Between 2014 and 2017 the Metal, Engineering and Technology-based industries (MET) were recovering slowly and experienced four years of output growth and the creation of 1,25 million new jobs. During that 4-year period the output-related economic indicators again reached the level they had reached in 2007 and 2008: e.g. production, exports and sales. After difficult years followed by stagnation, the recovery is ongoing.
An indicator for that recovery is job creation: 1,25 million new jobs between 2013 and 2017. And the figure continues to develop positively.
But the consequences of the financial crisis, the Euro crisis, and also budget policy restrictions are still present. E.g. the very low productivity growth compared to the long run historical average. In 2016 this rate was equal to 0,0%.
An other risk to productivity growth is the shortage of Science, Technology, Engineering & Mathematics (STEM) workers and digital skills. The technology and industry companies are a sector of high-skilled and quality jobs, with high wages. However, the attractiveness of the sector seems not to get across.