Unemployed in Europe Stymied by Lack of Technology Skills

Via NYTimes.com:
After a five-year economic crisis, the mismatch represents one of the thorniest problems facing Ireland and many other European countries. Hundreds of thousands of people who lost work, and many young people entering the work force, are finding that their skills are ill suited to a huge crop of innovation-based jobs springing up across the Continent.
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Points:
  • “…there is an expectation that many of the new jobs created will be in the knowledge-intensive economy.”
  • “People laid off in hard-hit sectors, from construction to finance, face lengthy retraining, while too few graduates entering the job market have chosen engineering, science or technology degrees for the growing innovation-based jobs market.”
  • “…despite the recession, almost 40 percent of companies reported difficulty in finding workers with the right skills, compared with 37 percent in 2008 and 35 percent in 2005.”

Not just in the USA. Notice the jobs are veering toward science, technology, engineering, and math (STEM) disciplines. This coincides with another finding that management jobs are disappearing and being replaced with STEM and other specialized jobs.