The Metal, Engineering and Tech-based (MET) industries have experienced an unprecedented crisis in recent months. Huge numbers of workers are in short term unemployment and the number of jobs that are in danger of being lost is substantial. With the European Commission's ASGS strategy being published, this position paper takes stock and looks forward.
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- Ceemet estimates that 6 million of the over 17 million directly employed workers in its sector were in short term unemployment due to the economic lockdowns in the EU Member States.
- The number of workers in short time work are considerably higher than during the 2008/2009 crisis.
- Ceemet estimates that in the 18 months from June 2020 to December 2021, 1 million jobs are in danger of being lost due to the current crisis and its economic effects.