Help Wanted For Europe

While 15 million are registered as unemployed in the European Union, millions of jobs go begging for lack of qualified applicants

Since the age of steam, the European labor movement has mustered red flags and brass bands on May Day for a traditional show of strength. But this year, post-May Day, Europe faces a labor paradox that Karl Marx never foresaw. While 15 million people are registered as unemployed in the 15-nation European Union, millions of jobs still go begging for lack of qualified applicants.

It's taken a while, but Europe's leaders have begun to recognize the need for labor reforms along lines familiar in the U.S. They have started to talk about promoting lifelong learning, lowering taxes on labor and increasing...

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