ELA Report on Labour Shortages and Surpluses in Europe 2023.

The latest edition of the EURES report on labour shortages and surpluses paints a vivid picture of a tightening labour landscape across Europe. Despite a backdrop of slower economic growth, a notable trend emerges: companies are engaged in fierce competition for talent willing and able to fill roles at locations where demand is high. This phenomenon is particularly pronounced in sectors such as construction, engineering, healthcare, and ICT.

The reasons behind this phenomenon are multifaceted, reflecting the dynamic nature of today's economy. Structural shifts, driven by digitalisation and the imperative of transitioning to more climate-neutral practices, are reshaping skill demands. Concurrently, demographic change and evolving societal norms play pivotal roles. Additionally, factors such as unattractive working conditions and mismatches between jobseekers' preferences and employers' offerings contribute to the challenge.

Read the report and find out more here.