World Countries by Skill Shortages - PowerPoint PPT Presentation

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World Countries by Skill Shortages

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Get here the collection of World Countries facing Skill Shortages in percentage. – PowerPoint PPT presentation

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Title: World Countries by Skill Shortages


1
World Countries by Skill Shortages
2
Sources of Skill Shortages
  • Globalization has increased and results in rapid
    technological change.
  • Demographic migration and labor market
    development has altered the structure of skill
    requirements in most of the countries.
  • In these trends, it has been expected to be
    continued in the future requirements.
  • World's greatest Skill Shortages at
    https//www.statsmonkey.com/list-of-world-countrie
    s-by-skill-shortages.html

3
Greatest Skill Shortage
  • Japan has the highest position with 81.
  • Their factories were destroyed and the cities
    where the industries had been ruined, but there
    have been many productive manufacturers in Japan
    since the Industrial Revolution.
  • It depends greatly on agriculture as it was about
    equal to manufacturing in terms of GDP.

4
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5
Problems of Skill Shortages
  • Skill shortage varies with the one's perspective
    labour market.
  • The quantity of skill supplied by workforce and
    the quantity demanded by employers diverge at the
    existing market conditions.
  • A lack of information, the time required for
    training and various barriers to labours.

6
  • Skill shortage arises when there is no trained
    people with particular skill to survey in the
    country.
  • Japan is the most country with most talent
    shortage and Spain occupies the least talent
    shortage.
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