues. The book’s analysis is informed by the relationship between jobs and growth, which is … Continue reading
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