Job retention schemes, one of the main policy tools used during the COVID-19 pandemic to safeguard jobs and protect incomes, saved 26.9 million jobs in the EU in 2020 and 2021.The schemes also reduced inequality by 0.15 percentage points, and lowered the at-risk-of-poverty rate by 0.5 percentage points.
Urban and capital areas have disproportionately benefitted from the digital revolution in Europe, with a high rate of knowledge and service-based jobs. By comparison, many rural areas risk being left behind, with unbalanced urban economic dominance further deepening urban-rural divides.
Prolonged labour shortages in the EU affect growth, innovation and the bloc’s ability to achieve its digital and green targets, as around 80% of EU employers struggle to recruit workers with the right skills. Currently, the skills of one in three employees in the EU are mismatched with their job, with 17% overqualified and 13% underqualified.
National minimum wage rates were substantially raised in almost all EU countries in 2024, reversing the loss of purchasing power that minimum wage workers experienced between 2021 and 2023, according to relevant calculations.
Eurofound’s 2023 yearbook, Living and working in Europe, provides a snapshot of the latest developments in the work and lives of Europeans as explored in the Agency’s research activities over the course of the year.
Only 54% of traineeships or apprenticeships in the EU receive compensation, according to Eurofound data published in a new report by the European Court of Auditors on participation, quality and outcomes of traineeships in the 27 EU Member States. The report highlights the need to improve the quality of traineeship offerings, including learning support and the possibility of obtaining new skills.
How to address this skills gap in Ireland was at the centre of a ‘Skills for Jobs’ seminar and panel discussion organised by the European Commission Representation in Ireland and Eurofound, the European Foundation for the Improvement of Living and Working Conditions, which took place at Europe House in Dublin today.
Eurofound has just published a new episode of the Eurofound Talks podcast on skills in Europe. In the episode Mary McCaughey speaks with Eurofound Research Manager Tina Weber, Eurofound Senior Research Manager Gijs van Houten, and Giovanni Russo, Senior Expert at CEDEFOP – the European Centre for the Development of Vocational Training.
While losses in real minimum wages have occurred in several countries across the European Union, these have not eroded the long-term gains of purchasing power that have occurred across the EU since 2013. In an effort to offset inflation, governments have significantly increased nominal minimum wages across Europe. In 2023, the median nominal increase was almost 11%, compared with just 5% in 2
While an initiative such as the European Year of Skills is welcome, and improving skills can certainly go some way to help to address labour shortages, it is not a silver bullet. To address these challenges effectively, what is needed is a clear grasp of the drivers behind shortages in specific sectors and occupations and the policy context.
Eurofound’s new report looks at measures implemented at national level to tackle labour shortages in the health, care, and information and communication technology sectors, as well as those arising from the twin green and digital transition, to assesses what works and the contextual factors supporting or hindering effective policy implementation and outcomes.
With inflation expected to persist, a further depreciation of minimum wages in real terms can be expected in most Member States, as only a few foresee additional increases in 2023.
Eurofound (European Foundation for the Improvement of Living and Working Conditions) is a tripartite EU body, whose mission is to provide knowledge to assist in the development of better social, employment and work-related policies.
