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ISET Policy Institute

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by

Lasha Labadze

on 18 May 2016

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Transcript of ISET Policy Institute

ISET Policy Institute

Workforce skills are an obstacle to operation and growth of many firms
Workforce quality a key obstacle to operation and growth of many firms
Almost 50% of urban unemployed hold university degrees
Workforce Skills in the Eyes of the Employers, WORLD BANK, 2012-2013

Unemployment among youth
Unemployment
Lasha Labadze
Youth Speak Forum, 2015
Workforce Skills in the Eyes of the Employers, WORLD BANK, 2012-2013

World Economic Forum, The Global Competitiveness Report 2014 - 2015
Main labor market issues
(a) Underutilization of labor resources
(b) Earnings inequality
(c) skills mismatch
Diploma=Reputation
???
1. "Over-Education" Trap
2. The Educational Choices We Make…
lacking reliable information on the quality and relevance of educational institutions and programs
lacking information about labor market demand
Apply simple rule: "If you are clueless about what to do, do what everybody else does.”
Do I have real world skills?
How can I have enough experience to find a job in the future?
How my education here guarantees me a job?
What are the skills that employers are looking at?
Full transcript