Mismatch between Demand and Supply among higher education graduates in the EU

Federico Biagi (), Jonatan Castaño Muñoz and Giorgio Di Pietro
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Federico Biagi: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC120022, JRC Research Reports from Joint Research Centre

Abstract: The misalignment between demand and supply contributes to the labour market problems experienced by many recent graduates in Europe. Not only does the growth in the number of recent university graduates differ from the growth in job vacancies potentially available for them, but also a large number of individuals end up completing their tertiary degree in subjects for which there is little demand or for which there is an excess of supply relative to demand. In an attempt to investigate whether the EU is expected to generate the appropriate number and type of graduates, this study compares projections on forecasted graduate labour market development tendencies made by Cedefop between 2016 and 2030 with estimated trends in the supply of tertiary graduates during the same period. The analysis predicts that, while a rough balance between graduate demand and supply is likely to emerge at aggregate level, there will be a small surplus of graduates in the fields of ICT and a more relevant one in Science and Engineering. Results, however, significantly differ across individual EU Member States.

Keywords: Mismatch; demand and supply of graduates (search for similar items in EconPapers)
Date: 2020-03
New Economics Papers: this item is included in nep-eur and nep-ict
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc120022

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