Forum. From unemployment struggles to labour market shortages?
Ernst, Ekkehard ; Feist, Lisa ; Feyer, Ciresica ; Handel, Michael J. ; Seghir, Majda
Intereconomics. Review of European Economic Policy
2024
59
3
124-145
labour shortage ; employment ; labour market policy ; EU policy
Labour market
https://doi.org/10.2478/ie-2024-0026
English
Bibliogr.
"After decades marked by struggles to combat high unemployment, today's main challenge is labour market shortages. Since the aftermath of the COVID-19 pandemic and despite the economic slowdown driven by Russia's invasion of Ukraine, EU labour markets have demonstrated remarkable resilience. Employment reached a record high in 2022 and the trend is expected to continue. Most companies, in the EU and beyond, are now struggling to fill vacancies. Labour and skill shortages in several sectors are the new problems to overcome. What are the reasons behind these shortages? Are these only temporary issues? Has unemployment ceased to be a burning issue? What policy options could address these challenges? Based on their presentations at the 2024 edition of the Centre for European Policy Studies' flagship conference, Ideas Lab, the contributors to this Forum attempt to answer these questions, discussing recent shifts in the labour market and policy solutions to address the different sources of shortages."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.