Cedefop skill supply and demand forecasts provide comprehensive information on the future labour market trends in Europe. The forecasts act as an early warning mechanism to help to alleviate potential labour market imbalances and support different labour market actors in making informed decisions.
Cedefop’s work on Skill supply and demand forecasts for Europe is widely recognised. In 2010, Cedefop received a mandate by the Council conclusions on “New skills for new jobs: the way forward” to forecast trends in skill supply and demand for Europe every two years. Cedefop’s skill supply and demand forecasts form also one of the key building blocks of the EU Skills Panorama under the flagship initiative Agenda for New Skills and Jobs of the Europe 2020 strategy.
Cedefop’s forecast does not intend to replace skills anticipation and forecasting initiatives taking place at national level. It uses harmonized data and a single methodology to make results comparable across countries which can be aggregated to provide an overall picture of labour market trends and skill development in the EU. The results cover all EU Member States plus Norway, Iceland and Switzerland. Detailed results by country are available online.
The Cedefop results and methodology are validated by national experts representing a wide range of expertise including academics, labour market economists, econometricians and statisticians.