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Skills in online job vacancies
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Cedefop analysis has demonstrated the severe impact the coronavirus pandemic is having on recruitment and employment in the EU.
The third quarter of 2020 saw the number of job advertisements posted online rise by almost 8 million compared to the second quarter, and just 2% below the 2019 levels. This development, identified using Cedefop’s skills OVATE system which monitors trends in online job markets across the EU, can be attributed to an improved epidemiological picture in most EU countries and more seasonal temporary jobs.
European employers advertised 35% fewer jobs in online job portals in the second quarter of 2020 compared to the same period in 2019. This significant drop during the first lockdown, identified using Cedefop’s skills OVATE system, provides valuable insights into the impact the coronavirus crisis had on the EU labour market.
As EU Member States struggle to revive their tourism sectors in the wake of the coronavirus crisis, skills are emerging as the deciding factor for successful economic recovery.
Cedefop Executive Director Jürgen Siebel and the Director of Eurostat’s unit B (Methodology, dissemination and cooperation in European statistical systems) Eduardo Barredo Capelot met remotely on 14 May to celebrate the signature of a memorandum of understanding between the two institutions.
The coronavirus pandemic has created a new landscape for businesses and the economy, sparking a fresh wave of labour market research. Most of it, for example Cedefop’s Cov19R index, focuses on assessment of the potential risk of the pandemic for jobs and individuals. Cedefop has also explored what detailed skills information can tell us about risk or resilience of occupations to social distancing measures, as revealed by employers’ demands in online job advertisements.
A new Cedefop index – Cov19R – identifies workers with a higher risk of coronavirus exposure, who need greater social distancing, affecting their current and future job performance capacity.
Cedefop’s Skills online vacancy analysis tool for Europe (Skills-OVATE) has been updated to include data from over 67 million online job ads, collected from July 2018 to December 2019, in 28 European countries.
A second version of Cedefop’s skills online vacancy analysis tool for Europe (Skills OVATE) has been released. It presents insights and data on skills gathered from online job vacancies in 11 more EU countries to add to the seven already analysed.
Cedefop presented new evidence on the demand for artificial intelligence (AI) skills, as revealed in the job vacancies of EU employers, and its research on automation risk and the responsiveness of vocational education and training (VET) systems to the future of work challenges, at an international conference on AI and education in Beijing on 16 to 18 May.