The availability of skills stimulates investments and stimulates economic activity

As it relates to the development and employment strategy

The skills gap is one of the main obstacles to economic growth in both developed and developing countries, as it limits the capacity of their production and service enterprises to growth and innovation, and reduces their competitiveness and economic and social environmental requirements.
"Economic studies reviewed the current and future situation of economies and labor markets to identify activities and sectors that suffer from gaps in skills," said Abdul Sattar Abdul Jabbar Musa, an economist.

Linking skills
"The importance of skills gaps in increasing employment opportunities and economic growth and the importance of linking skills to development and employment strategy have been emphasized," he added. "The importance of linking education and training to labor market requirements has also been emphasized as a necessary entry point for skills development." "These economic studies have reached the conclusion that addressing the skills gap requires some kind of coordination between policies to develop skills and policies aimed at promoting industry, trade and technological services and increasing investment," he said. "Achieving this goal requires integrating skills development policies with a development strategy." "The relationship between economic growth and the skills component takes the form of a reciprocal relationship to both the independent variable and the dependent variable," he said. "Higher growth will drive demand for skills and increase the number of people who are next to education and training, The work component, improving product quality and increasing competitiveness, which will serve as an incentive to increase investment and expand economic activity.

Man power
He stressed that "the decisive factor determining the success or failure of efforts to move from low-value-added economic activities to high-value activities has prompted economic researchers to focus on studying how to develop skills and address gaps in them to improve productivity, Working ".
Moussa stressed that "the continuous changes in the requirements of productive and service institutions of skills by technological and environmental changes and the intensification of competition on the markets have exacerbated the phenomenon of skills gaps and lack of markets."
In turn, academic economist Falah Khalaf al-Rubaie stressed to the "morning" the importance of addressing the lack of skills for his role in increasing employment opportunities and economic growth, noting the need to link skills to the strategy of development and employment, as well as linking education and training and labor market requirements as a necessary input to develop skills.
He explained that "the use of the term skilled refers to the behavior of the learner or acquired, which has two conditions are necessary, the first to be directed towards achieving a specific objective and the second to be organized so as to achieve the goal in the shortest possible time, and this behavior must have behavioral characteristics Skilled ".
*"Most of the economic studies concerned with the subject of the skills gap have dealt with the term skills shortage as synonymous with the meaning, but some studies distinguish between the two subjects," he said. The lack of skills is the scarcity or lack of supply of skills compared to the demand for skills in the external market.


Labor market
He explained that "lack of skills is a manifestation of imbalance and inefficiency in the labor market, whether local or international, because some of the shortage can be covered by encouraging migration, where the problem of lack of skills because there are no certain qualifications in the labor market, or because the supply does not match With the conditions required in the labor market. "
"The skills gap reflects the extent of the internal imbalance between skills, in the sense of imbalance between enterprises and productive and service institutions," concluded Al Rubaie.
*"The skills gap is shown when comparing the current level of employee skills within the enterprise with the target level of employers to increase the efficiency and efficiency of the institutions. Therefore, the skills gap can be used as a tool to monitor and quantify the quantitative and qualitative imbalances in the work component, And weaknesses in the personal efficiency of the employees of the facility, and can be used as a tool to be used as a link to correct the career path and identify the requirements for the development of skills and competencies in the future.

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