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workforce
evolution
With unemployment hovering around 9% and the economic recovery remaining
                                                                                                                                     financial and the
                                                                                                                                     business services
sluggish, Europe’s occupational structure is evolving rapidly to meet the rising                                                     sector is leading the recovery -   retirement
                                                                                                                                     expecting to generate about        age is
demand for skilled workers. What will the future workforce look like?
                                                                                                                                     6 million
                                                                                                                highly-                                                 increasing
                                                                                                                qualified jobs                                          and losses in
                                                                                                                will increase from   new jobs by 2020.                  superannuation
                                                                      Most projected increases are              29% in 2010 to                                          means older

                                                                                                                35%
                                                                      expected for high-skilled,                                                                        workers are
                                                                      non-manual occupations,                                                                           staying in the
                           There are some concerns about              such as management, professional and      in 2020.                                                workforce
                           whether future job opportunities           associate professional jobs – more than                                                           longer. The

                                                                      8.5 million
                           will match the qualifications –                                                                                                              age bracket

                                                                                                                                                                        45-64
                           and expectations – of
                           younger people.                            in total between 2010 and 2020.
                           Research suggests significant                                                                                                                is the only

                           scarring                                                                                                                                     sector to
                                                                                                                                                                        increase by

                           effects
                           of initial negative labor
                                                                                                                                                                        2020.


  construction
                           market experiences, including
  employment
                           permanently lower
  continues to decrease.
                           employment probabilities
  primary and
                           and large earning losses.          growth of high
  manufacturing
  industries are                                              qualification jobs
  projected to

  lose
  around 2.5 million
                                                                             35.2%

                                                                 29.4%
  jobs by 2020.

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The workforce evolution in Europe

  • 1. workforce evolution With unemployment hovering around 9% and the economic recovery remaining financial and the business services sluggish, Europe’s occupational structure is evolving rapidly to meet the rising sector is leading the recovery - retirement expecting to generate about age is demand for skilled workers. What will the future workforce look like? 6 million highly- increasing qualified jobs and losses in will increase from new jobs by 2020. superannuation Most projected increases are 29% in 2010 to means older 35% expected for high-skilled, workers are non-manual occupations, staying in the There are some concerns about such as management, professional and in 2020. workforce whether future job opportunities associate professional jobs – more than longer. The 8.5 million will match the qualifications – age bracket 45-64 and expectations – of younger people. in total between 2010 and 2020. Research suggests significant is the only scarring sector to increase by effects of initial negative labor 2020. construction market experiences, including employment permanently lower continues to decrease. employment probabilities primary and and large earning losses. growth of high manufacturing industries are qualification jobs projected to lose around 2.5 million 35.2% 29.4% jobs by 2020.