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SKILLS MISMATCH OF THE YOUNG PEOPLE AT THE EUROPEAN LEVEL

Hatos Roxana ()
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Hatos Roxana: University of Oradea, Faculty of Economic Sciences

Annals of Faculty of Economics, 2015, vol. 1, issue 1, 431-439

Abstract: Transition from school to work is a main issue with many fields of study. Studies on transition from school to work, have highlight the importance of two categories of factors at the level of the individual formal proceedings which may affect how easy it is to graduate to integrate into the labor market: 1) so far as the educational systems are transmitting specific competences as compared with those general and 2) so far as there are direct links between employers and the education system. In this way, are reduced the costs of selection and allocation for employers. A poor articulation between educational institutions and the labor market produce a high level of unmatched competences of assimilated by formal education and competencies required of the labor market (skill mismatch) (Parodi et al., 2012). The surveys with European employers reflect particular difficulties that they are experiencing in employment vacancies. Investigation on the European companies in the spring of 2013 found that 40% of the firms in the EU have difficulty in finding employees with suitable qualification (CEDEFOP-European Center for the Development of the Vocational Training, 2014). Skills mismatch is a generic term that refers to various types of imbalances between skills and competences offered and those required in the labor market. Concept has become one intensely discussed and submitted to measurement in international research on the background concerns the under-utilization human resource. Numerous opinion polls with employers come to the same unexpected conclusion - that despite high unemployment many posts can't find occupants satisfactorily prepared and identify the causes: most of them criticized the lack of skills of the candidates or the absence of skills specific to the workplace. Based on the latest studies on international databases have built a set of questions that, through secondary analysis, we tried to find answers. Questions that we try to give answer are: What are the main types of skills mismatch? What are the main ways to measure skills mismatch? What are the indicators of skills mismatch? What is the level of over-education and under-education in European countries? How to calculate skills mismatch between demand and supply of labor at European level? What factors explain the different labor market chances of young people compared to adults? What are the predictors at the macro level and individual level of skills mismatch?

Keywords: labour market; skills mismatch; employment (search for similar items in EconPapers)
JEL-codes: J40 J41 J50 (search for similar items in EconPapers)
Date: 2015
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