17 Countries With Best Universities In Europe

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In this article, we will be looking at the 17 countries with the best universities in Europe. If you want to skip our detailed analysis of the global textile market, you can go directly to 5 Countries With Best Universities In Europe.

Employment Trends in Europe: An Overview

The European job market is changing swiftly. According to a report by McKinsey, the labor market across Europe is very diverse and varies with location. Almost 48 cities in Europe, including Amsterdam, London, and Paris, are at the epicenter of the labor market of the region. Since 2007, these cities have accounted for 35% of the total job growth in the region. These cities have also contributed 42% to the GDP growth and 40% to the population growth, during the same time. Almost 83% of the STEM graduates also come from these cities.

The digital transformation of industries is expected to impact the job market in the region. Automation is a central feature of the digital revolution. However, it poses a threat to certain jobs in Europe. It has been estimated that 53 million jobs could be potentially displaced because of automation across various industries in Europe. The threat to jobs is especially prevalent for workers who lack a tertiary-level education. About 21 million workers, who do not have a higher education, may have to change their occupations by 2030 in light of the changing environment.

As the incorporation of technology is expected to impact some jobs in the region negatively, it will also create jobs in other industries. The region is experiencing a surge in demand for workers in engineering and science fields. The demand for technology-related workers is also increasing with the penetration of the latest technologies in the industries. 50% of the job growth in Europe has been forecasted to be concentrated in the 48 cities from 2023 to 2030.

Leading European Companies

Shell PLC (NYSE:SHEL) is one of the most prominent companies in Europe. Shell PLC (NYSE:SHEL) is a multinational oil and gas company with its headquarters in London. On December 28, Reuters reported that Shell PLC (NYSE:SHEL) had signed a 5-year deal with Qatar for the supply of 18 million barrels of oil per year, by Qatar.

On November 2, Shell PLC (NYSE:SHEL) reported earnings for the fiscal third quarter of 2023. The company reported an EPS of $1.86 and generated a revenue of $76.35 billion, outperforming market consensus by $11.29 billion. As of December 28, the stock has gained over 18% on a year-to-date basis.

SAP SE (NYSE:SAP) is a notable European company. It develops software to assist businesses in their operations. On December 14, SAP SE (NYSE:SAP) announced its collaboration with PayPal Holdings Inc (NASDAQ:PYPL). SAP SE (NYSE:SAP) has created a digital payments plug-in. The plug-in has been built on the SAP Business Technology Platform. The plug-in will be available on the PayPal Braintree platform and customers will be able to manage their payments with ease using the new plug-in.