The aim of the article is to analyse the extent to which the participation of students in learning mobility projects on the example of the Erasmus+ programme influences the improvement of their individual skills desired from the perspective of the labour market. The paper features an introduction that outlines the background to educational mobility. Susequently, historical context of learning mobility in Europe and the process of internationalisation of universities are presented as one consequence of the globalising labour market. In the next part of the paper, Erasmus+, i.e. the best-known programme promoting academic mobility in Europe, was presented. The final part contains a review of research on the competences of beneficiaries of learning mobility projects, supported by statistical data, and an att empt to draw a link between participation in student exchange and the chances of finding satisfactory employment after graduation. The basic research methods were literature review and analysis of statistical data, as well as available reports on the relationship between student mobility and competence development. The author refers to the results of studies carried out by the experts of the European Commission entitled Erasmus Impact Study (2014) and research reports of Foundation for the Development of the Education System Is mobility the key to a successful career? Tracer study report on vocational learners with transnational mobility experience (2018), Erasmus… and what next? Tracer study on education and careers of Polish students participating in Erasmus mobility projects (2019). Reports and expert studies on student mobility, such as: Flash Eurobarometer, Eurodata Student Mobility in European Higher Education i Mapping Mobility in European Higher Education constituted sources of statistical data. The analyses show that graduates with foreign mobility experience develop a number of characteristics and skills which increase their employability and career opportunities.