A large variety of reports are written and published, and numerous presentations and readings are held about the upcoming developments for the European labor market. The vast majority of these are related to those countries where a shortage of qualified personnel, primarily in the technical and software sector, is expected.
Most of these countries face a challenging recruitment future with highly competitive market players ahead. The question is, how challenging is this future?
The analysis from the involved businesses and industries arise from their future forecasts and vacancy estimations making it extremely difficult to publish trustworthy numbers on this matter. In addition, the prediction of a company’s vacancy development is nearly impossible looking at the current short-term recruitment strategy maintained nowadays by most companies.
Therefore, a different approach towards the upcoming labor market developments is applied by Qreer’s marketing research team. The first results from the Dutch, Belgian and German labor coverage for the coming 10 years show alarming numbers.
Analysis for the Dutch labor market was done by contacting a total of 45 Dutch Universities (Hogescholen and Universities), where data was collected about enrolled Bachelor and Master students at an engineering, technology or software faculty. The result shed light in the amount of technical students graduating and expecting to graduate and to enter the labor market.
With these details the team was able to calculate ’The Gap’: Qualified graduates entering the market minus people leaving the labor market due to retirement for the upcoming 10 years.
The outcome was compared with the current job market statistics providing interesting insights in the developments ahead of us all.
“The gap” teaches us that from 2015 onwards, the Dutch Technical labor market will shrink on annual basis for the coming 10-15 years where on the other hand economic growth is again expected.
Taking into account that on this very day there are over 40.000 job openings in engineering and software available, for the Dutch market this could mean a race to the bottom.
This is exactly the reason why Qreer.com was founded many years ago. Qreer offers companies an easy to use solution to recruit qualified employees and to staff projects from all over Europe and offers advice and best practices for setting up or expanding international recruitment activities.
Let’s FACE THE FUTURE!!!
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