1887

Getting Skills Right: Skills for Jobs Indicators

image of Getting Skills Right: Skills for Jobs Indicators

This report describes the construction of the database of skill needs indicators, i.e. the OECD Skills for Jobs Database, and presents initial results and analysis. It identifies the existing knowledge gaps concerning skills imbalances, providing the rationale for the development of the new skill needs and mismatch indicators. Moreover, it explains the methodology used to measure skills shortage, surplus and mismatch, and provides key results and insights from the data.

English

.

Skill for jobs indicators: Data overview and analysis

The OECD Skills for Jobs Database provides crucial information to understand better how ongoing shifts in societies and labour markets are changing the demands for different sorts of skills, knowledge and abilities. The results of the database, presented in this chapter, show that technical and technology-intensive skills are becoming increasingly more important while more traditional and less technology-intensive skills are increasingly in surplus. Consistent with the literature on labour market polarisation, the results suggest that abstract and soft skills are more in demand than routine skills, and this gap has increased over recent years. Population ageing has resulted in stronger demands for healthcare services, as evidenced by shortages in care-related skills. Increased female labour market participation and population ageing have changed the composition of the skill supply. The results also suggest that countries where the skill gap between young and older workers is bigger face stronger shortages of key information-processing skills. Finally, this chapter shows that there are big differences in mismatch between countries, but also between workers with different socio-economic and job characteristics within countries.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error