Inhalt der Seite
Employment and Labour Market Scenarios
Client/Funding Institution
European Trade Union Institute (ETUI)
Abstract
The European economy is challenged by several ongoing transitions, such as the greening of the economy, the unfolding digital and technological transformations, including robots or artificial intelligence, as well as major demographic changes. In addition, there are further challenges which Europe will face over the short and medium run, ranging from increasing uncertainty with regards to political and financial priorities of the EU, macro-economic uncertainties (inflation, policy interest rates, productivity) to global political challenges and geopolitical risks and, not least, looming labour and skills shortages. Against this background, the study will develop various employment and labour market scenarios for the EU. These will specifically take account of employment changes in sectoral (NACE rev.2, level 1) employment and labour force groups, as well as the labour supply side (working-age population, participation rates and resulting labour supply) by age, gender and potentially other labour market categories and identify potentially arising imbalances and labour shortages by occupational categories. The authors will follow and extend the methodology developed by Jestl and Stehrer (2021) and calculate the scenarios for all EU27 member states for the short- and short-to-medium-term up to 2026.
Duration
July 2024 - August 2024
wiiw team Leader
wiiw Staff
Nadya Heger, Stella Sophie Zilian
Countries covered: EU
Research Areas: Labour, Migration and Income Distribution