This report looks at skills mismatches in the economy and their potential effect on employers, individuals and others. Mismatches are the failure of skill supply to meet demand.
There are a number of key questions that the research aims to shed light upon.
• How are skill mismatches to be measured?
• What evidence exists on the existence and extent of skill mismatches?
• What skill mismatches have been identified?
• What has been the impact of the observed mismatches?
• In particular, how have employers responded to skill mismatches?
The study has adopted a mixed methods approach, comprising:
• A review of the literature on skill mismatches (including methodological considerations and evidence on the extent of mismatches).
• A review of existing data and statistical analysis of data on potential mismatches with an exploratory assessment of the occupations that are most likely to be associated with skill mismatches (shortages and surpluses).
• Employer case studies in the ICT, construction, and engineering.