First, there may
exist a skills mismatch between jobs needing to be filled and available workers.
Not exact matches
These kinds of success stories raise the question of whether a
skills gap really
exists at all, Mayo says, or whether there's just a fundamental
mismatch in the way companies hire for open positions and the way potential employees present their
skills.
He sets out three reasons why
skills mismatch exists: workers don't adjust to changes in
skills demand; firms don't adjust to changes in
skill supply, or wages do not reflect
skills shortages.