Artificial intelligence (AI) brings with ita wealth of opportunities for businesses, and it is the technology they are most excited about. But the digital skills gap could delay companies using it, according to two new studies. More than 95 per cent of over 1,000 companies in France, Germany, the United Kingdom, and the United States said the integration of new
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Iceland had the highest average annual wage in Europe in 2022, at approximately 79.5 thousand U.S. dollars, compared with Greece, which had an average annual salary of just over 26 thousand U.S dollars a year, the lowest among the countries provided in this statistic. By delving into these aspects, the news offers a comprehensive picture of the wage landscape across
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Europe’s solar sector, a beacon amidst the Russian gas crisis, faces challenges from Chinese imports. The BAMBOO project aims to scale up floating solar technology, potentially reducing Europe’s dependence on Chinese imports and creating jobs. The debate continues on balancing jobs, security, and environmental targets. Amidst the Russian gas crisis, Europe’s solar sector has emerged as a beacon of hope.
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European markets ended mostly higher although the surprisingly hot U.S. jobs data for January knocked them off their session highs. “European markets have finished a choppy week on the up, shrugging off the disappointment that central banks appear to have pushed back the prospect of early rate cuts until later in the year, although today’s bumper US payrolls report has
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Germany is among one of the European countries inviting students and workers alike and offering huge salary packages amid shortage of STEM (Science, Technology, Engineering and Mathematics) specialists in the country. Earlier in February last year, German Chancellor Olaf Scholz simplified the process of obtaining work visas for Indian IT experts and granted a number of relaxations to immigrants to
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The comments come amidfalling industrial productionas well asrecord low levels of unemploymentacross 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
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Young Job Seekers Struggle: Transportation & Uniform Costs Block Employment Young job seekers, particularly Gen Zers, are facing a surprising barrier to employment: hidden costs like commute and uniform expenses. A new report reveals many are turning down jobs they can’t afford due to transportation fees and required work attire. This raises concerns about affordability and accessibility in the labor
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In 2023, the European Commission has rightfully put the spotlight on the urgent need to tackle Europe’s skills shortages by designating it the EU ‘Year of Skills’. While recognition is always a good starting point, actual solutions to the many challenges are still lagging behind, particularly in addressing the root cause of the issue. Unfortunately, the Skills and Talent Package and the new
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The job market is going through a speedy transformation in Europe as competition for jobs has doubled in the last year, with new positions popping up that didn’t exist 20 years ago, according to LinkedIn’s latest survey. Looking to the year ahead, the fastest-growing positions are related to sustainability, AI and business development, forecasted the employment-focused social platform. LinkedIn carried
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It’s possible that the senior roles at the European Commission, Council, Parliament and foreign service could all be held by women after June’s EU election. There’s a scenario in which the presidents of the EU’s main institutions could all be women. After the EU election in June, the top jobs at the European Council, the Commission and the Parliament — plus
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