The global talent crisis is continuing to worsen. Across the globe we are seeing organisations fighting to find employees with the necessary skills and training.
As the economic recovery continues, companies are struggling to get the talent they need – particularly in science, technology, engineering and maths. And with the widening skills gap likely to become worse before it gets better, we are facing something of a perfect talent storm. It is good to see that this issue has become a subject of mainstream debate for media, politicians and corporates alike.
Seven components that make up the Skills Index
The following seven components are given equal weighting when calculating the overall score for each market. Each component measures how much pressure different factors are exerting on the local labour market. Higher scores mean that country is experiencing more pressure than has historically been the case. Lower scores mean that country is experiencing less pressure than has historically been the case.