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Date: 30 March 2012
On November 17, the Council of the European Union issued conclusions on language competences to enhance mobility. In the document the Council not only addresses multilingualism for jobs mobility but also mentions the importance to foster better use of language competences as a mean of increasing the competitiveness of EU business, and especially that of small and medium-sized enterprises. In this context, the Council welcomes the work of the Business Platform for Multilingualism of which EMF is a member of the Steering Committee, and invites the European Commission to further pursue its support and stakeholder initiatives of this kind.
The IT employment sector is growing five times faster than the UK average. In the next five years some 500,000 new entrants will be needed. However most of these jobs – research analysts, software developers, infrastructure specialists, systems engineers – will demand higher level qualifications and skills.
It is important to think ahead and anticipate trends in the workplace in order to prepare the next generation and steer current employees for their future jobs. Microsoft certifications are plotted against a skills roadmap , incorporating new skills for the cloud, that match developments in industry to talent pools. People that have validated skills that are transferable across industries and across boundaries will play a significant role in Europe meeting its goals for 2020.
-Only about 40% of over-qualified workers report feeling mismatched based on their skills and the relationship between under-qualification and under-skilling is even weaker.
-Qualification mismatch and skill mismatch affect wages, job satisfaction and incentives to engage in on-the-job search (i.e. looking for a job while working).
-Policy intervention may be warranted to address a number of issues such as: the mis-investment in education implicit in large numbers of youth leaving school without the skills that employers require; the costs incurred by firms to sort candidates into jobs when qualifications provide bad signals for skills; and the difficulties faced by some specific groups such as job losers and immigrants.
– Policy interventions designed to reduce mismatches require the co-operation of the many different actors involved in generating jobs, imparting and acquiring skills and bringing jobs and workers together: employers, educators, individual workers, central and local governments, public employment services and the social partners.
The paper has been prepared in the context of the New Skills for New Jobs project funded by the European Commission.
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