Is the EU losing its talent to the US?
A new CEPS study on IT professionals, based on data from the professional networking site LinkedIn, would tend to answer this question affirmatively. Migration and free movement have long been contentious issues within the EU, as demonstrated by the Brexit vote in June. At a CEPS event on June 30th to present the study, the advantages of high-skilled immigration were debated. The authors highlighted the finding that the EU should in fact be more concerned about too much high-skilled emigration. Looking at the movements of IT professionals, the study identified an IT talent loss of the EU to the US – not only in terms of quantity but also of quality. Recent, highly educated recent IT graduates are likely to leave the EU for the US. Within the European Union, net movements of IT professionals are substantial. Interestingly, the study shows the UK and Ireland to be large net beneficiaries of highly educated IT professionals from other EU countries. John Herlihy, LinkedIn Vice-President and Managing Director for EMEA (Europe, Middle East and Africa) and Ruth Paserman from the European Commission both stressed the importance of an adequate skilled labour force for the EU’s growth prospects, in particular when it comes to IT skills. There was broad agreement that big data sources can provide complementary insights into policy issues at the heart of both the (digital) skills agenda, labour mobility and complementary policy domains