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82 #EURegions face a talent trap.
Yesterday we presented the Talent Booster Mechanism to train, retain and attract talent, while addressing the main challenges these regions face:
Talent Development Trap occurs in #EURegions where there are not enough skilled workers and graduates to offset the impact of the shrinking working-age population.
Higher productivity and innovation, and thus skilled workers, are needed to cope with this contraction.
The lack of economic dynamism & innovation leading to a low demand for skills could seriously hamper the competitiveness and growth potential of #EURegions.
We identified two categories of regions affected by this risk, representing 30% of #EUpopulation.
If left unaddressed, this process will trigger new territorial disparities as regions age and fall behind in terms of size and skills of their workforce.
#CohesionPolicy -with its place based approach- will address and tackle these trends.