560,000 jobs are at risk. Unemployment is rising across the EU — Politico
This is according to Politico.
The European Commission is presenting a document containing economic and political recommendations for EU governments. They are most concerned about the scale of the economic challenges facing the bloc.
The Commission forecasts that rising energy prices in 2026 will put up to 560,000 jobs at risk. The sectors most affected are construction, metallurgy, the chemical industry and transport. According to Politico, this is linked to the war in the Middle East, “which shows no signs of ending”.
Furthermore, according to the European Commission, the unemployment rate in these countries will rise to 6% over the next two years. At least 600,000 jobs in Germany’s automotive sector, the publication claims, are at risk, as the production of new models suffers from fierce competition from China.
At the same time, EU employers report difficulties in finding workers with the right qualifications. As noted by the European Commission, in 2023 at least 68% of companies reported a shortage of skilled staff. In 2024, 77% of the firms surveyed said that labour and skills shortages were an obstacle to attracting investment.
“Europe’s competitiveness will not be built solely through technology or financial regulation. It (ed. — competitiveness) will be built by people, so that they can make a full contribution to our economies and societies,” said Roxana Minzatu, European Commission Vice-President for Skills.
As a reminder, it was previously reported that the Council of the EU had agreed on new rules for the deportation of illegal migrants.
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