Skills Mismatch and Productivity in the EU

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Publication Date 05/07/2019
ISBN 978-92-79-77437-9
ISSN 2443-8022
EC KC-BD-18-027-EN-N
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Summary:

This paper analyses different dimensions of skills mismatch (notably ‘macro-economic skills mismatch’, ‘skills shortages’, and ‘on-the-job skills mismatch’) and their empirical relationship with labour productivity. Macro-economic skills mismatch arises when the skills distribution differs between the available workers and those that get hired. Skills shortages occur when employers encounter difficulties to fill their vacancies. On-the-job skills mismatch (overqualification or underqualification) refers to a discrepancy between the qualification level of a jobholder and the requirements for that particular job.

Source Link https://ec.europa.eu/info/publications/skills-mismatch-and-productivity-eu_en
Alternative sources
  • https://ec.europa.eu/info/sites/info/files/economy-finance/dp100_en.pdf
  • http://dx.doi.org/10.2765/954687
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