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Are we getting it right? The importance of assessing and anticipating skill needs

Abstract: Recent empirical literature warns about the negative impact that skills mismatch can have on individuals and economies as a whole. At the individual level, over-qualification and over-skilling entail lower earnings, lower job satisfaction and a higher risk of unemployment relative to well-matched workers (OECD, 2015 (forthcoming); Quintini, 2011). At the aggregate level, skill and qualifications mismatch are associated with lower labour productivity within industries (Adalet McGowan and Andrews, 2015)

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Last Updated: October 13, 2015