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The Skills Gap: Is It a Myth?

The Skills Gap: Is It a Myth?

Thijs Van Rens, SMF-CAGE Global Perspectives Series: Paper 5, December 2015
global perspectives series, policy briefing, political economy

Thijs Van Rens, SMF-CAGE Global Perspectives Series: Paper 5, December 2015

Concern is growing in advanced economies, and in particular in the UK, about the skills gap: the growing gulf between the skills workers possess today and the skills businesses say they need. The concerns are often focused on shortages of workers with skills in subjects such as science, technology, engineering and maths (STEM), but increasingly also on ‘soft skills’ like problem solving, team working and communication. However, are we right to believe that the problem is one of insufficient supply of skills?

Political Economy