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Is it the scrap heap for unskilled workers throughout Europe?

An expert report is demanding urgent action to address chronic skills shortages in Europe’s labour market, as unemployment in the euro zone hits 10%.

 Business leaders have warned that Europe is facing a skills mismatch, with millions of jobs going unfilled because workers do not have the right skills to meet the needs of modern enterprises.
The ‘New Skills for New Jobs’ initiative was launched at EU level in December 2008 to build stronger bridges between the world of education and the world of work.
In spring 2009, the European Commission appointed a group of experts on training, skills and employment from around the EU to provide independent advice on the further development of the initiative in the context of the ‘EU 2020’ strategy.
One in three Europeans of working age has few or no formal qualifications, making them 40% less likely to be employed than those with medium-level qualifications, according to figures compiled by an expert group.
Nearly a third of Europe’s population aged 25-64 have no, or only low, formal qualifications and only one quarter have high-level qualifications, according to the ‘New Skills for New Jobs’ report.
The document, written by an independent panel established by the European Commission, was published in February and is expected to feed into a new skills strategy due to be launched by the EU executive later this year.
Workers who are trained do not always have the right skills that employers are looking for, thus creating mismatches in the labour market.
Unemployment in the EU 27 has hit 10%, but skilled workers are significantly less likely to be out of work. Figures released with the report also show that companies that train their staff are 2.5 times less likely to go out of business compared to firms that do not.
However, experts warned the growth in temporary and contract working arrangements could make employers less likely to invest in upgrading skills.
Author – Chris Slay Skills Provision will allow our articles/quotes to be reproduced on other formats as long as full accreditation is given.