Innovative Initiatives supports effort to better understand LU’s real-time skills needs
Luxembourg’s Employment Development Agency (ADEM) has published a comprehensive study that illustrates employment trends within IT, an area facing particularly high labor shortages.
ADEM partnered with the Chamber of Commerce, the Luxembourg Bankers’ Association (ABBL), the Digital Skills and Jobs Platform and Innovative Initiatives to produce the study.
In support of the Digital Decade skills objectives, the project leveraged ADEM’s database of job openings to illustrate the country’s IT employment landscape.
The majority of relevant IT professions fell under the following activities: information & communication; financial & insurance; & specialized, scientific & technical. The information & communication sector accounted for 42% of the total number of declared positions.
By comparing data on open positions in 2015 & 2022, the study reveals significant growth in IT vacancies. Five categories were identified in which businesses face particular difficulties in filling open positions:
1. Software engineering & development
2. Data analysis & data management
3. IT services & consulting
4. IT administration
5. IT security
In total, the number of vacant positions grew by 2.8 times from 2015 to 2022 (1,891 to 5,341 openings). The specialized, scientific & technical activities sector, which includes auditing, consulting & legal firms, experienced a particularly extreme rate of growth of +355%. The study also found that, since 2017, only 5–6% of IT jobs were offered as fixed-term contracts, much lower than the 13% average overall rate.
“This study gives us a clear picture of Luxembourg’s IT job landscape today, as well as its pace of change, ” explains Claudine Kariger, Senior ICT Policy Advisor, SMC. “We chose to support this effort because it helps measure the impact of new technological tools & job profiles on Luxembourg’s digital skills needs.”
Innovative Initiatives, part of the SMC, works to advance Luxembourg’s information society by focusing on five priority areas, including digital skills. Data policy, connectivity, new technology & media round out the rest of its priorities.
To provide context, the report ties in relevant trends related to society, technology, environment, economics, employment, training & regulation, including the pandemic, increased cybersecurity risks & new technologies.
In conjunction with this study, ADEM also unveiled jobinsights.lu, an up-to-date scoreboard of ADEM’s job vacancies organized by sector.