eBook, ePUB

EIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe (eBook, ePUB)

A review of the literature

Redaktion: European Investment Bank
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Labour markets are undergoing structural transformation due to globalisation, demographic trends, advancing digital technologies and automation and changes in labour market institutions. Against this background, businesses increasingly report that the limited availability of skills poses an impediment to corporate investment. Genuine skill constraints can negatively affect labour productivity and hamper the ability to innovate and adopt technological developments. For individual Europeans, not having "the right skills" limits employability prospects and access to quality jobs. For Europe at la...

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