Parent term: Skills
Where the demand for employees in specific occupations is greater than the supply of those who are qualified, available and willing to work under existing industry conditions.
Source: NCVER 2013, Australia
|Organisation: || National Centre for Vocational Education Research (NCVER), Australia|
|Source: || Glossary of VET (2013 - online version continuously updated, Accessed in Jan. 2016)|
|Description: ||The language of vocational education and training (VET) is complex and particularly prone to jargon and acronyms. The aim of this glossary is to provide a single up-to-date reference source for definitions of Australian VET-related terms, acronyms and organisations.|
The glossary is based on 'A glossary of Australian vocational education and training terms' which was published by the National Centre for Vocational Education Research (NCVER) in 2000. New content, sourced from recent NCVER publications, the VOCED database, websites of key Australian VET organisations, other VET glossaries and suggestions from NCVER staff, has been added. Website
Situation where skills supply (type of abilities and number of people available on the labour market) is not sufficient to meet labour market demand.
Source: CEDEFOP 2014, Europe
|Organisation: || European Centre for the Development of Vocational Training (CEDEFOP), Europe|
|Source: || Terminology of European education and training policy (2014)|
|Description: ||What is the difference between skill gap, skill needs or skill shortage? Is underqualification a synonym for undereducation or underskilling? What is the meaning of green skills?|
This multilingual glossary defines 130 key terms used in European education and training policy. An extended and updated version of Terminology of European education and training policy (2008) and Terminology of vocational training policy (2004), it also takes into account new priorities of European Union policy, mainly in skills and competence needs analysis. New definitions have been developed with the cooperation of experts from Cedefop’s research and policy analysis team. Abstract (Website)
Demand for a particular type of skill exceeds the supply of people with that skill
Source: ILO (STATS) 2014, Europe
|Organisation: || International Labour Organization, UN|
|Source: || Skill mismatch in Europe (2014)|
|Description: ||This brief is part of the efforts that the ILO Department of Statistics is undertaking to contribute to the statistical understanding and quantification of skills mismatch. The brief provides an overview of approaches to measure skills mismatch, and illustrates two approaches using data from the European Social Survey(ESS).p. 3 (Preface)|
(or talent shortage) A situation where the demand for a particular type of skill exceeds the available supply of that skill at the market clearing rate of pay.
Source: CEDEFOP 2015, Europe
|Organisation: || European Centre for the Development of Vocational Training, Europe|
|Source: || Skill shortages and gaps in European enterprises (2015)|
|Description: ||By exploring a wealth of available European data sources, the report attemps to single out the extent to which employers' general difficulties in recruitment can be truly attributed to skill shortages, as opposed to other possible factors. It also traces the evolution of skill shortages in EU Member states over time. Finally it scrutinises the critical role that orgnaisations have in adressing not only the skill gaps of their present workforce but also those that may arise in the future due to skill obsolescence. p.1 (Foreword) || ||