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Labour Market Tightness and Matching Efficiency in Different Labour Market Segments – Do Differences in Education Matter? Cover

Labour Market Tightness and Matching Efficiency in Different Labour Market Segments – Do Differences in Education Matter?

By: Alka Obadić and  Viktor Viljevac  
Open Access
|Jun 2024

Abstract

This paper analyses the existing educational structures of selected EU member countries and their alignment with the labour market (LM) needs. This study aims to identify potential structural mismatches between the skills taught in schools and universities and the skills and knowledge required in the workplace. To evaluate this educational mismatch, the paper explores the matching needs of employers and unemployed job seekers by using disaggregated national employment office data. The paper examines the selected group of EU countries (AT, HR, EE, SI, ES) from 2010 to 2022, using the Beveridge curves and estimating LM tightness and matching efficiency for different education groups. The results show that differences in education levels result in relatively small deviations from aggregate trends in the LM. Aggregate LM trends strongly impact all education groups in the labour market.

Language: English
Page range: 1 - 17
Published on: Jun 29, 2024
Published by: University of Sarajevo
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2024 Alka Obadić, Viktor Viljevac, published by University of Sarajevo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.