Powering Workforce Growth The European tech industry continues to power remarkable workforce growth, leading to a signiïcant acceleration Employment growth in European economy as a whole is stalling. The European in the rate of change in 2018. Europe's tech workforce grew 4% in 2018, up materially from 2.6% in 2017. More Commission’s latest forecast for 2018 employment growth implies a drop to just importantly, Europe's tech workforce is now growing at 3.6x the rate of employment growth in the European 1.1% year-on-year growth, a material decline from the level seen in 2017. economy as a whole EU employment growth, 2016-2018 1.5 1.5% LEGEND 1.3% EU employment YoY growth 1.1% ) % ( 1.0 h wt o r g Y o Y 0.5 0.0 2016 2017 2018 Note: Source: European Commission. European Commission It is worth comparing EU employment growth rate TECH WORKER POPULATION GROWTH to the remarkable worker population growth that powers the European tech industry. Europe’s tech worker population grew % 4% in 2018. 4 The French tech worker population is growing The French tech worker population is growing signiïcantly significantly faster than in Germany and the UK. faster than in Germany and the UK Tech worker population growth in France, Germany and the UK in 2018 France 7.3% LEGEND YoY tech worker population growth (%) in 2018 Germany 4.0% United Kingdom 3.3% 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 YoY growth (%) Note: Based on an analysis of sample pool of LinkedIn members and the difference between those in 2018 working in the Tech Source: Sector in each country from this sample pool. 15 In Partnership with & www.thestateofeuropeantech.com
![The State of European Tech - Page 15](/cdn-cgi/image/width=600,quality=80,format=webp/https://cdn.relayto.com/images_originals/5d4c440a32ba0.jpeg)