Europe’s Silicon Valley? The Netherlands’ High-Tech Startup Scene Means More Jobs For MBA Students

The Netherlands’ Maastricht School of Management has ramped up its focus on technology, and its MBA students are reaping the rewards Meilinda Girsang was a serial entrepreneur in her native Indonesia. Still, she knew that she needed more business knowledge to take her career forward.

After a recommendation from a friend, she sold her business assets and applied for a full-time MBA at Maastricht School of Management (MSM) in the Netherlands; thousands of miles from home.

“I did my research and saw that the MSM MBA is one of the best in the Netherlands,” Meilinda explains. “The Netherlands is a very good location for an MBA. It’s very economically stable and it’s one of the best countries to start a business in.”

Which EU countries have the longest working weeks?

At 42.3 hours, Greece has the longest working week, while the Netherlands has the shortest at 30.3 hours.

The average working week was 37.1 hours in 2016, but goes up to 40.3 hours when only full-time work is considered.

When only full-time employees were taken into account, those in the United Kingdom spent the most time at work (42.3 hours), followed by Cyprus (41.1 hours), Austria (41.4 hours) and Greece (41.2 hours).

Denmark (37.8 hours), Italy (38.8 hours), the Netherlands and France (39 hours) have the shortest full-time working weeks. Read more here→

Commission report: Employment and social situation in the EU continues to improve

Brussels, 12 February 2018

 Backed by a robust economic growth, employment in the EU continued to rise more strongly than expected in the third quarter of 2017, while unemployment figures declined further according to the latest Quarterly Review on Employment and Social Developments in Europe.

Marianne Thyssen, Commissioner for Employment, Social Affairs, Skills and Labour Mobility, commented: “Growth is back in Europe. Employment in the EU reached the highest level ever recorded with more than 236 million people in jobs. And unemployment is steadily declining. We should make the most of this positive economic momentum and deliver on new and more effective rights for citizens that we laid down in the European Pillar of Social Rights: fair working conditions, equal access to the labour market and decent social protection. Now is the time to make sure all citizens and workers can benefit from these positive evolutions on the labour market.” Read more here→

Urgent delivery: The EU must make good on its social promises – and quickly

Unless the so-called European Pillar of Social Rights translates into action to improve the lives of European workers – many of them still suffering from the impact of a decade of austerity – all the talk will have been a waste of time.

We know that ways of working are changing faster than the rules can keep up. A recent study by the Organisation for Economic Cooperation and Development (OECD) found that some 9 percent of jobs could be lost through automation.

In January we helped organise the start of a European dialogue between online platform operators and workers because hundreds of thousands of people in Europe are now isolated and dependent on unprotected and precarious jobs in the gig economy for their livelihood. They need access to information about their employers and conditions of work.

“Hundreds of thousands of people in Europe are isolated and dependent on precarious jobs in the gig economy. They need access to information about their employers and conditions of work.” Read more here→

Business Warns Referendum Law Debate May Lead to Possible Czexit

Businesses in the Czech Republic are fretting over a debate about a new referendum law, warning it has the potential to trigger a vote on a Brexit-style departure from the European Union that would devastate the economy.

A week of speculation from newspapers — the main business daily Hospodarske Noviny led its entire front page with the headline “How Much Would Czexit Cost?” — has sown dread among investors who worry that falling out of the EU would hammer an export-driven economy. Even though the Czechs sell 84 percent of their goods to the rest of the 28-member bloc, the country is the most eurosceptic EU nation after Greece.  Read more here→

Rise of the Machines?


Companies across Eastern Europe are ramping up investments in automation to cope with a labor shortage after final curbs were lifted in 2011 on worker flows to richer countries in the European UnionRead more here→

Romania is the most exposed country in the EU when it comes to the number of employees who risk being replaced by robots in the future – over 60 percent of jobs are threatened by technology. The European Parliament adopted a resolution asking the European Commission to propose measures which would maximise the economic benefits of these technologies and, at the same time, guarantee a standard of security. Some proposals have included the idea of placing an extra tax on companies that replace humans with robots. Read more here→

New Report Claims Czech Republic Has Lowest Inequality in EU

While global inequality has declined significantly over the past three decades, the gap between the real incomes of the young and the elderly remains significant. This is one of the key findings of a new report published by the IMF: Inequality and Poverty Across Generations in the European Union.
According to the report, the risk of poverty increased significantly for the young and, to a lesser extent, for the rest of the working age population, while it declined sharply for the elderly. The crisis exacerbated preexisting high youth unemployment and a trend toward less stable jobs, reaching macroeconomic proportions in several European economies. Read more here→

Euro-Area Companies Boost Jobs as Output Nears 12-Year High

A composite Purchasing Managers’ Index rose to 58.8 in January from 58.1 in December, IHS Markit said. That unexpectedly beat the previous flash estimate of 58.6, with the revision driven mainly by better-than-expected momentum in the service sector, led by Germany.


“The strong upturn is also broad-based, which adds to the potential for the growth to become more self-sustaining,” said Chris Williamson, chief business economist at IHS Markit. “If such impressive numbers continue to be seen in coming months, expect policymakers to sound increasingly hawkish.” Read more here→

Start-ups get funding boost as EU to provide €30m to entrepreneurs European Investment Fund agrees deal with Microfinance Ireland to back 2,100 firms

The European Investment Fund, whose aim is to back so-called ‘micro-enterprises,’ has signed an agreement with the State-backed not-for-profit Microfinance Ireland to support more than 2,000 Irish start-ups over the next five years.

A microenterprise is defined as a company with fewer than 10 employees and an annual turnover of less than €2 million.

Chief executive Garrett Stokes estimated that the new agreement would help it create and sustain more than 4,000 jobs over the next five years. Read more here→

New Research: Women Aren’t Paid Less Because They Have More Flexible Jobs

Some argue that the low pay for women is justified by the fact that ‘women’s work’ is generally less strenuous/hazardless work compared to men’s work, and that, in exchange for lower wages, they have better working conditions—especially those that allow a better work-life balance. Some well-meaning scholars argue that women sometimes forego higher pay to have that flexibility in their jobs—an argument sometimes extended to suggest that women voluntarily “choose” lower paying jobs to facilitate their “life choices”—read: to take care of children.

It is true that women tend to work part-time more than men, but this doesn’t mean they’re actually being given the flexibility to set their schedules at work, either in part-time or full-time jobs. Read more here→