In pursuit of employable skills. Understanding employers' demands: Analysis of the Bahamas' 2012 wages and productivity survey

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															In pursuit of employable skills. Understanding employers' demands: Analysis of the Bahamas' 2012 wages and productivity survey
													

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Experts from many international, regional and national agencies generously share their views, experiences and findings on skills, helping policy-makers among other stakeholders to understand the linkages between education, training and the world of work, and how to integrate skills into national development planning to promote employment and economic growth.

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Anticipating and matching skills needs

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Anticipating and building skills for the future is essential to a rapidly changing labour market. This applies to changes in the types and levels of skills needed as well as in occupational and technical areas. Effective methods to anticipate future skills needs and avoid potential mismatches include: sustained dialogue between employers and trainers, coordination across government institutions, labour market information systems, employment services and performance reviews of training institutions.

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anticipating-and-matching-skills-needs

Knowledge Products:

Research papers

Working papers, reports, and other publications from international organizations, academic institutions and bilateral agencies. Research findings to stimulate informed debate on skills, employment and productivity issues.

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research-papers

Publication Date:

05 May 2016

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wcmstest4_174059.pdf

Most employers in the Bahamas report difficulties in finding the right set of skills for their jobs, while many people remain unemployed after the recent crisis (14.0% in 2012). Additionally, as new investments generate increasing manpower needs, responding to the skills shortage with a skills development strategy becomes a rising social and economic issue. This report aims to provide insight into this labour market dilemma by examining private sector employers’ reports in the 2012 Wages & Productivity Survey on firms’ demand for skills, difficulties in hiring, training needs and training practices.

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