Skills mismatch

Skills mismatch occurs when there is a disconnect between the skills that job seekers possess and the skills that employers need. This can happen when workers are not trained for available jobs, or when job requirements change due to technological advancements. As a result, qualified candidates may struggle to find suitable employment, while companies face difficulty filling positions. This mismatch can lead to higher unemployment rates and reduced economic productivity, highlighting the importance of aligning education and training programs with the evolving demands of the labor market.