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Employment: report shows worker mobility key to tackle EU demographic and skills challenges

October 17, 2014 Comments off

Employment: report shows worker mobility key to tackle EU demographic and skills challenges
Source: European Commission/OECD

To address the effects of population ageing, the EU will need to close the gender gap and increase the participation of young and older workers in the labour market, but mobility and migration also have a key role to play. This is the main finding of the joint Commission-OECD report on Matching Economic Migration with Labour Market Needs published today.

Commissioner for Employment, Social Affairs and Inclusion László Andor commented “This joint report with the OECD offers valuable guidance on the serious demographic challenges ahead. Ensuring fair labour mobility within the EU, improving training to close skills gaps, ensuring decent working conditions to workers and better integration of non-EU workers can be part of the solution to population ageing and future skill shortages in the European labour market”.

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ECB report details structural changes in the euro area banking sector

October 16, 2014 Comments off

ECB report details structural changes in the euro area banking sector
Source: European Central Bank

The European Central Bank has today published the Banking Structures Report 2014, which reviews the main structural developments in the euro area banking sector to the end of 2013. The report makes use of a number of publicly available data sources, notably aggregate annual banking sector statistics which are published by the ECB.

The report shows that the on-going consolidation of the euro area banking system continued in 2013. The rationalisation process suggests that overall efficiency of the system continues to be enhanced. The total number of credit institutions decreased further to 5,948 in 2013, down from 6,100 in 2012 and 6,690 in 2008.

Total assets of the euro area banking sector declined to €26.8 trillion, down from €29.6 trillion in 2012 and from €33.5 trillion in 2008, largely driven by developments regarding large banks, with the reduction in derivative positions accounting for around half the total balance sheet shrinkage. This is largely reflective of the on-going balance sheet repair and related deleveraging of non-core assets. The banking sectors of those euro area countries most strongly affected by the financial crisis generally also experienced the most pronounced structural changes.

+ Full Report (PDF)

Erasmus Impact Study confirms EU student exchange scheme boosts employability and job mobility

October 15, 2014 Comments off

Erasmus Impact Study confirms EU student exchange scheme boosts employability and job mobility
Source: European Commission

Young people who study or train abroad not only gain knowledge in specific disciplines, but also strengthen key transversal skills which are highly valued by employers. A new study on the impact of the European Union’s Erasmus student exchange programme shows that graduates with international experience fare much better on the job market. They are half as likely to experience long-term unemployment compared with those who have not studied or trained abroad and, five years after graduation, their unemployment rate is 23% lower. The study, compiled by independent experts, is the largest of its kind and received feedback from nearly 80 000 respondents including students and businesses.

Eurostat regional yearbook 2014

October 14, 2014 Comments off

Eurostat regional yearbook 2014
Source: Eurostat

Statistical information is an important tool for understanding and quantifying the impact of political decisions in a specific territory or region. The Eurostat regional yearbook 2014 gives a detailed picture relating to a broad range of statistical topics across the regions of the Member States of the European Union (EU), as well as the regions of EFTA and candidate countries. Each chapter presents statistical information in maps, figures and tables, accompanied by a description of the policy context, main findings and data sources. These regional indicators are presented for the following 11 subjects: population, health, education, the labour market, the economy, structural business statistics, research and innovation, the information society, tourism, transport, and agriculture. In addition, four special focus chapters are included in this edition: these look at the environment, land cover and land use, European cities, and regional competitiveness.

The Statistical Atlas is an interactive map viewer, which contains statistical maps from the Eurostat regional yearbook and provides the possibility to download these maps as high-resolution PDFs.

The most recent version of the Eurostat regional yearbook is available in Statistics Explained, which also contains translations of all of the articles in German and French as well as three articles in the 18 official Community languages.

EU — Photonics: An industry moving at the speed of light

October 9, 2014 Comments off

Photonics: An industry moving at the speed of light
Source: European Parliamentary Research Service

Photonics is all around us; it is an integral part of modern human society, contributing to our daily lives. The science of photonics is the study an utilisation of light or photons. Consequently due to its interdisciplinary nature it crosses the fields of physics, chemistry and electrical engineering.

The majority of society is unaware if the collective study of phonics or its importance to industry. Instead of seeing devices that are produced by, or that use photonics, we simply see electronics. Unaware of the amazing technology within, it’s extensive nature or its complexities. Yet photonics is a sector that is increasingly vital to our economic growth and standard of living.it is driving innovation forward faster than ever before and revolutionising our lives, and altering the way we view and experience the world around us.

EU ‘single market for research’ now depends on national reforms, study finds

October 8, 2014 Comments off

EU ‘single market for research’ now depends on national reforms, study finds
Source: European Commission

The ERA partnership between Member States, research stakeholders and the Commission has made good progress in delivering ERA. The conditions for achieving a European Research Area (ERA), where researchers and scientific knowledge can circulate freely, are in place at the European level. Reforms must now be implemented at the Member State level to make ERA work.

This is the main conclusion of the latest ERA progress report, presented today by the European Commission. The report updates last year’s overview (IP/13/851), and presents individual country reports that give a snapshot of implementation on the ground, notably at the level of research organisations.

European Commissioner for Research, Innovation and Science Máire Geoghegan-Quinn said: “We have made good progress on the European Research Area in recent years. It is now up to Member States and research organisations to make good on their commitments and put in place the necessary reforms. The Commission will help where it can, including with the €80 billion investment from our new research and innovation programme, Horizon 2020. In particular, national and EU research efforts need to be much more closely aligned if we are to increase impact at EU level.”

EU — Online gambling

October 7, 2014 Comments off

Online gambling
Source: European Parliamentary Research Service

The online gambling market is growing rapidly with betting being the biggest sector. National levels of demand vary across the EU. With an estimated 6.84 million consumers, in 2012 annual revenues were €10.54 billion.

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