Skill deficits do not cause unemployment; Europe’s most talented workforce is being wasted

Unemployment in many European Union (EU) countries is alarmingly high. Yet, surveys still find that firms have problems filling vacancies. Manpower’s 2013 talent shortage survey found on average more than 25% of firms across 17 Member States reported recruitment difficulties. Many argue that this is because young graduates and other workers are ill-prepared and the lack of the right skills is responsible for Europe’s high rates of unemployment.

Manpower Group: 2013 Talent Shortage Survey. Research Results http://www.manpowergroup.co.uk/media/109499/2013_talent_shortage_survey_results_a4_lo_0510.pdf

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