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Getting Skills Right: Australia

image of Getting Skills Right: Australia

The costs of persistent misalignment between the supply and demand for skills are substantial, ranging from lost wages for workers to lower productivity for firms and countries. Addressing skills imbalances has become a pressing priority as OECD governments reflect on the implications of technological progress, digitalisation, demographic change and globalisation for jobs and work organisation. In light of these challenges, the OECD has undertaken new research to shed light on how countries measure changing skill needs while ensuring that employment, training and migration institutions are responsive to the emergence of new skill requirements. The Getting Skills Right in Australia review offers an in-depth analysis of the existing skill assessment and anticipation system in Australia, and makes recommendations for how it could be further improved. In addition to providing a summary of the state of skill imbalances in Australia, the report provides an assessment of practices in the following areas: i) the collection of information on existing and future skill needs; ii) the use of skill needs information to guide policy development in the areas of employment, education and training, and migration; and iii) the effectiveness of governance arrangements in ensuring strong co-ordination among key stakeholders in the collection and use of skill needs information.

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Building tools to assess and anticipate skill needs in Australia

Skill assessment and anticipation exercises are carried out in every OECD country, but the approaches used vary and each has its advantages and disadvantages. This chapter first provides an overview of the main tools for assessing and anticipating skill needs in Australia, both at the national and sub-national levels. It then reviews the methodological challenges associated with each exercise and discusses steps that Australia has taken to address these challenges. The third section analyses the policy relevance of the information produced and the fourth section focuses on how SAA information is disseminated.

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