Transcript

The workforce evolution in Europe

WORKFORCE EVOLUTION FINANCIAL AND THE With unemployment hovering around 9% and the economic recovery remaining sluggish, Europe's occupational structure is evolving rapidly to meet the rising demand for skilled workers. What will the future workforce look like? BUSINESS SERVICES sector is leading the recovery - expecting to generate about RETIREMENT AGE is increasing and losses in HIGHLY- 6 MILLION QUALIFIED JOBS will increase from superannuation means older workers are new jobs by 2020. Most projected increases are expected for HIGH-SKILLED, NON-MANUAL OCCUPATIONS, such as management, professional and associate professional jobs – more than 29% in 2010 to 35% staying in the workforce There are some concerns about in 2020. whether future job opportunities will match the qualifications - and expectations – of 8.5 MILLION longer. The age bracket 45-64 YOUNGER PEOPLE. in total between 2010 and 2020. Research suggests significant is the only SCARRING EFFECTS sector to increase by 2020. of initial negative labor market experiences, including permanently lower employment probabilities and large earning losses. CONSTRUCTION EMPLOYMENT continues to decrease. PRIMARY AND MANUFACTURING GROWTH OF HIGH industries are QUALIFICATION JOBS projected to LOSE 35.2% around 2.5 million 29.4% jobs by 2020. KELLY.

The workforce evolution in Europe

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This info graph is about the Workforce Evolution in Europe and how the talent shortage will impact single industries and job groups.

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KellyOCG

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Economy
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