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The evolving supply and demand of skills in the labour market

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  • Maselli, Ilaria

Abstract

This paper analyses labour demand and supply with respect to skills and tasks. The literature on this topic is abundant, especially in light of education expansion and the impact of technology on labour demand. The goal of this work is not to add evidence to the causes and effects of labour demand and supply but rather to sketch the broader picture of their equilibrium and then to try to anticipate what type of skills mismatch EU countries will encounter during the next decade. The paper begins with separate considerations of labour demand and supply with respect to qualifi cation, outlining the main trends and their causes. This is followed by an analysis of their equilibrium and a matrix which can be used to understand the potential types of mismatches. Finally, conclusions and avenues for future research are drawn.

Suggested Citation

  • Maselli, Ilaria, 2012. "The evolving supply and demand of skills in the labour market," CEPS Papers 7911, Centre for European Policy Studies.
  • Handle: RePEc:eps:cepswp:7911
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    Cited by:

    1. Gilberto Antonelli & Sara Binassi & Giovanni Guidetti & Giulio Pedrini, 2016. "Assessing selection patterns and wage differential of high-skilled migrants. Evidence from the AlmaLaurea dataset on Italian graduates working abroad," Working Papers 76, AlmaLaurea Inter-University Consortium.
    2. Gunther Tichy, 2016. "Geht der Arbeitsgesellschaft die Arbeit aus?," WIFO Monatsberichte (monthly reports), WIFO, vol. 89(12), pages 853-871, December.
    3. Maselli,Ilaria & Fabo, Brian, 2015. "Digital workers by design? An example from the on-demand economy," CEPS Papers 11030, Centre for European Policy Studies.
    4. International Labour Organization., 2015. "Global employment trends for youth 2015 : scaling up investments in decent jobs for youth," Global Employment Trends Reports 994891803402676, International Labour Office, Economic and Labour Market Analysis Department.
    5. Eleftheria KOLOKYTHA & Georgios KOLOKYTHAS & Fotini PERDIKI & Stavros VALSAMIDIS, 2018. "Labour Job Digitalization: Myths And Realities," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 17(2), pages 3-18.
    6. Sara Binassi & Giovanni Guidetti & Mariele Macaluso & Giulio Pedrini, 2021. "Assessing selection patterns and wage differentials of high-skilled migrants. Evidence from Italian graduates working abroad," QUADERNI DI ECONOMIA DEL LAVORO, FrancoAngeli Editore, vol. 0(113), pages 83-115.
    7. Gunther Tichy, 2018. "Polarisierung der beruflichen Anforderungen durch die Digitalisierung?," WIFO Monatsberichte (monthly reports), WIFO, vol. 91(3), pages 177-190, March.
    8. Andreea Mirica, 2014. "Higher Education – A Solution To Unemployment? Case Study: Romania," Romanian Statistical Review, Romanian Statistical Review, vol. 62(3), pages 63-75, September.
    9. Kureková, Lucia Mýtna & Žilin?íková, Zuzana, 2015. "Low-Skilled Jobs and Student Jobs: Employers' Preferences in Slovakia and the Czech Republic," IZA Discussion Papers 9145, Institute of Labor Economics (IZA).
    10. Lucia Mýtna Kureková & Zuzana Žilinčíková, 2016. "Are student jobs flexible jobs? Using online data to study employers’ preferences in Slovakia," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-14, December.
    11. Stijn Kelchtermans & Nicolas Robledo-Bottcher, 2018. "RIO Country Report 2017: Belgium," JRC Research Reports JRC111253, Joint Research Centre.

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