Skills are the new currency in the changing world of work

By 2025 about 48% of all job opportunities in Europe will need to be filled by people with qualifications beyond high school level. Indeed we don't even need to look so far ahead into the future. Currently, skills among the EU's workforce fall about one-fifth short of what is needed for workers to carry out their jobs at their highest productivity level. A sizeable share of the EU workforce – four in 10 adult employees – feel that their skills are underutilised while about four in 10 EU employers struggle to find the right skills when recruiting[1]. The skills gap has a significant economic impact on both workers and businesses.