Cedefop’s latest skill supply and demand forecasts highlight Europe’s employment challenge

Employment in the EU is projected to grow by about 2% over the period 2013-2020 but the (EU’s) target of 75% of people aged 20 to 64 being in a job by 2020 looks beyond reach.
This is the result of the crisis, followed by a modest recovery and average GDP growth rate in the EU of 2.0% a year. But there are big differences in the forecasts for employment growth in the different Member States. In Luxembourg, employment should grow by just over 1% a year between now and 2020. In contrast, in Germany, employment is expected to fall by 0.2% a year.
These data come from the baseline scenario of Cedefop’s latest skill supply and demand forecasts, which are now available online...
The forecast data point to the overall share of the labour force with no or low level qualifications as falling from 22% in 2013 to 16.8% in 2020. This indicates that the share of young people leaving school with low or no qualifications will fall.
2014 Cedefop’s skill forecast data are available on its website at: http://www.cedefop.europa.eu/EN/about-cedefop/projects/forecasting-skill-demand-and-supply/skills-forecasts.aspx
And the EU Skills Panorama at: http://euskillspanorama.cedefop.europa.eu/. More...