EC acts to close hi-tech skills gap with the US

first_img Comments are closed. Previous Article Next Article EC acts to close hi-tech skills gap with the USOn 29 Feb 2000 in Personnel Today This week’s international news in brief• The European Commission has launched a strategy to narrow the hi-techskills gap between Europe and the US. It issued a frank admission that”the next generation of workers could lack the necessary skills to meetthe demands of the knowledge economy”. It estimates that the number ofunfilled job vacancies in the information sector could reach 1.6 million by2002, even though there is still high unemployment in the EU. In 2010, half ofall jobs will be either major producers or users of IT products and services,such as e-commerce, the commission anticipates.The report calls on member state governments to:• Link all schools to the Internet by 2002.• Provide all employees with access to learn information skills.• Adapt equipment to improve the employability of people with disabilities.• Introduce tax regimes which encourage start-up US staff feel bitter wind of stock market falls• Stock market declines have exposed the risks of increasing employee shareownership, reports from the US reveal. Food giant Kellogg has seen its stockfall 45 per cent since October 18, and some of its employees have put theirentire savings into shares in the company. At the Union Pacific Railroad, staffhave seen savings drop by a similar amount. A report by the Society for HumanResource Management indicates that some staff feel disillusioned with theexercise but others say staff share ownership is a stimulus to help turn thecompany around. An estimated one-third of US households own some type ofequity, according to trade group the Securities Industry Association. The mostcommon form of stock is held in the company for which the individual Related posts:No related photos.last_img

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