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Résumé
This is the sixth report from the EC on the competitiveness of European industry. It extends the scope of analysis from the fifth report, taking into account human capital (the set of skills which an employee acquires on the job, through training and experience, and which increase that employee's value in the marketplace) in European economic and productivity growth and productivity performance in European services. Two in every three jobs are now situated in the service sector, but the changing nature of labour demand in the EU are in skill content, as opposed to the sectoral location of employment growth. Between the years 1995-2000 employment was largely confined to jobs for medium- and highly skilled workers, for which demand is still high. Demand for such workers has outstripped supply, which seems to be a general trend across the EU. The five chapters examine productivity growth as it relates to human capital and EU services; the convergence of the EU's enterprise and competition policies and sustainable development in the EU manufacturing industry.
