Disparity between workers skills and job requirements

Visualization of narrower problems
Name(s): 
Skills mismatch
Nature 
There is a growing disparity between the skill-structure of those seeking work and available vacancies, with a consequent growth in the share of 'structural' or 'frictional' unemployment.

Accelerating technological change and an ageing workforce with skills that need updating can lead to a situation where a need for skilled personnel and unemployment are coinciding.

Background 
The "Knowledge Paradox": technological skills will be needed at a point in the future where not enough young people are born to learn them and where the contribution of the older generation is urgently needed to cover the gap. This will make a reform of our current education system indispensable.
Broader 
Imbalance
Narrower 
Over-qualification
Obsolete vocational skills
Unavailability of trainee employment
Unsuitability of development projects for available labour
Imbalance between training and existence of openings in various professions
Related 
Social underdevelopment
Aggravates 
Disillusionment
Educated unemployed
Demanding requirements
Lack of job satisfaction [in 1 loop]
Sensed futility of job-hunting
Inadequate response to societal needs
Inadequate human resources development
Aggravated by 
Arbitrary job qualifications
Restricted in-service training
Downgrading of jobs due to computerization
Limited means of marketing employable skills
Antagonism between employment policy and technical advance
Strategy(ies) 
Designing employee engagement
Value(s) 
Disparity
Type 
(C) Cross-sectoral problems