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Skill Mismatch in Labor Markets (Hardcover)
Loot Price: R3,428
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Skill Mismatch in Labor Markets (Hardcover)
Series: Research in Labor Economics
Expected to ship within 12 - 17 working days
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The 2008 global financial and economic crisis led to a significant
increase in unemployment rates in most developed economies, yet
despite the rising supply of labor, a high share of employers claim
that they cannot find the right talent and skills. Concerns that
economic restructuring and changing skill needs associated with new
technologies and workplace organization practices will not be met
by an adequately skilled workforce, has placed the issue of skill
mismatch - the incongruence between skill supply and skill demand -
high up in the policy agenda. This volume contains eleven original
research articles which deal with the linkages between education
and skills and the causes and consequences of different types of
skill mismatch. Topics include the way graduate jobs can be
defined, the labor market decisions and outcomes of graduates, the
determinants of the overeducation wage penalty, the determinants
and consequences of underskilling, the wage return of skills, the
impact of skill mismatch on aggregate productivity, and the role of
work-related training and job complexity on skill development.
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