SkillsGap

A skills gap refers to the difference between the skills employers need and the skills that job seekers or current employees actually possess. It can result from rapid technological advancements, changes in industry standards, or inadequate training. When a skills gap exists, businesses may struggle to find qualified workers, leading to decreased productivity or innovation. Addressing this gap often involves investing in education, training programs, or upskilling employees to ensure they have the necessary competencies to meet evolving job requirements effectively.