stem jobs are pretty much hard to come by , theres very little job market even in the states for fresh graduates, hence the unemployment problems, since alot of people go for CS, psych, bio/biotech(not nursing or teach). most of the current ones are looking for phd with experience, and everyones only looking for graduate degrees, because most employers rather not spend money/time to train a fresh graduate on low level work(very lazy), this is a catch22. there are jobs out there for undergrads, but its quite limited.

We're doing our best to seize this moment and offer exactly that. Funds have been strategically released to benefit from this.

EU and countries (national funds or direct budgets) do have plans to invest in certain industries with perhaps more emphasis on manufacturing (which includes the war industry).
The plans are there & the funding discussions too (eg how to get financial industry like pension funds to invest).

The big questions surround the big investments, like chip & (atm*) battery production (it makes sense to have one or a few big investments, but not like 10s od high-end chips manufacturers).

*battery manufacturing should at some point become an ezv standard, but not that soon