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:
🔹Poor access to services
🔹Lack of innovation
🔹Shrinking working-age population
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1615657228798726145
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.
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1615657233496383489
🔴 46 regions already experience a "talent development trap" - the decline of working age population and skills make it difficult to innovate and grow productivity
🟠 36 regions risk falling into this trap in future, since severely affected by the departure of younger population
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1615657235266371584
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.
🔹Learn more: https://europa.eu/!mc4MCd
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1615657237275627522
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.
🐦🔗: https://n.respublicae.eu/EUinmyRegion/status/1615657231759843330