How Useful is the Concept of Skills Mismatch?

How Useful is the Concept of Skills Mismatch? PDF Author: Seamus McGuinness
Publisher:
ISBN:
Category : Human capital
Languages : en
Pages : 32

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Book Description
The term skill mismatch is very broad and can relate to many forms of labour market friction, including vertical mismatch, skill gaps, skill shortages, field of study (horizontal) mismatch and skill obsolescence. In this paper we provide a clear overview of each concept and discuss the measurement and inter-relatedness of different forms of mismatch. We present a comprehensive analysis of the current position of the literature on skills mismatch and highlight areas which are relatively underdeveloped and may warrant further research. Using data from the European Skills and Jobs Survey, we assess the incidence of various combinations of skills mismatch across the EU. Finally, we review the European Commission?s country specific recommendations and find that skills mismatch, when referring to underutilised human capital in the form of overeducation and skills underutilisation, receives little policy attention. In cases where skills mismatch forms part of policy recommendations, the policy advice is either vague or addresses the areas of mismatch for which there is the least available evidence.

How Useful is the Concept of Skills Mismatch?

How Useful is the Concept of Skills Mismatch? PDF Author: Seamus McGuinness
Publisher:
ISBN:
Category : Human capital
Languages : en
Pages : 32

Get Book Here

Book Description
The term skill mismatch is very broad and can relate to many forms of labour market friction, including vertical mismatch, skill gaps, skill shortages, field of study (horizontal) mismatch and skill obsolescence. In this paper we provide a clear overview of each concept and discuss the measurement and inter-relatedness of different forms of mismatch. We present a comprehensive analysis of the current position of the literature on skills mismatch and highlight areas which are relatively underdeveloped and may warrant further research. Using data from the European Skills and Jobs Survey, we assess the incidence of various combinations of skills mismatch across the EU. Finally, we review the European Commission?s country specific recommendations and find that skills mismatch, when referring to underutilised human capital in the form of overeducation and skills underutilisation, receives little policy attention. In cases where skills mismatch forms part of policy recommendations, the policy advice is either vague or addresses the areas of mismatch for which there is the least available evidence.

Skills and Jobs Mismatches in Low- and Middle-income Countries

Skills and Jobs Mismatches in Low- and Middle-income Countries PDF Author: Paul Comyn
Publisher:
ISBN: 9789221315612
Category : Developing countries
Languages : en
Pages : 193

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Book Description


Skill Mismatch in Labor Markets

Skill Mismatch in Labor Markets PDF Author: Solomon W. Polachek
Publisher: Emerald Group Publishing
ISBN: 1787149218
Category : Business & Economics
Languages : en
Pages : 476

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Book Description
This volume contains original research articles which analyze the linkages between education and skills and the causes and consequences of different types of skill mismatch. The volume yields new insights regarding overeducation, underskilling, graduate jobs, wages returns to skills, aggregate productivity, job complexity and skill development.

Why Good People Can't Get Jobs

Why Good People Can't Get Jobs PDF Author: Peter Cappelli
Publisher: University of Pennsylvania Press
ISBN: 1613630131
Category : Business & Economics
Languages : en
Pages : 109

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Book Description
Peter Cappelli confronts the myth of the skills gap and provides an actionable path forward to put people back to work. Even in a time of perilously high unemployment, companies contend that they cannot find the employees they need. Pointing to a skills gap, employers argue applicants are simply not qualified; schools aren't preparing students for jobs; the government isn't letting in enough high-skill immigrants; and even when the match is right, prospective employees won't accept jobs at the wages offered. In this powerful and fast-reading book, Peter Cappelli, Wharton management professor and director of Wharton's Center for Human Resources, debunks the arguments and exposes the real reasons good people can't get hired. Drawing on jobs data, anecdotes from all sides of the employer-employee divide, and interviews with jobs professionals, he explores the paradoxical forces bearing down on the American workplace and lays out solutions that can help us break through what has become a crippling employer-employee stand-off. Among the questions he confronts: Is there really a skills gap? To what extent is the hiring process being held hostage by automated software that can crunch thousands of applications an hour? What kind of training could best bridge the gap between employer expectations and applicant realities, and who should foot the bill for it? Are schools really at fault? Named one of HR Magazine's Top 20 Most Influential Thinkers of 2011, Cappelli not only changes the way we think about hiring but points the way forward to rev America's job engine again.

Skills Mismatch

Skills Mismatch PDF Author: Seamus McGuinness
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The term skills mismatch is very broad and can relate to many forms of labour market friction, including vertical mismatch, skill gaps, skill shortages, field of study (horizontal) mismatch and skill obsolescence. In this paper, we provide a clear overview of each concept and discuss the measurement and inter-relatedness of different forms of mismatch. We present a comprehensive analysis of the current position of the literature on skills mismatch and highlight areas which are relatively underdeveloped and may warrant further research. Using data from the European Skills and Jobs Survey, we assess the incidence of various combinations of skills mismatch across the EU. Finally, we review the European Commission's country-specific recommendations and find that skills mismatch, when referring to underutilized human capital in the form of overeducation and skills underutilization, receives little policy attention. In cases where skills mismatch forms part of policy recommendations, the policy advice is either vague or addresses the areas of mismatch for which there is the least available evidence.

