EuropesunevenGood news. Employment in the European Union (EU) is forecast to pass its 2008 pre-crisis level in 2020 and, according to Cedefop’s skills supply and demand forecasts (Box), will continue to rise up to 2025 (Figure 1). Meanwhile, the EU’s workforce is forecast to become a little smaller and older, but better qualified, with the younger generation being the most highly qualified in Europe’s history.

Skills supply and demand over the next decade seem strongly influenced by future economic (GDP) growth rates, effects of the economic crisis that began in 2008 and demographic change. Variations are sometimes considerable between Member States. Consequently, there are major differences in forecast levels of job growth across countries, between sectors and in the occupation skills required.
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