The NTUA team has prepared the second WP1 report which discusses the MRAs' employability capabilities for the SIRIUS economies. The report has been recently upoloaded on the SIRIUS website and builds on the VAR/GVAR and Input-Output (IO) models, respectively. The first part of the report identifies the "labour absorbing" economies (GVAR) and sectors (VAR), for the SIRIUS economies.The second part of the report, which builds on relevant IO methods, could increase MRAs employability and optimize their integration process. According to the IO model used, the employability potential of MRAs for each economy is determined according to the employment features of the specific economy and the educational level of MRAs.
A main finding of the report is that the aggregate output of the UK has a statistically significant effect on the aggregate labour dynamics of the Czech Republic, Finland and Switzerland. This could be attributed to the strong interconnection between the UK and these economies mainly in terms of trade and financial relations. Another interesting finding is that the economies of the UK, Switzerland, Finland and the Czech Republic could be considered as being “labour absorbing”. In these economies any potential future migration flows have increased potential of being integrated into their labour markets. Next, at a sectoral level, another main finding is that the economies of Switzerland and Greece have the highest “labour absorbing” capability for MRAs in the sense that all their sectors are characterized as being “labour absorbing”. Then, the economies of Finland and the Czech Republic have three labour absorbing sectors namely Primary, Secondary and Manufacturing for Finalnd and Primary Secondary and Tertiary for Czech Republic, whereas Denmark presents two i.e. Primary and Secondary sectors and the UK only one labour absorbing sector i.e. Primary Sector, respectively. It should be noted that, with the exception of Italy, the primary sector in all the economies could be considered as being “labour absorbing”. This fact implies that in most economies there is a dire need for labourers in the Agriculture, Forestry, Fishing and other related activities sector. Finally, another interesting finding is the fact that the secondary sector is considered to be “labour absorbing” for all the SIRIUS economies with the exception of Italy and the UK, whereas the manufacturing and tertiary sectors are considered to be “labour absorbing” for three out of seven SIRIUS economies i.e. Switzerland, Czech Republic and Greece .In other words, the econometric investigation undertaken at the sectoral level, with the results presented previously, showed that the the SIRIUS economies have the capacity to reallocate their labour force between the various economic sectors in a way that would lead an increase to their industrial production. Therefore, the MRAs that are integrated in the labour force of each economy have increased potential of being emplyoyed to the specific sectors described above.
Now, as far as the second part of the report is concerned, significant diversity among the sectors and the occupations of the examined countries that boost economic growth was evident. This diversity is driven by the countries’ different specialization patterns and structural characteristics, which are present in the labour market features. Based on the report findings, in the Czech Republic the occupations with high employability potential are in the categories of elementary occupations, craft and related trades workers and clerical support workers. In Denmark the occupations with high employability potential can be found in a wide range of occupations. such as craft and related trades workers, clerical support workers, service and sales workers. In Greece, the occupations with high employability potential are in the categories of skilled agricultural workers, plant and machine operators and assemblers and elementary occupations. In Switzerland, the occupations with high employability potential are in the categories Clerical support workers, Plant and machine operators and assemblers and Elementary occupations. In the United Kingdom, the occupations with high employability potential are in the categories of professionals, technicians and associate professionals and clerical support workers. In Finland, MRAs integration potential is found in the services sectors and in the occupational categories of Craft and related trades workers, Skilled agricultural, forestry and fishery workers and Professionals. In Italy, MRAs integration potential is found in manufacturing, services and primary sectors and in the occupational categories of Clerical support workers, Service and sales workers and Professionals. All things considered, the uneven structure of each economy’s labour market dictates the use of tailor made policy actions that would differ considerably from country to country, depending on the inherent characteristics of each economy.
To read the full report, please click here.