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Mismatch between Demand and Supply among higher education graduates in the EU

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Abstract

The misalignment between demand and supply contributes to the labour market problems experienced by many recent graduates in Europe. Not only does the growth in the number of recent university graduates differ from the growth in job vacancies potentially available for them, but also a large number of individuals end up completing their tertiary degree in subjects for which there is little demand or for which there is an excess of supply relative to demand. In an attempt to investigate whether the EU is expected to generate the appropriate number and type of graduates, this study compares projections on forecasted graduate labour market development tendencies made by Cedefop between 2016 and 2030 with estimated trends in the supply of tertiary graduates during the same period. The analysis predicts that, while a rough balance between graduate demand and supply is likely to emerge at aggregate level, there will be a small surplus of graduates in the fields of ICT and a more relevant one in Science and Engineering. Results, however, significantly differ across individual EU Member States.

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  • BIAGI Federico & CASTANO MUNOZ Jonatan & DI PIETRO Giorgio, 2020. "Mismatch between Demand and Supply among higher education graduates in the EU," JRC Research Reports JRC120022, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc120022
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    Cited by:

    1. Alam, Gazi Mahabubul, 2021. "Does online technology provide sustainable HE or aggravate diploma disease? Evidence from Bangladesh—a comparison of conditions before and during COVID-19," Technology in Society, Elsevier, vol. 66(C).
    2. Alam, Gazi Mahabubul & Asimiran, Soaib, 2021. "Online technology: Sustainable higher education or diploma disease for emerging society during emergency—comparison between pre and during COVID-19," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    3. Alam, Gazi Mahabubul & Parvin, Morsheda, 2021. "Can online higher education be an active agent for change? —comparison of academic success and job-readiness before and during COVID-19," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    4. Henna Ahsan & Muhammad Jehangir Khan, 2023. "Disaggregating the Graduate Unemployment in Pakistan," PIDE Knowledge Brief 2023:100, Pakistan Institute of Development Economics.

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    Keywords

    Mismatch; demand and supply of graduates;

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