Analysis of Skills Shortage and Surpluses 202010 December 2020
The overall objective of the annual reports on skill shortages and surpluses in Europe is to implement Article 30 of EURES Regulation (EU) 2016/5891. The current issue covers the period 2019-2020, during which the European labour market was strongly impacted by the COVID-19 pandemic.
Almost one in three (31%) workers in the EU Member States are employed in an occupation which is associated with either widespread shortages or surpluses.
The outbreak of the COVID-19 pandemic has resulted in a dramatically reduced number of vacancies notified to the Public Employment Services (PES) in the first two
quarters of 2020 compared to similar periods in 2019 (-30 percentage points in Q1 and - 60 percentage points in Q2).
The major difference in the education composition of the top shortage and surplus occupations was among the highly qualified. One in four (25%) of those working in
the top shortage occupations had a third level qualification compared to seventeen percent of those working in the top surplus occupations.
The report can be read in full here Skill Shortage and Surpluses in Europe 2020.pdf (size 1.7 MB)