Skills shortages: concepts, measurement and policy responses


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Author: Shah, Chandra; Burke, Gerald


Understanding the different concepts and causes of skills shortages is important if sound policies are to be developed in the areas of employment, education, training and skill formation. This paper outlines different perspectives of skills shortages held by economists, employers and unions. It then discusses the measurement and identification issues and provides an example illustrating the practical difficulties of assessing skill shortages. A number of policy options to deal with skills shortages are also discussed.

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Subjects: Industry; Policy; Skills and knowledge; Labour market; Economics; Research; Employment

Keywords: Union; Government policy; Skill shortage; Economic implication; Measurement; Attitude; Employers

Published: Adelaide, South Australia: National Institute of Labour Studies, 2005

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Journal volume: 31

Journal number: 1

Journal date: 2005

Pages: pp.44-71

ISSN: 0311-6336

Statement of responsibility: Chandra Shah and Gerald Burke

Resource type: Article

Document number: TD/TNC 81.562

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