Skills mismatch, the misalignment between workers' qualifications and the demands of their jobs, has long been a topic of significant concern for policymakers and researchers alike. In today’s rapidly evolving labour market, understanding the dynamics of educational mismatch, the role of vocational education, and the impact of changing skill demands is more critical than ever. Against the backdrop of structural labour market changes accelerated by the COVID-19 pandemic, this tool seeks to shed light on the extent and implications of these phenomena across Europe.
The purpose of this tool is to:
The tool is divided into three sections. The first section, entitled ‘Educational Mismatch in Europe: Incidence, Determinants and the Impact of an Increase in Remote Working’, examines trends in educational mismatch in Europe over time, and the potential effect that the COVID-19 pandemic had on mismatch. The second section, ‘Vocational Education in Europe: Incidence, Wage Effects and Job Satisfaction’, explores vocational education in Europe. We study its incidence and determinants and evaluate its effects on labour market outcomes. In section 3, ‘Dynamic Skill Change and Skill Deficits in the Labour Market: An Analysis using Online Job Vacancy Data’ we devise a measure of occupation specific dynamic skill change using a large dataset on online job vacancies and link this measure to indicators of skill deficits among employees.
You may find additional information regarding the data and the methodology used in this report.