European Skills Shortages

Wherever you are in the world there will be skills shortages and it does not necessarily follow that these fall at times of high unemployment.

Skill Shortages in Europe

Economies in Europe are struggling, yet the demand for highly qualified people is projected to rise by almost 16m by 2020. If Europe is to compete with emerging economies, high skill levels are essential. Europe also needs to harness the power of apprenticeships, which are proving successful in Germany.

Coupled with this is the “talent drain” where a proportion of the the very best people opt out of their home country and ply their trade or profession elsewhere leading to a downward spiral of available talent. We are seeing this in Southern Europe and Ireland at present.

Globally, skilled trades such as electricians and plumbers, along with engineers, teachers, healthcare professionals and chefs , tend to be in shortest supply.

Without the right skills, Europe will struggle to recover and compete with emerging nations. More directly, the financial cost of failed recruitment is substantial.

The key to improving skills is to ensure employers are engaged and can source training to meet their business needs. In Europe skill based systems are becoming more responsive to employers, giving greater responsibility to them for developing the skills needed for growth. In many cases, this means providing a framework and funding for businesses to use as they need. It is also important that industries throughout Europe embrace apprenticeships. Nearly two-thirds of young Germans enter such courses when they leave full-time education with many going on to full-time roles.

Skills are high on the agenda of many European governments but are they cutting to the chase and delivering what industry wants. Technology can deliver training so that people and nations can keep their skills up-to-date. Technology also is transforming the job seeking and vacancy matching process in the same way that learning is being transformed but as stated in this article it needs pound for pound effort from all involved.

Remember that without employers there are no jobs so job seekers need to think what they can do for a business rather than what the business can do for them. Employers need to plan well ahead as European recruitment is likely to get tougher due to competition


map

Why is
European Labour in
High Demand?

Searching for a new Job?