Definition
The chasm between the skills employers need and what job seekers actually have, often cited when companies can't find candidates willing to work for their offered salary. Sometimes it's a real shortage; sometimes it's just unwillingness to train.
Example Usage
The manufacturing sector blamed the skills gap for unfilled positions, though critics noted they eliminated apprenticeship programs and wanted experienced workers at entry-level wages.
Origin
Term gained prominence in 2000s as technology rapidly changed job requirements
Fun Fact
The supposed skills gap is controversial—some economists argue it's largely manufactured by employers seeking perfect candidates rather than investing in training, evidenced by slow wage growth despite 'shortages.'
Related Terms
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See “skills gap” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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