Cedefop’s latest forecast on the demand and supply of skills shows that the European Union can expect a net increase in employment of 8 million new jobs between 2010 and 2020. Nearly ten times more jobs (around 75 million) will be generated to replace workers who leave the labour market.
But skill mismatches and, in some sectors, skill shortages raise risks for the European labour market and the competitiveness of the European economy.