skill gaps
A "skill gap" refers to the difference between the skills that employers need and the skills that job seekers possess. This gap can occur in various industries and can affect both new graduates and experienced workers. It often arises due to rapid technological advancements or changes in market demands, leading to a mismatch between education and job requirements.
Addressing skill gaps is essential for economic growth and workforce development. Organizations may invest in training programs or partnerships with educational institutions to help bridge these gaps. By doing so, they can ensure that their employees are equipped with the necessary skills to meet the evolving needs of the job market.