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High-Technology Employment in the European Union

Author

Listed:
  • Maarten Goos
  • Ian Hathaway
  • Jozef Konings
  • Marieke Vandeweyer

Abstract

We analyse high-tech employment and wage trends in the European Union between 2000 and 2011. Using a broad industry-occupation framework to define high-tech, we find that the 22 million high-tech workers in the EU-27 represented 10 percent of total employment in 2011. High-tech employment grew at more than twice the rate of total employment during this eleven-year period, and spread throughout the continent—on average, increasing most in regions with previously lower concentrations of high-tech activity. High-tech workers face more favourable labour market outcomes as evidenced by lower unemployment rates and a substantial wage premium—indicating the high demand for these workers and the economic value they generate. We also find a sizable secondary local jobs multiplier, where the creation of one high-tech job in a region results in more than four additional non-high tech jobs in the same region.

Suggested Citation

  • Maarten Goos & Ian Hathaway & Jozef Konings & Marieke Vandeweyer, 2013. "High-Technology Employment in the European Union," Working Papers of Department of Economics, Leuven 627720, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
  • Handle: RePEc:ete:ceswps:627720
    Note: paper number 2013.41
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    File URL: https://lirias.kuleuven.be/retrieve/518183
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    Cited by:

    1. Chise, Diana & Fort, Margherita & Monfardini, Chiara, 2019. "Scientifico! like Dad: On the Intergenerational Transmission of STEM Education in Italy," IZA Discussion Papers 12688, Institute of Labor Economics (IZA).
    2. Qiang Li & Jason F. Kovacs & Geun Hee Choi, 2021. "High-technology employment growth in China: geographic disparities in economic structure and sectoral performance," Economic Change and Restructuring, Springer, vol. 54(4), pages 1025-1064, November.

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