From 26 till 29 October 1986 the second Europhysics Study Conference on the Employment of Physicists in Europe was held in Bad Honnef (FRG). A wealth of data, published in the proceedings of this study conference [5] was collected about Education, Recruitment and Employment of physicists in 15 European countries. At the conference these data were compared and discussed. The main conclusions of this study conference were:
(i) in future there should and can be much better data than presented at this Europhysics study conference;
(ii) there is no significant unemployment of physicists in Europe;
(iii) due to demographic reasons there will be a shortage of physicists at the end of the century all over Europe;
(iv) in the lesser developed countries of Europe the employment situation compared to that presented at the 1981 Erice study conference, has been much more improved than foreseen at the Istanbul meeting [4];
(v) in the near future there will be a shortage of physics teachers in the secondary schools (already imminent in the UK), which will affect the future production of physicists;
(vi) as European industries will continue to hire physicists at a constant rate, due to the reduction of physics students, a shortage of University research physicists is foreseen.