The Skill Approach in Education

The Skill Approach in Education PDF Author: Mehmet Serdar Erciş
Publisher: Cambridge Scholars Publishing
ISBN: 152751546X
Category : Juvenile Nonfiction
Languages : en
Pages : 521

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Book Description
Today, information and technological developments grow at a rapid pace. Social and political life becomes more and more complicated and, in this process, active citizenship becomes more essential. Knowledge-driven changes in society and economies require individuals to quickly acquire new skills. Otherwise, it is increasingly difficult for employees to adapt to business life and to find a job. Education has to take account of these circumstances, adapt to the rapid developments in the world and educate individuals to continue lifelong learning. For this, skills such as active and independent learning, assertiveness, creativity, self-improvement, lifelong learning are important. Skill teaching differs from knowledge teaching. Skill is the transfer of knowledge to practice. This process involves a learning process that requires the steps of researching, planning, controlling and correcting. The knowledge should be organized, integrated, transferred into practice, mental and physical resources should be activated, and knowledge use should be demonstrated in practice in order to improve the skill. This book contributes to the teaching of skills and includes basic concepts and skills, language skills, science and mathematics skills, psycho-social skills and visual arts skills. It also explains how to teach skills, how to prepare for activities and how to implement activities in educational settings. These applications are intended to draw attention to skill teaching, to raise educators, to increase the success of education, to improve the skills of students, and to enable them to use the skills they have learned in school outside of school and in complex tasks.

Mismatch Unemployment

Mismatch Unemployment PDF Author: Aysegul Sahin
Publisher:
ISBN: 9781457838200
Category : Economics
Languages : en
Pages : 79

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Book Description
We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new database covering the universe of online U.S. job advertisements. Mismatch across industries and occupations explains at most 1/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share of the rise in unemployment explained by occupational mismatch is increasing in the education level.

The Oxford Handbook of Skills and Training

The Oxford Handbook of Skills and Training PDF Author: Chris Warhurst
Publisher: Oxford University Press
ISBN: 0199655367
Category : Business & Economics
Languages : en
Pages : 769

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Book Description
Skills and workforce development are at the heart of much research on work, employment, and management. But are they so important? To what extent can they make a difference for individuals, organizations, and nations? How are the supply and, more importantly, the utilization of skill, currently evolving? What are the key factors shaping skills trajectories of the future? This Handbook provides an authoritative consideration of issues such as these. It does so by drawing on experts in a wide range of disciplines including sociology, economics, labour/industrial relations, human resource management, education, and geography. The Handbook is relevant for all with an interest in the changing nature - and future - of work, employment, and management. It draws on the latest scholarly insights to shed new light on all the major issues concerning skills and training today. While written primarily by leading scholars in the field, it is equally relevant to policy makers and practitioners responsible for shaping the development of human capability today and into the future.

EIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe

EIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe PDF Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286142714
Category : Business & Economics
Languages : en
Pages : 87

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Book Description
Labour markets are undergoing structural transformation due to globalisation, demographic trends, advancing digital technologies and automation and changes in labour market institutions. Against this background, businesses increasingly report that the limited availability of skills poses an impediment to corporate investment. Genuine skill constraints can negatively affect labour productivity and hamper the ability to innovate and adopt technological developments. For individual Europeans, not having "the right skills" limits employability prospects and access to quality jobs. For Europe at large, persistent skill gaps and mismatches come at economic and social costs. This paper reviews the recent economic literature on skill mismatch and skill shortages, with a focus on Europe. It questions: how the job requirements of individuals can be measured; whether skill shortages stated by employers reflect the lack of suitable candidates or are due instead to the wage and working conditions being offered; what economic costs are posed by skill mismatch and shortages; and how policy can address the issue of skills, including the role of EU policies.

Rewards to skill supply, skill demand and skill match-mismatch

Rewards to skill supply, skill demand and skill match-mismatch PDF Author: Richard Desjardins
Publisher: Lund University
ISBN: 9174738771
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
This book is a collection of three independent but closely related studies. The focus is on the potential causes of skill mismatch, the extent of skill mismatch, the socio-demographic make-up of skill mismatch, and the consequences of skill mismatch in terms of earnings as well as employer sponsored adult education/training. A distinction is made between skill mismatch and education mismatch. All three studies use data from the Adult Literacy and Lifeskills Survey (ALLS) to investigate the relationships between select outcomes and skill supply-demand characteristics as well as their interactions which materialize into skill match-mismatch situations. The dataset contains direct measures of literacy skills as well as measures of the use of these skills at work which allow for a direct measure of literacy match-mismatch. The analysis points to the complex ways in which mismatch is generated and the need for an accurate and up to date measure of mismatch, one that reflects the possibilities for skill gain and skill loss over the lifespan, and reflects differences in the quality of qualifications. It also emphasizes that addressing mismatch requires a careful consideration of both the demand and supply sides of the labour market, so as to understand better the variety of factors which may have a negative impact on the effectiveness of skill formation, skill maintenance, and also skill use. Among the key findings: Skill demand characteristics appear to be as important as skill supply characteristics in explaining observed variation in earnings. There is a substantive association between the requirement to read at work and earnings, which is independent of whether individuals have high or low levels of literacy proficiency. Premiums associated with literacy skills are strongest in occupation types where they are most relevant, but premiums associated with the requirement to use those skills are nevertheless found to be strong within all occupational groups. The requirement to read at work seems to have a strong association with the incidence of participation in employer supported adult education/training. This has important implications for understanding better the relationship between how work is organized and the decision to further invest in human capital.