Investing in the future of jobs and skills: Financial services - Sector report

Report
Updated
21 September 2009
Published
21 September 2009
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  • Download full reportPDF
Executive summary

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Abstract

In 2007, 5.6 million persons were employed in EU27 financial services. 65% of these worked in banks, 20% in the insurance industry and 15% for intermediaries. The sector represented 2.7% of total employment in Europe. Between 2000 and 2006, data from the Labour Force Survey shows a shift of occupational structure from medium-skilled persons to highly-skilled persons. The need for a highly educated and trained workforce appears to be evident in all parts of the financial services sector and all European countries. A report summary is available - see Related content.

  • Full report

    Reference No: 
    EF0958
    Catalogue info

    Investing in the future of jobs and skills: Financial services - Sector report

    In 2007, 5.6 million persons were employed in EU27 financial services. 65% of these worked in banks, 20% in the insurance industry and 15% for intermediaries. The sector represented 2.7% of total employment in Europe. Between 2000 and 2006, data from the Labour Force Survey shows a shift of occupational structure from medium-skilled persons to highly-skilled persons. The need for a highly educated and trained workforce appears to be evident in all parts of the financial services sector and all European countries.

    Available formats

    • Download full reportPDF
  • Executive summary

    Reference No: 
    EF09581
    Catalogue info

    Investing in the future of jobs and skills: Financial services - Executive summary

    In 2007, 5.6 million persons were employed in EU27 financial services. 65% of these worked in banks, 20% in the insurance industry and 15% for intermediaries. The sector represented 2.7% of total employment in Europe. A report is published as part of a series of forward-looking sector studies on new skills and new jobs - see Related content.

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