High-Technology Employment in the European Union

Maarten Goos, Ian Hathaway, Jozef Konings and Marieke Vandeweyer

No 627720, Working Papers of VIVES - Research Centre for Regional Economics from KU Leuven, Faculty of Economics and Business (FEB), VIVES - Research Centre for Regional Economics

Abstract: We analyse high-tech employment and wage trends in the European Union between 2000 and 2011. Using a broad industry-occupation framework to define high-tech, we find that the 22 million high-tech workers in the EU-27 represented 10 percent of total employment in 2011. High-tech employment grew at more than twice the rate of total employment during this eleven-year period, and spread throughout the continent—on average, increasing most in regions with previously lower concentrations of high-tech activity. High-tech workers face more favourable labour market outcomes as evidenced by lower unemployment rates and a substantial wage premium—indicating the high demand for these workers and the economic value they generate. We also find a sizable secondary local jobs multiplier, where the creation of one high-tech job in a region results in more than four additional non-high tech jobs in the same region.

Pages: 59
Date: 2013-12-01
Note: paper number 2013.41
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Citations: View citations in EconPapers (3)

Forthcoming in FEB Research Report 2013.41

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Working Paper: High-Technology Employment in the European Union (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:vivwps:627720

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