Techno-News Blog

July 12, 2018

Skills gap could have alarming consequences

Filed under: Uncategorized — admin @ 12:25 am

BY LAURA ASCIONE, eCampus News

The study estimates the skills gap between future talent supply and demand will occur in 20 major economies at three milestones: 2020, 2025 and 2030, and across three sectors: financial and business services; technology, media and telecommunications; and manufacturing. It found that left to run its course, this shortage will create 85.2 million unfilled jobs and nearly $8.5 trillion in unrealized revenue in the economies analyzed. What’s more, a shortage of what the report calls “Level A” workers–those who have completed postsecondary education or a high-level trade college qualification–could equal 21 percent of the highly-skilled workforce of the 20 countries in the study.

Skills gap could have alarming consequences

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