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"The demand for skill, clearly, is growing faster than the supply that is coming from schools and colleges".
While technological and organisational changes are thought to be the primary source of the evolving demand for skill, it is typically held to be manifested in the asymmetric polarisation of employment.
Apart from the drop in aggregate labor demand, the economic crisis has also induced profound shifts in the relative demand for skill and the distribution of employment by industry.
Similar(57)
Different skills, and different demand for skills, are a fundamental cause of inequality.
Poor-quality apprenticeships reflect the lack of demand for skills beyond the basic level.
However, we require a far closer match between supply and demand for skills.
But one can't ignore the fact that educational attainment has failed to keep up with the demand for skills.
And the number of school leavers in OWL is dropping by 2% a year while demand for skills is rising.
As the developed world has gotten wealthier, global demand for skills and services — especially the higher-end ones — has risen.
"Now we've had the go-ahead to expand the electrified network, there's a greater demand for skills.
To keep pace with changes in demand for skills and to cut costs, I.B.M. is continually hiring for some jobs and trimming others.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com