24/07/2018 (Agence Europe) – The European economy loses more than 5% of productivity each year due to a mismatch between workers’ skills and the needs of the labour market, according to a study by the Institute for Market Economics (IME) commissioned by the European Economic and Social Committee (EESC) published on Tuesday 24 July. The study says this amounts to a loss of 80 eurocent for each hour worked. The professions worst-hit are IT and communications, physicians and, more generally, the domains of science, technology and engineering. The phenomenon also affects teachers, nurses and midwives. The trend is getting worse due to the demographic decline and developments in technology, say the authors. The full study can be found at: https://bit.ly/2Lix5Ia . (PH)