In recent years, several EU initiatives have been launched with the aim of supporting the development of citizens' skills as well as improving education and training systems so that they are better able to respond to the needs of the economy and society. This document summarises the information received from 25 Eurydice National Units (representing 24 countries) in the framework of the 2010 "New Skills for New Jobs" consultation. No information is available from Belgium (French and German-speaking Communities), Bulgaria, France, Lithuania, Luxembourg, Portugal, Liechtenstein and Turkey. Where relevant and appropriate, reference to the information provided within the 2008 reporting exercise is also included. The summary report is divided into four sections. The first section focuses on recent national initiatives in the area of forecasting and matching skills with the demands of employers. It looks at the development of methods, approaches and tools for forecasting the skills that will be required, and it provides examples of range of measures taken to ensure that available human resources match labour market needs. The second section provides information on the institutional mechanisms required to forecast and address the demand for skills. This includes arrangements to ensure that the results of work on the identification and analysis of skills is fed into the planning and design of education and training systems. The third section offers concrete examples of policy initiatives and education reforms introduced in response to labour market needs. This section illustrates the current European trends towards skills, competences and learning outcomes in various aspects such as curriculum design, teacher training and assessment. While certain initiatives and measures have various dimensions and purposes, institutional aspects (second section) and the content of educational reforms (third section) are discussed separately in this summary. Finally, the last section focuses on the impact of the recent economic crisis on education systems and on the transition of young people from school to the labour market. (Contains 29 footnotes.)