Finding skilled labor is a problem around the world according to a recent report from the Organisation for Economic Co-operation and Development titled “Getting Skills Right: Assessing and Anticipating Changing Skill Needs.”
The report found that many workers believe they have the skills to cope with more demanding work, while some think they need more training to cope well with their duties. On average, more than 40% of European workers feel their skill levels don’t correspond to those required to do their job, with similar findings for Mexico, Japan and Korea.
At the same time, the report notes, many employers report that they face recruitment problems because of skill shortages.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
