Skills and Europe’s Labor Market : How Technological Change and Other Drivers of Skill Demand and Supply are Shaping Europe’s Labor Market

This report complements the recent World Bank publication, Growing United: Upgrading Europe’s Convergence Machine (Bodewig, C., Ridao-Cano, C., 2018). The Growing United report highlights that, while the European Union is still the “convergence mac...

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Main Authors: Hoftijzer, Margo, Gortazar, Lucas
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/378911528957654868/Skills-and-Europe-s-labor-market-how-technological-change-and-other-drivers-of-skill-demand-and-supply-are-shaping-Europe-s-labor-market
http://hdl.handle.net/10986/29965
id okr-10986-29965
recordtype oai_dc
spelling okr-10986-299652021-05-25T09:43:13Z Skills and Europe’s Labor Market : How Technological Change and Other Drivers of Skill Demand and Supply are Shaping Europe’s Labor Market Hoftijzer, Margo Gortazar, Lucas LABOR MARKET SKILLED LABOR SKILLS DEMAND SKILLS DEVELOPMENT EMPLOYMENT EARNINGS JOB CREATION POLARIZATION EDUCATIONAL ATTAINMENT MIGRANT LABOR This report complements the recent World Bank publication, Growing United: Upgrading Europe’s Convergence Machine (Bodewig, C., Ridao-Cano, C., 2018). The Growing United report highlights that, while the European Union is still the “convergence machine” that fosters an unparalleled depth and scope of regional economic integration, it is no longer working for everyone. The report points to a growing divide, reflected in inequality widening among households across and within EU countries. It reviews the underlying factors of this growing divide from two angles, that of people and that of firms, and for both it examines the reasons why some are left behind and others thrive. This review of labor market trends, the underlying causes that determine which skills are in demand, and how they are rewarded, starts with a framing chapter, briefly summarizing trends in inequity in the EU and ongoing discourse on the impact of technological change and other driver of skill demand and supply on labor outcomes. This is followed by a brief description of trend in employment and earnings in the EU since the late 1990’s (chapter two); and a brief description of factors that shape skill demand (technology, globalization, aging, and the level of economic development) followed by an analysis of the evolution of the task content of jobs (chapter three). It then proceeds to discuss the parallel impact of supply-side factors, like education and migration, on the resulting labor market trends; and finally proposes an analytical framework to understand the extent to which the interaction of demand and supply factors is altering the labor market structure in the EU (chapter five). 2018-07-12T16:33:21Z 2018-07-12T16:33:21Z 2018-05-29 Working Paper http://documents.worldbank.org/curated/en/378911528957654868/Skills-and-Europe-s-labor-market-how-technological-change-and-other-drivers-of-skill-demand-and-supply-are-shaping-Europe-s-labor-market http://hdl.handle.net/10986/29965 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Europe and Central Asia Eastern Europe Europe European Union
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic LABOR MARKET
SKILLED LABOR
SKILLS DEMAND
SKILLS DEVELOPMENT
EMPLOYMENT
EARNINGS
JOB CREATION
POLARIZATION
EDUCATIONAL ATTAINMENT
MIGRANT LABOR
spellingShingle LABOR MARKET
SKILLED LABOR
SKILLS DEMAND
SKILLS DEVELOPMENT
EMPLOYMENT
EARNINGS
JOB CREATION
POLARIZATION
EDUCATIONAL ATTAINMENT
MIGRANT LABOR
Hoftijzer, Margo
Gortazar, Lucas
Skills and Europe’s Labor Market : How Technological Change and Other Drivers of Skill Demand and Supply are Shaping Europe’s Labor Market
geographic_facet Europe and Central Asia
Eastern Europe
Europe
European Union
description This report complements the recent World Bank publication, Growing United: Upgrading Europe’s Convergence Machine (Bodewig, C., Ridao-Cano, C., 2018). The Growing United report highlights that, while the European Union is still the “convergence machine” that fosters an unparalleled depth and scope of regional economic integration, it is no longer working for everyone. The report points to a growing divide, reflected in inequality widening among households across and within EU countries. It reviews the underlying factors of this growing divide from two angles, that of people and that of firms, and for both it examines the reasons why some are left behind and others thrive. This review of labor market trends, the underlying causes that determine which skills are in demand, and how they are rewarded, starts with a framing chapter, briefly summarizing trends in inequity in the EU and ongoing discourse on the impact of technological change and other driver of skill demand and supply on labor outcomes. This is followed by a brief description of trend in employment and earnings in the EU since the late 1990’s (chapter two); and a brief description of factors that shape skill demand (technology, globalization, aging, and the level of economic development) followed by an analysis of the evolution of the task content of jobs (chapter three). It then proceeds to discuss the parallel impact of supply-side factors, like education and migration, on the resulting labor market trends; and finally proposes an analytical framework to understand the extent to which the interaction of demand and supply factors is altering the labor market structure in the EU (chapter five).
format Working Paper
author Hoftijzer, Margo
Gortazar, Lucas
author_facet Hoftijzer, Margo
Gortazar, Lucas
author_sort Hoftijzer, Margo
title Skills and Europe’s Labor Market : How Technological Change and Other Drivers of Skill Demand and Supply are Shaping Europe’s Labor Market
title_short Skills and Europe’s Labor Market : How Technological Change and Other Drivers of Skill Demand and Supply are Shaping Europe’s Labor Market
title_full Skills and Europe’s Labor Market : How Technological Change and Other Drivers of Skill Demand and Supply are Shaping Europe’s Labor Market
title_fullStr Skills and Europe’s Labor Market : How Technological Change and Other Drivers of Skill Demand and Supply are Shaping Europe’s Labor Market
title_full_unstemmed Skills and Europe’s Labor Market : How Technological Change and Other Drivers of Skill Demand and Supply are Shaping Europe’s Labor Market
title_sort skills and europe’s labor market : how technological change and other drivers of skill demand and supply are shaping europe’s labor market
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/378911528957654868/Skills-and-Europe-s-labor-market-how-technological-change-and-other-drivers-of-skill-demand-and-supply-are-shaping-Europe-s-labor-market
http://hdl.handle.net/10986/29965
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