European Skills and Job Survey7 March 2018
A report published by Cedefop European centre for development and vocational training has highlighted the growing issue of sills mismatch within EU countries in the context of increased automation and technological developments. The report states that approximately 48 per cent of opportunities will require individuals with third level qualifications and that 85 per cent available employment roles will require at a minimum basic digital skills.
Interestingly the report found that while increasing the number of graduates from third level was welcome equally as important is the need for high quality labour market work based vocational training programmes such as apprenticeships and traineeships. The survey has also highlighted that for many individuals, typically younger overqualified workers, skill mismatch can be an outcome of their own poor career choices: they are ill-informed about job prospects with the best returns on their human capital investment. The report can be read in full by clicking here