EU: medium term forecast of skills supply and demand in Europe up to 2020

Modest job creation. The Cedefop’s first observation is clear: by 2020, Europe still won’t have fully recovered from the economic crisis. “Despite indications that world economy is now emerging from recession, it is likely that employment growth in Europe will only gradually recover in the next decade.” According to the report, there are probably around 10 million fewer jobs than would have been expected without the crisis. And, while it anticipates the creation of 7 million jobs by 2020, it warns that 2008 peaks won’t be reached. In this context, analyzing the skills of the European workforce and evolutions in skills needs becomes highly important.
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at world economy is now emerging from recession, it is likely that employment growth in Europe will only gradually recover in the next decade.” According to the report, there are probably around 10 million fewer jobs than would have been expected without the crisis. And, while it anticipates the creation of 7 million jobs by 2020, it warns that 2008 peaks won’t be reached. In this context, analyzing the skills of the European workforce and evolutions in skills needs becomes highly important.

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