Job Vacancies and Skill Mismatches in Europe

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This episode explores Europe’s labor market paradox: high unemployment alongside a shortage of skilled workers. With an average job vacancy rate of 2.1% in mid-2025, demand is strongest in northwestern Europe, while southern and eastern regions lag behind. We look at Germany’s leading role with over a million open positions, and how the growing gap between available skills and employer needs is straining businesses across the continent.