Magazine article Times Educational Supplement

EU Aims to Unite 'Parallel Universes'

Magazine article Times Educational Supplement

EU Aims to Unite 'Parallel Universes'

Article excerpt

Major new survey hopes to find remedy for skills mismatch

A Europe-wide survey of 50,000 adults has been launched to assess the extent of the so-called skills mismatch.

The workers to be questioned in the exercise, which will report back early next year, will be drawn from across the European Union's 28 member states. The EU has the highest unemployment rate of anywhere in the world apart from the Middle East and North Africa, with youth unemployment a particular problem.

In 2013, almost a quarter of young people aged 15-24 in the EU labour market were unemployed. But a report published last year by US-based management consultancy McKinsey found that employers across the EU were struggling to find recruits with the skills they needed.

In the survey of eight EU countries including the UK, a third of employers said that lack of skills was causing major business problems in the form of cost, quality or time, while 27 per cent reported that it was a major reason they did not fill vacancies. …

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