Workforce Skills in the Eyes of the Employers : Results of the Georgia STEP Employer Skills Survey
The objective of this note is to present the results of the recently completed employer skills survey, and to discuss their policy implications. The analysis finds that there is a skills shortage in Georgia despite high unemployment. It is difficul...
| Main Author: | |
|---|---|
| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/08/24919389/workforce-skills-eyes-employers-results-georgia-step-employer-skills-survey http://hdl.handle.net/10986/22531 |
| Summary: | The objective of this note is to present
the results of the recently completed employer skills
survey, and to discuss their policy implications. The
analysis finds that there is a skills shortage in Georgia
despite high unemployment. It is difficult for employers,
especially in the modern sector, to find workers with the
required skills. Employers demand not only ‘hard’ technical
skills, but also ‘soft’ social and behavioural skills (such
as openness to experience) as well as higher-order cognitive
skills (such as problem solving and creative thinking). And
these are the skills that young Georgians often lack. Box
one summarizes the main results of the analysis and shows
the core employability skills that young workers lack most
often. The note is organized as follows. Section one looks
at the supply of and demand for skills, and shows that,
despite high unemployment, there is a skills shortage.
Section two examines the demand for skills more closely. It
identifies skills that determine the employers hiring
decisions, and skills that young job applicant most
frequently lack. Section three focuses on firm organized
training as a way of coping with a skills shortage. Section
four concludes and discusses policy implications of the analysis. |
|---|