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Forum. Challenges facing European labour markets: is a skill upgrade the appropriate instrument?

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Scarpetta, Stefano ; Sonnet, Anne ; Livanos, Ilias ; Núñez, Imanol ; Riddel, W. Craig ; Song, Xueda ; Maselli, Ilaria

Intereconomics. Review of European Economic Policy

2012

47

January - February

4-30

education ; employability ; labour market ; skill ; statistics ; youth employment ; labour market policy

EU countries ; OECD countries

Labour market

English

"The financial and economic crisis shattered the Lisbon Strategy's attempt to increase the EU's employment rate to 70% among 15–64 year olds by 2010. The new Europe 2020 strategy envisages a 75% adult employment rate by 2020; however, this goal also seems unrealistic in light of the economic crisis which has caused the EU's employment rate to drop significantly below 70%. A crucial question now is whether a skill upgrade of the European labour force would help to increase the employment rate, especially among youth. This Forum explores the relationship between education and employment throughout the EU."

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