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3/10/07

NYT: Some Sectors in Europe Face a Labor Shortage - by CARTER DOUGHERTY

For the complete report from the New York Times click on this link

Some Sectors in Europe Face a Labor Shortage - by CARTER DOUGHERTY

Ms. Margot, the director of human resources for Soitech, a fast-growing French manufacturer of semiconductors, has created a Web site that lets managers identify and recruit engineers directly, bypassing her own office for the sake of efficiency. And she is bringing in people from outside France — indeed, outside Europe — to plug the gaps.

For a continent where high unemployment has defined economic life for much of the last three decades, it may seem counterintuitive that Europe could be facing a labor shortage. But that is very much the case across important swaths of the European economy, as reflected in surveys and interviews with executives.

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