Who is ERT? The contribution of ERT member companies to EU employment and wealth - ERT companies employ more than 2.6 million people directly in the EU, representing over five percent of employment in the three principal market economy sectors (manufacturing, utilities, and transport, storage and communication).
- Purchases by ERT companies sustain almost 2.9 million additional jobs indirectly and are estimated to induce a further 1.1 million jobs through the consumption spending through direct and indirect employment. ERT companies thus support a total of around 6.6 million jobs in the EU.
- Almost half of all direct employment in these companies is in the most demanding and high-skilled occupational categories. This is reflected in above-average wage cost in ERT companies.
- ERT companies account for around 14 percent of all EU R&D spending, equivalent to 23% of all R&D spending by the EU business community. ERT companies employ 200,000 researchers in 550 research centres in the EU, equivalent to 11 percent of all researchers working in the EU and 28 percent of all researchers working in business.
- An estimated additional €150bn was generated indirectly (via bought-in goods and services and capital expenditure), bringing the total contribution of ERT companies to EU GDP to over €395 billion, exceeding the GDPs of 21 individual EU Member States.
Source: ERT Study on EU Growth and Jobs, May 2008
|
|