Definition of «skills gap»

The term "skills gap" refers to a situation where there is a difference between the skills that employees have and the skills that are required for a job. This can occur due to various reasons such as rapid technological advancements, changes in industry demands or shifts in workforce composition. As a result, employers may struggle to find workers with the necessary qualifications, while employees may face challenges in finding suitable jobs that match their skills and experience. The "skills gap" can have negative consequences for both individuals and businesses, as it can lead to lower productivity, higher turnover rates, and reduced competitiveness in the marketplace. To address this issue, various strategies such as re-training programs, apprenticeships or upskilling initiatives may be implemented by governments, educational institutions or employers to bridge the gap between available skills and required skills for a job.

Sentences with «skills gap»

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