Business leaders blame skills shortage for Europe’s industrial decline

The comments come amid falling industrial production as well as record low levels of unemployment across the EU. Industrial output is down 5.8% compared to last year, while joblessness is at an all-time low of 5.9%.

They also follow a study published last year by the European Investment Bank (EIB), which found that 85% of European firms deemed a lack of sufficiently skilled staff an impediment to investment – making it the most commonly cited obstacle ahead of high energy prices (82%).

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https://www.euractiv.com/section/economy-jobs/news/business-leaders-blame-skills-shortage-for-europes-industrial-decline

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